(h) Under-subscription, if any, in the Employee Reservation Portion will be added back to the Net Offer.

@ Bids by Eligible Employees in the Employee Reservation Portion and in the Net Offer portion shall not be treated as
multiple Bids. Our Company reserves the right to reject, in its absolute discretion, all or any multiple Bids in any or
all categories.

In case of under-subscription in the Net Offer, spill over to the extent of under-subscription shall be permitted from the
Employee Reservation Portion. If the aggregate demand in this category is greater than 69,637 Equity Shares at or above the
Offer Price, the allocation shall be made on a proportionate basis.

Please note that any individuals who are directors, employees or promoters of (a) the BRLMs, Registrar to the Offer, or the
Syndicate Members, or of the (b) ‘associate companies’ (as defined in the Companies Act, 2013, as amended) and ‘group
companies’ of such BRLMs, Registrar to the Offer or Syndicate Members are not eligible to bid in the Employee Reservation
Portion.

Bids by limited liability partnerships

In case of Bids made by limited liability partnerships registered under the Limited Liability Partnership Act, 2008, a certified
copy of certificate of registration issued under the Limited Liability Partnership Act, 2008, must be attached to the Bid cum
Application Form. Failing this, our Company and the Investor Selling Shareholder in consultation with the BRLMs reserves
the right to reject any Bid without assigning any reason thereof.

Bids by banking companies

In case of Bids made by banking companies registered with RBI, certified copies of: (i) the certificate of registration issued by
RBI, and (ii) the approval of such banking company’s investment committee are required to be attached to the Bid cum
Application Form, failing which our Company in consultation with the BRLMs reserve the right to reject any Bid without
assigning any reason.

The investment limit for banking companies in non-financial services companies as per the Banking Regulation Act, 1949 (the
“Banking Regulation Act”), and Master Direction ~ Reserve Bank of India (Financial Services provided by Banks) Directions,
2016 is 10% of the paid-up share capital of the investee company or 10% of the bank’s own paid-up share capital and reserves,
as per the last audited balance sheet or a subsequent balance sheet, whichever is less. Further, the aggregate investment in
subsidiaries and other entities engaged in financial and non-financial services company cannot exceed 20% of the bank’s paid-
up share capital and reserves. A banking company would be permitted to invest in excess of 10% but not exceeding 30% of the
paid-up share capital of such investee company if: (a) the investee company is engaged in non-financial activities in which
banking companies are permitted to engage under the Banking Regulation Act or the additional acquisition is through
restructuring of debt/corporate debt restructuring/strategic debt restructuring, or to protect the bank’s interest on
loans/investments made to a company, provided that the bank is required to submit a time-bound action plan for disposal of
such shares (in this sub-clause (b)) within a specified period to the RBI. A banking company would require a prior approval of
the RBI to make investment in excess of 30% of the paid-up share capital of the investee company, investment in a subsidiary
and a financial services company that is not a subsidiary (with certain exceptions prescribed), and investment in a non-financial
services company in excess of 10% of such investee company’s paid-up share capital as stated in the Reserve Bank of India
(Financial Services provided by Banks) Directions, 2016, as amended.

Bids by SCSBs

SCSBs participating in the Offer are required to comply with the terms of the SEBI circulars (Nos. CIR/CFD/DIL/12/2012 and
CIR/CFD/DIL/1/2013) dated September 13, 2012 and January 2, 2013. Such SCSBs are required to ensure that for making
applications on their own account using ASBA, they should have a separate account in their own name with any other SEBI
registered SCSBs. Further, such account shall be used solely for the purpose of making application in public issues and clear
demarcated funds should be available in such account for such applications.

Bids by insurance companies
In case of Bids made by insurance companies registered with the IRDAI, a certified copy of certificate of registration issued by
IRDAI must be attached to the Bid cum Application Form. Failing this, our Company and the Investor Selling Shareholder in

consultation with the BRLMs reserve the right to reject any Bid without assigning any reason thereof.

The exposure norms for insurers, prescribed under the Insurance Regulatory and Development Authority (Investment)
Regulations, 2016 as amended are broadly set forth below:

(a) equity shares of a company: the lower of 10%" of the outstanding equity shares (face value) or 10% of the respective
fund in case of life insurer or 10% of investment assets in case of general insurer or reinsurer;

(b) the entire group of the investee company: not more than 15% of the respective fund in case of a life insurer or 15% of

investment assets in case of a general insurer or reinsurer or 15% of the investment assets in all companies belonging
to the group, whichever is lower; and

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