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Annexure XIV Continued… - Edelweiss

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of the Bidder may be taken as the final data for the purpose of Allotment. In case of any discrepancy in the<br />

data entered in the electronic book vis-à-vis the data contained in the physical or electronic Bid cum<br />

Application Form, for a particular ASBA Bidder, the Registrar to the Issue shall ask for rectified data from a<br />

member of the Syndicate, in the event of a Bid submitted by an ASBA Bidder at any of the Syndicate ASBA<br />

Centres, or (ii) the SCSBs, as the case may be.<br />

Due to limitation of time available for uploading the Bids on the Issue Closing Date, the Bidders are advised to<br />

submit their Bids one day prior to the Issue Closing Date and, in any case, no later than 3.00 p.m. (IST) on the<br />

Issue Closing Date. Bidders are cautioned that in the event a large number of Bids are received on the Issue<br />

Closing Date, as is typically experienced in public offerings, some Bids may not get uploaded due to lack of<br />

sufficient time. Such Bids that cannot be uploaded will not be considered for allocation under the Issue. Bids<br />

will be accepted only on Working Days, i.e., Monday to Friday (excluding any public holiday). Neither the<br />

Company, the Selling Shareholders nor any member of the Syndicate is liable for any failure in downloading<br />

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

On the Issue Closing Date, extension of time will be granted by the Stock Exchanges only for uploading the<br />

Bids received by Retail Individual Bidders and Eligible Employees after taking into account the total number<br />

of Bids received up to the closure of time period for acceptance of Bid cum Application Forms as stated herein<br />

and reported by the Managers to the Stock Exchange within half an hour of such closure.<br />

Our Company and Pineridge, in consultation with the Managers, reserve the right to revise the Price Band<br />

during the Issue Period, provided that the Cap Price shall be less than or equal to 120% of the Floor Price and<br />

the Floor Price shall not be less than the face value of the Equity Shares. The revision in Price Band shall not<br />

exceed 20% on the either side i.e. the floor price can move up or down to the extent of 20% of the floor price<br />

disclosed at least two days prior to the Issue Opening Date and the Cap Price will be revised accordingly.<br />

In case of revision of the Price Band, the Issue Period will be extended for at least three additional working<br />

days after revision of Price Band subject to the Issue Period not exceeding 10 working days. Any revision in<br />

the Price Band and the revised Issue Period, if applicable, will be widely disseminated by notification to the<br />

BSE and the NSE, by issuing a press release and also by indicating the changes on the web site of the<br />

Managers and at the terminals of the Syndicate.<br />

399

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