Common use of Deposits into the Escrow Accounts Clause in Contracts

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirm that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Lead Managers and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on deposited, during the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, Preliminary Offering Memorandum, the Offering Memorandum, and the Syndicate Agreement Agreement, with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts from the Anchor Investors until the Anchor Investors Pay-in Date shall also be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held by the Escrow Collection Bank, the Public Offer Account Bank, the Refund Bank and the Sponsor Banks for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor of the specific Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts Account to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers (with copy to the Registrar, Company and each Selling Shareholder) and the Company (with copy to the Registrar, Lead Managers and each Selling Shareholder) or the Registrar or (with copy to the Company Company, Lead Managers and each Selling Shareholder) may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow AccountAccounts, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Managers or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Banks confirm that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Banks shall strictly follow the instructions of the Lead Managers and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on deposited, during the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement Agreement, with the Escrow Collection Banks at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank Banks prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor of the specific Escrow Accounts specified in Clause 2.3(a)2.2. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts Account to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers (with copy to the Registrar, Company and each Promoter Selling Shareholder) and the Company (with copy to the Registrar, Lead Managers and each Promoter Selling Shareholder) or the Registrar or (with copy to the Company Company, Lead Managers and each Promoter Selling Shareholder) may, pursuant to an intimation to the Escrow Collection BankBanks, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection BankBanks, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow AccountAccounts, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Managers or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with as per this Clause 3.1.43.1.3, the erroneous instruction(s) previously issued in this regard to the Escrow Collection BankBanks, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 3.1.1. The Parties acknowledge Escrow Collection Bank agrees that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may shall also participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank. The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and the Registrar in this regard. 3.1.2 3.1.2. The Anchor Investor Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors collected by the BRLMs on the Anchor Investor Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iSection 2.2 (a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 3.1.3. The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 3.1.4. In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company BRLMs may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Company, the Promoter Selling ShareholdersShareholder and the Registrar to the Offer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead ManagersBRLMs, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) instructions previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions issued in accordance with this Section 3.1.4 without any further actaction, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company BRLMs in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that3.1.5. Parties acknowledge that for every Bid entered in the Stock Exchange’s bidding platform with UPI as the payment mechanism, in terms of the SEBI ICDR Regulations, ASBA audit trail shall be mandatory for all investors participating maintained by NPCI. The liability to compensate the investor in case of failed transactions shall be with the concerned entity in the ‘ASBA with UPI as the payment mechanism’ process, i.e., the NPCI or the respective Banker to the Offer, other than at whose end the Anchor Investorslifecycle of the transaction ended. Parties further acknowledge that NPCI shall share the audit trail of all disputed transactions/investor complaints with the Bankers to the Offer. The Escrow Collection Bank confirms that they BRLMs shall not accept or process any ASBA Form relating to any ASBA Bidder obtain the audit trail from the Designated Intermediaries, except in its capacity as an SCSBBankers to the Offer for analysis and fixation of liability. The Escrow Collection Bank shall strictly follow BRLMs shall, in their sole discretion, identify and fix the instructions of liability on the Book Running Lead Managers and intermediary responsible for the Registrar delay in this regardunblocking.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all Bidders (investors participating in the Issue, other than the Anchor Investors) are required . The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to mandatorily submit their Bids through any ASBA Bidder from any Designated Intermediary in its capacity as the ASBA process Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Manager and UPI Bidders may also participate the Registrar to the Issue in the Offer through the UPI Mechanismthis regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on Investors, during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Issue Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the specific Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Cash Escrow Account, Public Offer Issue Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or Manager and the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicablenecessary, and with a copy to the Selling ShareholdersRegistrar to the Issue, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Cash Escrow Account, the Public Offer Issue Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Manager or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Issue Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or Manager and/or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 3.1.1. The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may shall also participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank. 3.1.2 3.1.2. The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors collected by the BRLMs on the Anchor Investor Bid/Offer Period in the manner set forth in the Red Xxxxxxx Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iSection 2.2 (a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 3.1.3. The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 3.1.4. In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company