acquisition agreements, shareholders agreement, inter-se agreements, agreements of like nature other than
disclosed in this Prospectus.

Agreements with Key Managerial Personnel, Director or any other employee

There are no agreements entered into by our Key Managerial Personnel or Director or any other employee of our
Company, either by themselves or on behalf of any other person, with any shareholder or any other third party
with regard to compensation or profit sharing in connection with dealings in the securities of our Company. There
are no profit sharing arrangements involving the Company, Promoters, Promoter group, Directors and
Shareholders.

Guarantees given by our Promoters offering their Equity Shares in the Offer for Sale

Except as stated below, no guarantee has been issued by our Promoters offering their Equity Shares in terms of
the Offer for Sale:

Our Promoters, VKS Family Trust and PKS Family Trust (collectively, the ‘Borrowers’), have pledged their
shares aggregating to 16.56% of the paid-up Equity Share Capital of the Company against a facility availed from
Tata Capital Financial Services Limited amounting to % 400 million. Pursuant to the terms of the facility, in the
event of an initial public offering by the Company, the Borrowers/ the security providers, including among others,
VKS Family Trust, PKS Family Trust, Vinod Kumar Saraogi, Prakash Kumar Saraogi, Usha Devi Saraogi and
Pushpa Devi Saraogi are required to tender such number of equity shares of the Company, in the offer for sale
category, that the post-tax realisation is sufficient to prepay the facility. The duration of the guarantee is the tenure
of the facility availed. In the event of any default of the terms and conditions of the facility, the Borrowers shall
be liable for the repayment obligations in accordance with the terms and conditions of the facility.

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