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

Name and Address of the Underwriters Indicative Number of
Equity Shares to be
39
Underwritten
Amount Underwritten
(Rs. in Lacs)
Saffron Capital Advisors Private Limited [•] [•]
Syndicate Members
[•] [•] [•]
The above mentioned amount is indicative underwriting and this would be finalized after pricing and actual
allocation. The above Underwriting Agreement is dated [•]
In the opinion of the Board of Directors acting through the Chairman and Managing Director, based on a
certificate dated [•] given to them by BRLM and the Syndicate Members, the resources of the Underwriters are
sufficient to enable them to discharge their respective underwriting obligations in full. All the above-mentioned
Underwriters are registered with SEBI under Section 12(1) of the SEBI Act or registered as brokers with the stock
exchanges. The above Underwriting Agreement has been accepted by the Board of Directors of our Company and
has issued letters of acceptance to the Underwriters.
Allocation among Underwriters may not necessarily be in proportion to their underwriting commitments.
Notwithstanding the above table, the Underwriters shall be severally responsible for ensuring payment with
respect to Equity Shares allocated to investors procured by them. In the event of any default, the respective
Underwriter in addition to other obligations to be defined in the Underwriting Agreement, will also be required
to procure / subscribe to the extent of the defaulted amount.