Sejal Glass Limited has issued a corrigendum to its Postal Ballot Notice dated September 15, 2025, following directions from the National Stock Exchange. This update comes as part of the company's ongoing efforts to maintain transparency and compliance with regulatory requirements.

Key Points of the Corrigendum

1. Revised NAV Calculations: The corrigendum informs shareholders about an addendum dated October 06, 2025, issued by registered valuer Mr. Nitish Chaturvedi. This addendum presents revised Net Asset Value (NAV) calculations for the company.

2. E-Voting Period: The remote e-voting facility for the postal ballot remains active from September 16, 2025, until October 15, 2025.

3. Availability of Documents: Sejal Glass has made the valuation report and addendum available on its website for shareholders to review.

4. Voting Modification: Shareholders who have already voted but wish to modify their votes in light of the revised information can do so by contacting the scrutinizer before the voting deadline.

5. Related Documents: The corrigendum should be read in conjunction with the original postal ballot notice dated September 15, 2025, and a previous corrigendum dated October 07, 2025.

Additional Information

• Compliance: The corrigendum is issued in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Document Availability

Important Dates

Shareholders are advised to review the revised information carefully before casting or modifying their votes. The company emphasizes that this corrigendum is an integral part of the original postal ballot notice and should be considered accordingly.

For any modifications to votes already cast, shareholders can contact the scrutinizer at fcsharshad@gmail.com with a copy to evoting@nsdl.co.in before the voting deadline.

This corporate action underscores the importance of staying informed about company updates and exercising shareholder rights in a timely manner.

Sejal Glass Limited , a prominent player in the glass industry, has received shareholder approval for two significant proposals at its 27th Annual General Meeting (AGM) held on September 30. The company's strategic moves include a substantial fundraising initiative and the re-appointment of a key board member.

Fundraising Through Preference Shares

Shareholders gave their nod to a fundraising proposal that will see the company raise up to Rs 24.00 crore through the issuance of Non-Cumulative Redeemable Preference Shares (NCRPS) via private placement. The fundraising plan involves the issuance of 24,00,000 preference shares, each with a face value of Rs 100.00.

M/s. Dilesh Roadlines Private Limited, a promoter entity, has been identified as the investor for this private placement. This move is expected to strengthen the company's financial position, subject to necessary regulatory and statutory approvals.

Director Re-appointment

In another key development, Mr. Vijay Vasanji Mamania was re-appointed as a Non-Independent Non-Executive Director. Mr. Mamania, who was liable to retire by rotation, offered himself for re-appointment and received shareholder approval. Sejal Glass Limited confirmed that Mr. Mamania has not been debarred from holding a directorship by any regulatory authority, ensuring compliance with corporate governance norms.

Additional AGM Proceedings

The AGM, which commenced at 11:00 a.m. and concluded at 12:35 p.m., also saw the approval of other routine matters:

• Adoption of Audited Standalone and Consolidated Financial Statements
• Appointment of Secretarial Auditor
• Approval of remuneration for Mr. Jiggar Savla, Whole-Time Director

Corporate Governance and Transparency

Sejal Glass Limited demonstrated its commitment to corporate governance by engaging CS Harshad Pusalkar of Pusalkar & Co., a peer-reviewed firm, as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.

The company ensured transparency in the voting process by providing remote e-voting facilities through the National Securities Depository Limited (NSDL) platform, allowing shareholders to cast their votes electronically.

These developments indicate Sejal Glass Limited's focus on financial strengthening and maintaining strong corporate governance practices. The fundraising initiative may provide the company with additional capital for potential growth opportunities or debt reduction, depending on its strategic priorities.