The seven had faced multiple charges that included criminal conspiracy, murder and waging war against the nation.
The serial blasts were executed by Tiger Memon and his brothers.
The case involving the seven accused was first heard by judge Pramod Kode, who had also delivered the judgement in the main trial.
Salem, however, has been acquitted of other charges that were framed against him under the Terrorist and Disruptive Activities (Prevention) Act (TADA) initially.
Further, one accused, Abdul Qayyum has been acquitted of all charges.
The attacks were originally scheduled to take place in April during the Shiv Jayanti celebrations but had to be preponed after Gul Noor Mohammad Sheikh alias Gullu was detained at the Nav Pada police station on 9 March, 1993, as per the News18 report.
This is the second batch of accused who were being tried for the 12 blasts that rocked the city in 1993 killing 257 people. Zaveri Bazaar was also targeted in the blasts. In addition, grenades were lobbed at Sahar Airport. It was estimated that property worth over Rs 28 crore was destroyed in the attack.
■ 19 November 1993: CBI takes over the case. The CBI filed a chargesheet against 189 people.
MAR 16, 2013 Sanjay Dutt surrenders before court after SC upholds conviction. According to Special Public Prosecutor Ujjwal Nikam, Khan's "disclosures were important in furthering the investigation and proving the conspiracy".
■ 14 October 1994: The Supreme Court grants bail to Dutt, which was cancelled by the trial court in July.
The demolition of Babri Mosque in Ayodhya in 1992, resulted in series of riots across the country. The serial blasts claimed the lives of 257 and injured more than 700 people. Merchant and Shaikh were also convicted in the case. All the seven accused were present in court on Friday.
The TADA court had convicted 100 accused in the case, while 23 persons were acquitted, in the first leg of the trial that ended in 2007.
The convicts are- Abu Salem, Mustafa Dossa, Feroz Khan, Taher Merchant, Riyaz Siddiqui and Karimulla Khan.
Dawood Ibrahim (left), Tiger Memon (centre), and Yakub Memon. The court pronounced the sentence after hearing arguments from the defence and the prosecution.
In 2013, 10 of the 12 awaiting capital punishment had their sentences commuted to life imprisonment.
"The CBI will seek the death sentence against four accused (Dossa, Merchant, Feroze and Khan)".