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.
Sejal Glass (SGL), the flagship of Sejal Group, is one of the preferred processors today in India. SGL is consistently analyzing and satisfying the customer's needs, conveniences and preferences by offering specific product range in different segments.
