 

Sr. Name of the BRLM Website

1. __JM Financial Limited www,jmfl.com

2. DAM Capital Advisors Limited (Formerly — www.damcapital.in
IDEC Securities Limited)

3. ICICI Securities Limited www.icicisecurities.com

 

Stock Market Data of the Equity Shares

This being an initial public offer of our Company, the Equity Shares are not listed on any stock exchange and
accordingly, no stock market data is available for the Equity Shares.

Mechanism for Redressal of Investor Grievances

SEBI, by way of its circular dated March 16, 2021 (“March 2021 Circular”), has identified the need to put in
place measures, in order to manage and handle investor issues arising out of the UPI Mechanism inter alia in
relation to delay in receipt of mandates by Bidders for blocking of funds due to systemic issues faced by
Designated Intermediaries/SCSBs and failure to unblock funds in cases of partial allotment/non allotment within
prescribed timelines and procedures. Per the March 2021 Circular, for initial public offerings opening for
subscription on or after May 1, 2021, SEBI has prescribed certain mechanisms to ensure proper management of
investor issues arising out of the UPI Mechanism, including (i) identification of a nodal officer by SCSBs for the
UPI Mechanism; (ii) delivery of SMS alerts by SCSBs for blocking and unblocking of UPI Mandate Requests;
(iii) hosting of a web portal by the Sponsor Bank containing statistical details of mandate blocks/unblocks; (iv)
limiting the facility of reinitiating UPI Bids to Syndicate Members to once per Bid; and (v) mandating SCSBs to
ensure that the unblock process for non-allotted/partially allotted applications is completed by the closing hours
of one Working Day subsequent to the finalisation of the Basis of Allotment.

Separately, pursuant to the March 2021 Circular, the following compensation mechanism shall be applicable for
investor grievances in relation to Bids made through the UPI Mechanism for public issues opening on or after
May 1, 2021, for which the relevant SCSBs shall be liable to compensate the investor:

 

Scenario Compensation amount ‘Compensation period

Delayed unblock for cancelled / 2100 per day or 15% per annum of the From the date on which the request for

withdrawn / deleted applications Bid Amount, whichever is higher cancellation / withdrawal / deletion is
placed on the bidding platform of the
Stock Exchanges till the date of actual
unblock

Blocking of multiple amounts for the 1. Instantly revoke the blocked funds From the date on which multiple
same Bid made through the UPI other than the original application amounts were blocked till the date of
Mechanism amount and actual unblock

2. 2100 per day or 15% per annum of
the total cumulative blocked amount
except the original Bid Amount,
whichever is higher

Blocking more amount than the Bid 1. Instantly revoke the difference From the date on which the funds to the
Amount amount, i.e., the blocked amount less excess of the Bid Amount were
the Bid Amount and blocked till the date of actual unblock

2. 2100 per day or 15% per annum of
the difference amount, whichever is

higher

Delayed unblock for non — Allotted/ 100 per day or 15% per annum of the From the Working Day subsequent to

partially Allotted applications Bid Amount, whichever is higher the finalisation of the Basis of
Allotment till the date of actual
unblock

 

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