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

FROM ALL THE STOCK EXCHANGES MENTIONED IN THE DRAFT RED HERRING PROSPECTUS.
WE FURTHER CONFIRM THAT THE AGREEMENT ENTERED INTO BETWEEN THE BANKERS TO
THE ISSUE AND THE ISSUER WOULD SPECIFICALLY CONTAIN THIS CONDITION.
10. WE CERTIFY THAT NO PAYMENT IN THE NATURE OF DISCOUNT, COMMISSION, ALLOWANCE
OR OTHERWISE SHALL BE MADE BY THE ISSUER OR THE PROMOTERS, DIRECTLY OR
INDIRECTLY, TO ANY PERSON WHO RECEIVES SECURITIES BY WAY OF FIRM ALLOTMENT IN
THE ISSUE.
11. WE CERTIFY THAT A DISCLOSURE HAS BEEN MADE IN THE DRAFT RED HERRING
PROSPECTUS THAT THE INVESTORS SHALL BE ALLOTTED SHARES IN THE DEMAT MODE
ONLY.
12. WE CERTIFY THAT THE FOLLOWING DISCLOSURES HAVE BEEN MADE IN THE DRAFT RED
HERRING PROSPECTUS:
a. AN UNDERTAKING FROM THE ISSUER THAT AT ANY GIVEN TIME THERE SHALL BE
ONLY ONE DENOMINATION FOR THE SHARES OF THE COMPANY AND
b. AN UNDERTAKING FROM THE ISSUER THAT IT SHALL COMPLY WITH SUCH
DISCLOSURE AND ACCOUNTING NORMS SPECIFIED BY THE BOARD FROM TIME TO
TIME.)
THE FILING OF THIS DRAFT RED HERRING PROSPECTUS DOES NOT, HOWEVER, ABSOLVE THE
COMPANY FROM ANY LIABILITIES UNDER SECTION 63 AND SECTION 68 OF THE COMPANIES ACT OR
FROM THE REQUIREMENT OF OBTAINING SUCH STATUTORY AND OTHER CLEARANCES AS MAY BE
REQUIRED FOR THE PURPOSE OF THE PROPOSED OFFER. SEBI FURTHER RESERVES THE RIGHT TO
TAKE UP AT ANY POINT OF TIME, WITH THE BRLM, ANY IRREGULARITIES OR LAPSES IN THIS DRAFT
RED HERRING PROSPECTUS.
Disclaimer Statement from the Company and the BRLM.
Investors may note that Sejal Architectural Glass Limited and Saffron Capital Advisors Private Limited
accept no responsibility for statements made other than in this Draft Red Herring Prospectus or in
the advertisement or any other material issued by or at the instance of the Issuer Company or Book
Running Lead Manager and that any one, placing reliance on any other source of information
including our website, www.sejalglass.com would do so at their own risk.
Investors that Bid in this Issue will be required to confirm and will be deemed to have represented to
our Company, the BRLM and their respective directors, officers, agents, affiliates, and
representatives that they are eligible under all applicable laws, rules, regulations, guidelines and
approvals to acquire Equity Shares of our Company and will not issue, sell, pledge, or transfer the
Equity Shares of our Company to any person who is not eligible under any applicable laws, rules,
regulations, guidelines and approvals to acquire Equity Shares of our Company. Our Company, the
BRLM and their respective directors, officers, agents, affiliates and representatives accept no
responsibility or liability for advising any investor on whether such investor is eligible to acquire
Equity Shares of our Company and the disclosures as to applicable investment limits in this Draft Red
Herring Prospectus are not represented to be complete or accurate and investors should conduct an
independent evaluation of their ability to invest in this Issue.
The BRLM does not accept any responsibility, save to the limited extent as provided in terms of the
Memorandum of Understanding entered into between our Company and the BRLM and the
Underwriting Agreement to be entered into between our Company and the Underwriters.
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