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.

Sejal Glass Limited conducted its quarterly earnings conference call on February 18, 2026, to discuss the company's operational and financial performance for Q3 and nine months ended December 31, 2025. The call was hosted by Kirin Advisors with participation from Mr. Amrut Gada, Promoter, and Mr. Chandresh Rambhia, Chief Financial Officer.

Financial Performance Overview

For the nine months ended December 31, 2025, the company delivered strong financial results across key metrics:

Capital Raising Activities

During the quarter ended December 31, 2025, Sejal Glass completed significant fundraising activities to strengthen its financial position:

The company received listing permission for the equity shares from both Bombay Stock Exchange and National Stock Exchange.

Business Operations and Market Position

Sejal Glass operates as a manufacturer of high-quality architectural glass solutions, serving diverse end-user industries including residential and commercial real estate, public infrastructure, industrial plants, hospitals, financial institutions, and data centers. The company maintains state-of-the-art manufacturing facilities in India and the UAE, supported by over 150 supply chain partners and a client base exceeding 500 customers.

The company's product portfolio encompasses:

• Toughened glass
• Laminated safety glass
• Insulated glass units
• Digital printed glass
• Decorative and specialty glasses

Capacity Utilization and Expansion

Management provided detailed insights into current capacity utilization across different product lines and locations:

Strategic Initiatives and Future Products

The company is advancing several strategic initiatives to enhance its product portfolio:

• Fire-rated glass production: Expected to commence in Q1 of next financial year through technology partnership with a Spanish provider
• Bulletproof glass: Testing completed, market approach underway
• Digital printing: Production already started at the acquired Glasstech facility in Talaja

Management expects these high-value products to contribute meaningfully to profitability from Q3 of the next financial year.

Market Outlook and Growth Prospects

The company remains optimistic about industry tailwinds, citing robust demand across multiple segments. Management highlighted strong activity in residential real estate, commercial leasing, data centers, and infrastructure projects. The shift toward energy efficiency and sustainable construction continues to drive demand for double glazed and solar control glass solutions.

For the current financial year, management expects consolidated revenue to reach approximately INR 400 crores, with minimum 25% growth targeted for the following year. The company is targeting EBITDA margins of 18% going forward, with potential for further improvement as capacity utilization increases at newly acquired units.