relevant resolution or authority, as the case may be, along with a certified copy of the memorandum of association and articles
of association and/or bye laws was required to be attached with the Bid cum Application Form. Failing this, our Bank and the
Selling Shareholders, in consultation with the Book Running Lead Managers reserve the right to accept or reject any Bid in
whole or in part, in either case, without assigning any reason thereof.

Our Bank and the Selling Shareholders, in consultation with the Book Running Lead Managers in their absolute discretion,
reserve the right to relax the above condition of simultaneous lodging of the power of attorney along with the Bid cum
Application Form subject to the terms and conditions that our Bank and the Selling Shareholders, in consultation with the Book
Running Lead Managers may deem fit.

Bids by Systemically Important Non-Banking Financial Companies

In case of Bids made by Systemically Important NBFCs registered with RBI, certified copies of: (i) the certificate of registration
issued by RBI, (ii) certified copy of its last audited financial statements on a standalone basis and a net worth certificate from its
statutory auditor, and (iii) such other approval as may be required by the Systemically Important NBFCs, were required to be
attached to the Bid cum Application Form. Failing this, our Bank and the Selling Shareholders, in consultation with the Book
Running Lead Managers, reserves the right to reject any Bid without assigning any reason thereof. Systemically Important
NBFCs participating in the Issue shall comply with all applicable regulations, guidelines and circulars issued by RBI from time
to time.

The investment limit for Systemically Important NBFCs shall be as prescribed by RBI from time to time.
Bids by Eligible Employees

The Bid were required to be for a minimum of 49 Equity Shares and in multiples of 49 Equity Shares thereafter so as to ensure
that the Bid Amount payable by the Eligible Employee does not exceed = 500,000 on a net basis. However, the initial allocation
to an Eligible Employee in the Employee Reservation Portion shall not exceed = 200,000 (which will be less Employee Discount).
Allotment in the Employee Reservation Portion will be as detailed in the section “Issue Structure” beginning on page 373.

However, Allotments to Eligible Employees in excess of = 200,000 (which will be less Employee Discount) shall be considered
on a proportionate basis, in the event of undersubscription in the Employee Reservation Portion, subject to the total Allotment
to an Eligible Employee not exceeding = 500,000 (which will be less Employee Discount). Subsequent undersubscription, if any,
in the Employee Reservation Portion shall be added back to the Net Issue. Eligible Employees Bidding in the Employee
Reservation Portion may Bid at the Cut-off Price.

Bids under the Employee Reservation Portion by Eligible Employees were required to be:
. Made only in the prescribed Bid cum Application Form or Revision Form.

° Only Eligible Employees (excluding such other persons not eligible under applicable laws, rules, regulations and
guidelines) were eligible to apply in this Issue under the Employee Reservation Portion.

. In case of joint bids, the Sole/ First Bidder shall be the Eligible Employee.
. Bids by Eligible Employees were permitted to be made at Cut-off Price.
. Only those Bids, which were received at or above the Issue Price, net of Employee Discount would be considered for

allocation under this portion.
. The Bids were required to be for a minimum of 49 Equity Shares and in multiples of 49 Equity Shares thereafter.

. If the aggregate demand in this portion was less than or equal to 500,000 Equity Shares at or above the Issue Price, full
allocation shall be made to the Eligible Employees to the extent of their demand.

. Bids by Eligible Employees in the Employee Reservation Portion and in the Net Issue portion were not treated as
multiple Bids. Our Bank reserves the right to reject, in its absolute discretion, all or any multiple Bids in any or all
categories.

In the event of under-subscription in the Employee Reservation Portion, the unsubscribed portion was made available for
allocation and Allotment, proportionately to all Eligible Employees who had Bid in excess of = 200,000 (net of Employee
Discount), subject to the maximum value of Allotment made to such Eligible Employee not exceeding = 500,000 (net of
Employee Discount).

If the aggregate demand in this portion was greater than 500,000 Equity Shares at or above the Issue Price, the allocation shall
be made on a proportionate basis. For the method of proportionate basis of Allotment, see “Issue Procedure” beginning on page
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