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You may exercise any one of the following options with regard to the Equity Shares offered to you, using the
enclosed CAF:
Sr.
No
Option Available
Action Required
1
Accept whole or part of your
entitlement without renouncing
the balance
Fill in and sign Part A (All joint holders must sign)
2.
Renounce all the Equity Shares
offered to you to one person
(joint Renouncees are deemed
as one person) without your
applying for any of the Equity
Shares offered to you
Fill in and sign Part B indicating the number of Equity Shares
renounced in Block VII and handover the ENTIRE FORM to
the Renouncee. The Renouncee/ joint Renouncee(s) must fill
in and sign Part C of CAF.
3
Accept your entitlement in full
and apply for additional Equity
Shares
Fill in and sign Part A including Block III relating to
the acceptance of entitlement and Block IV relating to
additional Equity Shares (All joint holders must sign)
4
Renounce your entitlement in
full to one person (Joint
Renouncees are considered as
one)
Fill in and sign Part B (all joint holders must sign) indicating
the number of Equity Shares renounced and hand it over to the
Renouncee. The Renouncees must fill in and sign Part C (All
joint Renouncees must sign)
5
Accept
a
part
of
your
entitlement and renounce the
balance
to one or more
Renouncee(s) OR Renounce all
your entitlement offered to you
to more than one Renouncee
Please note that once you
renounce your shares, you can
not apply for additional shares
in the Issue. Also, a
renouncee
can
apply
for
additional shares if and only if
all the entitlements have been
renounced in his favour by the
original holder.
Fill in and sign Part D (all joint holders must sign)
requesting for Split Application Forms. Send the CAF to
the Registrar to the Issue so as to reach them on or before
the last date for receiving requests for Split Forms.
Splitting will be permitted only once. On receipt of the Split
Form take action as indicated below:
For the Equity Shares you wish to accept, if any, fill in and
sign Part A. For the Equity Shares you wish to renounce, fill in
and sign Part B indicating the number of Equity Shares
renounced and hand it over to the Renouncee(s). Each of
the Renouncee should fill in and sign Part C for the Equity
Shares accepted by them.
6
Introduce a joint holder or
change the sequence of joint
holders. This will be treated as
a renunciation.
Fill in and sign Part B and the Renouncee must fill in and sign
Part C.
Acceptance of the Rights Issue
You may accept the Offer and apply for Equity Shares offered, either in full or in part by filling Part A of
the enclosed CAF and submit the same along with the application money payable to the Bankers to the Issue
or any of the branches as mentioned on the reverse of the CAF before the close of the banking hours on or
before the Issue Closing Date or such extended time as may be specified by the Board of Directors of the
Company thereof in this regard. Applicants at centers not covered by the branches of collecting banks can send
their CAF together with the cheque/ demand draft /net of bank and postal charges, payable at Chennai to the
Registrar to the Issue by registered post. Such applications sent to anyone other than the Registrar to the Issue
are liable to be rejected.
The CAF should be complete in all respects, as explained in the INSTRUCTIONS indicated in the CAF. If any
portion of the CAF is / are detached or separated, such application is liable to be rejected.
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Application for additional Equity Shares
You are also eligible to apply for additional Equity Shares over and above your Rights Entitlement provided
that you have applied for all Equity Shares offered to you without renouncing them in full or in part. However,
the additional Equity Shares cannot be renounced in full or in part, in favour of any other person(s).
If you desire to apply for additional Equity Shares, you may fill in the number of additional Equity Shares in
Part A of the CAF. The allotment of additional Equity Shares will be at the sole discretion of the Board on an
equitable basis with reference to the number of Equity Shares held by you on the Record Date in consultation
with the Designated Stock Exchange. In the case of requests for additional Equity Shares by Non Residents, the
allotment will be subject to the approval of Reserve Bank of India. The Board may reject any application for
additional Equity Shares without assigning any reasons thereof. The Renouncee can also make an application
for additional shares.
Renunciation
You may renounce all or any of the Equity Shares, you are entitled to in favour of any individual, limited
companies, or statutory corporations / institutions. However renunciation in favour of more than three persons
as joint holders, trust or society (unless the same is registered under the Societies Registration Act, 1860 or any
other applicable trust laws and is authorised under its constitution to hold shares in a company), OCBs, minors
(unless acting through natural or legal guardians), Partnership Firms, or their nominees, or any of them will not
be accepted.
Renunciation in favour of Non – Residents/ FIIs
Any renunciation from Resident(s) to Non- Resident(s) is subject to the renouncer(s)/ Renouncee(s) obtaining
requisite approval(s) of the FIPB and/or necessary permission of the RBI under the Foreign Exchange
Management Act, 1999 (FEMA) and the said permission must be attached to the CAF.
Procedure for renunciation
The right of renunciation is subject to the express condition that the Board shall be entitled in its
absolute discretion to reject the request for allotment to Renouncee(s) without assigning any reason
thereof.
i.
To renounce the whole offer in favour of one Renouncee
If you wish to renounce the offer indicated in Part A, in whole, please complete Part B of the CAF. In case
of joint holding, all joint holders must sign Part B of the CAF. The person in whose favour renunciation
has been made should complete and sign Part C of the CAF. In case of joint Renouncees, all joint
Renouncees must sign this part C of the CAF.
Renoncee(s) shall not be entitled to further renounce the entitlement in favour of any other person.
ii.
To renounce in part/ or renounce the whole to more than one person(s)
If you wish to either accept this Offer in part and renounce the balance or renounce the entire offer in
favour of two or more Renouncees, the CAF must be first split into requisite number of forms. Please
indicate your requirement of split forms in the space provided for this purpose in Part D of the CAF and
return the entire CAF to the Registrar to the Issue so as to reach them latest by the close of business hours
on the last date of receiving requests for split forms i.e. [*] On receipt of the required number of split
forms from the Registrar to the Issue, the procedure as mentioned in paragraph (i) above shall have to be
followed. Requests for split forms will be entertained only once.
In case the signature of the equity Shareholder(s), who has renounced the Equity Shares, does not agree
with the specimen registered with the Company, the application is liable to be rejected.
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