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