Launch of key products or services, entry into new geographies or exit from existing markets, capacity/
facility creation or location of stores

For details of key products or services launched by our Company, entry into new geographies or exit from existing
markets, capacity/ facility creation and location of stores, see ‘Our Business’ and ‘- Major events and milestones’
on pages 159 and 189, respectively.

Defaults or rescheduling of borrowings with financial institutions/banks

As on the date of this Prospectus, there are no defaults or rescheduling of borrowings with financial institutions/
banks.

Details regarding material acquisitions or divestments of business/undertakings, mergers, amalgamation,
any revaluation of assets, etc. in the last 10 years

Our Company has not made any material acquisitions or divestments of any business or undertaking, and has not
undertaken any merger, amalgamation or any revaluation of assets in the preceding 10 years.

Holding Company

As on the date of this Prospectus, our Company does not have a holding company.
Joint Ventures of our Company

As on the date of this Prospectus, our Company does not have any joint ventures.
Subsidiaries of our Company

As on the date of this Prospectus, our Company does not have any subsidiaries. Our Company had a wholly-
owned subsidiary, Go Fashion FZE, which was liquidated during the Financial Year ended March 31, 2019.

Summary of Key Agreements and Shareholders’ Agreements

Amended and Restated Shareholders’ Agreement dated January 10, 2018 executed between our Company,
Prakash Kumar Saraogi, Vinod Kumar Saraogi, Rahul Saraogi, Gautam Saraogi (collectively, the “Original
Promoters”), Sequoia Capital India Investments IV (“Investor 1”) and India Advantage Fund S4 I, acting
through its trustee IDBI Trusteeship Services Limited (“Investor 2” and such agreement, the “SHA”), read
with the deed of adherence dated May 25, 2018 executed between Investor 1, Investor 2 and Dynamic India
Fund S4 US I (“Investor 3”) and deed of adherence dated January 29, 2020 executed between Investor 1,
Investor 2, Investor 3, the Original Promoters, Prahlad Rai, VKS Family Trust and PKS Family Trust and
amendment agreement dated August 9, 2021 executed between our Company, Investor 1, Investor 2, Investor
3, Original Promoters, VKS Family Trust and PKS Family Trust (the “Amendment Agreement”).

The SHA was entered into to amend and restate the shareholders’ agreement dated November 8, 2014 executed
between our Company, the Original Promoters, and Investor 1, and record the inter-se rights and obligations by
virtue of the respective shareholding of the parties in our Company, the management of our Company and certain
other matters. Our Company also entered into a deed of adherence dated May 25, 2018 with the Original
Promoters, Investor 1, Investor 2 and Investor 3, through which two Equity Shares and 192,226 Series BCCCPS
were transferred by Investor 2 to Investor 3. Our Company, the Original Promoters, Prahlad Rai, VKS Family
Trust and PKS Family Trust also entered into a letter of waiver and consent dated January 29, 2020, through which
consent was sought by Rahul Saraogi and Gautam Saraogi from Investor 1, Investor 2 and Investor 3 for
transferring equity shared held by them to Prahlad Rai. Subsequently, our Company entered into a deed of
adherence dated January 29, 2020 with Investor 1, Investor 2, Investor 3, the Original Promoters, Prahlad Rai,
VKS Family Trust and PKS Family Trust through which 14,999,880 Equity Shares were transferred by Prahlad
Rai to each of VKS Family Trust and PKS Family Trust.

Pursuant to the SHA, each of Investor 1 and Investor 2 (collectively, the “Investors”) have the right to nominate
such number of non-executive directors on the Board as is proportionate to their respective shareholding, subject
to a minimum of two directors by Investor 1 and one director by Investor 2. The Original Promoters have the right
to nominate four directors out of whom Prakash Kumar Saraogi and Gautam Saraogi will remain on the Board at
all times, till Investor 1 and Investor 2 are the shareholders of our Company. Further, each of Investor 1 and
Investor 2 have the right to appoint one non-voting observer on the Board as well as on each committee of the

190
