BSECompany Update21h ago · 7 Nov 2026, 05:15 pm
Enclosed herewith intimation of the press release "Sejal Glass Limited proposes Rs. 40.80 Crore acquisition of Architectural and Automotive Glass Business."
Sejal Glass Ltd · 532993
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Sejal Glass Limited proposes the acquisition of Magnumtuff India Private Limited's business undertaking for ₹40.80 crore, expanding its manufacturing network to four facilities in India and strengthening its presence across key regional markets.
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Sejal Glass Ltd - 532993 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ref: SGL/Compliance/2026-27/108 November 07, 2026
Listing / Compliance Department Listing/Compliance Department
BSE Limited National Stock Exchange of India Limited
Floor 25, P J Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex,
Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Scrip Code: 532993 Symbol: SEJALLTD
Subject: Press Release ‘Sejal Glass Limited Proposes Rs. 40.80 Crore Acquisition of
Architectural And Automotive Glass Business’
Reference: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015.
Dear Sir/Madam,
In accordance with Regulation 30 of the SEBI Listing Regulations, please ϐind enclosed herewith
a copy of the press release being issued by the Company, titled “Sejal Glass Limited Proposes Rs.
40.80 Crore Acquisition of Architectural and Automotive Glass Business”.
This is for your information and records.
Thanking you,
Yours faithfully,
For Sejal Glass Limited
Ashwin S. Shetty
Vice President – Operations & Company Secretary – Compliance Ofϐicer
Membership No.: A20942
Encl.: as above
Sejal Glass Limited Proposes ₹40.80 Cr Acquisition Of Architectural
And Automotive Glass Business; Strengthens Its Manufacturing
Presence In South India
Proposed acquisition of Magnumtuff India Private Limited's business undertaking is expected to
expand the Company's manufacturing network to four facilities in India and strengthen its presence
across key regional markets.
Mumbai, 7th November, 2026 – Sejal Glass Limited (Sejal Glass, The Company), (NSE Code: SEJALLTD/
BSE Code: 532993), a manufacturer of high-quality architectural glass solutions, has announced that its
Board of Directors has approved the proposed execution of a Business Transfer Agreement (BTA) with
Magnumtuff India Private Limited for the acquisition of its Architectural Glass and Automotive Glass
business undertaking on a going-concern basis through a slump sale.
The proposed acquisition, together with the purchase of the associated factory land and building, involves
an aggregate lump-sum consideration of ₹40.80 crore. The identified business undertaking, which
includes manufacturing facilities, business assets, inventory, intellectual property, technical know-how,
customer and vendor relationships, contracts and employees, reported operating revenue of ₹36.20 crore
during FY26.
Key Highlights of the Proposed Acquisition
• ₹40.80 Cr Acquisition Consideration – Proposed acquisition of the identified Architectural Glass
and Automotive Glass business undertaking, along with the associated immovable property.
• Expansion to Four Manufacturing Facilities in India – The proposed acquisition is expected to
establish an additional manufacturing facility in South India, expanding the Company's
manufacturing footprint to four facilities in India.
• Strategic Karnataka Location – The facility is situated at Nainglaj Village, Chikodi Taluka, Belgaum
District, Karnataka, providing access to markets across Karnataka, Maharashtra, Goa and
adjoining regions.
• ₹36.20 Cr Operating Revenue – The identified business undertaking recorded operating revenue
of ₹36.20 crore during FY26.
• Broader Product and Business Capabilities – The acquisition will add established Architectural
Glass and Automotive Glass operations to the Company's existing business portfolio.
Strengthening Regional Reach and Operational Capabilities
The proposed acquisition marks an important step in Sejal Glass Limited's plans to expand its
manufacturing network and strengthen its presence across India's key glass markets.
The Karnataka facility is strategically positioned close to the Maharashtra–Karnataka border and is
expected to serve as an important manufacturing and distribution hub for Southern Maharashtra,
Northern Karnataka and Goa. Its location will enable the Company to improve customer reach, strengthen
regional supply capabilities and serve markets more efficiently.
The expanded manufacturing network is also expected to create operational synergies across the
Company's facilities. Sejal Glass Limited plans to leverage its existing manufacturing, technical, quality,
procurement, sales and management capabilities across the expanded network. This is expected to
support better production allocation, improved resource utilisation and greater operational efficiency.
The proposed acquisition is within the Company's existing line of business and aligns with its focus on
strengthening its glass manufacturing capabilities and expanding its market reach. The transaction is
expected to be completed on or before 30th November 2026, subject to the completion of the required
transaction formalities.
Commenting on the performance, Mr. Amrut Gada, Promoter of Sejal Glass Limited said, “The
proposed acquisition represents an important step in strengthening Sejal Glass Limited's
manufacturing capabilities and expanding its presence across key markets in India. The addition of
an established manufacturing facility in Karnataka will enhance the Company's regional reach and
provide better access to customers across Southern Maharashtra, Northern Karnataka and Goa.
The proposed addition of Architectural Glass and Automotive Glass operations will further strengthen
the Company's product capabilities. The expanded manufacturing network is expected to create
operational synergies, improve resource utilisation and support a more efficient distribution network.
Sejal Glass Limited remains focused on expanding its manufacturing capabilities, strengthening its
product portfolio and building a wider presence across domestic and international markets. This
strategic step reflects the Company's continued commitment to creating a stronger foundation for
sustainable growth.”
About Sejal Glass Limited
Sejal Glass Limited is engaged in the manufacturing of high-quality architectural glass solutions, catering
to a wide range of end-user industries, including residential and commercial real estate, public
infrastructure, industrial plants, hospitals, financial institutions, high-security zones, educational
institutions, data centres and laboratories.
Incorporated in 1998 and headquartered in Mumbai, Maharashtra, the Company has built a presence
across domestic and international markets, including exports, supported by its manufacturing facilities
in India and the UAE.
The Company offers a comprehensive portfolio of products, including toughened, laminated, insulated
and decorative glass, designed to meet requirements related to safety, durability and aesthetics. Its
solutions are used across modern infrastructure and construction projects, supporting both functional
performance and architectural design requirements.
Sejal Glass Limited continues to focus on delivering quality and reliable glass solutions by leveraging
technology and skilled craftsmanship while strengthening its manufacturing capabilities to cater to
evolving industry requirements.
In FY26, the Company reported consolidated Total Income of ₹401.36 Cr, EBITDA of ₹66.32 Cr, and Net Profit
of ₹29.03 Cr.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like government actions, local,
political or economic developments, technological risks, and many other factors that could cause actual
results to differ materially from those contemplated by the relevant forward-looking statements. The
Company will not be in any way responsible for any action taken based on such statements and
undertakes no obligation to publicly update these forward-looking statements to reflect subsequent
events or circumstances.