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Sejal Glass gets nod to raise fund through QIP

19 Jan 2023 Evaluate

Sejal Glass has received approval from Board of Directors to raise funds by issue of Equity Shares through Qualified Institutional Placement (QIP) for an aggregate sum not exceeding Rs 90 crore, in one or more tranches on such terms and conditions as may be required. The Board of Directors at its meeting held on January 18, 2023, has approved the same.

Sejal Glass (SGL), the flagship of Sejal Group, is one of the preferred processors today in India.

Peers
Company Name CMP
Asahi India Glass 1055.10
Borosil Renewables 419.60
Borosil Scientific 109.95
Haldyn Glass 135.75
Sejal Glass 873.25
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