Sejal Glass Limited has successfully completed its preferential allotment of equity shares and convertible warrants, raising Rs. 94.35 crore as previously announced. The company's Implementation Committee of Directors approved the allotment on December 17, 2025, marking the completion of this significant fundraising initiative.

Allotment Details

The company has allotted securities as per the original proposal:

Major Allottees - Equity Shares

The equity shares have been distributed among various categories of investors:

Additional promoter group members received smaller allocations ranging from 4,000 to 8,000 shares each, including members of the Gosar, Savla, Rambhiya, Chheda, Tanna, Gada, Mamania, Bheda, and Shah families.

Convertible Warrants Distribution

The 4,00,000 convertible warrants have been allotted to promoter group entities:

Warrant Conversion Terms

The convertible warrants carry the right to subscribe to one equity share of face value Rs. 10.00 each at a premium of Rs. 545.00 per equity share. Warrant holders can exercise their conversion rights within 18 months from the allotment date, with 25% upfront payment required and the remaining 75% due upon conversion.

Regulatory Compliance

The preferential allotment has been conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable regulatory guidelines. The company has informed both BSE and NSE about the completion of this allotment process.

This successful fundraising strengthens Sejal Glass Limited's financial position and provides the company with additional capital for its growth initiatives and operational requirements.

Sejal Glass Limited , a prominent player in the glass industry, has announced its intention to explore fundraising options through equity shares or warrants. The company's board of directors is set to meet on September 15, 2025, to discuss and potentially approve a proposal for raising capital.

Board Meeting Announcement

In a regulatory filing to the BSE and NSE, Sejal Glass informed that a meeting of its Board of Directors is scheduled for Monday, September 15, 2025. The primary agenda of this meeting is to consider, evaluate, and approve a proposal for fund raising.

Fundraising Options Under Consideration

The company is exploring various avenues for raising capital, including:

• Issuance of equity shares
• Issuance of convertible warrants
• Preferential issue
• Other permissible modes of fundraising

The board will also consider a combination of these methods to secure the necessary capital for the company's operations and growth plans.

Regulatory Compliance

Sejal Glass emphasized that any fundraising activity would be conducted in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and all other applicable laws, rules, regulations, and guidelines prescribed by regulatory and statutory authorities.

Shareholder Approval

The company noted that the proposed fundraising plan would be subject to necessary approvals, including that of the company's shareholders through a postal ballot.

Trading Window Closure

In line with regulatory requirements and the company's internal policies, Sejal Glass has already closed its trading window. The window will remain closed until 48 hours after the conclusion of the company's 27th Annual General Meeting, ensuring compliance with insider trading regulations.

This strategic move by Sejal Glass to consider various fundraising options could potentially strengthen the company's financial position and support its future growth initiatives. Investors and stakeholders will be keenly watching the outcome of the upcoming board meeting for further details on the company's capital raising plans.