officers, agents, affiliates, and representatives accept no responsibility or liability for advising any investor on
whether such investor is eligible to acquire the Equity Shares.

Disclaimer in Respect of Jurisdiction

The Offer is being made in India to persons resident in India (including Indian nationals resident in India who
are competent to contract under the Indian Contract Act, 1872, as amended, including Indian nationals resident
in India, HUFs, companies, other corporate bodies and societies registered under the applicable laws in India
and authorized to invest in shares, Indian Mutual Funds registered with the SEBI, Indian financial institutions,
commercial banks, regional rural banks, co-operative banks (subject to RBI permission), Systemically Important
NBFCs registered with the RBI or trusts under applicable trust law and who are authorized under their
constitution to hold and invest in equity shares, insurance companies registered with the IRDAI, permitted
provident funds and pension funds, National Investment Fund, insurance funds set up and managed by the army,
navy and air force of the Union of India, insurance funds set up and managed by the Department of Posts,
Government of India and to eligible FPIs, Eligible NRIs and other eligible foreign investors, public financial
institutions as specified in Section 2(72) of the Companies Act, 2013, state industrial development corporations
and registered multinational and bilateral development financial institutions.

The Red Herring Prospectus did not, and this Prospectus does not, however, constitute an offer to sell or an
invitation to subscribe to or purchase Equity Shares offered thereby in any jurisdiction other than India to any
person to whom it is unlawful to make an offer or invitation in such jurisdiction. Any person into whose
possession the Red Herring Prospectus or this Prospectus comes is required to inform himself or herself about,
and to observe, any such restrictions. Any dispute arising out of the Offer will be subject to the jurisdiction of
appropriate court(s) in Mumbai, Maharashtra, India only.

No action has been, or will be, taken to permit a public offering in any jurisdiction where action would be
required for that purpose, except that the Draft Red Herring Prospectus has been filed with the SEBI for its
observations. Accordingly, the Equity Shares represented thereby may not be issued, directly or indirectly, and
the Red Herring Prospectus may not be distributed in any jurisdiction, except in accordance with the legal
requirements applicable in such jurisdiction. Neither the delivery of this Prospectus nor any issue hereunder
shall, under any circumstances, create any implication that there has been no change in the affairs of our
Company, the Selling Shareholders, or our Group Companies since the date of this Prospectus or that the
information contained herein is correct as at any time subsequent to this date. Invitations to subscribe to or
purchase the Equity Shares pursuant to the Offer will be made only pursuant to the Red Herring Prospectus if
the recipient is in India or the preliminary offering memorandum for the Offer, which comprised the Red
Herring Prospectus and the preliminary international wrap for the Offer, if the recipient is outside of India.

The Equity Shares offered in the Offer have not been and will not be registered under the U.S.
Securities Act, 1933, as amended (“U.S. Securities Act”) or any state securities laws in the United States,
and unless so registered may not be offered or sold within the United States, except pursuant to an
exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act
and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold outside
the United States, in offshore transactions in compliance with Regulation S under the U.S. Securities Act
and the applicable laws of the jurisdiction where those offers and sales occur.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other
jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any
such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

Disclaimer Clause of the BSE

BSE Limited (the Exchange”) has given vide its letter dated September 01, 2021 permission to this Company to
use the Exchange’s name in this offer document as one of the stock exchanges on which this company’s
securities are proposed to be listed. The Exchange has scrutinized this offer document for its limited internal
purpose of deciding on the matter of granting the aforesaid permission to this Company. The Exchange does not
in any manner: -

a) Warrant, certify or endorse the correctness or completeness of any of the contents of this offer
document;

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