Sejal Glass Approves Rs 40.8 Crore Magnumtuff Business Acquisition In Karnataka

Board approved BTA to acquire Magnumtuff India's Architectural and Automotive glass undertaking at Belgaum on slump sale for Rs 40.80 Cr cash. Target FY26 revenue Rs 36.2 Cr. Close by Nov 30, 2026. Second slump bolt-on after Glasstech; concretizes explored India acquisition and auto-glass entry, adding South India hub to serve Karnataka, Maharashtra and Goa within core glass line. Adds India plant and auto adjacency; cash, non-related, no approvals needed. Funding, target margins, capacity and BTA terms undisclosed; month-end close limits slip risk.