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

Our Main Objects:
The main objects of our Company as stated in the Memorandum of Association are:
1. To carry on the business of manufacturing, processing, crafting, buying, selling, importing,
exporting, and/or otherwise dealing in all types of glass and mirror, like architectural glass,
toughened glass, safety glass, processed glass, stain glass, screen glass, beveled glass,
antique glass, reflective glass, lead crystal glass, cast glass, decorative mirrors, cut glass,
curved (Bend) glasses, layered glass, fuced glass, insulating glass, fiber glass, glass-bricks,
gift articles of glass accessories, flat glass and mirrors and decorative glass products, glass
wares, automobile glass, sheet float and plate glass, wielding glass, coloured glass, glass
doors and fittings and all types of glass articles or products.
1A. To carry on the business, in India or abroad, as ,manufacturers, distributors, agents, traders,
importers and exporters of or dealers in products, goods, articles, items, accessories, or
decorative items, of whatsoever kind, nature or description, and further whether of
commercial, industrial or household use or purpose, made of glass, acrylic, fibre, wood, or
timber, plastic steel or otherwise, such as but without prejudice to the generality of
foregoing, laminates, decorative doors and panels, veneers, tiles, fancy electric switches, Cp
fittings, moulded furniture and interior products, as well as electrical and electronic
products, sanitary or healthcare products, marble or granite, hardware items, wall posters or
pieces and work of art.
Subsidiaries of our Company
Our Company does not have any subsidiary company.
Shareholders’ Agreement
There is no Shareholders’ Agreement amongst the shareholders of our Company.
Other Agreements
We have entered into the following Non-Compete Agreements with some of the ventures promoted
by our Promoters, details of which are as follows:
1. Non–Compete Agreement between our Company and Sejal International Limited (“SIL”)
Our Company has entered into a Non–Compete Agreement (“the said Agreement”) dated November
19, 2007 with SIL (our Company and SIL collectively referred to as the “parties”), whereby it has
been agreed between the parties that with effect from the date of the said Agreement, SIL shall not
directly or indirectly through its affiliate(s), compete or endeavour to compete with our Company
directly or indirectly, and shall not directly or indirectly endeavour to obtain the person, firm or
corporation that is a customer of our Company, nor carry on any trading in glass business/transaction
developed by our Company during its expansions and operations, during the subsistence of the said
Agreement, SIL shall not directly or indirectly operate or cause to be operated any business or
undertaking within the territory which is engaged in or concerned with the products which are similar
to or compete with the products or the glass business without the prior written approval of our
Company, which our Company will not be obliged to grant. SIL shall not, in relation to any of the
products in which it trades or business, utilise any existing or future trademark or name, brand or
logo etc;(whether registered or not) that is or may be owned by/used by our Company without the
prior consent of our Company in writing.
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