Sejal Glass Withdraws Equity Share Issue Amid Market Uncertainty

Sejal Glass Ltd has approved the withdrawal of its proposed equity share issue due to unfavorable market conditions. This decision reflects the company's cautious approach to capital raising in a volatile market environment. Sejal Glass continues to focus on its core operations in the glass sector, where it has shown resilience despite recent stock price fluctuations. The company's market capitalization stands at approximately ₹377 crore, with a strong return on equity of 70.66% in the last fiscal year.

 

Sources: NSE India, BSE India, Economic Times