Disclaimer in respect of Jurisdiction

The Offer was made in India to persons resident in India (who are competent to contract under the Indian Contract Act, 1872,
including Indian nationals resident in India, HUFs, companies, other corporate bodies and societies registered under the
applicable laws in India and authorised to invest in shares, domestic Mutual Funds, Indian financial institutions, commercial
banks, regional rural banks, co-operative banks (subject to RBI permission), or trusts under applicable trust law and who are
authorised under their constitution to hold and invest in equity shares, state industrial development corporations, insurance
companies registered with IRDAI, provident funds (subject to applicable law) and pension funds, National Investment Fund,
insurance funds set up and managed by army, navy or air force of Union of India, insurance funds set up and managed by the
Department of Posts, Gol, systemically important NBFCs registered with the RBI) and permitted Non-Residents including FPIs
and Eligible NRIs and AIFs that they are eligible under all applicable laws and regulations to purchase the Equity Shares. This
Prospectus does not constitute an offer to sell or an invitation to subscribe to Equity Shares offered hereby, in any jurisdiction
to any person to whom it is unlawful to make an offer or invitation in such jurisdiction. Any person into whose possession this
Prospectus comes is required to inform him or herself about, and to observe, any such restrictions. Any dispute arising out of
the Offer will be subject to the jurisdiction of appropriate court(s) in Mumbai only. The Red Herring Prospectus and this
Prospectus does not constitute an invitation to subscribe to or purchase the Equity Shares in the Offer in any jurisdiction,
including India. Invitations to subscribe to or purchase the Equity Shares in the Offer will be made only pursuant to this
Prospectus if the recipient is in India or the preliminary offering memorandum for the Offer, which comprises this Prospectus
and the preliminary international wrap for the Offer, if the recipient is outside India.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary
offering memorandum for the Offer, which contains the selling restrictions for the Offer outside India.

Eligibility and Transfer Restrictions

The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act or any
state securities laws of the United States and, unless so registered, may not be offered or sold within the United States,
except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S.
Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are being offered and sold (i)
within the United States only to persons believed to be “qualified institutional buyers” (as defined in Rule 144A under
the U.S. Securities Act), pursuant to Section 4(a) of the U.S. Securities Act, and (ii) outside the United States in offshore
transactions in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction
where those offers and sales are made.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside
India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance
with the applicable laws of such jurisdiction.

Until the expiry of 40 days after the commencement of the Offer, an offer or sale of Equity Shares within the United States by
a dealer (whether or not it is participating in the Offer) may violate the registration requirements of the U.S. Securities Act if
such an offer for sale is made otherwise than in compliance with the available exemptions from registration under the U.S.
Securities Act.

Disclaimer Clause of BSE

BSE Limited (“the Exchange”) has given vide its letter dated September 2, 2021 permission to this Company to use the
Exchange’s name in this offer document as one of the stock exchanges on which this company’s securities are proposed to be
listed. The Exchange has scrutinized this offer document for its limited internal purpose of deciding on the matter of granting
the aforesaid permission to this Company. The Exchange does not in any manner: -

a) warrant, certify or endorse the correctness or completeness of any of the contents of this offer document; or

b) warrant that this Company’s securities will be listed or will continue to be listed on the Exchange; or

c) take any responsibility for the financial or other soundness of this Company, its promoters, its management or any scheme
or project of this Company;

and it should not for any reason be deemed or construed that this offer document has been cleared or approved by the Exchange.
Every person who desires to apply for or otherwise acquires any securities of this Company may do so pursuant to independent
inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by reason of any loss which
may be suffered by such person consequent to or in connection with such subscription/acquisition whether by reason of anything
stated or omitted to be stated herein or for any other reason whatsoever.

Disclaimer Clause of NSE

As required, a copy of this Offer Document has been submitted to National Stock Exchange of India Limited (hereinafter
referred to as NSE). NSE has given vide its letter Ref.: NSE/LIST/1190 dated September 01, 2021 permission to the Issuer to
use the Exchange’s name in this Offer Document as one of the Stock Exchanges on which this Issuer’s securities are proposed
to be listed. The Exchange has scrutinized this draft offer document for its limited internal purpose of deciding on the matter of
granting the aforesaid permission to this Issuer. It is to be distinctly understood that the aforesaid permission given by NSE

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