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Annexure XIV Continued… - Edelweiss

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e at such Bidders sole risk and neither our Company, the Selling Shareholders, Escrow Collection Banks,<br />

Registrar to the Issue nor the members of the Syndicate shall be liable to compensate the Bidder for any losses<br />

caused to the Bidder due to any such delay or liable to pay any interest for such delay. In case of refunds<br />

through electronic modes as detailed in this DRHP, refunds may be delayed if bank particulars obtained from<br />

the Depository Participant are incorrect.<br />

In case no corresponding record is available with the Depositories, which matches the three parameters,<br />

namely, DP ID, Client ID and PAN, then such Bids are liable to be rejected.<br />

Bids by Non Residents including Eligible NRIs, FIIs registered with SEBI<br />

Bids and revision to Bids must be made in the following manner:<br />

1. On the Bid cum Application Form, ASBA Bid cum Application Form, Revision Form or the ASBA<br />

Revision Form, as applicable, and completed in full in BLOCK LETTERS in ENGLISH in accordance<br />

with the instructions contained therein.<br />

2. In a single name or joint names (not more than three and in the same order as their Depositary Participant<br />

details).<br />

3. Bids on a repatriation basis shall be in the names of individuals, or in the name of FIIs and multilateral and<br />

bilateral development financial institutions but not in the names of minors, OCBs, firms or partnerships,<br />

foreign nationals (excluding NRIs) or their nominees.<br />

Bids by Eligible NRIs for a Payment Amount of up to ` 200,000 would be considered under the Retail Portion<br />

for the purposes of allocation and Bids for a Payment Amount of more than ` 200,000 would be considered<br />

under Non-Institutional Portion for the purposes of allocation.<br />

Refunds, dividends and other distributions, if any, will be payable in Indian Rupees only and net of<br />

bank charges and / or commission. In case of Bidders who remit money through Indian Rupee drafts<br />

purchased abroad, such payments in Indian Rupees will be converted into US Dollars or any other<br />

freely convertible currency as may be permitted by the RBI at the rate of exchange prevailing at the<br />

time of remittance and will be dispatched by registered post or if the Bidders so desire, will be credited<br />

to their NRE accounts, details of which should be furnished in the space provided for this purpose in the<br />

Bid cum Application Form or the ASBA Bid cum Application Form. Our Company or the Selling<br />

Shareholders will not be responsible for loss, if any, incurred by the Bidder on account of conversion of<br />

foreign currency.<br />

There is no reservation for Eligible NRIs and FIIs and all applicants will be treated on the same basis<br />

with other categories for the purpose of allocation.<br />

PAYMENT INSTRUCTIONS<br />

Escrow Mechanism for Bidders other than ASBA Bidders<br />

Our Company, the Selling Shareholders and the Syndicate shall open Escrow Account(s) with one or more<br />

Escrow Collection Bank(s) in whose favour the Bidders (other than ASBA Bidders) shall make out the cheque<br />

or demand draft in respect of his or her Bid and/or revision of the Bid. Cheques or demand drafts received for<br />

the full Payment Amount from Bidders in a certain category would be deposited in the Escrow Account.<br />

The Escrow Collection Banks will act in terms of the Red Herring Prospectus and the Escrow Agreement. The<br />

Escrow Collection Banks, for and on behalf of the Bidders, shall maintain the monies in the Escrow Account<br />

until the Designated Date. The Escrow Collection Banks shall not exercise any lien whatsoever over the<br />

monies deposited therein and shall hold the monies therein in trust for the Bidders. On the Designated Date,<br />

the Escrow Collection Banks shall transfer the funds represented by Allotment of Equity Shares (including the<br />

amount due to the Selling Shareholders but other than in respect of Allotment to successful ASBA Bidders)<br />

from the Escrow Account, as per the terms of the Escrow Agreement, into the Public Issue Account. The<br />

balance amount after transfer to the Public Issue Account shall be transferred to the Refund Account.<br />

Payments of refund to the relevant Bidders shall also be made from the Refund Account as per the terms of the<br />

Escrow Agreement and the Red Herring Prospectus.<br />

423

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