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sejal architectural glass limited - Securities and Exchange Board of ...

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Sr.<br />

No.<br />

Properties taken on rent by our Company<br />

Details <strong>of</strong> Agreement Address/Property Consideration (in Rs.) Type <strong>of</strong><br />

Property/p<br />

urpose<br />

116<br />

Tenure<br />

1. Rent Agreement datedPortion<br />

<strong>of</strong> third floor out <strong>of</strong>Monthly<br />

rent <strong>of</strong> Rs. 8,000/- Office / 3 years from<br />

October 17, 2006property<br />

bearing No. <strong>and</strong> Rs. 36,000/- as interestBusiness<br />

October 15,<br />

between Jyoti Khanna28/14,<br />

East Patel Nagar, free security deposit<br />

2006 to<br />

(First Party) <strong>and</strong> SejalNew<br />

Delhi<br />

October 14,<br />

Architectural Glass<br />

2009<br />

Limited (Second Party,<br />

Tenant)<br />

Sr.<br />

No.<br />

Insurance<br />

We maintain insurance for st<strong>and</strong>ard fire <strong>and</strong> special perils policy, which provides insurance<br />

cover against loss or damage by fire, explosion, riot <strong>and</strong> strikes, terrorism, burglary, theft <strong>and</strong><br />

robbery, which we believe is in accordance with customary industry practices.<br />

However, the amount <strong>of</strong> our insurance coverage may be less than the replacement cost <strong>of</strong> all<br />

covered property <strong>and</strong> may not be sufficient to cover all financial losses that we may suffer<br />

should a risk materialize. Further, there are many events that could cause significant damages<br />

to our operations, or expose us to third-party liabilities, whether or not known to us, for which<br />

we may not be adequately insured. If we were to incur a significant liability for which we were<br />

not fully insured, it could have a material adverse effect on our results <strong>of</strong> operations <strong>and</strong><br />

financial position.<br />

The details <strong>of</strong> our material insurance policies <strong>and</strong> those <strong>of</strong> our subsidiaries are as stated below:<br />

Policy<br />

Details<br />

1. Install – Additional<br />

Endorsement.<br />

Policy no.<br />

5004/0003352 dated<br />

October 24, 2007<br />

2. St<strong>and</strong>ard fire <strong>and</strong><br />

Special perils<br />

insurance policy.<br />

Policy No. 11190615<br />

dated May 21,2007<br />

Name <strong>of</strong> the<br />

company<br />

ICICI Lombard<br />

General<br />

Insurance<br />

Company Limited<br />

IFFCO-TOKIO<br />

General<br />

Insurance Co.<br />

Ltd.<br />

Period covered Total<br />

amount<br />

From To<br />

July 21, Januar Sum insured<br />

2007 y 20, Rs.837,500,<br />

2009 00/-<br />

(Project<br />

Sum)<br />

Rs.<br />

6,000,000/-<br />

(Debris<br />

Removal)<br />

Premium<br />

Amount –<br />

Rs.<br />

289,069/-<br />

May 21, May Sum<br />

2007 20, Insured- Rs.<br />

2008 50,35,00,00<br />

0/-<br />

Premium<br />

Amount- Rs.<br />

560,419/-<br />

Property details<br />

Civil construction <strong>of</strong><br />

float <strong>glass</strong> plant<br />

situated at Road no.<br />

8, GIDC, Jhagadia,<br />

Bharuch District,<br />

Gujarat.<br />

Factory building,<br />

Plinth <strong>and</strong><br />

Foundation,<br />

Inventory, Plant <strong>and</strong><br />

machinery <strong>and</strong><br />

Furniture Fixtures<br />

<strong>and</strong> other <strong>of</strong>fice<br />

equipment.<br />

Insured premises at<br />

Plot No. 259/10/1,

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