Further, the Board may at any time give notice requiring any nominee to choose either to be registered himself or herself or to
transfer the Equity Shares, and if the notice is not complied with within a period of 90 days, the Board may thereafter withhold
payment of all dividends, bonuses or other monies payable in respect of the Equity Shares, until the requirements of the notice
have been complied with.

Since the Allotment of Equity Shares in the Offer will be made only in dematerialised mode, there is no need to make a separate
nomination with our Company. Nominations registered with respective Depository Participant of the Bidder would prevail. If
the Bidder wants to change the nomination, they are requested to inform their respective Depository Participant.

Our Company shall comply with such disclosure and accounting norms as may be specified by SEBI from time to time.

 

 

Bid/Offer Programme
BID/OFFER OPENED ON Monday, December 13, 2021
BID/OFFER CLOSED ON Wednesday, December 15, 2021

 

 

(© The Anchor Investor Bid/Offer Period was one Working Day prior to the Bid/Offer Opening Date, being December 10, 2021

® UPI mandate end time and date was at 12.00 pm on Thursday, December 16, 2021

An indicative timetable in respect of the Offer is set out below:

 

 

 

 

 

 

 

Event Indicative Date
Finalisation of Basis of Allotment with the Designated Stock Exchange On or about Monday, December 20,
Initiation of refunds (if any, for Anchor Investors)/unblocking of funds from ASBA Account* | On or about ae December 21,
Credit of Equity Shares to demat accounts of Allottees On or about Weieaien December 22,
Commencement of trading of the Equity Shares on the Stock Exchanges On or about Thusday December 23,
2021

 

 

* Tn case of (i) any delay in unblocking of amounts in the ASBA Accounts (including amounts blocked through the UPI Mechanism) for cancelled/
withdrawn/ deleted ASBA Forms, the Bidder shall be compensated at a uniform rate of 2100 per day or 15% per annum of the Bid Amount, whichever is
higher from the date on which the request for cancellation’ withdrawal/ deletion is placed in the Stock Exchanges bidding platform until the date on
which the amounts are unblocked (ii) any blocking of multiple amounts for the same ASBA Form (for amounts blocked through the UPI Mechanism), the
Bidder shall be compensated at a uniform rate 2100 per day or 15% per annum of the total cumulative blocked amount except the original application
amount, whichever is higher from the date on which such multiple amounts were blocked till the date of actual unblock; (iii) any blocking of amounts
more than the Bid Amount, the Bidder shall be compensated at a uniform rate of 2100 per day or 15% per annum of the difference in amount, whichever
is higher from the date on which such excess amounts were blocked till the date of actual unblock; (iv) any delay in unblocking of non-allotted/ partially
allotted Bids, exceeding four Working Days from the Bid/Offer Closing Date, the Bidder shall be compensated at a uniform rate of 2100 per day or 15%
per annum of the Bid Amount, whichever is higher for the entire duration of delay exceeding four Working Days from the Bid/ Offer Closing Date by the
SCSB responsible for causing such delay in unblocking. The post Offer BRLMs shall be liable for compensating the Bidder at a uniform rate of 2100 per
day or 15% per annum of the Bid Amount, whichever is higher from the date of receipt of the Investor grievance until the date on which the blocked
amounts are unblocked. Further, Bidders shall be entitled to compensation in the manner specified in the SEBI circular no.
SEBI/HO/CFD/DIL2/CIR/P/2021/2480/1/M dated March 16, 2021 and SEBI circular no. SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 2, 2021, and
any other applicable law in case of delays in resolving investor grievances in relation to blocking/unblocking of funds.

The above timetable, other than the Bid/Offer Closing Date, is indicative and does not constitute any obligation or
liability on our Company, our Selling Shareholders or the BRLMs.

Whilst our Company shall ensure that all steps for the completion of the necessary formalities for the listing and the
commencement of trading of the Equity Shares on the Stock Exchanges are taken within six Working Days of the
Bid/Offer Closing Date, the timetable may be extended due to various factors, such as any delay in receiving the final
listing and trading approval from the Stock Exchanges. In terms of the SEBI_ circular
SEBI/HO/CFD/DIL1/CIR/P/2021/47 dated March 31, 2021, our Company shall within four days from the closure of the
Offer, refund the subscription amount received in case of non — receipt of minimum subscription or in case our Company
fails to obtain listing or trading permission from the Stock Exchanges for the Equity Shares. The commencement of
trading of the Equity Shares will be entirely at the discretion of the Stock Exchanges and in accordance with the
applicable laws. Each Selling Shareholder confirms that it shall extend such reasonable support and co-operation
required by our Company and the BRLMs for completion of the necessary formalities for listing and commencement of
trading of the Equity Shares at the Stock Exchanges within six Working Days from the Bid/Offer Closing Date or such
other period as may be prescribed by SEBI.

The Registrar to the Offer shall submit the details of cancelled/withdrawn/deleted applications to the SCSB’s on daily
basis within 60 minutes of the Bid closure time from the Bid/ Offer Opening Date till the Bid/Offer Closing Date by
obtaining the same from the Stock Exchanges. The SCSB’s shall unblock such applications by the closing hours of the
Working Day.

In terms of the UPI Circulars, in relation to the Offer, the BRLMs will be required to submit reports of compliance with timelines
and activities prescribed by SEBI in connection with the allotment and listing procedure within six Working Days from the
Bid/ Offer Closing Date, identifying non-adherence to timelines and processes and an analysis of entities responsible for the
delay and the reasons associated with it.

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