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

We undertake as follows:
• that the complaints received in respect of this Issue shall be attended to by us expeditiously
and satisfactorily;
• that all steps will be taken for the completion of the necessary formalities for listing and
commencement of trading at all the Stock Exchanges where the Equity Shares are proposed
to be listed within seven working days of finalisation of the basis of Allotment;
• that funds required for making refunds to unsuccessful applicants as per the mode(s)
disclosed shall be made available to the Registrar to the Issue by us;
• that where refunds are made through electronic transfer of funds, a suitable communication
shall be sent to the applicant within 15 working days of closure of the issue, giving details of
the bank where refunds shall be credited along with amount and expected date of electronic
credit of refund
• that the refund orders or allotment advice to the Non Residents shall be dispatched within
specified time; and
• that no further issue of Equity Shares shall be made till the Equity Shares offered through this
Draft Red Herring Prospectus are listed or until the Bid monies are refunded on account of
non-listing, under-subscription etc.
Utilisation of Issue proceeds
Our Board of Directors certify that:
• all monies received out of the Issue shall be credited/transferred to a separate bank account
other than the bank account referred to in sub-section (3) of Section 73 of the Companies
Act;
• details of all monies utilised out of Issue referred above shall be disclosed under an
appropriate head in our balance sheet indicating the purpose for which such monies have
been utilised;
• details of all unutilised monies out of the Issue, if any shall be disclosed under the
appropriate head in our balance sheet indicating the form in which such unutilised monies
have been invested;
• details of all unutilized monies out of the funds received under the reservations shall be
disclosed under a separate head in the balance sheet of our Company indicating then form in
which such unutilized monies have been invested.
• we shall not have recourse to the Issue proceeds until the approval for trading of the Equity
Shares from all the Stock Exchanges where listing is sought has been received.
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