Common use of PUBLICITY FOR THE OFFER Clause in Contracts

PUBLICITY FOR THE OFFER. 11.1 Each of the Company and the Selling Shareholders, severally and not jointly, agree that it has and shall, during the restricted period, as described in the publicity guidelines/memorandum dated February 11, 2021 (“Publicity Memorandum”) provided by the BRLMs or the legal counsel appointed for the purpose of the Offer, at all times have complied and shall comply with the Publicity Memorandum and obtain the prior written approval of the BRLMs (which approval shall not be unreasonably withheld) in respect of all advertisements, press releases, publicity material or any other media communications in connection with the Offer and shall make available to the BRLMs, copies of all such Offer related material. The Company and the Selling Shareholders shall, and shall ensure that their respective officers, employees and all persons acting on their behalf shall, comply with Applicable Law and the Publicity Memorandum and, in particular, shall not make any statement, or release any material or other information which is misleading or incorrect or which is not disclosed in the Offer Documents or is otherwise extraneous to the contents of the Offer Documents, or that does not conform to the SEBI ICDR Regulations and the Publicity Memorandum. 11.2 Subject to Applicable Law, the BRLMs may, at their own expense place advertisements in newspapers, other external publications and include in such pitch-books, describing their involvement in the Offer and the services rendered by them, and may use the Company’s and the Selling Shareholders’ name and logo(s) in this regard. The BRLMs agree that such advertisements shall be issued only after the date on which the Equity Shares under the Offer are approved for trading on the Stock Exchanges and, in the

PUBLICITY FOR THE OFFER. 11.1 Each of the Company and the Selling Shareholders, severally and not jointly, agree that it has and shall, during the restricted period, as described in the publicity guidelines/memorandum dated February 11September 23, 2021 (“Publicity Memorandum”) provided by the BRLMs or the legal counsel appointed for the purpose of the Offer, at all times have complied and shall comply with the Publicity Memorandum and obtain the prior written approval of the BRLMs (which approval shall not be unreasonably withheld) in respect of all advertisements, press releases, publicity material or any other media communications in connection with the Offer and shall make available to the BRLMs, copies of all such Offer related material. The Company and the Selling Shareholders shall, and shall ensure that their respective officers, employees and all persons acting on their behalf shall, comply with Applicable Law and the Publicity Memorandum and, in particular, shall not make any statement, or release any material or other information which is misleading or incorrect or which is not disclosed in the Offer Documents or is otherwise extraneous to the contents of the Offer Documents, or that does not conform to the SEBI ICDR Regulations and the Publicity Memorandum. 11.2 Subject to Applicable Law, the BRLMs may, at their own expense place advertisements in newspapers, other external publications and include in such pitch-books, describing their involvement in the Offer and the services rendered by them, and may use the Company’s and the Selling Shareholders’ name and logo(s) in this regard. The BRLMs agree that such advertisements shall be issued only after the date on which the Equity Shares under the Offer are approved for trading on the Stock Exchanges and, in thethe event that approval for trading on each of the Stock Exchanges occurs on different dates, the later date shall be the relevant date for purposes of this Clause 11.