Sejal Glass Limited has informed the Exchange about the receipt of Trading Approval from National Stock Exchange of India Limited and BSE Limited for 13,00,000 Equity shares of Rs.10/- each allotted to Promoters and Non-Promoters on Preferential Basis.
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Sejal Glass Limited has received trading approval from both NSE and BSE for 13,00,000 (1.3 million) equity shares of Rs. 10/- each that were allotted on a preferential basis to Promoters and Non-Promoters. These shares were issued at a premium of Rs. 545 per share, meaning the total issue size at face value is Rs. 1.3 crore, with a significant premium component. The new shares carry distinctive numbers from 1,01,00,001 to 1,14,00,000 and began trading on both exchanges from March 11, 2026. As a result, the company's total listed capital has increased to Rs. 11.4 crore, comprising 1,14,00,000 fully paid equity shares. Part of the allotment is subject to lock-in periods, with the bulk of shares locked in until September 14, 2026, and a portion (4,00,000 shares) locked in until September 14, 2027.
The listing of these 13 lakh new shares increases the share float, which could lead to short-term dilution for existing shareholders. However, a large portion of these shares is under lock-in until September 2026-2027, which limits immediate supply pressure. Shareholders should note the significant premium at which these shares were allotted (Rs. 545) to promoters and non-promoters.