Sejal Glass climbs on getting nod to acquire Architectural, Glass business of Magnumtuff India
Sejal Glass is currently trading at Rs. 913.00, up by 30.00 points or 3.40% from its previous closing of Rs. 883.00 on the BSE.
The scrip opened at Rs. 885.60 and has touched a high and low of Rs. 915.45 and Rs. 883.15 respectively. So far 1131 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1022.40 on 15-Oct-2026 and a 52 week low of Rs. 387.15 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 915.45 and Rs. 777.85 respectively. The current market cap of the company is Rs. 1030.56 crore.
The promoters holding in the company stood at 69.08%, while Institutions and Non-Institutions held 4.59% and 26.34% respectively.
Sejal Glass has secured approval to execute a Business Transfer Agreement (BTA) with Magnumtuff India for the acquisition of its Architectural Glass and Automotive Glass business undertaking on a going-concern basis through a slump sale. The board of directors of the company at its meeting held on November 06, 2026, has approved the same.
The proposed acquisition, together with the purchase of the associated factory land and building, involves an aggregate lump-sum consideration of Rs 40.80 crore. The identified business undertaking, which includes manufacturing facilities, business assets, inventory, intellectual property, technical know-how, customer and vendor relationships, contracts and employees, reported operating revenue of Rs 36.20 crore during FY26.
The acquisition will add established Architectural Glass and Automotive Glass operations to the company's existing business portfolio. The proposed acquisition is expected to establish an additional manufacturing facility in South India, expanding the company's manufacturing footprint to four facilities in India. The transaction is expected to be completed on or before November 30, 2026.
