Bids by Systemically Important NBFCs

In case of Bids made by Systemically Important NBFCs registered with RBI, certified copies of: (i) the certificate
of registration issued by RBI, (ii) certified copy of its last audited financial statements on a standalone basis and
a net worth certificate from its statutory auditor, and (iii) such other approval as may be required by the
Systemically Important NBFCs, were required to be attached to the Bid cum Application Form. Failing this, our
Company and the Investor Selling Shareholders, in consultation with the BRLMs, reserved the right to reject any
Bid without assigning any reason. Systemically Important NBFCs participating in the Offer were required to
comply with all applicable regulations, guidelines and circulars issued by RBI from time to time.

The investment limit for Systemically Important NBFCs shall be as prescribed by RBI from time to time.
Bids by SCSBs

SCSBs participating in the Offer were required to comply with the terms of the circulars dated September 13,
2012 and January 2, 2013 issued by SEBI. Such SCSBs were required to ensure that for making applications on
their own account using ASBA, they should have a separate account in their own name with any other SEBI
registered SCSBs. Further, such account was required to used solely for the purpose of making application in
public issues and clear demarcated funds were required to be made available in such account for such Bids.

Bids by insurance companies

In case of Bids made by insurance companies registered with the IRDA, a certified copy of certificate of
registration issued by IRDA was required to be attached to the Bid cum Application Form. Failing this, our
Company and the Investor Selling Shareholders reserved the right to reject any Bid without assigning any reason
thereof.

The exposure norms for insurers are prescribed under the Insurance Regulatory and Development Authority
(Investment) Regulations, 2016 (the “IRDA Investment Regulations”), based on investments in the equity shares
of a company, the entire group of the investee company and the industry sector in which the investee company
operates. Bidders are advised to refer to the IRDA Investment Regulations for specific investment limits
applicable to them and shall comply with all applicable regulations, guidelines and circulars issued by IRDAI
from time to time.

Bids under Power of Attorney

In case of Bids made pursuant to a power of attorney or by limited companies, corporate bodies, registered
societies, eligible FPIs, Mutual Funds, insurance companies, insurance funds set up by the army, navy or air force
of the India, insurance funds set up by the Department of Posts, India, Systemically Important NBFC or the
National Investment Fund and provident funds with a minimum corpus of = 250 million (subject to applicable
laws) and pension funds with a minimum corpus of % 250 million, a certified copy of the power of attorney or the
relevant resolution or authority, as the case may be, along with a certified copy of the memorandum of association
and articles of association and/or bye laws were required to be lodged along with the Bid cum Application Form.
Failing this, our Company and the Investor Selling Shareholders reserved the right to accept or reject any Bid in
whole or in part, in either case, without assigning any reason thereof.

Our Company and the Investor Selling Shareholders, in consultation with the BRLMs, in their absolute discretion,
reserve the right to relax the above condition of simultaneous lodging of the power of attorney along with the Bid
cum Application Form, subject to such terms and conditions that our Company and the Investor Selling
Shareholders, in consultation with BRLMs, may deem fit.

Bids by Anchor Investors
a. In accordance with the SEBI ICDR Regulations, in addition to details and conditions mentioned in this
section the key terms for participation by Anchor Investors are provided below. Anchor Investor

Application Forms were made available for the Anchor Investor Portion at the offices of the BRLMs.

b. The Bid was to be made for a minimum of such number of Equity Shares so that the Bid Amount exceeded
= 100.00 million. A Bid could not be submitted for over 60% of the QIB Category. In case of a Mutual

357
