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

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Our History <strong>and</strong> Background<br />

OUR HISTORY AND OTHER CORPORATE MATTERS<br />

Sejal Architectural Glass Limited, was incorporated as private <strong>limited</strong> in the year 1998 <strong>and</strong> its<br />

constitution was changed to a public <strong>limited</strong> company in March 08, 1999. Promoted by the members<br />

<strong>of</strong> the Gada family, our company is in the business <strong>of</strong> processing <strong>glass</strong>. We have processing facilities<br />

for insulating, toughened, laminated <strong>glass</strong>es <strong>and</strong> for decorative Glass as well. Our Company’s existing<br />

plant is located at Plot No 259/10/1, Village Dadra, Union Territory <strong>of</strong> Dadra, Nagar Haveli, District<br />

Silvassa.<br />

Our Company started its commercial operations in the year 2000-01 by setting up a processing facility<br />

for insulating <strong>glass</strong> . As a step forward, we started another process for toughened <strong>glass</strong> in the year<br />

2001. Since then, our company has exp<strong>and</strong>ed its operations by adding an automated lamination line<br />

in January 2007. We have broadened our scope <strong>of</strong> business activities by processing various value<br />

added <strong>glass</strong> for exterior <strong>and</strong> interior applications, including decorative <strong>glass</strong>.<br />

Our Company has already acquired specific skills <strong>and</strong> knowledge on the processing <strong>and</strong> marketing <strong>of</strong><br />

the <strong>glass</strong> <strong>and</strong> now as a step towards backward integration, we propose to set up a new manufacturing<br />

facility for float <strong>glass</strong> with a capacity <strong>of</strong> 2,00,750 MT per annum at Jhagadia, Dist. Bharuch, Gujarat.<br />

We have already acquired 6,08,540 sq. mts <strong>of</strong> l<strong>and</strong> for this backward integration project <strong>and</strong> L&T has<br />

been awarded as the contractor for executing the construction <strong>and</strong> civil works.<br />

The turnover <strong>of</strong> our company in the year 2000-01 was Rs. 408.25 Lacs with the PAT <strong>of</strong> Rs. 48.24 Lacs.<br />

During the year 2006-2007 our turnover has increased to Rs. 3824.05 Lacs <strong>and</strong> PAT has increased to<br />

Rs.276.33 Lacs. Our key clients consist <strong>of</strong> Reliance, K. Raheja, SP Fabricators, L&T, to name a few.<br />

Our <strong>glass</strong> has been used in structures such as Inorbit Mall, Sun Pharma, Mumbai <strong>and</strong> Baroda, K.<br />

Raheja IT Park, Hyderabad, Bangalore International Airport, Mumbai Airport, Domestic terminal.<br />

Our Company also operates its trading division from its premises named ‘Sejal Encasa’, which is<br />

located at K<strong>and</strong>ivali, Mumbai. This division trades in various in-house br<strong>and</strong>s as well as other<br />

manufacturers products. The products traded include tiles, sanitaryware, mirrors, <strong>glass</strong>, etc. for<br />

home <strong>and</strong> commercial interiors.<br />

Our Milestones<br />

Sr.No. Major Events Year<br />

1. Incorporation 1998<br />

2. Started Commercial Production <strong>of</strong> Insulating Glass 2000<br />

3. Started Commercial Production <strong>of</strong> Toughened Glass 2001<br />

4. “Good” eQ rating <strong>of</strong> 8.1% by AC Nielson Research Pvt. Ltd. 2005<br />

5. Acquired L<strong>and</strong> for the float <strong>glass</strong> project at Jhagadia, Gujarat 2006<br />

6. Completed expansion <strong>of</strong> the New Lamination Line 2007<br />

7. Contract for Machinery Supply with Stein Heurty, France for float <strong>glass</strong> project 2007<br />

8. Inauguration <strong>of</strong> “SEJAL ENCASA” the exclusive Glass Trading Outlet 2007<br />

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