Sejal Glass Ltd, a manufacturer of architectural glass solutions, is set to acquire Magnumtuff India Pvt Ltd architectural glass and automotive glass business on a going-concern basis through a slump sale for ₹40.80 crore.
The proposed transaction, including the purchase of the associated factory land and building. The business undertaking reported operating revenue of ₹36.20 crore in FY26.
Acquisition to add fourth manufacturing facility
The acquisition is expected to give Sejal Glass an additional manufacturing facility in Karnataka, taking its total manufacturing footprint to four facilities in India.
The location is expected to improve customer access and regional supply capabilities, particularly across Southern Maharashtra, Northern Karnataka and Goa. It will also enable the company to serve these markets more efficiently.
Focus on operational synergies
The expanded manufacturing network is expected to support better production allocation, improved resource utilisation and greater operational efficiency.
The acquisition is within the company’s existing line of business and aligns with its strategy to strengthen glass manufacturing capabilities, broaden its product portfolio and expand its market reach.
Management comment
“The proposed acquisition represents an important step in strengthening Sejal Glass’s manufacturing capabilities and expanding its presence across key markets in India,” Sejal Glass, Promoter, Amrut Gada, said.
“The proposed addition of architectural glass and automotive glass operations will further strengthen the company’s product capabilities. The expanded manufacturing network is expected to create operational synergies, improve resource utilisation and support a more efficient distribution network,” he said.
Sejal Glass remains focused on expanding its manufacturing capabilities, strengthening its product portfolio and building a wider presence in domestic and international markets.
The transaction is expected to be completed on or before November 30, 2026.