BRLMs may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling ShareholdersCompany and the Registrar to the Offer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead ManagersBRLMs, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) instructions previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions issued in accordance with this section without any further actaction, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company BRLMs in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that3.1.5. Parties acknowledge that for every Bid entered in the Stock Exchange’s bidding platform, in terms of the SEBI ICDR Regulations, ASBA audit trail shall be mandatory for all investors participating maintained by NPCI with UPI as the payment mechanism. The liability to compensate the investor in case of failed transactions shall be with the concerned entity in the ‘ASBA with UPI as the payment mechanism’ process, i.e., the NPCI or the respective Banker to the Offer, other than at whose end the Anchor Investorslifecycle of the transaction ended. Parties further acknowledge that NPCI shall share the audit trail of all disputed transactions/investor complaints with the Bankers to the Offer. The Escrow Collection Bank confirms that they BRLMs shall not accept or process any ASBA Form relating to any ASBA Bidder obtain the audit trail from the Designated Intermediaries, except in its capacity as an SCSBBankers to the Offer for analysis and fixation of liability. The Escrow Collection Bank shall strictly follow BRLMs shall, in their sole discretion, identify and fix the instructions of liability on the Book Running Lead Managers and intermediary responsible for the Registrar delay in this regardunblocking.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all Bidders (investors participating in the Offer, other than the Anchor Investors) are required . The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to mandatorily submit their Bids through any ASBA Bidder from any Designated Intermediary in its capacity as the ASBA process Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Managers and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on Investors, during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the specific Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Cash Escrow Account, Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or and the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicablenecessary, and with a copy to the Registrar to the Offer and the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Cash Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Managers or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or Managers and/or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 3.1.1. The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may shall also participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank. The Escrow Account shall strictly follow the instructions of the BRLMs and the Registrar in this regard. 3.1.2 3.1.2. The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors during the Anchor Investor Bid/Offer Period in the manner set forth in the Red Xxxxxxx Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iSection 2.2 (a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 3.1.3. The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 3.1.4. In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or BRLMs (with a copy to the Company, the Selling Shareholders and the Registrar or to the Company Offer), may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised written instructions in writing shall be issued promptly upon any of the Book Running Lead ManagersBRLMs, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) instructions previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions issued in accordance with this Section 3.1.4 without any further actaction, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company BRLMs in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that3.1.5. Parties acknowledge that for every Bid entered in the Stock Exchange’s bidding platform with UPI as the payment mechanism, in terms of the SEBI ICDR Regulations, ASBA audit trail shall be mandatory for all investors participating maintained by NPCI. The liability to compensate the investor in case of failed transactions shall be with the concerned entity in the ‘ASBA with UPI as the payment mechanism’ process, i.e., the NPCI or the respective Banker to the Offer, other than at whose end the Anchor Investorslifecycle of the transaction ended. Parties further acknowledge that NPCI shall share the audit trail of all disputed transactions/investor complaints with the Bankers to the Offer. The Escrow Collection Bank confirms that they BRLMs shall not accept or process any ASBA Form relating to any ASBA Bidder obtain the audit trail from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow Bankers to the instructions Offer for analysis and fixation of the Book Running Lead Managers and the Registrar in this regardliability.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Retail Individual Bidders may also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iSection 2.2(a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Company, the Selling ShareholdersShareholders and the Registrar to the Offer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company Managers in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated IntermediariesIntermediaries or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank, except in its capacity as an SCSB. The Escrow Collection Bank Banks shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also are required to mandatorily participate in the Offer through the UPI Mechanism. Anchor Investors are not permitted to Bid through the ASBA process in the Offer. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar to the Offer in this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iClauses 2.2(a)(i) and (ii) of this Agreement at their designated branches, on the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement this Agreement, and shall be credited upon realization realisation to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Bid Amount paid by the Anchor Investor Allocation PriceInvestor(s), then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow AccountsDate. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. Additionally, in the event the Offer Price is higher than the Anchor Investor Bid Amounts, then any incremental amount collected from the Anchor Investors until the pay-in date for Anchor Investor mentioned in the CAN shall also be credited to the relevant Escrow Account. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of and in trust for the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(a2.2(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or Managers, the Company and the Registrar or the Company may, with prior notice to the respective Promoter Selling Shareholder and pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of by the Book Running Lead Managers, the Company or the Registrar to the Offer Party giving such instructions on becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions in accordance with this Clause 3.1.4 without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4delivered. