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SEJAL GLASS LTD.

16 May 2025 | 03:41

Industry >> Glass & Glass Products

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ISIN No INE955I01044 BSE Code / NSE Code 532993 / SEJALLTD Book Value (Rs.) 32.31 Face Value 10.00
Bookclosure 19/07/2024 52Week High 679 EPS 10.85 P/E 37.57
Market Cap. 411.78 Cr. 52Week Low 299 P/BV / Div Yield (%) 12.62 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Sejal Architectural Glass Limited, was incorporated as a private limited Company in the year 1998, and its constitution was changed to a public limited company on March 08, 1999. Promoted by the members of the Gada family, our Company is in the business of processing glass. We have processing facilities for insulating, toughened, laminated glasses and for decorative glass as well. Our Company's existing plant is located at Plot No 259/10/1, Village Dadra, Union Territory of Dadra, Nagar Haveli, District Silvassa.Our Company started its commercial operations in the year 2000-01 by setting up a processing facility for insulating glass. As a step forward, we started another process for toughened glass in the year 2001.Since then, our Company has expanded its operations by adding an automated lamination line in January 2007. We have broadened our scope of business activities by processing various value added glass for exterior and interior applications, including decorative glass.

Our Company has already acquired specific skills and knowledge on the processing and marketing of the glass and now as a step towards backward integration, we propose to set up a new manufacturing facility for float glass with a capacity of 2,00,750 MT per annum at Jhagadia, Dist. Bharuch, Gujarat.We have already acquired 6,08,540 sq. mts of land for this backward integration project and L&T has been awarded as the contractor for executing the construction and civil works.

Our Company also operates its trading division from its premises named 'Sejal Encasa', which is located at Kandivali, Mumbai. This division trades in various in-house brands as well as other manufacturers'products. The products traded include tiles, sanitaryware, mirrors, glass, etc. for home and commercial interiors.

Our Milestones

Sr.No. Major Events Year

1. Incorporation 1998

2. Started Commercial Production of Insulating Glass 2000

3. Started Commercial Production of Toughened Glass 2001

4.Good eQ rating of 8.1% by AC Nielson Research Pvt. Ltd. 2005

5. Acquired Land for the float glass project at Jhagadia, Gujarat 2006

6. Completed expansion of the New Lamination Line 2007

7. Contract for Machinery Supply with Stein Heurtey, France for float glass project 2007

8. Inauguration of "SEJAL ENCASA" the exclusive Glass Trading Outlet 2007

9. Roll out of Supply Chain Management Enterprise Resource Planning (ERP) modules in our organisation 2008

2008

-Sejal Architectural Glass is coming out with an initial public offering (IPO) on June 9, 2008 with a issue of 91.94 lakh equity shares of Rs10 each for cash at a price decided by 100% book building process. The price band for the issue is between Rs 105 to Rs 115 per share.

-E-mail ID for Investor Grievances: investor.relations@sejalglass.co.in

-The Company recommended payment of Dividend @ 5.5% for the year.

2010

- Sezal Glass Limited has informed that Mr. P.L. Safaya is the new Chief Operating Officer (C.O.O) of the Company w.e.f. August 01, 2010.

-Company has splits its Face value of Shares from Rs 10 to Re 1

-Company has changed its name from Sejal Architectural Glass Ltd. to Sezal Glass Ltd.                                                           
                               
-Company has resumed production from its 550 MTPD Float Glass manufacturing plant at Bharuch, Jhagadia.
             
2011
-Company has Consolidates its Face value of Shares from Rs 1 to Rs 10 2013 -The Company along with Arjun Realty Holdings Limitedhas entered into a Joint Venture for undertaking society redevelopment and real estate projects in Mumbai. -The company has approved the 'Sezal Glass-Employees stock option scheme". -The name of the company changed from "Sezal Glass Ltd" to "Sejal Glass Ltd".

2014
-Company has changed its name from Sezal Glass Ltd to Sejal Glass Ltd.                                                           
                                                        
2015
- The Company has changed its registered office address as follows : Sejal Glass Ltd, 3rd floor, 173/174, Sejal Encasa, Opp. Bata Showroom, S.v. Road, Kandivali ( West ), Mumbai- 400 067.
2023

-Sejal Glass "Sejal Glass Announces Overseas Acquisition".