THE FILING OF THE DRAFT RED HERRING PROSPECTUS DOES NOT, HOWEVER, ABSOLVE
THE COMPANY FROM ANY LIABILITIES UNDER THE COMPANIES ACT, 2013, OR FROM THE
REQUIREMENT OF OBTAINING SUCH STATUTORY OR OTHER CLEARANCES AS MAY BE
REQUIRED FOR THE PURPOSE OF THE PROPOSED OFFER. SEBI FURTHER RESERVES THE
RIGHT TO TAKE UP, AT ANY POINT OF TIME, WITH THE BRLMS ANY IRREGULARITIES OR
LAPSES IN THE DRAFT RED HERRING PROSPECTUS.

All legal requirements pertaining to the Offer have been complied with at the time of filing of the Red Herring
Prospectus with the RoC in terms of Section 32 of the Companies Act, 2013. All legal requirements pertaining
to the Offer will be complied with at the time of filing of this Prospectus with the RoC in terms of Sections 26,
32, 33(1) and 33(2) of the Companies Act, 2013.

Caution - Disclaimer from our Company, our Directors and the BRLMs

Our Company, our Directors and the BRLMs accept no responsibility for statements made otherwise than in this
Prospectus or in the advertisements or any other material issued by or at our Company’s instance. Anyone
placing reliance on any other source of information, including our Company’s website, www.agsindia.com or
any website of any affiliates of our Company would be doing so at his or her own risk.

The BRLMs accept no responsibility, save to the limited extent as provided in the Offer Agreement and the
Underwriting Agreement.

All information, to the extent required in relation to the Offer, shall be made available by our Company, the
Selling Shareholders and the BRLMs to the public and investors at large and no selective or additional
information would be made available by our Company, the Selling Shareholders and the BRLMs for a section of
the investors in any manner whatsoever including at road show presentations, in research or sales reports, at
Bidding Centers or elsewhere.

Bidders were required to confirm and have been deemed to have represented to our Company, the Underwriters
and their respective directors, officers, agents, affiliates and representatives that they are eligible under all
applicable laws, rules, regulations, guidelines and approvals to acquire the Equity Shares and will not issue, sell,
pledge or transfer the Equity Shares to any person who is not eligible under any applicable laws, rules,
regulations, guidelines and approvals to acquire the Equity Shares. Our Company, the Underwriters and their
respective directors, officers, agents, affiliates and representatives accept no responsibility or liability for
advising any investor on whether such investor is eligible to acquire the Equity Shares.

The BRLMs and their respective associates and affiliates in their capacity as principals or agents may engage in
transactions with, and perform services for, our Company, the Selling Shareholders, our Promoters, members of
our Promoter Group and our Group Companies, and their respective directors and officers, affiliates, associates
or third parties in the ordinary course of business and have engaged, or may in the future engage, in commercial
banking and investment banking transactions with our Company, the Selling Shareholders, our Promoters,
members of our Promoter Group and our Group Companies, and their respective directors and officers,
affiliates, associates or third parties, for which they have received, and may in the future receive, compensation.

Disclaimer from the Selling Shareholders

The Selling Shareholders accept no responsibility for statements made otherwise than in this Prospectus or in
the advertisements or any other material issued by or at our Company’s instance and anyone placing reliance on
any other source of information, including our Company’s website https://www.agsindia.com, or the respective
websites of any affiliate of our Company or the Selling Shareholders would be doing so at his or her own risk.
Each Selling Shareholder, its directors, affiliates, associates, and officers accept no responsibility for any
statements made in this Prospectus other than those specifically made or confirmed by such Selling Shareholder
in relation to itself as a Selling Shareholder or its Offered Shares.

Bidders will be required to confirm and will be deemed to have represented to each Selling Shareholder and its
respective directors, officers, agents, affiliates, and representatives that they are eligible under all applicable
laws, rules, regulations, guidelines and approvals to acquire the Equity Shares and will not sell, pledge, or
transfer the Equity Shares to any person who is not eligible under any applicable laws, rules, regulations,
guidelines and approvals to acquire the Equity Shares. The Selling Shareholders and its respective directors,

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