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the BRLM and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on during the Anchor Investor Bid/Bid/ Offer Period, Period in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, in the appropriate Anchor Escrow Accounts (created pursuant to Clause 2.5(a) above and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the Escrow Accounts specified in Clause 2.3(a)2.5. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Accounts, Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers BRLM (with copy to the Registrar, Company and each Selling Shareholder), the Company (with copy to the BRLM, Registrar and each Selling Shareholder) or the Registrar or (with copy to the BRLM, Company and each Selling Shareholder) may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead ManagersBRLM, Registrar or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this Clause 3.1.4 without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, BRLM and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all Bidders (investors participating in the Offer, other than the Anchor Investors) are required . The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to mandatorily submit their Bids through any ASBA Bidder from any Designated Intermediary in its capacity as the ASBA process Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Lead Managers and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on deposited, during the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement Agreement, with the Escrow Collection Bank at its designated branch, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor of the Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts Account to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers (with copy to the Registrar, Company and each Selling Shareholder) and the Company (with copy to the Registrar, Lead Managers and each Selling Shareholder) or the Registrar or (with copy to the Company Company, Lead Managers and each Selling Shareholder) may, pursuant to an a written intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised written instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow AccountAccounts, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Managers or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Parties. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised written instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and all UPI Bidders may shall also mandatorily participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (iiSection 2.2(a) of this Agreement on the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and with a copy to the Company, the Selling ShareholdersShareholders and the Registrar to the Offer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company Managers in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA shall be mandatory for all investors participating process and UPI Bidders are required to mandatorily participate in the Offer, other than Offer through the Anchor InvestorsUPI Mechanism. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated IntermediariesIntermediaries or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and the UPI Bidders may also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall to be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to into the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall also be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer payment instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instruction as per this clause, without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 a. The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also are required to mandatorily participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and the Registrar to the Offer in this regard. 3.1.2 b. The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on during the Anchor Investor Bid/Bid/ Offer Period, Period in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 c. The transfer payment instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the Escrow Accounts specified in Clause 2.3(a)2.5. 3.1.4 d. In the event of any inadvertent error in calculation of any amounts to be transferred from to the Escrow Accounts to the Account, Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers BRLMs (with copy to the Registrar, Company and each Selling Shareholder), the Company (with copy to the BRLMs, Registrar and each Selling Shareholder), or the Registrar or (with copy to the BRLMs, Company and each Selling Shareholder) may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead ManagersBRLMs, Registrar or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this Clause 3.1d without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4delivered. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids ), including the Margin Amounts, collected by the Anchor Investors members of the Syndicate during the Bidding Period shall be deposited by the Anchor Investors with any of the Escrow Collection Bank with whom Banks at their designated branches or at the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) designated branches of this Agreement on the Anchor Investor Bid/Offer Periodtheir Correspondent Bank(s), in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement if any, and shall be credited upon realization to the appropriate Escrow Accounts. In additionAdditionally, any amounts collected, from the members of the Syndicate or their respective clients in relation to any part of the event Offer after the Anchor Investor Offer Price is higher than Closing Date up to (and including) the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties and credited to the Underwriting Agreementappropriate Escrow Accounts. All amounts lying to the credit credit, except the Benefits, of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 3.1.2 The transfer instructions for payment into deposits in the Escrow Accounts shall Account(s) should be made in favor the following manner: (a) in case of the resident QIB Bidders, “Escrow Accounts specified Account – COMPANY Public Offer-QIB-R”; (b) in Clause 2.3(a).case of Non-Resident QIB Bidders, “Escrow Account – COMPANY Public Offer-QIB-NR”; 3.1.4 (c) in case of resident Retail Individual Bidders, “Escrow Account- COMPANY Public Offer- R”; (d) in case of Non-Resident Bidders, “Escrow Account- COMPANY - Public Offer-NR”; (e) in case of Eligible Employees, “Escrow Account- COMPANY Public Offer- Employee- R”; and (f) In the event case of any inadvertent error in calculation of any amounts to be transferred from the Eligible Employees who are also Eligible NRIs: " Escrow Accounts to the Account – COMPANY Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.– Employee- NR”

