(ii) upon (i), the Offered Shares will be Allotted, in proportion to the number of Equity Shares offered by
each Selling Shareholder, in a pro-rata manner; and

(iii) once Equity Shares have been Allotted as per (i) and (ii) above, such number of Equity Shares will be
Allotted by the Company towards the balance 10% of the Fresh Issue portion.

Further, in terms of Regulation 49(1) of the SEBI ICDR Regulations, our Company will ensure that the number
of Bidders to whom the Equity Shares will be Allotted will be not less than 1,000.

Each of the Selling Shareholders shall reimburse, in proportion to the portion of its respective Offered Shares, any
expenses and interest incurred by our Company on behalf of such Selling Shareholder for any delays in making
refunds as required under the Companies Act and any other applicable law. Provided that no Selling Shareholder
shall be responsible or liable for payment of any expenses or interest, unless such delay is solely and directly
attributable to an act or omission of such Selling Shareholder and any expenses and interest shall be paid to the
extent of its respective portion of the Offered Shares.

Arrangements for Disposal of Odd Lots

Since the Equity Shares will be treated in dematerialised form only, and the market lot for the Equity Shares will
be one Equity Share, there are no arrangements for disposal of odd lots.

New Financial Instruments

Our Company is not issuing any new financial instruments through this Offer.

Restrictions, if any on Transfer and Transmission of Equity Shares

Except for lock-in of pre-Offer equity shareholding, minimum Promoter’s contribution and Anchor Investor lock-
in in the Offer, as detailed in ‘Capital Structure’ on page 78 and as provided in our Articles as detailed in ‘Main

Provisions of the Articles of Association’ on page 390, there are no restrictions on transfers and transmission of
shares/debentures and on their consolidation/splitting.

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