Annexure XIV Continued… - Edelweiss

Bidders can contact the Compliance Officer or the Registrar to the Issue in case of any pre-Issue or
post-Issue related problems such as non-receipt of Allotment Advice, credit of Allotted Equity Shares in
the respective beneficiary accounts, refund orders etc. In case of ASBA Bids submitted to the Designated
Branches of the SCSBs, the Bidders can contact the relevant Designated Branch.
PAYMENT OF REFUND
Within 12 Working Days of the Issue Closing Date, the Registrar to the Issue will dispatch the refund orders
for all amounts payable to unsuccessful Bidders (other than ASBA Bidders) and also any excess amount paid
on Bidding, after adjusting for allocation/ Allotment to Bidders
In the case of Bidders other than ASBA Bidders, the Registrar to the Issue will obtain from the Depositories
the Bidders’ bank account details, including the MICR code, on the basis of the DP ID, Client ID and PAN
provided by the Bidders in their Bid cum Application Forms. Accordingly, Bidders are advised to immediately
update their details as appearing on the records of their Depository Participants. Failure to do so may result in
delays in dispatch of refund orders or refunds through electronic transfer of funds, as applicable, and any such
delay will be at the Bidders’ sole risk and neither our Company, the Selling Shareholders, the Registrar to the
Issue, the Escrow Collection Banks, or the members of the Syndicate, will be liable to compensate the Bidders
for any losses caused to them due to any such delay, or liable to pay any interest for such delay.
Mode of making refunds for Bidders other than ASBA Bidders
The payment of refund, if any, for Bidders other than ASBA Bidders would be done through any of the
following modes:
1. NECS – Payment of refund would be done through NECS for applicants having an account at any of the
centres where such facility has been made available. This mode of payment of refunds would be subject to
availability of complete bank account details including the MICR code from the Depositories.
2. Direct Credit – Applicants having bank accounts with the Refund Bank (s), as per Demographic Details
received from the Depositories, shall be eligible to receive refunds through direct credit. Charges, if any,
levied by the Refund Bank(s) for the same would be borne by our Company.
3. RTGS – Applicants having a bank account at any of the centres where such facility has been made
available and whose refund amount exceeds ` 0.10 million, have the option to receive refund through
RTGS provided the Demographic Details downloaded from the Depositories contain the nine digit MICR
code of the Bidder‘s bank which can be mapped with the RBI data to obtain the corresponding Indian
Financial System Code (“IFSC Code”). Charges, if any, levied by the applicant’s bank receiving the
credit would be borne by the applicant.
4. NEFT – Payment of refund shall be undertaken through NEFT wherever the applicants’ bank has been
assigned the IFSC Code, which can be linked to an MICR, if any, available to that particular bank branch.
IFSC Code will be obtained from the website of RBI as on a date immediately prior to the date of payment
of refund, duly mapped with MICR numbers. Wherever the applicants have registered their nine digit
MICR number and their bank account number while opening and operating the demat account, the same
will be duly mapped with the IFSC Code of that particular bank branch and the payment of refund will be
made to the applicants through this method.
5. For all other applicants, including those who have not updated their bank particulars with the MICR code,
the refund orders will be despatched through speed post/ registered post. Such refunds will be made by
cheques, pay orders or demand drafts drawn on the Escrow Collection Banks and payable at par at places
where Bids are received. Bank charges, if any, for cashing such cheques, pay orders or demand drafts at
other centres will be payable by the Bidders.
Mode of making refunds for ASBA Bidders
In case of ASBA Bidders, the Registrar shall instruct the relevant SCSB to unblock the funds in the relevant
ASBA Account to the extent of the Payment Amount specified in the ASBA Bid cum Application Forms for
withdrawn, rejected or unsuccessful or partially successful ASBA Bids within 12 Working Days of the Issue
Closing Date.
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