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Annexure XIV Continued… - Edelweiss

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Please note:<br />

1. The illustration presumes compliance with the requirements specified in this DRHP in the section titled<br />

“Issue Structure” at page 396.<br />

2. Out of 100 million Equity Shares allocated to QIBs, 5 million (i.e., 5%) will be Allotted on a<br />

proportionate basis among five Mutual Fund applicants who applied for 200 million Equity Shares in the<br />

QIB Portion.<br />

3. The balance 95 million Equity Shares i.e., 100 -5 (available for Mutual Funds only) will be Allotted on a<br />

proportionate basis among 10 QIBs who applied for 500 million Equity Shares (including 5 Mutual<br />

Fund applicants who applied for 200 million Equity Shares).<br />

4. The figures in the fourth column entitled “Allocation of balance 95 million Equity Shares to QIBs<br />

proportionately” in the above illustration are arrived at as explained below:<br />

• For QIBs other than Mutual Funds (A1 to A5) = Number of Equity Shares Bid for × 95/495<br />

• For Mutual Funds (MF1 to MF5) = (No. of shares bid for (i.e., in column II of the table above) less<br />

Equity Shares Allotted (i.e., column III of the table above) × 95/495<br />

• The numerator and denominator for arriving at the allocation of 95 million Equity Shares to the<br />

10 QIBs are reduced by 5 million shares, which have already been Allotted to Mutual Funds in the<br />

manner specified in column III of the table above.<br />

Refund Orders or instructions to the SCSBs<br />

The Registrar to the Issue shall give instructions for credit to the beneficiary account with depository<br />

participants within 12 Working Days of the Issue Closing Date. Applicants residing at the centres where<br />

clearing houses are managed by the RBI, will get refunds through NECS only except where applicant is<br />

otherwise disclosed as eligible to get refunds through direct credit and RTGS and NEFT. Our Company shall<br />

ensure dispatch of refund orders through ordinary post for refund orders less than or equal to ` 1,500 and<br />

through registered post or speed post for refund orders exceeding ` 1,500 at the sole or first Bidder’s sole risk<br />

within 12 Working Days of the Issue Closing Date. Applicants to whom refunds are made through electronic<br />

transfer of funds will be sent a letter through ordinary post, intimating them about the mode of credit of refund<br />

within 12 Working Days of the Issue Closing Date. In case of ASBA Bidders, the Registrar to the Issue shall<br />

instruct the relevant SCSB to unblock the funds in the relevant ASBA Account to the extent of the Payment<br />

Amount specified in the ASBA Bid cum Application Forms for withdrawn, rejected or unsuccessful or<br />

partially successful ASBA Bids within 12 Working Days of the Issue Closing Date.<br />

UNDERTAKINGS BY OUR COMPANY<br />

Our Company undertakes the following:<br />

• That the complaints received in respect of this Issue shall be attended to by our Company expeditiously<br />

and satisfactorily;<br />

• That all steps for completion of the necessary formalities for commencement of trading at all the Stock<br />

Exchanges where the Equity Shares are listed shall be undertaken within the timelines specified by law;<br />

• That funds required for making refunds to unsuccessful applicants as per the mode(s) disclosed shall be<br />

made available to the Registrar to the Issue by our Company;<br />

• That where refunds are made through electronic transfer of funds, a suitable communication shall be sent<br />

to the applicant within 12 Working Days of the Issue Closing Date, as the case may be, giving details of<br />

the bank where refunds shall be credited along with amount and expected date of electronic credit of<br />

refund;<br />

• That the certificates of the securities/ refund orders to the non-resident Indians shall be despatched within<br />

436

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