(inZ million)

 

 

 

 

 

S.No. Particulars Contingent Liabilities as at December 31, 2020

1. Claims against our Bank not acknowledged as debts — taxation 38.65

2. Claims against our Bank not acknowledged as debts — others 0.34

3. Other items for which our Bank is contingently liable 9.77
Total 48.76

 

 

 

 

 

For further details, see “Financial Information — Annexure 16: Contingent liabilities” on page 257.
Summary of related party transactions

Our Bank has only one related party i.e. Baskar Babu Ramachandran, who is our Managing Director and Chief Executive Officer.
Related party transactions are not required to be disclosed as per the exemption provided under the Master Circular — Disclosure
in Financial Statements ~ ‘Notes to Accounts’ dated July 1, 2015, issued by RBI. For further details, see “Financial Information
Annexure 22 - Note 28: Related Party Disclosure” on page 292.

Financing Arrangements

There have been no financing arrangements whereby the Promoters, members of our Promoter Group, our Directors and their
relatives have financed the purchase by any other person of securities of our Bank (other than in the normal course of the business
of the relevant financing entity) during a period of six months immediately preceding the date of filing of the Draft Red Herring
Prospectus, the Red Herring Prospectus and this Prospectus.

Weighted average price

The weighted average price at which the Equity Shares were acquired by our Promoters and Selling Shareholders in the last one
year preceding the date of this Prospectus are set forth in the table below:

 

 

 

 

 

 

 

 

 

 

s. Name Number of Equity Shares acquired in | Weighted average price of
No. the last one year preceding the date of | acquisition per Equity Share
this Prospectus (ind*
1. [Promoters
Baskar Babu Ramachandran 3,140,000 180.00
B.S. Jagdish 1,00,000 180.00
G.V. Alankara 85,000 180.00
2. _ [Selling Shareholders
Gaja Capital Fund Il Limited 1,826,923 260.00
Kotak Mahindra Life Insurance Company Limited 192,308 260.00
Gaja Capital India AIF Trust (represented by its trustee,
Gaja Trustee Company Private Limited) 96,154 260.00

 

 

 

 

 

* As certified by CN K & Associates LLP, Chartered Accountants, by way of their certificate dated March 3, 2021.
Average cost of acquisition of Equity Shares

The average cost of acquisition of Equity Shares of our Promoters and Selling Shareholders are set forth in the table below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ss. Name Number of Equity Shares acquired | Average cost of Acquisition per

No. Equity Share (in 2)*

1. [Promoters
Baskar Babu Ramachandran 12,343,578 120.73
P. Surendra Pai 13,523,215 84.40
P.S. Jagdish 3,323,378 97.12
G.V. Alankara 544,561 81.01

2. _ | Selling Shareholders
IFC 4,387,888 58.77
Gaja Capital Fund Il Limited 5,694,623 172.79
DWM (International) Mauritius Ltd 5,247,865 96.25
HDFC Holdings Limited 2,334,930 83.13
IDFC FIRST Bank Limited 2,556,742 107.00
Americorp Ventures Limited 1,871,758 122.30
Kotak Mahindra Life Insurance Company Limited 747,864 200.57
Gaja Capital India AIF Trust (represented by its trustee, 300,146 169.22
Gaja Trustee Company Private Limited)

 

* _ As certified by CN K & Associates LLP, Chartered Accountants, by way of their certificate dated March 3, 2021.

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