permission to the Issuer to use the Exchange’s name in this Offer Document as one of the Stock Exchanges on
which this Issuer’s securities are proposed to be listed. The Exchange has scrutinized this draft offer document
for its limited internal purpose of deciding on the matter of granting the aforesaid permission to this Issuer. It is
to be distinctly understood that the aforesaid permission given by NSE should not in any way be deemed or
construed that the offer document has been cleared or approved by NSE; nor does it in any manner warrant, certify
or endorse the correctness or completeness of any of the contents of this offer document; nor does it warrant that
this Issuer’s securities will be listed or will continue to be listed on the Exchange; nor does it take any
responsibility for the financial or other soundness of this Issuer, its promoters, its management or any scheme or
project of this Issuer.

Every person who desires to apply for or otherwise acquire any securities of this Issuer may do so pursuant to
independent inquiry, investigation and analysis and shall not have any claim against the Exchange whatsoever by
reason of any loss which may be suffered by such person consequent to or in connection with such subscription
/acquisition whether by reason of anything stated or omitted to be stated herein or any other reason whatsoever.”

Listing

The Equity Shares issued through the Red Herring Prospectus and this Prospectus are proposed to be listed on the
BSE and NSE. Applications have been made to the Stock Exchanges for obtaining permission to deal in and for
an official quotation of the Equity Shares being issued and sold in the Offer and NSE is the Designated Stock
Exchange, with which the Basis of Allotment will be finalised.

If the permission to deal in and for an official quotation of the Equity Shares is not granted by the Stock Exchanges,
our Company shall forthwith repay, without interest, all monies received from the applicants in pursuance of the
Red Herring Prospectus and this Prospectus in accordance with applicable law. Each of the Selling Shareholder,
severally and not jointly, confirms that it shall extend reasonable support, documentation and co-operation, as
required or requested by our Company and/or the BRLMs in relation to its respective Offered Shares for the
completion of listing of the Equity Shares at the Stock Exchanges.

Our Company shall ensure that all steps for the completion of the necessary formalities for listing and
commencement of trading of Equity Shares at the Stock Exchanges are taken within six Working Days of the
Bid/Offer Closing Date or such other period as may be prescribed by the SEBI.

If our Company does not allot Equity Shares pursuant to the Offer within six Working Days from the Bid/Offer
Closing Date or within such timeline as prescribed by the SEBI, it shall repay without interest all monies received
from Bidders, failing which interest shall be due to be paid to the Bidders at the rate of 15% per annum for the
delayed period. Any expense incurred by our Company on behalf of any of the Selling Shareholders with regard
to interest on such refunds will be reimbursed by such Selling Shareholder in proportion to its respective portion
the Offered Shares. However, each of the Selling Shareholders shall not be liable to pay and / or reimburse any
expenses towards refund or any interest thereon in respect to Allotment of its respective proportion of the Offered
Shares or otherwise, unless the failure or default or delay, as the case may be, is solely on account of any act by
such Selling Shareholder and such liability shall be limited to the extent of its respective Offered Shares.

Impersonation

Attention of the Bidders is specifically drawn to the provisions of sub-section (1) of Section 38 of the Companies
Act 2013, which is reproduced below:

“Any person who —

(a) makes or abets making of an application in a fictitious name to a company for acquiring, or subscribing
for, its securities, or

(b) makes or abets making of multiple applications to a company in different names or in different
combinations of his name or surname for acquiring or subscribing for its securities; or

© otherwise induces directly or indirectly a company to allot, or register any transfer of, securities to him,
or to any other person in a fictitious name,

shall be liable for action under section 447.”

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