Asahi India Glass Ltd. announced that the Board of Directors of the company at its meeting held on May 24, 2016, has considered and approved the recommendation to shareholders of dividend of 60% (INR 0.60 per share of face value INR 1) for 2015-2016.

The Board of Directors accorded an in-principle approval to set up new float glass manufacturing capacity factory unit of world class high standard having know-how of modern technology with highly qualified and skilled manpower.

The board of directors approved the resignation of Mr. Kenichi Ayukawa, Director with effect from June 01, 2016 and appointment of Mr. Toshiaki Hasuike as Director of the company with effect from June 01, 2016.