proceed with the Offer and each Investor Selling Shareholder, severally and not jointly, reserves the right not to
proceed with the Offer for Sale, at any time after the Bid/Offer Opening Date but before Allotment. If our
Company and the Investor Selling Shareholders withdraw the Offer, our Company will issue a public notice within
two days from the Bid/Offer Closing Date or such time as may be prescribed by SEBI, providing reasons for not
proceeding with the Offer. The BRLMs, through the Registrar to the Offer, will instruct the SCSBs and Sponsor
Bank, as applicable, to unblock the ASBA Accounts within one Working Day from the day of receipt of such
instruction. The notice of withdrawal will be issued in the same newspapers where the pre-Offer advertisements
have appeared and the Stock Exchanges will also be informed promptly.

If our Company and the Investor Selling Shareholders, in consultation with the BRLMs, withdraw the Offer after
the Bid/Offer Closing Date and thereafter determine that they will proceed with a public offering of Equity Shares,
a fresh draft red herring prospectus will be filed and/or submitted with SEBI and the Stock Exchanges.

Notwithstanding the foregoing, the Offer is also subject to obtaining (i) the final listing and trading approvals of
the Stock Exchanges, which our Company will apply for only after Allotment and within six Working Days of
the Bid/Offer Closing Date or such other period as per applicable law; and (ii) the final RoC approval of the
Prospectus after it is filed and/or submitted with the RoC and the Stock Exchanges.

Except in relation to Anchor Investors, Bids and any revision in Bids were accepted only between 10:00 a.m. and
5:00 p.m. (Indian Standard Time) during the Bid/Offer Period at the Bidding Centres, except that on the Bid/Offer
Closing Date, Bids were accepted only between 10:00 a.m. and 3:00 p.m. (Indian Standard Time) and uploaded
until (i) 4:00 p.m. (Indian Standard Time) for Bids by QIBs and Non-Institutional Investors; and (ii) 5:00 p.m. or
such extended time as permitted by the Stock Exchanges (Indian Standard Time) in case of Bids by Retail
Individual Investors.

On the Bid/Offer Closing Date, extension of time was granted by the Stock Exchanges only for uploading Bids
received from Retail Individual Investors after taking into account the total number of Bids received up to closure
of timings for acceptance of Bid cum Application Forms as stated herein and reported by the BRLMs to the Stock
Exchanges.

Due to limitation of time available for uploading the Bids on the Bid/Offer Closing Date, Bidders were advised
to submit their Bids one day prior to the Bid/Offer Closing Date and in any case no later than 3:00 p.m. IST on
the Bid/ Offer Closing Date. Any time mentioned in this Prospectus is IST. Bidders were cautioned that, in the
event a large number of Bids were received on the Bid/Offer Closing Date, some Bids could not get uploaded due
to lack of sufficient time. Such Bids that could not be uploaded were not considered for allocation under this
Offer. Bids were accepted only during Working Days.

It is clarified that Bids not uploaded on the electronic bidding system or in respect of which the full Bid
Amount were not blocked by the SCSBs were rejected.

Our Company, the Selling Shareholders and the members of Syndicate will not be responsible for any failure in:
(i) uploading Bids due to faults in any hardware/software system or otherwise; and (ii) the blocking of Bid Amount
in the ASBA Account on receipt of instructions from the Sponsor Bank on account of any errors, omissions or
non-compliance by various parties involved in, or any other fault, malfunctioning or breakdown in, or otherwise,
in the UPI Mechanism. Investors may please note that as per letters dated July 3, 2006 and July 6, 2006, issued
by BSE and NSE respectively, Bids and any revisions in Bids were not accepted on Saturdays and public holidays
as declared by the Stock Exchanges.

In case of any discrepancy in the data entered in the electronic book vis-a-vis data contained in the Bid cum
Application Form for a particular Bidder, the details as per the Bid file received from the Stock Exchanges were
taken as the final data for the purpose of Allotment.

 

 

 

 

 

Bid/Offer Period

BID/OFFER OPENED ON* Monday, March 15, 2021
BID/OFFER CLOSED ON Wednesday, March 17, 2021
FINALIZATION OF BASIS OF ALLOTMENT On or about Monday, March 22, 2021
INITIATION OF REFUNDS FOR ANCHOR On or about Tuesday, March 23, 2021
INVESTORS/UNBLOCKING OF FUNDS FROM ASBA

ACCOUNTS**

CREDIT OF EQUITY SHARES TO DEPOSITORY On or about Wednesday, March 24, 2021

 

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