Glenmark

· you have no rights under a shareholders’ agreement or voting agreement with the Promoters or
persons related to the Promoters, no veto rights or right to appoint any nominee director on the
Board of Directors of the Company other than the rights acquired, if any, in the capacity of a
lender not holding any Shares of the Company, which shall not be deemed to be a person related
to the Promoter;
· you have no right to withdraw your Bid after the Bid Closing Date;
· you are eligible to apply for and hold Equity Shares so allotted together with any Equity Shares
held by you prior to the Issue. You further confirm that your holding upon the issue of the Equity
Shares shall not exceed the level permissible as per any applicable regulation;
· the Bid submitted by you would not eventually result in triggering a tender offer under the SEBI
(Substantial Acquisition of Shares and Takeovers) Regulations, 1997, as amended (the “Takeover
Code”);
· to the best of your knowledge and belief together with other QIBs in the Issue that belong to the
same group or are under common control as you, the Allotment under the Issue shall not exceed
50 per cent. of the Issue. For the purposes of this representation:
a. the expression ‘belongs to the same group’ shall be interpreted by applying the concept of
‘companies under the same group’ as provided in sub-section (11) of Section 372 of the
Companies Act; and
b. ‘control’ shall have the same meaning as is assigned to it by clause (c) of Regulation 2 of the
Takeover Code.
· you shall not undertake any trade in the Equity Shares credited to your Depository Participant
account until such time that the final listing and trading approval for the Equity Shares is issued by
the Stock Exchanges;
· you are aware that applications have been made to the Stock Exchanges for in-principle approval
for listing and admission of the Equity Shares to trading on the Stock Exchanges’ market for listed
securities and that the application for the final listing and trading approval will be made only after
Allotment of the Equity Shares in the Issue, and there can be no assurance that such final approval
will be obtained on time or at all;
· you are aware and understand that the Joint Global Coordinators and Book Running Lead
Managers will have entered into a memorandum of understanding with the Company whereby the
Joint Global Coordinators and Book Running Lead Managers have, subject to the satisfaction of
certain conditions set out therein, undertaken to use their reasonable endeavours as agents of the
Company to seek to procure policies for the Equity Shares;
· that the contents of this Preliminary Placement Document are exclusively the responsibility of the
Company and that neither the Joint Global Coordinators and Book Running Lead Managers nor
any person acting on their behalf has, or shall have, any liability for any information,
representation or statement contained in this Preliminary Placement Document or any information
previously published by or on behalf of the Company and will not be liable for your decision to
participate in the Issue based on any information, representation or statement contained in this
Preliminary Placement Document or otherwise. By accepting a participation in this Issue, you
agree and confirm that you have neither received nor relied on any other information,
representation, warranty or statement made by or on behalf of the Joint Global Coordinators and
Book Running Lead Managers or the Company or any other person and neither of the Joint Global
Coordinators and Book Running Lead Managers nor the Company nor any other person will be