Sejal Glass Limited has officially disclosed the voting results of its postal ballot conducted through remote e-voting, with shareholders demonstrating overwhelming support for both proposed resolutions. The company submitted the voting results and scrutinizer's report to BSE Limited and National Stock Exchange of India Limited on March 19, 2026, in compliance with Regulation 44 of SEBI Listing Regulations.

Postal Ballot Process Overview

The postal ballot was conducted with a record date of February 13, 2026, covering 6,568 total shareholders holding 1,14,00,000 equity shares. The remote e-voting period commenced on February 17, 2026 at 09:00 AM and concluded on March 18, 2026 at 05:00 PM, facilitated by National Securities Depository Limited (NSDL) as the electronic voting service provider.

Resolution 1: Related Party Transaction Limits

The first ordinary resolution seeking approval for related party transaction limits received strong shareholder support. Out of 72 shareholders who participated in voting for this resolution, representing 12,67,444 shares, the approval was decisive with 99.87% votes in favour.

Resolution 2: Investment Threshold Increase

The second special resolution regarding the increase in threshold for loans, guarantees, securities provision, and investments under Section 186 of the Companies Act, 2013, achieved exceptional support with 99.98% approval. This resolution witnessed significantly higher participation with 108 shareholders casting votes, representing 92,37,144 shares.

Scrutinizer's Report and Compliance

Vyoma Desai, Managing Partner of Abbas Lakdawalla & Associates LLP, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report dated March 16, 2026, confirmed that both resolutions were passed with the requisite majority as per the Companies Act, 2013 and SEBI Listing Regulations.

Key compliance measures included:

• Postal ballot notice sent via email to 6,126 shareholders with registered email addresses
• Public notice published in "The Free Press Journal" and "Navshakti" newspapers on February 17, 2026
• Electronic voting facility provided through NSDL's platform at www.evoting.nsdl.com
• Voting results uploaded on company website www.sejalglass.co.in and NSDL platform

The resolutions are deemed to have been passed on March 18, 2026, the last date of the e-voting period. The voting results and scrutinizer's report have been made available on the company's website and filed with BSE Limited (Scrip Code: 532993) and National Stock Exchange of India Limited (Symbol: SEJALLTD) for regulatory compliance.

Sejal glass Limited has received trading approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for its preferential issue of equity shares. The company announced that both exchanges granted approval on March 10, 2026, for 13,00,000 equity shares of Rs. 10/- each allotted to promoters and non-promoters on a preferential basis.

Trading Commencement and Share Details

The approved equity shares commenced trading on March 11, 2026, on both exchanges. The shares were issued at a premium of Rs. 545/- and bear distinctive numbers from 1,01,00,001 to 1,14,00,000.

Impact on Listed Capital

Following the receipt of trading approvals, the company's listed capital will increase significantly. The total listed capital will become Rs. 11,40,00,000, comprising 1,14,00,000 fully paid equity shares of Rs. 10/- each.

Lock-in Period Details

The allotted shares are subject to specific lock-in periods as per regulatory requirements:

Regulatory Compliance

The company has fulfilled all requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval letters were issued by NSE under reference number NSE/LIST/53655 and by BSE under reference number LOD/PREF/SV/160/2025-2026, both dated March 10, 2026.

Corporate Communication

The disclosure has been made available on the company's website at http://www.sejalglass.co.in as per regulatory requirements. The company secretary and compliance officer, Ashwin S. Shetty, who also serves as VP Operations, communicated the development to both exchanges.