IMPORTANT: YOU MUST READ AND AGREE WITH THE TERMS AND CONDITIONS OF THE FOLLOWING DISCLAIMER BEFORE CONTINUING.

The following disclaimer applies to the offering documents of certain companies filed with Securities and Exchange Board of India ("SEBI") (the "Offering Documents" and each, an "Offering Document") hosted on this Web site in connection with the public offering of securities (the "Issue") that BOB Capital Markets Ltd, ("BOB Capital") is associated with as a Book Running Lead Manager or Co Book Running Lead Manager or Lead Manager or a Syndicate Member. The Offer Documents have been made available on this web site in electronic form solely to comply with Regulation 9 (1) of Chapter II of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ("SEBI Regulations"), as amended. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Documents. By accessing the Offering Documents, you agree to follow the following terms and conditions, including any modifications from time to time.

The contents of the Offering Documents are for your information only. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed in whole or in part and in particular, may not be forwarded to any U.S. person or to any U.S. address or any other jurisdictions where such distribution is not permitted. Any forwarding, distribution or reproduction of the contents herein, in whole or in part, is unauthorized. Failure to comply with this directive may result in a violation of the U.S. Securities Act of 1933, as amended (the "Securities Act") or the applicable laws of other jurisdictions. BOB Capital and/or its Affiliates are not soliciting any action based on it, and it should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Except where the Offering Document is a final prospectus, BOB Capital does not represent that the content of such Offering Document is complete or comprehensive beyond the date of its filing with SEBI and does not guarantee the accuracy, timeliness or completeness of the information being made available to you in such Offering Document beyond that date.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India or residents of permitted jurisdictions only. Residents of countries where distribution/viewing of such information is not permitted are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Issue will not be permitted to residents of certain jurisdictions. The Offering Documents are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) BOB Capital or any of its Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be viewed by U.S. persons or any person in the United States. The information contained in this Web site does not constitute an offer for sale in the United States or to any US person. You have accessed the attached document on the basis that you have confirmed to BOB Capital and its Affiliates that you are not resident in the United States nor a US Person, as defined in Regulation S under the Securities Act, nor acting for the benefit or account of a US Person, have not been, and will not be, registered under the Securities Act, or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, into the United States unless the securities are so registered or an exemption from the registration requirements is available. This does not constitute, and should not be construed as, "general solicitation or general advertising"; as defined under Regulation D of the Securities Act, or "directed selling efforts" under Regulation S of the Securities Act.

BOB Capital, one of the Book Running Lead Managers or Co Book Running Lead Manager or Lead Manager or a Syndicate Member has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this Web site are identical to the Offering Document filed with SEBI for its comments in accordance with Regulation 61 (1) of Chapter VI of the SEBI Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither BOB Capital nor any of its employees, directors or Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. BOB Capital its employees/directors will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this Web site. Neither BOB Capital, nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this Web site, or resulting from the act or omission of any other party involved in producing or hosting this Web site or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the Web site or these materials.

Please note that any forms that may be downloaded may not be used for subscription, unless explicitly specified to the Issue in contravention of the above will be rejected with no recourse to BOB Capital or the Issuer.

Please be advised that to view information on this site, you must accept the conditions of this disclaimer.

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