Underwriting Agreement

Our Bank and the Selling Shareholders have entered into an Underwriting Agreement with the Underwriters for the Equity
Shares proposed to be issued and offered in the Issue. The Underwriting Agreement is dated March 20, 2021. Pursuant to the
terms of the Underwriting Agreement, the obligations of each of the Underwriters are several and are subject to certain conditions

specified therein.

The Underwriters have indicated their intention to underwrite the following number of Equity Shares:

 

Name, Address, Telephone number and E-mail
address of the Underwriters

Indicative Number of Equity
Shares to be Underwritten

Amount Underwritten
(in Z million)

 

Axis Capital Limited

1 floor, Axis House

C-2 Wadia International Centre
P.B. Marg, Worli

Mumbai 400 025

Maharashtra, India

Tel: +91 22 4325 2183

Email: suryoday.ipo@axiscap.in

4,773,267

1,452.10

 

ICICI Securities Limited

ICICI Centre

H. T. Parekh Marg

Churchgate

Mumbai 400 020

Maharashtra, India

Tel: +91 22 2288 2460

E-mail: suryoday.ipo@icicisecurities.com

4,773,267

1,452.10

 

TIFL Securities Limited

10th Floor, TFL Centre

Kamala City, Senapati Bapat Marg
Lower Parel (West), Mumbai 400 013
Maharashtra, India

Tel: +91 22 4646 4600

Email: suryoday.ipo@iiflcap.com

4,773,268

1,452.10

 

SBI Capital Markets Limited
202, Maker Tower ‘E’

Cuffe Parade, Mumbai 400 005
Maharashtra, India

Tel: +91 22 2217 8300

Email: suryoday.ipo@sbicaps.com

4,773,068

1,452.04

 

SBICAP Securities Limited
Marathon Futurex, A&B Wing

12'" Floor

N. M. Joshi Marg, Lower Parel
Mumbai 400 013

Maharashtra, India

Tel: +91 22 4227 3300

Email: archana.dedhia@sbicapsec.com

100

0.03

 

Investec Capital Services (India) Private
Limited

1103-04, 11" Floor, B Wing, Parinee Crescenzo,
Bandra Kurla Complex

Mumbai 400 051, Maharashtra, India

Tel: +91 22 6849 7400

E-mail: suhani.bhareja@investec.co.in

 

 

100

 

0.03

 

 

The above-mentioned underwriting commitments are indicative and will be finalised after the finalisation of Basis of Allotment
and subject to the provisions of the SEBI ICDR Regulations.

In the opinion of our Board (based on representations made to our Bank by the Underwriters), the resources of the aforementioned
Underwriters are sufficient to enable them to discharge their respective underwriting obligations in full. The aforementioned
Underwriters are registered with SEBI under Section 12(1) of the SEBI Act or registered as brokers with the Stock Exchanges.

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