below 10% of the total paid-up Equity Share capital of our Company on a fully diluted basis. Any Bids by FPIs and/ or the FPI
Group (including but not limited to (a) FPIs Bidding through the MIM Structure; or (b) FPIs with separate registrations for
offshore derivative instruments and proprietary derivative instruments) for 10% or more of our total paid-up post Offer Equity
Share capital shall be liable to be rejected.

Bids by SEBI registered VCFs, AIFs and FVCIs

The SEBI AIF Regulations prescribe, amongst others, the investment restrictions on AIFs. Post the repeal of the SEBI VCF
Regulations venture capital funds which have not re-registered as AIFs under the SEBI AIF Regulations shall continue to be
regulated by the SEBI VCF Regulations until the existing fund or scheme managed by the fund is wound up and such fund shall
not launch any new scheme after the notification of the SEBI AIF Regulations. The SEBI FVCI Regulations prescribe the
investment restrictions on FVCIs.

Accordingly, the holding in any company by any individual VCF or FVCIs registered with SEBI should not exceed 25% of the
corpus of the VCF or FVCI. Further, VCFs and FVCIs can invest (under Schedule I of the FEMA Non-Debt Instruments Rules)
only up to 33.33% of the investible funds in various prescribed instruments, including in public offering.

Category I and II AIFs cannot invest more than 25% of the investible funds in one investee company. A Category III AIF cannot
invest more than 10% of the investible funds in one investee company. A VCF registered as a Category I AIF, as defined in the
SEBI AIF Regulations, cannot invest more than one-third of its investible funds by way of subscription to an initial public
offering of a venture capital undertaking whose shares are proposed to be listed. Additionally, the VCFs which have not re-
registered as an AIF under the SEBI AIF Regulations shall continue to be regulated by the SEBI VCF Regulations until the
existing fund or scheme managed by the fund is wound up and such funds shall not launch any new scheme after the notification
of the SEBI AIF Regulations.

Participation of AIFs, VCFs and FVCIs shall be subject to the FEMA Rules

All non-resident investors should note that refunds (in case of Anchor Investors), dividends and other distributions, if
any, will be payable in Indian Rupees only and net of bank charges and commission.

Our Company, the Selling Shareholders or the BRLMs will not be responsible for loss, if any, incurred by the Bidder on account
of conversion of foreign currency.

Bids by Eligible Employees

The Bid must be for a minimum of 18 Equity Shares and in multiples of 18 Equity Shares thereafter so as to ensure that the Bid
Amount payable by the Eligible Employee does not exceed %500,000 (net of Employee Discount). However, the initial
allocation to an Eligible Employee in the Employee Reservation Portion shall not exceed 2200,000 (net of Employee Discount).
Allotment in the Employee Reservation Portion will be as detailed in the section “Offer Structure” beginning on page 334. A
discount of 9.80% to the Offer Price (equivalent of 278 per Equity Share) may be offered to Eligible Employees bidding in the
Employee Reservation Portion in accordance with the SEBI ICDR Regulations. The Allotment in the Employee Reservation
Portion will be on a proportionate basis. Eligible Employees under the Employee Reservation Portion may Bid at Cut-off Price
provided that the Bid does not exceed %500,000.

However, Allotments to Eligible Employees in excess of % 200,000 (net of 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 Offer. Eligible Employees Bidding in the Employee
Reservation Portion may Bid at the Cut-off Price.

Bids under Employee Reservation Portion by Eligible Employees shall be:

(a) Made only in the prescribed Bid cum Application Form or Revision Form (i.e. Pink colour form).

(b) The Bidder should be an Eligible Employee as defined. In case of joint bids, the first Bidder shall be an Eligible
Employee.

(©) Only Eligible Employees would be eligible to apply in this Offer under the Employee Reservation Portion.

(d) Only those Bids, which are received at or above the Offer Price, net of Employee Discount, if any would be considered
for Allotment under this category.

(e) Eligible Employees can apply at Cut-off Price.

(6) If the aggregate demand in this category is less than or equal to 69,637 Equity Shares at or above the Offer Price, full
allocation shall be made to the Eligible Employees to the extent of their demand.

(g) Eligible Employees bidding in the Employee Reservation Portion shall not Bid through the UPI mechanism.

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