Common use of Failure of the Offer after the Designated Date Clause in Contracts

Failure of the Offer after the Designated Date. 3.2.2.1. After the funds (including funds received from ASBA Bidders and Anchor Investors) are transferred to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations or any other Applicable Laws, the BRLMs shall intimate the Public Offer Account Bank, Refund Bank and the Registrar in writing to transfer amount from the Public Offer Account to the refund account, in the form specified in Schedule XIII, hereto (with a copy to the Company and the Promoter Selling Shareholder). On receipt of intimation from the BRLMs of the failure of the Offer as per Clause 3.

Failure of the Offer after the Designated Date. 3.2.2.1. 3.2.2.1 After the funds (including funds received from ASBA Bidders and Anchor Investors) are transferred from the Cash Escrow Accounts and the ASBA Accounts to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations or any other Applicable LawsLaw, the BRLMs shall intimate the Public Offer Account Bank, Refund Bank and the Registrar in writing to transfer amount from the Public Offer Account to the refund accountRefund Account, in the form specified in Schedule XIIIXII, hereto (with a copy to the Company and the Promoter Selling ShareholderShareholders). .. On receipt of intimation from the BRLMs of the failure of the Offer as per Clause 3.

Failure of the Offer after the Designated Date. 3.2.2.1. 3.2.2.1 After the funds (including funds received from ASBA Bidders and Anchor Investors) are transferred to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations or any other Applicable LawsLaw, the BRLMs shall intimate the Public Offer Account Bank, Refund Bank and the Registrar in writing to transfer amount from the Public Offer Account to the refund accountRefund Account, in the form specified in Schedule XIII, hereto (with a copy to the Company and the Promoter Selling ShareholderShareholders). On receipt of intimation from the BRLMs of the failure of the Offer as per Clause 3.

Failure of the Offer after the Designated Date. 3.2.2.1. After the funds (including funds received from ASBA Bidders and Anchor Investors) are transferred to the Public Offer Account, in the event that the listing of the Equity Shares does not occur in the manner described in the Offer Documents, SEBI ICDR Regulations or any other Applicable Laws, the BRLMs shall intimate the Public Offer Account Bank, Refund Bank and the Registrar in writing to transfer amount from the Public Offer Account to the refund accountRefund Account, in the form specified in Schedule XIII, hereto (with a copy to the Company and the Promoter Selling ShareholderShareholders). On receipt of intimation from the BRLMs of the failure of the Offer as per Clause 3.