request for blocking of funds through NPCI to Retail Individual Bidders, who would accept the UPI Mandate
Request for blocking of funds on their respective mobile applications associated with UPI ID linked bank
account. The NPCI was required to maintain an audit trail for every bid entered in the Stock Exchanges bidding
platform, and the liability to compensate Retail Individual Bidders (using the UPI Mechanism) in case of failed
transactions shall be with the concerned entity (i.e. the Sponsor Bank, NPCI or the bankers to an issue) at whose
end the lifecycle of the transaction has come to a halt. The NPCI was required to share the audit trail of all
disputed transactions/ investor complaints to the Sponsor Bank and the Banker to the Offer. The BRLMs were
also be required to obtain the audit trail from the Sponsor Bank and the Banker to the Offer for analyzing the
same and fixing liability. For ensuring timely information to investors, SCSBs were required to send SMS alerts.
as specified in the March 16 Circular, as amended pursuant to SEBI circular no.
SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 2, 2021.

Electronic registration of Bids

a) The Designated Intermediary could register the Bids using the on-line facilities of the Stock
Exchanges. The Designated Intermediaries could also set up facilities for off-line electronic registration
of Bids, subject to the condition that they could subsequently upload the off-line data file into the on-
line facilities for Book Building on a regular basis before the closure of the Offer.

b) On the Bid/Offer Closing Date, the Designated Intermediaries could upload the Bids till such time as
may be permitted by the Stock Exchanges and as disclosed in this Prospectus.

c) Only Bids that are uploaded on the Stock Exchanges Platform are considered for allocation/Allotment.
The Designated Intermediaries are given till 1:00 pm on the next Working Day following the Bid/Offer
Closing Date to modify select fields uploaded in the Stock Exchange Platform during the Bid/Offer
Period after which the Stock Exchange(s) send the bid information to the Registrar to the Offer for
further processing.

Participation by our Promoters, the Promoter Group, the BRLMs, the Syndicate Members, associates,
and affiliates of the BRLMs and the Syndicate Members

The BRLMs and the Syndicate Members are not allowed to subscribe to or purchase the Equity Shares in the
Offer in any manner, except towards fulfilling their underwriting obligations. However, the associates and
affiliates of the BRLMs and the Syndicate Members could Bid for Equity Shares in the Offer, either in the QIB
Portion or in the Non-Institutional Portion as was applicable to such Bidders, where the allocation is on a
proportionate basis and such subscription or purchase could be on their own account or on behalf of their
clients. All categories of investors, including associates or affiliates of the BRLMs and Syndicate Members,
shall be treated equally for the purpose of allocation to be made on a proportionate basis.

Neither the BRLMs or any associates of the BRLMs (except Mutual Funds sponsored by entities which are
associates of the BRLMs or insurance companies promoted by entities which are associate of BRLMs or AIFs
sponsored by the entities which are associate of the BRLMs or FPIs other than individuals, corporate bodies and
family offices sponsored by the entities which are associates of the BRLMs) could apply in the Offer under the
Anchor Investor Portion.

Further, except for the sale of Equity Shares by Mr. Ravi B. Goyal in the Offer, the Promoters and members of
the Promoter Group could not participate by applying for Equity Shares in the Offer. Further, persons related to
our Promoters and Promoter Group could not apply in the Offer under the Anchor Investor Portion.

Further, an Anchor Investor was deemed to be an associate of the BRLMs, if: (a) either of them controls,
directly or indirectly through its subsidiary or holding company, not less than 15% of the voting rights in the
other; or (b) either of them, directly or indirectly, by itself or in combination with other persons, exercises
control over the other; or (c) there is a common director, excluding a nominee director, amongst the Anchor
Investor and the BRLMs.

Bids by Mutual Funds

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