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

(j) In terms of SEBI Guidelines, QIB Bidders shall not be allowed to withdraw their Bid after the
closure of Bidding.
(k) The Allotment details shall be put up on the website of the Registrar to the Issue.
Notice to QIBs: Allotment Reconciliation
After the Bid/Issue Closing Date, an electronic book will be prepared by the Registrar on the basis of
Bids uploaded on the NSE/BSE system. Based on the electronic book, QIBs may be sent a CAN,
indicating the number of Equity Shares that may be allocated to them. This CAN is subject to the
basis of final Allotment, which will be approved by the Designated Stock Exchange and reflected in
the reconciled book prepared by the Registrar. Subject to SEBI Guidelines, certain Bid applications
may be rejected due to technical reasons, non-receipt of funds, cancellation of cheques, cheque
bouncing, incorrect details, etc., and these rejected applications will be reflected in the
reconciliation and basis of Allotment as approved by the Designated Stock Exchange. As a result, a
revised CAN may be sent to QIBs, and the allocation of Equity Shares in such revised CAN may be
different from that specified in the earlier CAN. QIBs should note that they may be required to pay
additional amounts, if any, by the Pay-in Date specified in the revised CAN, for any increased
allocation of Equity Shares. The CAN will constitute the valid, binding and irrevocable contract
(subject only to the issue of a revised CAN) for the QIB to pay the entire Issue Price for all the Equity
Shares allocated to such QIB. The revised CAN, if issued, will supersede in entirety the earlier CAN.
Signing of Underwriting Agreement and RoC Filing
(a) We, the BRLM and the Syndicate Members shall enter into an Underwriting Agreement on
finalisation of the Issue Price and allocation(s) to the QIB Bidders.
(b) After signing the Underwriting Agreement, we would update and file the updated Red Herring
Prospectus with Registrar of Companies, Maharashtra at Mumbai, which then would be
termed ‘Prospectus’. The Prospectus would have details of the Issue Price, Issue Size,
underwriting arrangements and would be complete in all material respects.
Filing of the Prospectus with the ROC
We will file a copy of the Prospectus with the RoC in terms of Section 56, Section 60 and Section
60B of the Companies Act.
Announcement of pre-Issue advertisement
Subject to Section 66 of the Companies Act, our Company shall after receiving final observations,
if any, on this Draft Red Herring Prospectus from SEBI, publish an advertisement, in the from
prescribed by the SEBI Guidelines in an English national daily with wide circulation, one Hindi
national newspaper and one regional language newspaper.
Advertisement regarding Issue Price and Prospectus
A statutory advertisement will be issued by our Company after the filing of the Prospectus with the
Registrar of Companies, Maharashtra at Mumbai in two widely circulated newspapers (one each in
English and Hindi) and one local newspaper. This advertisement in addition to the information that
has to be set out in the statutory advertisement shall indicate the Issue Price. Any material updates
between the date of Red Herring Prospectus and the Prospectus shall be included in the
advertisement.
Issuance of Confirmation of Allocation Note (“CAN”)
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