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Sejal Glass proposes ₹40.80 cr Magnumtuff buy

PRIVATENov 07, 2026

Acquiring Company

Sejal Glass Limited

Acquired Company

Magnumtuff India Private Limited

PanvelKarnatakaManufacturingBuilding MaterialAutomotive

Description

Sejal Glass proposed on 7 November 2026 to acquire the architectural and automotive glass undertaking of Magnumtuff India Private Limited for ₹40.80 crore via a slump sale. The undertaking, including its Karnataka factory land and building, recorded ₹36.20 crore of FY26 operating revenue. Completion is expected on or before 30 November 2026, subject to formalities.

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Company Information

Company

Sejal Glass Limited

Location

Panvel, Maharashtra, India

About

Sejal Glass Limited is a leading manufacturer of architectural glass. The company focuses on innovative glass solutions and has a robust operational capacity. Recent expansions enhance its market presence significantly. Sejal Glass is committed to quality and customer satisfaction.

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Frequently asked

Who acquired Magnumtuff India Private Limited?

Magnumtuff India Private Limited was acquired by Sejal Glass Limited, based in Panvel. The deal was reported on November 7, 2026. Sejal Glass Limited is a leading manufacturer of architectural glass. The company focuses on innovative glass solutions and has a robust operational capacity. Recent expansions enhance its market presence significantly. Sejal Glass Limited is privately held and operates in Manufacturing.

When did Sejal Glass Limited acquire Magnumtuff India Private Limited?

Sejal Glass Limited's acquisition of Magnumtuff India Private Limited was reported on November 7, 2026. Sejal Glass proposed on 7 November 2026 to acquire the architectural and automotive glass undertaking of Magnumtuff India Private Limited for ₹40.80 crore via a slump sale. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Magnumtuff India Private Limited do?

Magnumtuff India Private Limited operates an architectural and automotive glass business with a factory in Nainglaj Village, Chikodi Taluka, Belgaum District, Karnataka. The identified undertaking recorded operating revenue of ₹36.20 crore in FY26. It is privately held, operating in Automotive, and is based in Karnataka.

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