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge Escrow Collection Bank acknowledges that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirms that it shall not accept any ASBA Bids or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and UPI Bidders may also participate in the Registrar to the Offer through the UPI Mechanismin this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(iClauses 2.2(a)(i) and (ii) of this Agreement at their designated branches, on the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement Agreement, and shall be credited upon realization realisation to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Bid Amount paid by the Anchor Investor Allocation PriceInvestor(s), then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow AccountsDate. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. Additionally, in the event the Offer Price is higher than the Anchor Investor Bid Amounts, then any incremental amount collected from the Anchor Investors until the pay-in date for Anchor Investor mentioned in the CAN shall also be credited to the relevant Escrow Account. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of and in trust for the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(a2.2(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or Managers, the Company and the Registrar or the Company may, with prior notice to the respective Selling Shareholders and pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy to the Selling Shareholders, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of by the Book Running Lead Managers, the Company or the Registrar to the Offer Party giving such instructions on becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions in accordance with this Clause 3.1.4 without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company in terms of this Clause 3.1.4delivered. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also are required to mandatorily participate in the Offer through the UPI Mechanism. Anchor Investors are not permitted to Bid through the ASBA process in the Offer. The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and the Registrar to the Offer in this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, Preliminary Offering Memorandum and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Banks at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the Escrow Accounts specified in Clause 2.3(a)2.5. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred to or from the Escrow Accounts to the Account, Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers (with copy to the Registrar, Company and Promoter Selling Shareholder), the Company (with copy to the Book Running Lead Managers, Registrar and Promoter Selling Shareholder) or the Registrar or (with copy to the Book Running Lead Managers, Company and Promoter Selling Shareholder) may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Registrar or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this Clause 3.1.4 without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also are required to mandatorily participate in the Offer through the UPI Mechanism. The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and the Registrar to the Offer in this regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Pay-in In Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the Escrow Accounts specified in Clause 2.3(a)2.5. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from to the Escrow Accounts to the Account, Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers (with copy to the Registrar, Company and Selling Shareholder), the Company (with copy to the Book Running Lead Managers, Registrar and Selling Shareholder) or the Registrar or (with copy to the Book Running Lead Managers, Company and Selling Shareholder) may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Registrar or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this Clause 3.1.4 without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Company or the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all Bidders (investors participating in the Issue, other than the Anchor Investors) are required . The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to mandatorily submit their Bids through any ASBA Bidder from any Designated Intermediary in its capacity as the ASBA process Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Managers and UPI Bidders may also participate the Registrar to the Issue in the Offer through the UPI Mechanismthis regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on Investors, during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, and the Syndicate Agreement Agreement, shall be deposited with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Issue Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the specific Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Cash Escrow Account, Public Offer Issue Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or and the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicablenecessary, and with a copy to the Selling ShareholdersRegistrar to the Issue, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Cash Escrow Account, the Public Offer Issue Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, Managers or the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Party. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Issue Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or Managers and/or the Company in terms of this Clause 3.1.4clause. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may shall also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (iiSection 2.2(a) of this Agreement on the Anchor Investor Bid/Offer PeriodBidding Date, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made in favor of the Escrow Accounts specified in Clause 2.3(aSection 2.2(a). 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from the Escrow Accounts to the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or the Registrar or the Company may, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and with a copy to the Company, the Selling ShareholdersShareholders and the Registrar to the Offer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow Account, the Public Offer Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, the Company or the Registrar to the Offer becoming aware of such error having occurred (or erroneous instruction having been delivered). On the issuance of revised written instructions in accordance with this Clause Section 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, the Registrar and / or the Company Managers in terms of this Clause Section 3.1.4. 3.1.5 The Escrow Collection Bank agrees that, in terms of the SEBI ICDR Regulations, ASBA shall be mandatory for all investors participating in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated IntermediariesIntermediaries or process any ASBA Form relating to any ASBA Bidder in its capacity as the Escrow Collection Bank, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard.

