Sezal Glass raising Rs 18 cr from brand equity treaties

Date: 25 February 2011

Glass manufacturer Sezal Glass is raising around Rs 18 crore through issue of shares to ad-for-equity investor Bennett Coleman & Co Ltd’s arm Brand Equity Treaties Ltd.

The deal will give the media firm around 6.5% stake in the small cap firm.

The company (formerly known as Sejal Architectural Glass Ltd) started off as a glass trading retail outlet two decades ago but moved into processing with a unit in Charkop and later setting up a processing unit at Silvassa.

Last month, it signed a MoU with Gujarat government on an intent to invest Rs 750 crore for its second float glass manufacturing unit at Bharuch at Jhagadia. The compoany had started manufacturing at its first glass making unit at the same location around a year ago.

Read the full story below.

600450

www.moneycontrol.com

2011-02-25T12:00:00

Sezal Glass raising Rs 18 cr from brand equity treaties glassonweb.com

See more news about:

Float Glass

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Ukraine to Build Its First High-Tech Float Glass Manufacturing Plant

EFI Group's NovaSklo to build a €240 million Kyiv glass plant to supply reconstruction of Ukraine.

Inauguration of Revolutionary Volta Flat Glass Production Line

On 12 February 2025, AGC and Saint-Gobain officially inaugurated the Volta production line in the presence of local authorities, stakeholders and representatives of both companies.

Glass for Europe Advocates for Reliable Environmental Data in New CPR Rules

Glass for Europe presents recommendations on the Construction Products Regulation’s new proposed environmental standards.

Glass for Europe reacts to the publication of the Competitiveness Compass

On 29 January, the European Commission unveiled its Competitiveness Compass, a strategic roadmap marking the first major step of its new mandate.

Saint-Gobain Glass France successful trial production of flat glass with bioliquid at its Aniche plant!

Saint-Gobain Glass France recently carried out a successful trial at its Aniche plant, integrating a bioliquid from the wood industry as an alternative energy source in the manufacture of flat glass for the building sector.

L-R: Brian Matuszewski (Glass Futures), Rajesh Khosla (AGI / AIGMF), Srinidhi Rao (Diageo) and Dave Fordham (Glass Futures) at the Diageo’s Craft and Innovation Hub in Goa.

Glass Futures and Diageo share global glass decarbonisation goals in India

Last year, Diageo and Glass Futures announced an expansion of their partnership into key regions such as India to explore effective routes for decarbonising the global glass industry.