Sejal Glass Limited — Board Meeting, 30-12-2024: Outcome of Board Meeting

The Board has approved the issuance of up to 3,47,150 equity shares to the public at an issue price of ₹610 each, totaling ₹21.18 crore, along with the issuance of 1,77,850 convertible warrants to promoters, aggregating ₹10.85 crore, both subject to shareholder approval. Additionally, a Qualified Institutions Placement (QIP) to raise up to ₹100 crore has been authorized. An Implementation Committee of Directors has been formed to oversee the process, while members' approval will be sought through postal ballot.