The liability prescribed under Section 447 of the Companies Act 2013 includes imprisonment for a term of not
less than six months extending up to 10 years (provided that where the fraud involves public interest, such term
shall not be less than three years) and fine of an amount not less than the amount involved in the fraud, extending
up to three times of such amount.

Consents

Consents in writing of each of the Selling Shareholders, our Directors, our Company Secretary and Compliance
Officer, the legal counsel, the bankers/ lenders to our Company, industry sources, independent chartered
accountants, the BRLMs and Registrar to the Offer, the Syndicate Members, Bankers to the Offer/Escrow Bank,
Public Offer Account Bank, Sponsor Bank and Refund Bank to act in their respective capacities, have been
obtained. Further, such consents shall not be withdrawn up to the time of delivery of this Prospectus for filing
with the RoC.

Our Company has received consent of our Statutory Auditors, who hold a valid peer review certificate, to include
their name as required under Section 26(5) of the Companies Act 2013 in this Prospectus, and as an “expert”, as
defined under Section 2(38) of the Companies Act 2013 in respect of the report of the Statutory Auditors on the
Restated Financial Information and Restated Consolidated Financial Information each dated October 29, 2021
and the statement of possible special tax benefits dated October 29, 2021 included in this Prospectus. The term
“experts” and consent thereof does not represent an expert or consent within the meaning under the U.S. Securities
Act.

Our Company has received written consent from an independent architect, namely, Anuradha Desikan, founder
architect of ADVA Architects & Consultants (membership no. CA/2005/35797) to include her name in this
Prospectus and as an “expert” as defined under Section 2(38) of the Companies Act, 2013, to the extent and in
their capacity as an architect, in relation to the certificates dated August 9, 2021 and September 9, 2021, along
with the addendum dated October 30, 2021, issued by them, certifying, among others, expenses which are to be
incurred by the Company towards purchase of fit-outs, information technology and utilities for the proposed stores
and such consent has not been withdrawn as on the date of this Prospectus. The term “experts” and consent thereof
does not represent an expert or consent within the meaning under the U.S. Securities Act.

Particulars regarding Public or Rights Issues during the Last Five Years

Other than as disclosed in “Capital Structure-Notes to the Capital Structure” on page 78, there have been no
public issues or rights issues undertaken by our Company during the five years preceding the date of this
Prospectus.

Commission or Brokerage on Previous Issues in the Last Five Years

Since this is the initial public offering of the Equity Shares, no sum has been paid or has been payable as
commission or brokerage for subscribing to or procuring or agreeing to procure public subscription for any of our
Equity Shares in the five years preceding the date of this Prospectus.

Capital Issues in the Preceding Three Years by our Company, our listed Group Company and associates
Except as disclosed in ‘Capital Structure’ on page 78, our Company has not made any capital issues during the
three years preceding the date of this Prospectus. Our Company does not have any subsidiaries or associates or
listed Group Company.

Performance vis-d-vis Objects — Public/ rights issue of our Company

Our Company has not undertaken any public issues, including any rights issues to the public in the five years
preceding the date of this Prospectus.

Performance vis-d-vis Objects — Last one public/ rights issue of subsidiaries/ listed promoters

Our Company does not have any subsidiary or listed promoters.

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