Disclaimer in respect of Jurisdiction

This Offer was made in India to persons resident in India (including Indian nationals resident in India who are
competent to contract under the Indian Contract Act, 1872, as amended, HUFs, companies, corporate bodies and
societies registered under the applicable laws in India and authorised to invest in shares, domestic Mutual Funds
registered with SEBI, Indian financial institutions, commercial banks, regional rural banks, co-operative banks
(subject to permission from RBJ), systemically important NBFCs or trusts under applicable trust law and who are
authorised under their respective constitutions to hold and invest in shares, public financial institutions as specified
in Section 2(72) of the Companies Act, 2013, multilateral and bilateral development financial institutions, state
industrial development corporations, insurance companies registered with IRDAI, provident funds (subject to
applicable law) and pension funds, National Investment Fund, insurance funds set up and managed by army, navy
or air force of Union of India, insurance funds set up and managed by the Department of Posts, Gol, NBFC-SIs
and permitted Non-Residents including FPIs and Eligible NRIs, AIFs, and other eligible foreign investors, if any,
provided that they are eligible under all applicable laws and regulations to purchase the Equity Shares.

The Red Herring Prospectus and this Prospectus does not, however, constitute an offer to sell or an invitation to
subscribe to Equity Shares offered hereby, in any jurisdiction to any person to whom it is unlawful to make an
offer or invitation in such jurisdiction. Any person into whose possession the Red Herring Prospectus or this
Prospectus comes is required to inform himself or herself about, and to observe, any such restrictions.

Any dispute arising out of this Offer will be subject to the jurisdiction of appropriate court(s) in Chennai, India
only.

No action has been, or will be taken to permit a public offering in any jurisdiction where action would be required
for that purpose. Accordingly, the Equity Shares represented hereby may not be offered or sold, directly or
indirectly, and the Red Herring Prospectus and this Prospectus may not be distributed, in any jurisdiction, except
in accordance with the legal requirements applicable in such jurisdiction. Neither the delivery of the Red Herring
Prospectus and this Prospectus, nor any offer or sale hereunder, shall, under any circumstances, create any
implication that there has been no change in our affairs or in the affairs of any of the Selling Shareholders from
the date hereof or that the information contained herein is correct as of any time subsequent to this date.

Bidders are advised to ensure that any Bid from them does not exceed the investment limits or maximum number
of Equity Shares that can be held by them under applicable law.

Eligibility and Transfer Restrictions

The Equity Shares have not been and will not be registered under the U.S. Securities Act or any state securities
laws in the United States, and, unless so registered, may not be offered or sold within the United States, except
pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S.
Securities Act and applicable state securities laws in the United States. Accordingly, the Equity Shares are being
offered and sold (a) in the United States only to “qualified institutional buyers” (as defined in Rule 144A and
referred to in the Red Herring Prospectus and this Prospectus as “U.S. QIBs”; for the avoidance of doubt, the term
U.S. QIBs does not refer to a category of institutional investor defined under applicable Indian regulations and
referred to in the Red Herring Prospectus and this Prospectus as “QIBs”), pursuant to Rule 144A or another
available exemption from, or in a transaction not subject to or another available exemption from the registration
requirements of the U.S. Securities Act, and (b) outside the United States in offshore transactions in compliance
with Regulation S and the applicable laws of the jurisdiction where those offers and sales occur. Prospective
purchasers are hereby notified that sellers of the Equity Shares may be relying on the exemption from the
provisions of Section 5 of the U.S. Securities Act provided by Rule 144A thereunder.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction
outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except
in compliance with the applicable laws of such jurisdiction.

Until the expiry of 40 days after the commencement of the Offer, an offer or sale of the Equity Shares within the
United States by a dealer (whether or not it is participating in the Offer) may violate the registration requirements
of the U.S. Securities Act unless made pursuant to Rule 144A or another available exemption from or in a
transaction not subject to, the registration requirements of the U.S. Securities Act and in accordance with
applicable state securities laws in the United States.

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