Deposits into the Escrow Accounts. 3.1.1 3.1.1. The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process and UPI Bidders may also participate in the Offer through the UPI Mechanism. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on the Anchor Investor Bid/Offer Period, in the manner set forth in the Red Xxxxxxx Prospectus and the Syndicate Agreement and shall be credited upon realization to the appropriate Escrow Accounts. In addition, in the event the Anchor Investor Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amounts shall be deposited into the relevant Escrow Accounts by the Anchor Investors on or before the Anchor Investor Pay-in Date and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer payment instructions for payment into the Escrow Accounts shall be made in favor favour of the Escrow Accounts specified in Clause 2.3(a)2.3. 3.1.4 3.1.2. The Escrow Collection Bank confirms that it shall not accept any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regard. 3.1.3. In the event of any inadvertent error in calculation of any amounts to be transferred from to the Escrow Accounts to Account, the Public Offer Account or the Refund Account, as the case may be, the Book Running Lead Managers or and the Registrar or may, with prior written notice to the Company may, and the Selling Shareholders and pursuant to an a written intimation to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, and a copy Bankers to the Selling ShareholdersOffer, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Account Bank or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow AccountAccounts, the Public Offer Account or the Refund Account, as the case may be, provided that such revised written instructions in writing shall be issued promptly upon any of by the Book Running Lead Managers, the Company or the Registrar to the Offer Parties giving such instructions becoming aware of such error having occurred (or erroneous instruction having been delivered)) and a copy of such written instructions shall be provided to the Company. On the issuance of revised written instructions in accordance with as per this Clause 3.1.43.1.3, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, Bankers to the Public Offer Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this Clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, Managers and/or the Registrar and / or the Company in terms of this Clause 3.1.4Clause. 3.1.5 3.1.4. The Parties acknowledge that for every bid entered in the Stock Exchange’s bidding platform, the audit trail shall be maintained by NPCI. The liability to compensate the investor in case of failed transactions shall be with the concerned entity in the ‘ASBA with UPI as the payment mechanism’ process (Sponsor Banks/ NPCI/Public Offer Bank/Escrow Collection Bank agrees that, in terms Bank/Refund Bank) at whose end the lifecycle of the SEBI ICDR Regulations, ASBA transaction has come to a halt. Parties acknowledge that NPCI shall be mandatory for share the audit trail of all investors participating in disputed transactions/investor complaints with the Offer, other than the Anchor Investorsrespective Sponsor Banks. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers shall obtain the audit trail from Public Offer Bank/Escrow Collection Bank/Refund Bank /Sponsor Banks for analysis and the Registrar in this regardfixation of liability.

