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Annexure XIV Continued… - Edelweiss

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In case of Bids made by limited liability partnerships registered under the Limited Liability Partnership Act,<br />

2008, a certified copy of certificate of registration issued under the Limited Liability Partnership Act, 2008,<br />

must be attached to the Bid cum Application Form or the ASBA Bid cum Application Form. Failing this, our<br />

Company reserves the right to reject any Bid without assigning any reason thereof.<br />

Bids by insurance companies<br />

In case of Bids made by insurance companies registered with the IRDA, a certified copy of certificate of<br />

registration issued by IRDA must be attached to the Bid cum Application Form or the ASBA Bid cum<br />

Application Form. Failing this, our Company reserves the right to reject any Bid without assigning any reason<br />

thereof.<br />

The exposure norms for insurers, prescribed under the Insurance Regulatory and Development Authority<br />

(Investment) Regulations, 2000, as amended (the “IRDA Investment Regulations”), are broadly set forth<br />

below:<br />

(a) equity shares of a company: the least of 10% of the investee company’s subscribed capital (face value) or<br />

10% of the respective fund in case of life insurer or 10% of investment assets in case of general insurer or<br />

reinsurer;<br />

(b) the entire group of the investee company: the least of 10% of the respective fund in case of a life insurer or<br />

10% of investment assets in case of a general insurer or reinsurer (25% in case of ULIPS); and<br />

(c) the industry sector in which the investee company operates: 10% of the insurer’s total investment<br />

exposure to the industry sector (25% in case of ULIPS).<br />

Bids by provident funds/ pension funds<br />

In case of Bids made by provident funds/pension funds, subject to applicable laws, with minimum corpus of<br />

` 250 million, a certified copy of certificate from a chartered accountant certifying the corpus of the provident<br />

fund/ pension fund must be attached to the Bid cum Application Form. Failing this, our Company reserves the<br />

right to reject any Bid, without assigning any reason thereof.<br />

The above information is given for the benefit of the Bidders. Our Company, the Selling Shareholders,<br />

the Directors, the officers of the Company and the Syndicate are not liable for any amendments or<br />

modification or changes in applicable laws or regulations, which may occur after the date of this Draft<br />

Red Herring Prospectus. Bidders are advised to make their independent investigations and ensure that<br />

the number of Equity Shares Bid for do not exceed the applicable limits under laws or regulations.<br />

Bids by Eligible Employees<br />

Employee reservation portion means the portion of the Issue being [●] Equity Shares avail able for allocation to<br />

Eligible Employees, on a proportionate basis.<br />

Bids by Eligible Employees under the Employee Reservation Portion shall be subject to the following:<br />

• Only Eligible Employees (as defined in the Red Herring Prospectus) would be eligible to apply in the<br />

Issue under the Employee Reservation Portion.<br />

• The sole/ first Bidder shall be an Eligible Employee.<br />

• Bid shall be made only in the prescribed Bid cum Application Form or ASBA Bid cum Application Form<br />

(i.e. Pink colour Form).<br />

• Eligible Employees should provide the details of the depository accounts including DP ID, Client ID and<br />

PAN as well as employee number in the relevant space in the Bid cum Application Form/ ASBA Bid cum<br />

Application Form.<br />

• Only those Bids, which are received at or above the Issue Price, would be considered for allocation under<br />

the Employee Reservation Portion.<br />

407

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