Asahi India Glass has approved the appointment of Mr. Takahiro Tokuda as an Additional Director in the capacity of Independent Director for a term of five consecutive years, effective April 1, 2026. Mr. Tokuda, aged 56, brings over 30 years of experience from Mitsubishi Corporation, including roles in its Healthcare and Life Sciences divisions. He confirms meeting all criteria for independence under applicable regulations.
Board Approval for New Independent Director
The Board of Directors of Asahi India Glass Limited has formally approved the appointment of Mr. Takahiro Tokuda as an Additional Director. This appointment is made in the capacity of an Independent Director, based on the recommendation of the Nomination and Remuneration Committee. The term for this directorship is set for five consecutive years, commencing from April 1, 2026. This resolution was passed via circulation and is subject to subsequent shareholder approval.
It is noted that Mr. Tokuda’s office shall not be liable to retire by rotation during his tenure.
Profile of Mr. Takahiro Tokuda
Mr. Takahiro Tokuda is 56 years old and holds a bachelor’s degree in agriculture from the University of Tokyo, Japan. His professional career spans over 30 years with Mitsubishi Corporation, Japan, beginning in April 1992.
He currently serves as the Division C.O.O. of the Healthcare Division at Mitsubishi Corporation. His significant past roles include General Manager of the Bio-Fine Chemicals Department and Executive Vice President at Mitsubishi Corporation Life Sciences Ltd. Furthermore, he is currently serving as a Non-Executive Director on the Board of Deccan Fine Chemicals (India) Private Limited, demonstrating wide-ranging board experience across diverse sectors.
Confirmation of Independence and Eligibility
Mr. Tokuda has provided consent for the appointment and has confirmed that he meets all necessary criteria for ‘Independence’ as stipulated under the Companies Act, 2013, and the relevant Listing Regulations. Crucially, he has confirmed that he has not been debarred from holding a directorship by the SEBI or any other regulatory authority.
The company further confirms that Mr. Tokuda is not related to any existing Director of Asahi India Glass Limited and is fully qualified for the appointment.
Regulatory Disclosure
The outcome of the resolution passed by circulation is being communicated to both the National Stock Exchange of India Ltd. (NSE Code: ASAHIINDIA) and the BSE Limited (BSE Code: 515030) as required.
Source: BSE
