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

9.
November 22,
2007
Ms. Diwaliben S. Gada 500 100 YES
Sejal Float Glass Limited 1,081,000 100 YES
Sejal Glass Craft Private Limited 2,27,500 100 YES
Mr. Shivji V. Gada 73,750 100 YES
Mr. Amrut S. Gada 2,73,000 100 YES
Mr. Dhiraj S.Gada 1,24,250 100 YES
Mr. Kanji V.Gada 64,750 100 YES
Mr. Mitesh K. Gada 2,38,000 100 YES
Mr. Shantilal S. Gada 2,00,250 100 YES
Mr. Prakash Gada 2,500 100 YES
Total 33,76,500
N. Nagappan
P. Narayan Iyer jointly with
2600 100 NO
Aparajitha Iyer
Aparajitha Iyer P. Narayan Iyer
1300 100 NO
jointly with 3250 100 NO
B. Sudha
Jayantilal A. Gala Jointly with
520 100 NO
Kamla Gala 1000 100 NO
Jethlal P. Chhadwa 1000 100 NO
Pravin Avchar Gala
Dhiraj Karia jointly with Hemlata
500 100 NO
Karia 86250 100 YES
Total 96,420
15. In terms of Clause 4.16.1(a) of the SEBI Guidelines, the Equity Shares held by persons, other than our
Promoters prior to the Issue, may be transferred to any other person holding the Equity Shares which are
locked-in as per Clause 4.14 of the SEBI Guidelines, subject to continuation of the lockin in the hands of the
transferees for the remaining period and compliance with SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 1997, as applicable.
The Equity Shares to be held by the Promoters under lock-in period shall not be
sold/hypothecated/transferred during the lock in period. In terms of Clause 4.16.1(b) of the SEBI Guidelines,
the Equity Shares held by our Promoters may be transferred to and amongst the Promoter group or to new
promoters or persons in control of our Company subject to continuation of the lock in in the hands of the
transferees for the remaining period and compliance with SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 1997, as applicable.
16. As on the date of filing of this Draft Red Herring Prospectus with SEBI, there are no outstanding warrants,
options or rights to convert debentures, loans or other financial instruments into our Equity Shares.
17. Our Company, our Promoter, our Directors and the BRLM to this Issue have not entered into any buy-back,
standby or similar arrangements with any person for purchase of our Equity Shares issued by our Company
through this Draft Red Herring Prospectus.
18. Our Company does not have any ESOS/ESPS scheme for our employees and we do not intend to allot any
shares to our employees under ESOS/ESPS scheme from the proposed issue. As and when, options are granted
to our employees under the ESOP scheme, our Company shall comply with the SEBI (Employee Stock Option
Scheme and Employees Stock Purchase Plan) Guidelines 1999.
53