The prescribed colour of the Bid cum Application Forms for various categories were as follows:

 

Category Colour of Bid cum
Application Form”

Resident Indians including resident QIBs, Non-Institutional Investors, Retail Individual White

Investors and Eligible NRIs applying on a non-repatriation basis”

Eligible NRIs, FVCls, FPIs and registered bilateral and multilateral institutions applying on Blue

a repatriation basis"

Anchor Investors”” White

 

* Excluding electronic Bid cum Application Forms

“*Bid cum Application Forms for Anchor Investors were made available at the office of the BRLMs.

* Electronic Bid cum Application forms were also made available for download on the websites of NSE (www.nseindia.com) and BSE
(www.bseindia.com).

In case of ASBA forms, the relevant Designated Intermediaries were required to capture and upload the relevant
bid details (including UPI ID in case of ASBA Forms under the UPI Mechanism) in the electronic bidding system
of the Stock Exchanges.

For RIIs Bidding using UPI Mechanism, the Stock Exchanges were required to share the Bid details (including
UPI ID) with the Sponsor Bank on a continuous basis through API integration to enable the Sponsor Bank to
initiate UPI Mandate Request to RIlIs, for blocking of funds. The Sponsor Bank was required to initiate request
for blocking of funds through NPCI to RIIs, who were required to accept the UPI Mandate Request for blocking
of funds on their respective mobile applications associated with UPI ID linked bank account. For all pending UPI
Mandate Requests, the Sponsor Bank was required to initiate requests for blocking of funds in the ASBA Accounts
of relevant Bidders with a confirmation cut-off time of 12:00 pm on the first Working Day after the Bid/Issue
Closing Date (“Cut-Off Time”).

Accordingly, RIIs Bidding using through the UPI Mechanism were required to accept UPI Mandate Requests for
blocking off funds prior to the Cut-Off Time and all pending UPI Mandate Requests at the Cut-Off Time have
lapsed. For ASBA Forms (other than RIIs Bidding using UPI Mechanism) Designated Intermediaries (other than
SCSBs) were required to submit/deliver the ASBA Forms to the respective SCSB where the Bidder has an ASBA.
bank account and were required not to submit it to any non-SCSB bank or any Escrow Collection Bank.

Participation by associates and affiliates of the BRLM and the Syndicate Member, Promoter, Promoter
Group and persons related to Promoter/Promoter Group

The BRLMs and the Syndicate Member are not be allowed to purchase the Equity Shares in any manner, except
towards fulfilling their underwriting obligations. However, the respective associates and affiliates of the BRLMs
and the Syndicate Member could purchase Equity Shares in the Offer, either in the QIB Category or in the Non-
Institutional Category as may be applicable to such Bidders, where the allocation is on a proportionate basis and
such subscription may be on their own account or on behalf of their clients. All categories of investors, including
respective associates or affiliates of the BRLMs and Syndicate Member, were required to be treated equally for
the purpose of allocation to be made on a proportionate basis.

Neither (i) the BRLMs or any associates of the BRLMs (except Mutual Funds sponsored by entities which are
associates of the BRLMs or insurance companies promoted by entities which are associate of BRLMs or AIFs
sponsored by the entities which are associate of the BRLMs or FPIs, FPIs other than individuals, corporate bodies
and family offices sponsored by the entities which are associates of the BRLMs) nor; (ii) any “person related to
the Promoter/ Promoter Group” were permitted to apply in the Offer under the Anchor Investor Portion.

For the purposes of this section, a QIB who has any of the following rights weas deemed to be a “person related
to the Promoter”: (a) rights under a shareholders’ agreement or voting agreement entered into with the Promoter;
(b) veto rights; or (c) right to appoint any nominee director on our Board.

Further, an Anchor Investor was deemed to be an associate of the BRLMs, if: (a) either of them controls, directly
or indirectly through its subsidiary or holding company, not less than 15% of the voting rights in the other; or (b)
either of them, directly or indirectly, by itself or in combination with other persons, exercises control over the
other; or (c) there is a common director, excluding a nominee director, amongst the Anchor Investor and the
BRLMs.

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