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 , a leading architectural glass manufacturer, has reported a significant increase in its financial performance for the quarter ended September 30, 2025. The company delivered robust quarterly results, reflecting the impact of its recent acquisition and strong international operations.

Financial Highlights

• Revenue increased to Rs. 105.04 crores, up 69.75% year-over-year
• Net profit rose to Rs. 8.12 crores, a substantial increase of 231.43% year-over-year
• International operations contributed 72% of H1 revenue mix

Standalone Performance

• Net sales surged to Rs. 2,510.00 lakhs, up from Rs. 609.95 lakhs in the same quarter last year
• Reported a net loss of Rs. 34.12 lakhs for the quarter

Consolidated Performance

• Consolidated net sales reached Rs. 7,474.53 lakhs, compared to Rs. 616.91 lakhs in the previous year
• Posted a consolidated net profit of Rs. 877.12 lakhs

Key Financial Metrics

All figures in Rs. lakhs, except EPS

Strategic Developments

1. Completed acquisition of Glasstech Industries (India) Pvt. Ltd.'s architectural glass business
2. Signed an exclusive supply agreement with Saint Gobain
3. Secured a technology licensing deal with Polymer Technology SRO for fire-rated glass manufacturing

Business Acquisition Impact

The company's financial results include the impact of acquiring the architectural glass business of Glasstech Industries (India) Pvt. Ltd. through a Business Transfer Agreement executed on April 10, 2025. This acquisition has significantly expanded Sejal Glass's operational capacity and market presence.

Operational Overview

Sejal Glass operates primarily in the architectural glass manufacturing sector. The company now has an expanded footprint with factories located in Taloja, Maharashtra, and Tirade, Tamil Nadu, following the recent acquisition. The deal included the transfer of plant and machinery, technical know-how, intellectual property rights, brand name, goodwill, customer and vendor relationships, and employees.

Group Structure

The company's consolidated results include:

• One foreign subsidiary: Sejal Glass & Glass Manufacturing Products LLC
• One associate entity: Sejal Glass Ventures LLP

Management Commentary

Ashwin S. Shetty, V.P. Operations & Company Secretary-Compliance Officer, stated, "The Board of Directors has approved the unaudited financial results for the quarter and half year ended September 30, 2025. These results reflect the initial impact of our strategic acquisition, which has significantly expanded our operational capabilities and market reach."

Future Outlook

The substantial increase in consolidated sales and profitability suggests a positive trajectory for Sejal Glass. The integration of the acquired business, along with the new supply agreement and technology licensing deal, is expected to drive further growth and operational efficiencies in the coming quarters.

Investors and stakeholders will be keenly watching how Sejal Glass leverages its expanded capabilities and strategic partnerships to capture market opportunities in the architectural glass sector.

Note: All financial figures are in accordance with Indian Accounting Standards (Ind AS) and have been subject to limited review by the company's statutory auditors.