Meeting Details

The 28th Annual General Meeting of Sejal Glass Limited was held on Saturday, July 18, 2026.

  • Time: Commenced at 11:00 A.M. (IST) and concluded at 02:30 P.M. (IST).
  • Mode/Venue: Physical mode at 2nd Floor, Flags Banquet, Milap Theater, Swami Vivekananda Road, Majithia Nagar, Goraswadi, Kandivali (West), Mumbai - 400067.
  • Reference: Conducted in compliance with circulars from the Ministry of Corporate Affairs and SEBI.

Attendance

  • Promoters Present: Mr. Amrut S Gada (Founder and Promoter), Mr. Dhiraj S. Gada (Founder and Promoter), Mr. Shantilal S. Gada (Promoter), Mr. Mitesh K Gada (Promoter), and Mr. Kanji V Gada (Promoter) were all present in person.
  • Directors Present: Mr. Surji Chheda (Chairman), Mr. Jiggar L. Savla (Executive Director), Mr. Chirag H. Doshi (Non-Executive, Independent Director), Ms. Neha Gada (Non-Executive, Independent Director), and Ms. Amruta S. Patankar (Non-Executive, Independent Director) were present in person.
  • Director Absent: Mr. Vijay V. Mamania (Non-Executive Director) was absent due to pre-occupation with personal commitments.
  • Other Attendees: Representatives from the Statutory Auditors (M/s. Gokhale & Sathe), Secretarial Auditor and Scrutinizer (CS Harshad Pusalkar of Pusalkar & Co., CP No. 23823), and Internal Auditors (M/s. Joisher & Associates) were present.
  • Shareholder Attendance: A total of 97 members attended the AGM.

Proceedings Overview

Mr. Surji Chheda chaired the meeting. The Company Secretary, Mr. Ashwin S. Shetty, welcomed attendees and introduced the panel. The notice of the AGM was taken as read. The reports of the Statutory Auditors and Secretarial Auditor were noted to contain no qualifications or adverse remarks and were therefore not read aloud.

Business Outlook and Financial Performance

Mr. Amrut Gada, Founder and Promoter, addressed the members and provided the following business update and financial highlights for the financial year ended March 31, 2026:

  • Financial Performance: The company achieved consolidated revenue of over ₹401 Crores, EBITDA of ₹66 Crores, and Profit After Tax (PAT) of ₹29 Crores.
  • Business Transformation: The company has transformed into a leading architectural and specialty glass company.
  • Operational Integration: Successfully completed the integration of the Taloja and Erode manufacturing facilities, strengthening capabilities and expanding the portfolio of value-added and specialized glass products.
  • International Expansion: Enhanced international presence through UAE operations to participate in larger façade and infrastructure projects across the GCC region.
  • Product Portfolio: Expanded offerings to include fire-rated glass, railway-grade glass, bullet-resistant glass, digitally printed glass, and advanced façade solutions.
  • Strategic Vision: The long-term vision "Lakshya 2030" is guided by the principles of "Speed – Scale - Sustainability".

Agenda Items and Resolutions Transacted

The following agenda items from the Notice dated June 25, 2026, were transacted:

1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026, and reports of the Board of Directors and Auditors.

2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026, and the report of the Auditors thereon.

3. Ordinary Resolution: Re-appointment of Mr. Jiggar Savla (DIN:09055150) as a Director liable to retire by rotation.

4. Ordinary Resolution: Re-appointment of M/s. Gokhale and Sathe, Chartered Accountants (FRN:103264W) as Statutory Auditors of the Company.

5. Special Resolution: Re-appointment of Mr. Jiggar Savla (DIN:09055150) as Whole Time Director and fixing of his remuneration.

6. Special Resolution: Re-appointment of Mr. Chirag Himatlal Doshi (DIN:08532321) as an Independent Director.

7. Special Resolution: Re-appointment of Ms. Neha Rajen Gada (DIN:01642373) as an Independent Director.

Voting and Scrutinizer Details

  • The remote e-voting facility was provided through NSDL, open from July 13, 2026, at 09:00 a.m. to July 17, 2026, at 05:00 P.M.
  • Members present at the AGM who had not voted remotely were requested to cast their votes through a poll.
  • The company received 7 Corporate Resolutions and 1 Proxy Form for the meeting.
  • CS Harshad Pusalkar was appointed as the Scrutinizer to oversee the voting process and submit a consolidated report.
  • The results of the voting and the Scrutinizer's report were to be declared within two working days and made available on the company's website (www.sejalglass.co.in), the stock exchanges (BSE and NSE), and NSDL's website (www.evoting@nsdl.com).

Other Formal Matters

  • Statutory registers were made available for inspection at the venue until the conclusion of the meeting.
  • 12 speaker members raised queries during the meeting, to which clarifications were provided by the Chairman.
  • The meeting concluded with a vote of thanks.