Sejal Glass Hits 52-Week High as Board Clears Fundraising via Preferential Issue

Mumbai, September 15, 2025: Sejal Glass Limited share price closed by hitting its 5% upper circuit today, on September 15, 2025. At the market close, the shares ended 5%, or 32.35 points higher at ₹679.80, making their new 52-week high. The shares made an intraday high of ₹679.80 and a low of ₹679.80, as they hit the upper circuit right after the market opened. The traded volume stood at 8.90 thousand shares, with the market cap at 654 crore.

Sejal Glass Limited is an Indian company that manufactures and processes a variety of architectural and specialty glasses. The company was established on 12th July 2004 and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol SEJALLTD and on BSE with the code 532993.

Key Trigger: Approval of Fundraising Plan

The rise in the share price comes after the company’s board approved a fundraising plan today through preferential allotment of shares and warrants. The board approved the issuance of 13,00,000 equity shares of face value ₹10 each on a preferential basis to promoter and non-promoter groups. Additionally, the company also cleared the issuance of 4,00,000 convertible warrants that could be exercised into equity shares to promoter group entities. The fundraising plan now awaits the final shareholder approval. The company has scheduled the e-voting window from September 16 to October 15, 2025, with results to be declared on October 16, 2025.

The cut-off date for e-voting is September 12, while the e-voting will commence on September 16 and will close on October 15. The results will be declared on October 16, 2025. The company has set up an implementation committee which includes Independent Directors Chirag H. Doshi, Neha R. Gada, and Whole-time Director Jiggar L. Savla to oversee the whole process.

REF: https://nsearchives.nseindia.com/corporate/SEJALLTD_15092025115639_Outcome.pdf

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