OFFER PROCEDURE

All Bidders should read the General Information Document for Investing in Public Issues prepared and issued in
accordance with the SEBI circular no. SEBI/HO/CFD/DIL1/CIR/P/2020/37 dated March 17, 2020 and the SEBI
UPI Circulars (the “General Information Document”) which highlights the key rules, processes and procedures
applicable to public issues in general in accordance with the provisions of the Companies Act 2013, the SCRA,
the SCRR and the SEBI ICDR Regulations which is part of the Abridged Prospectus accompanying the Bid cum
Application Form. The General Information Document is available on the websites of the Stock Exchanges and
the BRLMs. Please refer to the relevant provisions of the General Information Document which are applicable to
the Offer.

Additionally, all Bidders may refer to the General Information Document for information in relation to (i)
category of investors eligible to participate in the Offer; (ii) maximum and minimum Bid size; (iii) price discovery
and allocation; (iv) payment instructions for ASBA Bidders; (v) issuance of CAN and Allotment in the Offer; (vi)
general instructions (limited to instructions for completing the Bid cum Application Form); (vii) designated date;
(viii) disposal of applications; (ix) submission of Bid cum Application Form; (x) other instructions (limited to
joint bids in cases of individual, multiple bids and instances when an application would be rejected on technical
grounds); (xi) applicable provisions of Companies Act, 2013 relating to punishment for fictitious applications;
(xii) mode of making refunds; and (xiii) interest in case of delay in Allotment or refund.

SEBI, through its circular no. SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018, and as modified
though its circular no. SEBI/HO/CFD/DIL2/CIR/P/2019/50 dated April 3, 2019, has introduced an alternate
payment mechanism using UPI and consequent reduction in timelines for listing in a phased manner. From
January 1, 2019, the UPI Mechanism for Rs applying through Designated Intermediaries have been made
effective along with the existing process and existing timeline of T+6 days. The same was effective till June 30,
2019 (“UPI Phase I”).

With effect from July 1, 2019, SEBI vide its circular no. SEBI/HO/CF D/DIL2/CIR/P/2019/76 dated June 28, 2019,
read with circular bearing number SEBI/HO/CFD/DIL2/CIR/P/2019/85 dated July 26, 2019 with respect to Bids
by RIIs through Designated Intermediaries (other than SCSBs), the existing process of physical movement of
forms from such Designated Intermediaries to SCSBs for blocking of funds has been discontinued and only the
UPI Mechanism for such Bids with existing timeline of T+6 days will continue for a period of three months or
launch of five main board public issues, whichever is later (“UPI Phase II”). Subsequently, SEBI, vide its circular
no. SEBI/HO/CFD/DCR2/CIR/P/2019/133 dated November 8, 2019 extended the timeline for implementation of
UPI Phase II till March 31, 2020. However, given the prevailing uncertainty due to the COVID-19 pandemic,
SEBI vide its circular no. SEBI/HO/CFD/DIL2/CIR/P/2020/50 dated March 30, 2020, has decided to continue
with the UPI Phase I! till further notice. The final reduced timeline of T+3 days will be made effective using the
UPI Mechanism for applications by RIIs (“UPI Phase III”), as may be prescribed by SEBI. Accordingly, the
Offer is being undertaken pursuant to the processes and procedures under UPI Phase II, subject to any circulars,
clarification or notification issued by SEBI from time to time.

The BRLMs shall be the nodal entity for any issues arising out of public issuance process.

In terms of Regulation 23(5) and Regulation 271 of SEBI ICDR Regulations, the timelines and processes
mentioned in SEBI circular no. SEBI/HO/CFD/DCR2/CIR/P/2019/133 dated November 8, 2019 shall continue to
form part of the agreements being signed between the intermediaries involved in the public issuance process and
lead managers shall continue to coordinate with intermediaries involved in the said process.

Our Company, the Selling Shareholders and the Syndicate do not accept any responsibility for the completeness
and accuracy of the information stated in this section and the General Information Document section and are not
liable for any amendment, modification or change in the applicable law which may occur after the date of this
Prospectus. Bidders are advised to make their independent investigations and ensure that their Bids are submitted
in accordance with applicable laws and do not exceed the investment limits or maximum number of Equity Shares
that can be held by them under applicable law or as specified in the Red Herring Prospectus and this Prospectus.

Further, our Company, the Selling Shareholders and the members of the Syndicate do not accept any

responsibility for any adverse occurrences consequent to the implementation of the UPI Mechanism for
application in the Offer.

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