Important: You must read and agree with the terms and conditions of the following disclaimer before continuing. The following disclaimer applies to the offering documents of certain companies filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Documents” and each, an “Offering Document”) hosted on this Web site in connection with the public offering of securities (the “Issue”) that Spark Capital Advisors (India) Private Limited is associated with as a Bookrunning Lead Manager/ Co-Bookrunning Lead Manager. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Documents. By accessing the Offering Documents, you agree to follow the following terms and conditions, including any modifications to them from time to time.

The contents of the Offering Documents are for your information only. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Spark Capital Advisors (India) Limited is not soliciting any action based on it, and it should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security. Except where the Offering Document is a final prospectus, Spark Capital Advisors (India) Private Limited does not represent that the content of such Offering Document is complete or comprehensive beyond the date of its filing with SEBI and does not guarantee the accuracy, timeliness or completeness of the information being made available to you in such Offering Document beyond that date.

Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Issue will not be permitted to residents of certain jurisdictions. Accordingly, the Offering Documents are directed at, and are, intended for distribution to, and use by, residents of India only. The Offering Documents are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Spark Capital Advisors (India) Private Limited would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this Web site does not constitute an offer for sale in the United States. The securities described in each of the Offering Documents have not been, and will not be, registered under U.S. Securities Act of 1933, as amended, or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, into the United States unless the securities are so registered or an exemption from the registration requirements is available.

The Offering Documents have been hosted on this Web site as prescribed under Clause 5.6.2(ii) of the SEBI (Disclosures and Investor Protection) Guidelines, 2000 (“SEBI DIP Guidelines”). Spark Capital Advisors (India) Private Limited, one of the Book Running Lead Managers/Co- Book Running Lead Managers has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this Web site are identical to the Offering Document filed with SEBI for its comments in accordance with Clause 2.1.1 of SEBI (DIP) Guidelines. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Spark Capital Advisors (India) Private Limited nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Spark Capital Advisors (India) Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this Web site.

Neither Spark Capital Advisors (India) Private Limited, nor any of its affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this Web site, or resulting from the act or omission of any other party involved in producing or hosting this Web site or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the Web site or these materials.

Please note that forms downloaded and used for subscription to the Issue in contravention of the above will be rejected with no recourse to Spark Capital Advisors (India) Private Limited or the issuer.

For US:

Spark Capital Advisors (India) Private Limited (“Spark”) is registered with the Securities and Exchange Board of India (“SEBI”) as a stock broker, depository participant, merchant banker and research analyst. Spark is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934 (the “Exchange Act”) and under the applicable state laws in the United States. In reliance with the exemption from registration provided in Rule 15a-6 of the Exchange Act¸ Spark has entered into chaperoning agreements with U.S. registered broker dealers. Spark offers its services to major US institutional investors and US institutional investors including private placements, investment banking, corporate financing activities, distribution of its research reports and secondary market trading through its U.S. registered broker dealers.

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