Intellectual Property

As of the date of this Prospectus, we own 226 trademarks and three copyrights which we use across our
operations. Further, we have made one patent application, 22 trademark applications and four copyright
applications. For further details of the intellectual property owned by us, see “Government and Other Approvals
~ Intellectual Property” on page 387.

Competition

The level of competition in the ATM, cash management and PoS sectors in India is considerably high. The
charge of services by service providers fluctuates on regular intervals. This is largely done in order to remain
competitive in the market. See “Industry Overview” on page 116.

Property

We have entered into leave and license agreements in respect of our Registered Office with Mr. Ravi B. Goyal,
one of our Promoters and Directors, and Mrs. Anupama R. Goyal, one of our Directors and a member of the
Promoter Group, which are valid until December 9, 2024 and August 15, 2024, respectively. For further details,

see “Our Management” on page 199. Our Corporate Office is also located on leased premises.

We also have 34 branch offices across India and facilities at Daman, Daman and Diu, and Kalamboli, Navi
Mumbai, Maharashtra, as of August 31, 2021.

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