OTHER REGULATORY AND STATUTORY DISCLOSURES

Authority for the Offer

Corporate Approvals
. Our Board has authorised the Offer by a resolution dated August 9, 2021.
. Our Shareholders have authorised the Fresh Issue, pursuant to a special resolution passed on August 9,

2021 under Section 62(1)(c) of the Companies Act 2013.

. The Board has, on August 12, 2021 approved the Draft Red Herring Prospectus for filing with SEBI and
the Stock Exchanges.

. The Board has, on November 9, 2021 approved the Red Herring Prospectus for filing with the RoC, SEBI
and the Stock Exchanges.

. The Board has, on November 23, 2021 approved this Prospectus for filing with the RoC, SEBI and the
Stock Exchanges.

Approvals from the Selling Shareholders

Each of the Selling Shareholders have, severally and not jointly, confirmed and authorised the transfer of its
respective proportion of the Offered Shares pursuant to the Offer for Sale, as set out below:

 

S.No. Name of the Selling Shareholder Date of Consent Letter Date of corporate
authorisation/ board
resolution

1. PKS Family Trust August 12, 2021 NA

2; VKS Family Trust August 12, 2021 NA

3. Sequoia Capital India Investments IV August 12, 2021 August 9, 2021

4, India Advantage Fund S41 August 12, 2021 June 29, 2021

5. Dynamic India Fund $4 US 1 August 12, 2021 July 23, 2021

 

Each of the Selling Shareholders, severally and not jointly, confirm that it is in compliance with Regulation 8 of
the SEBI ICDR Regulations and it has held its respective portion of the Offered Shares for a period of at least one
year prior to the date of filing of the Draft Red Herring Prospectus.

In-principle Listing Approvals

Our Company has received in-principle approvals from the BSE and NSE for the listing of our Equity Shares
pursuant to its letter dated August 26, 2021 and September 3, 2021, respectively.

Prohibition by the SEBI, the RBI or Governmental Authorities

Our Company, our Promoters, members of Promoter Group, our Directors or persons in control of our Promoters
or our Company and each of the Selling Shareholders are not prohibited from accessing the capital market or
debarred from buying, selling or dealing in securities under any order or direction passed by SEBI or any securities
market regulator in any other jurisdiction or any other authority/court.

Compliance with the Companies (Significant Beneficial Owners) Rules, 2018

Our Company, our Promoters, member of Promoter Group and each of the Selling Shareholders, severally and
not jointly, confirm that they are in compliance with the Companies (Significant Beneficial Owners) Rules, 2018,
as amended, to the extent applicable to them in respect of its respective holding in our Company, as on the date
of this Prospectus.

Directors associated with securities market
Except for Srinivasan Sridhar, who is associated with Evyavan Asset Management Ltd., investment manager for
AIF Evyavan Investment Trust, with SEBI registration number IN/AIF2/20-21/0816, none of our Directors are,

in any manner, associated with the securities market. Further, there are no outstanding actions initiated by SEBI
against any of our Directors, in the past five years.

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