Sejal Glass Allots 13 Lakh Shares & 4 Lakh Warrants on Preferential Basis
Sejal Glass Limited announced the allotment of 13,00,000 Equity Shares of face value ₹10 each at an issue price of ₹555 per share (including a premium of ₹545 per share). This decision was approved by...
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Why is Sejal Glass Limited in the news today?
Sejal Glass Limited (SEJALLTD) is in the news due to the company is raising capital through preferential allotment of shares and warrants, which can be seen as a positive sign for growth and expansion.
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Sejal Glass Allots 13 Lakh Shares & 4 Lakh Warrants on Preferential Basis
December 17, 2025, 01:59 PM
Sejal Glass Limited announced the allotment of 13,00,000 Equity Shares of face value ₹10 each at an issue price of ₹555 per share (including a premium of ₹545 per share). This decision was approved by the Implementation Committee of Directors at their meeting held on December 17, 2025.
Additionally, the company has allotted 4,00,000 Unlisted Convertible Warrants at an issue price of ₹555 per warrant. Each warrant carries the right to subscribe to one equity share of face value ₹10 at a premium of ₹545. These warrants can be exercised, from time to time, in one or more tranches within 18 months from the allotment date.
The allotment of equity shares includes recipients such as Abakkus Growth Fund, Mr. Chandrakant Gogri, and M/s. Vinod H Biyani, among others. The convertible warrants were allotted to entities including Shivji Valji Gada HUF, Mr. Vedant Dhiraj Gada, and Mr. Kanji Valji Gada.
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