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Sejal Glass Limited to Raise Rs. 24 Crore via Preference Shares

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Sejal Glass Limited to Raise Rs. 24 Crore via Preference Shares

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Sejal Glass Limited ( (IN:SEJALLTD) ) has provided an announcement.

Sejal Glass Limited announced the approval of a proposal to raise funds up to Rs. 24 crore through the issuance of Non-Cumulative Redeemable Preference Shares via private placement. This strategic move, approved at the company’s 27th Annual General Meeting, aims to strengthen its financial position and support future growth initiatives, pending necessary regulatory approvals.

More about Sejal Glass Limited

Sejal Glass Limited operates in the glass industry, focusing on the production and distribution of various glass products. The company is known for its innovative solutions and caters to a diverse market, including construction, automotive, and interior design sectors.

Average Trading Volume: 3,669

Technical Sentiment Signal: Buy

Current Market Cap: 7.19B INR

Learn more about SEJALLTD stock on TipRanks’ Stock Analysis page.

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