In terms of Regulation 22 of the SEBI ICDR Regulations, the Equity Shares held by our Promoter and
lock-in pursuant to Regulation 16 of the SEBI ICDR Regulations for a period of three years, may be
transferred amongst our Promoter and any member of the Promoter Group or a new promoter, subject to
continuation of lock-in applicable to the transferee for the remaining period and compliance with
provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011, as amended (the “Takeover Regulations”).

Further, in terms of Regulation 22 of the SEBI ICDR Regulations, the Equity Shares held by persons
other than our Promoter and locked-in pursuant to Regulation 17 of the SEBI ICDR Regulations for a
period of one year, may be transferred to any other person holding Equity Shares which are locked in
along with the Equity Shares proposed to be transferred, subject to the continuation of the lock in
applicable to the transferee and compliance with the provisions of the Takeover Regulations.

Shareholding of our Promoter and Promoter Group
Our Promoter holds 52.83% of the pre-Offer Equity Share capital of our Company. Except as stated

below, the members of our Promoter Group do not hold any Equity Shares in our Company as on date
of this Prospectus:

 

S. Name of the member of the Pre-Offer Post-Offer
No. Promoter Group Number of % of the Number of % of the
Equity Shares total Equity Shares total

held shareholding held shareholding
1. _S. Murali 2,126,260 10.57 2,126,260 10.06
2. Chithra Ravi 200 _ Negligible 200 Negligible
3. Ravi Gauthamram 200 Negligible 200 Negligible
4. R. Mirthula 200 Negligible 200 Negligible
Total 2,126,860 10.57 2,126,860 10.07

 

None of the Equity Shares held by the members of our Promoter Group is pledged or otherwise
encumbered.

None of the members of our Promoter Group, nor our Directors and their relatives has purchased or sold
Equity Shares, during the six months immediately preceding the date of this Prospectus.

There are no financing arrangements whereby the members of our Promoter Group, our Directors and
their relatives have financed the purchase of the Equity Shares by any other person other than in the
normal course of business of the financing entity, during the six months immediately preceding the date
of the Draft Red Herring Prospectus, the Red Herring Prospectus and this Prospectus.

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