Asahi India Shareholders Raise Borrowing Power Of Directors To Rs 20 bn

Asahi India Glass said that the members of the company have authorized the board of directors of the company borrowing power of upto Rs 20 billion.

The objects clause in the memorandum of association of the company would be accordingly altered in this regard.

The company has declared interim dividend of Rs 0.65 an equity share (65%) on 159,927,586 equity shares of Re 1 each for the financial year 2006-07. March. 24, 2007 was announced as the record date for the payment of interim dividend.

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600450 Asahi India Shareholders Raise Borrowing Power Of Directors To Rs 20 bn
Date: 30 March 2007

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