Except for the lock-in of the pre-Issue capital of our Bank, lock-in of the Promoters’ contribution and the Anchor Investor lock-
in as provided in “Capital Structure” beginning on page 73 and except as provided under the Banking Regulation Act and the
rules and regulations made thereunder and the Articles of Association, there are no restrictions on transfer of the Equity Shares.
Further, there are no restrictions on transmission of the Equity Shares of our Bank and on their consolidation or splitting, except
as provided in the Articles of Association. For details, see “Main Provisions of Articles of Association” beginning on page 394.

In accordance with Section 12B of the Banking Regulation Act read with Reserve Bank of India (Prior approval for acquisition
of shares or voting rights in private sector banks) Directions, 2015, no person (along with his relatives, associate enterprises or
persons acting in concert with such person) can acquire or hold 5% or more of the total paid-up share capital of our Bank, or be
entitled to exercise 5% or more of the total voting rights of our Bank, without prior approval of the RBI. For further details, see
“Key Regulations and Policies” and “Issue Procedure” on pages 172 and 377, respectively.

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