Sejal Glass Ltd's JV enters into Asset Sale and Purchase Agreement to acquire Glass Processing Factory

Sejal Glass & Glass Manufacturing Products LLC (UAE LLC), a Subsidiary of M/s. Sejal Glass Ventures LLP (SGV LLP), wherein M/s. Sejal Glass Limited (SGL) is a Partner, has entered into an Asset Sale & Purchase Agreement (SPA) with M/s. Burhani Glass Factory LLP (BGF) for acquiring its Glass Processing Factory at Ras Al Khaimah, UAE, along with certain movable business Assets as required for glass processing business.

Shares of Sejal Glass Limited was last trading in BSE at Rs. 232.75 as compared to the previous close of Rs. 245.00. The total number of shares traded during the day was 479 in over 12 trades.

The stock hit an intraday high of Rs. 242.00 and intraday low of 232.75. The net turnover during the day was Rs. 111516.00.

Source : Equity Bulls

Keywords

SejalGlass INE955I01044 Glass Industrial Acquisition GlassProcessingFactory