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Annexure XIV Continued… - Edelweiss

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website, www.acbindia.com, or the website of any Subsidiaries, or any affiliate or associate of our Company<br />

or its Subsidiaries, would be doing so at his or her own risk.<br />

The Individual Selling Shareholders accept no responsibility for any statement made other than their respective<br />

declarations. Pineridge, its directors, affiliates, associates and their respective directors and officers accept/<br />

undertake no responsibility for any statements made other than the statements made by Pineridge in this Draft<br />

Red herring Prospectus about or in relation to itself and the Equity Shares being offered by it in the Offer for<br />

Sale.<br />

For further information, please refer to the section titled “Issue Procedure” beginning on page 400 of this Draft<br />

Red Herring Prospectus.<br />

Caution<br />

Our Company, our Directors and the Managers accept no responsibility, save to the limited extent as provided<br />

in the Issue Agreement entered into between the Managers, our Company and the Selling Shareholders on May<br />

28, 2011 and the Underwriting Agreement to be entered into between the Underwriters, our Company, the<br />

Selling Shareholders and the Registrar to the Issue.<br />

The Individual Selling Shareholders accept no responsibility for any statement made other than their respective<br />

declarations. Pineridge, its directors, affiliates, associates and their respective directors and officers accept /<br />

undertake no responsibility for any statements made other than the statements made by Pineridge in this Draft<br />

Red Herring Prospectus about or in relation to itself and the Equity Shares being offered by it in the Offer for<br />

Sale.<br />

Our Company, the Selling Shareholders and the Managers undertake not to make available any selective or<br />

additional information to a section of investors in any manner whatsoever, including at road show<br />

presentations, in research or sales reports or at Bidding Centres or elsewhere.<br />

Neither our Company, its Directors and officers, the Selling Shareholders, its directors affiliates, associates and<br />

their respective directors and officers nor any member of the Syndicate is liable to the Bidders for any failure<br />

in downloading the Bids due to faults in any software/hardware system or otherwise.<br />

Bidders will be required to confirm and will be deemed to have represented to our Company and the Selling<br />

Shareholders and the Underwriters and their respective directors, officers, agents, affiliates and representatives<br />

that they are eligible under all applicable laws, rules, regulations, guidelines and approvals to acquire Equity<br />

Shares and will not issue, sell, pledge or transfer the Equity Shares to any person who is not eligible under<br />

applicable laws, rules, regulations, guidelines and approvals to acquire the Equity Shares. Our Company, the<br />

Selling Shareholders, the Underwriters and their respective directors, officers, agents, affiliates and<br />

representatives accept no responsibility or liability for advising any investor on whether such investor is<br />

eligible to acquire Equity Shares.<br />

The Managers and their respective affiliates may engage in transactions with, and perform services for, our<br />

Company and its Group Companies or affiliates in the ordinary course of business and have engaged, or may<br />

in the future engage, in transactions with our Company and its Group Companies or affiliates, for which they<br />

have received, and may in the future receive, compensation.<br />

Disclaimer in respect of jurisdiction<br />

This Issue is being made in India to persons resident in India including Indian nationals resident in India who<br />

are not minors, Hindu Undivided Families (HUFs), companies, corporate bodies and societies registered under<br />

the applicable laws in India and authorised to invest in shares, Mutual Funds, Indian financial institutions,<br />

commercial banks, regional rural banks, co-operative banks (subject to RBI permission), Trusts registered<br />

under the Societies Registration Act, 1860, as amended from time to time, or any other trust law and who are<br />

authorised under their constitution to hold and invest in shares, permitted insurance companies registered with<br />

the Insurance Regulatory and Development Authority, permitted provident funds with minimum corpus of `<br />

250 million and pension funds and to non-residents including NRIs and FIIs, their sub accounts, FVCIs,<br />

multilateral and bilateral financial institutions. The Draft Red Herring Prospectus does not, however, constitute<br />

an offer to sell or an invitation to subscribe to Equity Shares offered hereby in any other jurisdiction to any<br />

person to whom it is unlawful to make an offer or invitation in such jurisdiction. Any person into whose<br />

possession the Draft Red Herring Prospectus comes is required to inform himself or herself about, and to<br />

385

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