Sezal Glass raising Rs 18 cr from brand equity treaties

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 Sezal Glass raising Rs 18 cr from brand equity treaties
Date: 25 February 2011

See more news about:

Others also read

JSJ Jodeit and GFT have signed a collaboration agreement to position themselves as the first independent suppliers of float glass plants for thin glass.
Şişecam opens two new production plants in Tatarstan with an investment of USD 310 million
Vitro has successfully concluded the acquisition of the flat glass business from PPG.
AGC Glass Europe is to re-start its furnace for production of float glass at Boussois (Northern France) in April 2017.
Guardian Industries Corp. recently introduced a video profiling the Guardian SunGuard® glass application at the iconic Eli and Edythe Broad Art Museum at Michigan State University.
Guardian Glass has completed the transition of all clear float and fabricated glass production to Guardian ExtraClear® float glass in continental Europe.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/


PPG Industries, Inc.
PPG Industries, Inc.
PPG Industries, Inc.
Sisecam Group

Add new comment