The payment of selling commission payable to the sub-brokers / agents of Sub-Syndicate Members are to be handled directly by the respective
Sub Syndicate Member.

The selling commission payable to the RTAs and CDPs will be determined on the basis of the bidding terminal id as captured in the bid book of
BSE or NSE.

Uploading Charges/ Processing Charges of 230/- valid application (plus applicable taxes) are applicable only in case of bid uploaded by the
members of the Syndicate, RTAs and CDPs for applications made by Retail Individual Investors using the UPI Mechanism

Uploading Charges/ Processing Charges of %10/- valid application (plus applicable taxes) are applicable only in case of bid uploaded by the
members of the Syndicate, RTAs and CDPs for applications made by Retail Individual Bidders using 3-in-1 type accounts, for Non-Institutional
Bidders using Syndicate ASBA mechanism / using 3-in -1 type accounts,

The Bidding/uploading charges payable to the Syndicate / Sub-Syndicate Members, RTAs and CDPs will be determined on the basis of the
bidding terminal id as captured in the bid book of BSE or NSE.

For Registered Brokers

Selling commission payable to the registered brokers on the portion for Retail Individual Bidders & Non-Institutional Bidders which are
directly procured by the Registered Brokers and submitted to SCSBs for processing would be as follows:

 

 

Portion for Retail Individual Bidders 210/- per valid application* (plus applicable taxes)
& Non-Institutional Bidders

 

 

*Based on valid applications.
© For Sponsor Bank

Processing fees for applications made by Retail Individual Bidders using the UPI Mechanism will be

Sponsor Bank 2I7- per valid bid cum application form* for the first 400,000 application forms (plus
applicable taxes)

2/- per valid bid cum application form* for the next 200,000 application forms (plus
applicable taxes)

3/- per valid bid cum application form* for all application forms post 600,000 (plus
applicable taxes)

 

 

 

 

 

* For each valid application.

The Sponsor Bank shall be responsible for making payments to the third parties such as remitter bank, NPCI and such other parties as required
in connection with the performance of its duties under the SEBI circulars, the Syndicate Agreement and other applicable laws

The processing fees for applications made by Retail Individual Bidders using the UPI Mechanism may be released
to the SCSBs only after such banks provide a written confirmation on compliance with SEBI Circular No:
SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 02, 2021 read with SEBI Circular No:
SEBI/HO/CFD/DIL2/CIR/P/2021/2480/1/M dated March 16, 2021.

Monitoring of Utilization of Funds

Since the Offer is through an offer for sale, our Company is not required to appoint a monitoring agency in
connection with the Offer.

Other Confirmations

None of our Promoters, Directors, KMPs, Promoter Group or Group Companies will receive any portion of the
Offer Proceeds and there are no material existing or anticipated transactions in relation to utilization of the Offer
Proceeds with our Promoter, Directors, KMPs or Promoter Group. However, one of our Promoters, Mr. Ravi B.
Goyal, and certain of our KMPs, namely, Mr. V.C. Gupte and Mr. Shailesh Shetty, will receive the Offer
Proceeds net of their share of the Offer expenses pursuant to the sale of the Equity Shares being offered by them
through the Offer. For further details, see “ — Use of Proceeds by Mr. Ravi B. Goyal”, “Our Management” and
“Our Promoter and Promoter Group”, on pages 104, 193 and 210, respectively.

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