Common use of SETTLEMENT/CLOSING Clause in Contracts

SETTLEMENT/CLOSING. 9.1 The Parties acknowledge that the (i) Anchor Investor Offer Price has been determined by the Company in consultation with the Book Running Lead Managers, and (ii) the Offer Price has been determined through the book building process, as agreed to by the Company, in consultation with the Book Running Lead Managers, following the completion of the Book Building Process in accordance with the SEBI ICDR Regulations. 9.2 The Company will, in consultation with the Book Running Lead Managers and the Designated Stock Exchange, determine the Basis of Allotment (except with respect to allocation of 60% of QIB Portion to Anchor Investors) of the Equity Shares to successful Bidders based on the Bids received and subject to the confirmation of the Designated Stock Exchange and further in accordance with the SEBI ICDR Regulations. Allocation to Anchor Investors, if any, has been made on a discretionary basis by the Company in consultation with the Book Running Lead Managers, in accordance with Applicable Law. 9.3 Successful Bidders will be provided with Allotment Advice, in the manner set out in the Red Xxxxxxx Prospectus and the Preliminary Offering Memorandum and the Anchor Investors bidding under the Anchor Investor Portion will be provided with a CAN and will be required to pay unpaid amount, if any, with respect to the Equity Shares allocated to them on or prior to the Anchor Investor Pay-in Date.

SETTLEMENT/CLOSING. 9.1 The Parties acknowledge confirm that the (i) Anchor Investor Offer Price, and Anchor Investor Allocation Price has have been determined by the Company Company, in consultation with the Book Running Lead Managers, and (ii) the Offer Price has been determined through the book building process, as agreed to by the CompanyCompany and the Selling Shareholders, in consultation with the Book Running Lead Managers, following the completion of the Book Building Process book building process in accordance with the SEBI ICDR Regulations. 9.2 The Basis of Allotment and all allocations, allotments and transfers of Equity Shares made pursuant to the Offer shall be finalized by the Company will, in consultation with the Book Running Lead Managers BRLMs and the Designated Stock Exchange, determine the Basis of Allotment (except with respect to allocation of 60% of QIB Portion to Anchor Investors) of the Equity Shares to successful Bidders based on the Bids received and subject to the confirmation of the Designated Stock Exchange and further in accordance with the SEBI ICDR RegulationsApplicable Law. Allocation to Anchor Investors, if any, has been shall be made on a discretionary basis by the Company in consultation with the Book Running Lead ManagersBRLMs, in accordance with Applicable Law. 9.3 Successful Bidders will be provided with the Allotment Advice, Advice in the manner set out in the Red Xxxxxxx Prospectus and the Preliminary Offering Memorandum and the Anchor Investors bidding Bidders under the Anchor Investor Portion will be provided with a CAN and will shall be required to pay the unpaid amount, if any, with respect to the Equity Shares allocated to them on or prior to the Anchor Investor Paypay-in-date included in Datethe CAN.

SETTLEMENT/CLOSING. 9.1 The Parties acknowledge that the (i) Anchor Investor Offer Price has and the Offer Price have been determined by the Company in consultation with the Book Running Lead ManagersCompany, Indusage and (ii) the Offer Price has been determined through the book building process, as agreed to by the CompanyXxxxxxx Capital, in consultation with the Book Running Lead Managers, following the completion of the Book Building Process in accordance with the SEBI ICDR Regulations. 9.2 The Company willBasis of Allotment and all allocations, allotments and transfers of Equity Shares made pursuant to the Offer shall be finalized by the Company, Indusage and Xxxxxxx Capital, in consultation with the Book Running Lead Managers and the Designated Stock Exchange, determine the Basis of Allotment (except with respect to allocation of 60% of QIB Portion to Anchor Investors) of the Equity Shares to successful Bidders based on the Bids received and subject to the confirmation of the Designated Stock Exchange and further in accordance with the SEBI ICDR RegulationsApplicable Law. Allocation to Anchor Investors, if any, has been made on a discretionary basis by the Company Company, Indusage and Xxxxxxx Capital, in consultation with the Book Running Lead Managers, in accordance with Applicable Law. 9.3 Successful Bidders will be provided with the Allotment Advice, Advice in the manner set out in the Red Xxxxxxx Prospectus and the Preliminary Offering Memorandum and the Anchor Investors bidding Bidders under the Anchor Investor Portion will be provided with a CAN and will shall be required to pay unpaid the balance amount, if any, with respect to the Equity Shares allocated to them on or prior to the Anchor Investor Paypay-in-date included in Datethe CAN.

SETTLEMENT/CLOSING. 9.1 The Parties acknowledge confirm that the (i) Anchor Investor Offer Price, and Anchor Investor Allocation Price has have been determined by the Company Company, in consultation with the Book Running Lead Managers, and (ii) the Offer Price has been determined through the book building process, as agreed to by the Company, in consultation with the Book Running Lead Managers, following the completion of the Book Building Process book building process in accordance with the SEBI ICDR Regulations. 9.2 The Basis of Allotment (other than with respect to Anchor Investors) and all allocations and transfers of Equity Shares made pursuant to the Offer shall be finalized by the Company will, in consultation with the Book Running Lead Managers BRLMs and the Designated Stock Exchange, determine the Basis of Allotment (except with respect to allocation of 60% of QIB Portion to Anchor Investors) of the Equity Shares to successful Bidders based on the Bids received and subject to the confirmation of the Designated Stock Exchange and further in accordance with the SEBI ICDR RegulationsApplicable Law. Allocation to Anchor Investors, if any, has been shall be made on a discretionary basis by the Company in consultation with the Book Running Lead ManagersBRLMs, in accordance with Applicable Law. 9.3 The Company shall provide the Successful Bidders will be provided with the Allotment Advice, Advice in the manner set out in the Red Xxxxxxx Prospectus and the Preliminary Offering Memorandum and the Anchor Investors bidding Bidders under the Anchor Investor Portion will be provided with a CAN and will shall be required to pay the unpaid amount, if any, with respect to the Equity Shares allocated to them on or prior to the Anchor Investor Paypay-in-date included in Datethe CAN.