Asahi India Glass Limited (AIS) announced the resignation of Non-Executive Independent Director, Mr. Setsuya Yoshino, effective March 31, 2026. The resignation is due to Mr. Yoshino’s permanent return to Japan. The Board recorded its appreciation for his contributions and confirmed that Mr. Yoshino holds no directorships in any other listed entity. The company has provided the required disclosures as per regulatory mandates.
Director Cessation Confirmed
Asahi India Glass Limited has formally informed the stock exchanges regarding a key change in its Board composition. Mr. Setsuya Yoshino, serving as a Non-Executive – Independent Director, tendered his resignation via a letter dated March 31, 2026. The cessation of his tenure was effective from the close of business hours on March 31, 2026.
Reason for Departure
The primary reason cited for Mr. Yoshino’s departure is his permanent relocation and return to Japan. In compliance with requisite disclosures, the company confirmed that Mr. Yoshino stated there were no other material reasons for his resignation apart from the stated personal necessity. Furthermore, it was confirmed that he does not hold any directorships or memberships on board committees of any other publicly listed entities.
Board Acknowledgment
The Board of Directors took the opportunity to place on record its sincere appreciation for the valuable contribution and guidance provided by Mr. Setsuya Yoshino during his tenure with AIS in his capacity as an Independent Director.
Disclosure Annexure Summary
The requisite disclosure format confirmed the following key details regarding the cessation:
- Reason for Change: Resignation.
- Date of Cessation: Close of business hours on 31st March, 2026.
- Profile/Relationships: Not Applicable for a resignation disclosure.
Source: BSE
