 

 

 

 

 

 

 

 

 

 

 

 

 

 

lxiv) “RBI” or “Reserve Bank of India” shall mean the Reserve Bank of India established under | “RBI”
RBI Act;
Ixv) “RBI Act” shall mean the Reserve Bank of India Act, 1934, including any statutory | “RBI Act”
modification or re- enactment thereof;
Ixvi) “RBI Approval” shall mean the in-principle approval dated October 7, 2015 issued to the | “RBI Approval”
Company by the RBI, including any supplements or further approvals (including the final
approval) issued by the RBI, in relation to the Company carrying on the Business;
Ixvii) “Recognized Stock Exchange” shall refer to the BSE Limited and the National Stock |“Recognized Stock
Exchange of India Limited; Exchange”
Ixviii) “Related Party” shall have the meaning ascribed to it in the Act; “Related Party”
Ixix) “Relative” shall have the meaning ascribed to it in the Act; “Relative”
Ixx) “Relevant Capacity” shall mean for its, his or her own account or as principal, partner, | “Relevant
agent, employee, officer, director, consultant, or shareholder or equity owner of any other | Capacity”
Person or in any other manner and whether through the medium of any company, directly
or indirectly, Controlled by it, him or her;
Ixxi) “Relevant Party” shall mean all Shareholders other than IFC; “Relevant Party”
Ixxii) “Securities” shall mean Equity Shares and any preferred shares, bonds, debentures, loans, | “Securities”
warrants, options or other similar instruments or securities which are convertible into or
exercisable or exchangeable for, or which carry a right to subscribe for or purchase, Equity
Shares of the Company or any instrument or certificate representing a beneficial ownership
interest in the Equity Shares of the Company, including global depositary receipts or
American depositary receipts;
Ixxiii) “Shareholders” shall mean and include the shareholders of the Company not limited to the | “Shareholders”
Promoters, the Persons holding Promoter Securities as joint owners with the Promoters, the
Investors and any other Person who has become the holder of Securities and who has agreed
to be bound by the terms and conditions of these Articles;
Ixxiv) “Subscriber Deed of Adherence” shall be the deed of adherence in the form agreed| “Subscriber Deed of
amongst the Company, the Promoters and the Investors in the Agreement; Adherence”
Ixxv) “Third Party” shall mean any Person other than the Company, Promoters, and the | “Third Party”
Investors;
Ixxvi) “Transfer” shall mean to transfer, sell, convey, assign, pledge, hypothecate, create a| “Transfer”
security interest in or lien on, place in trust (voting or otherwise), transfer by operation of
law or in any other way subject to any Encumbrance or dispose of, whether or not
voluntarily, and “Transferring” and “Transferred” have corresponding meanings.
2. INTERPRETATION

 

 

 

Except where the context requires otherwise, these Articles will be interpreted as follows:

@ Headings are for convenience only and shall not affect the construction or
interpretation of any provision of these Articles;

(ii) Words importing the singular shall include plural and vice versa;

(iii) Any reference to Articles in Part B are to Articles of Part B of these Articles;

(iv) A reference to any agreement, is a reference to that agreement and all schedules,
appendices and the like incorporated therein, as the same may be amended,

modified, supplemented, waived, varied, added to, substituted, replaced, renewed
or extended from time to time;

 

 

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