Deposits into the Escrow Accounts. 3.1.1 The Parties acknowledge that all Bidders (other than Anchor Investors) are required to mandatorily submit their Bids through the ASBA process. The Escrow Collection Bank confirms that it shall not accept any ASBA Bid or process any ASBA Form relating to any ASBA Bidder from any Designated Intermediary in its capacity as the Escrow Collection Bank, except in its capacity as a SCSB. The Escrow Collection Bank shall strictly follow the instructions of the BRLMs and UPI Bidders may also participate the Registrar to the Issue in the Offer through the UPI Mechanismthis regard. 3.1.2 The Bid Amounts (in Indian Rupees only) relating to Bids by from the Anchor Investors shall be deposited by the Anchor Investors with the Escrow Collection Bank with whom the Escrow Accounts have been established in accordance with Clause 2.3(a)(i) and (ii) of this Agreement on Investors, during the Anchor Investor Bid/Offer Period, Bidding Date in the manner set forth in the Red Xxxxxxx Prospectus Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement Agreement, shall be deposited by such respective Anchor Investors with the Escrow Collection Bank at their designated branches, and shall be credited upon realization to the appropriate Escrow AccountsAccounts in the manner set forth in the Red Xxxxxxx Prospectus, the Preliminary Offering Memorandum and the Syndicate Agreement. In addition, in the event the Anchor Investor Offer Issue Price is higher than the Anchor Investor Allocation Price, then then, any incremental amounts shall be deposited into the relevant Escrow Accounts by from the Anchor Investors on or before until the Anchor Investor Investors Pay-in Date shall also be deposited into and shall be credited upon realization to the relevant Escrow Accounts. Further, any amounts payable by the Underwriters or any other person pursuant to any underwriting obligations in terms of the Underwriting Agreement shall also be deposited into the relevant Escrow Account Accounts maintained with the Escrow Collection Bank prior to finalization of the Basis of Allotment or such other time as may be agreed among the parties to the Underwriting Agreement. All amounts lying to the credit of the Escrow Account Accounts shall be held for the benefit of the Beneficiaries. 3.1.3 The transfer instructions for payment into the Escrow Accounts shall be made drawn in favor favour of the specific Escrow Accounts specified in Clause 2.3(a)2.2 of this Agreement. 3.1.4 In the event of any inadvertent error in calculation of any amounts to be transferred from to the Escrow Accounts to the Accounts, Public Offer Issue Account or the Refund Account, as the case may be, the Book Running Lead Managers BRLMs (with copy to the Registrar and Bank), the Bank (with copy to the BRLMs and Registrar) or the Registrar or (with copy to the Company mayBRLMs and Bank), as the case may be, pursuant to an intimation to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicable, and a copy to the Selling Shareholdersnecessary, provide revised instructions in writing to the Escrow Collection Bank, the Public Offer Issue Account Bank Bank, or the Refund Bank, as applicable, to transfer the specified amounts to the Escrow AccountAccounts, the Public Offer Issue Account or the Refund Account, as the case may be, provided that such revised instructions in writing shall be issued promptly upon any of the Book Running Lead Managers, BRLMs or the Company Bank or the Registrar to the Offer Issue becoming aware of such error having occurred (or erroneous instruction having been delivered)) with a copy to the other Parties. On the issuance of revised written instructions in accordance with as per this Clause 3.1.4, the erroneous instruction(s) previously issued in this regard to the Escrow Collection Bank, the Public Offer Issue Account Bank or the Refund Bank, as applicable, shall stand cancelled and superseded by the revised instructions as per this clause without any further act, intimation or instruction being required from or by any Parties, and the obligations and responsibilities of the respective Parties in this regard shall be construed with reference to the revised instructions so delivered by the Book Running Lead Managers, BRLMs and/or the Bank or the Registrar and / or the Company in terms of this Clause 3.1.4. 3.1.5 clause, and Parties shall cooperate and undertake the necessary actions to ensure that all actions are taken in accordance with the revised instructions so delivered. The remittance and application of amounts credited to the Escrow Collection Bank agrees thatAccounts, in terms of the SEBI ICDR Regulations, ASBA Public Issue Account and Refund Account shall be mandatory for all investors participating appropriated or refunded, as the case may be, on the occurrence of certain events and in the Offer, other than the Anchor Investors. The Escrow Collection Bank confirms that they shall not accept or process any ASBA Form relating to any ASBA Bidder from the Designated Intermediaries, except in its capacity as an SCSB. The Escrow Collection Bank shall strictly follow the instructions of the Book Running Lead Managers and the Registrar in this regardmanner more particularly described herein below.