Management team

Mr. Tarun Sinha

Mr. Yeshil S Mehta

Executive Director - Mahadhan AgriTech Limited

Mr. Yeshil S Mehta is the Executive Director of Mahadhan AgriTech Limited and is spearheading the Crop Nutrition Business. In this role, he is primarily responsible for P&L Management, Strategy Development & Execution, Managing Strategic Growth & Business Transformation for the Crop Nutrition Business.

Yeshil has done his Management from Harvard Business School [USA] and brings with him a rich experience of working with Bain & Company, Desai Fruits & Vegetables (DFPCL) and has also been working on the Agri value chain addition.

Mr. Tarun Sinha

Mr. Tarun Sinha

President – Technical Ammonium Nitrate

Mr. Tarun Sinha is President – Technical Ammonium Nitrate (TAN) and is primarily responsible for P&L Management, including Strategy Development & Execution, and managing Strategic Alliances for the TAN Business.

Mr. Sinha has over 30 years of combined experience in the mining and steel industries, with a proven track record of working at international locations such as Malaysia, Indonesia, Singapore and USA, including responsibilities spanning Canada, Mexico, Philippines, China, Vietnam, Thailand and Brunei, during which time he held responsibilities for P&L Management, Strategy Development & Execution, Managing Joint Ventures, Mergers and Acquisitions, Business Development, Sales, Marketing and Key/Global Account and Commercial Contracts Management.

He spent 24 years working with Orica, World’s largest explosives manufacturer, in different roles spanning different countries. Prior to DFPCL, he worked in BlueScope Steel-Nippon Steel Joint Venture as the President of the JV’s downstream business in Singapore during which time he also led the JV’s Downstream Strategy Development for South East Asia.

He has a Bachelor of Technology (Mining Engineering) degree from Indian School of Mines, Dhanbad.

Mr. Raghunath Kelkar

Mr. Raghunath Kelkar

President – Industrial Chemicals

Mr. Raghunath Kelkar is primarily responsible for the P&L Management of Industrial Chemicals Business including Strategic Development & Execution.

Mr. Kelkar has over 42 years of rich experience of the Industrial Chemicals Marketing and Plant Operations including dealing with commodity, specialty chemicals, paints and coatings and specialty adhesives.

During his career, he was also associated with KLJ Group of Companies, Schenectady Herdillia Ltd, Surfa Coats (I) Ltd., Technical Trading Company – Muscat, Jubilant Life Sciences and Garware Paints Ltd.

He holds a Graduate Degree in Chemical Engineering from the Indian Institute of Technology, Delhi.

Pandurang Landge

Mr. Pandurang Landge

President – Manufacturing (Cluster 1, 2 & NPD)

Mr. Pandurang Landge is currenting holding the role of President – Manufacturing (Cluster 1, 2 & NPD). In this role he is responsible for Manufacturing operations along with Manufacturing operation support to new plants being set up at Gopalpur & Dahej and New Product Development. He was earlier heading Commercials & Strategic Growth, new products development and transformation projects.

Mr. Landge has 39 years of domestic and overseas experience of operations, projects conceptualisation, projects and product development, execution, commercialisation and running businesses. He started his career with Rashtriya Chemicals & Fertilizers (RCF) with responsibilities of project execution and operations of Ammonia plants and spent 20 years in Saudi Arabia as head of a startup which was built to a US$ 1 Bn company.

He holds a Graduate Degree in Chemical Engineering from University Department of Chemical Technology (UDCT), Bombay University.

Subhash Anand

Mr. Subhash Anand

President & Chief Financial Officer

Mr. Subhash Anand is President & Chief Financial Officer and has rich experience in Strategic Advisory & Planning, M&A, working on Business & Financial Strategies, Business Finance including Taxation - Investor Relations - Treasury Management, Business Analysis, Capex-capital Evaluations, Business Process Restructuring, Digitisation etc.

Mr. Anand has a career span of 30+ years, wherein he has worked both with multinational and Indian companies, of which the last 20 years+ were in a significant leadership role within the Finance Function. Before joining us, he was associated with Hero Cycles Ltd. as Group CFO / Advisor, and was also associated with Solara Active Pharma Sciences Ltd. (as ED & CFO), PI Industries Ltd. (as President & CFO), Whirlpool of India Ltd. (Vice President Finance), Sterlite Industries (I) Ltd and Hindustan Copper Ltd.

Mr. Anand is a qualified AICWA (India) & Certified Management Accountant (CMA) from Institute of Management Accountants (USA).

Romy Sahay

Mr. Romy Sahay

President – Human Resources

Mr. Romy Sahay is primarily responsible for setting up various HR systems & processes and scaling it up to a global level, aligning HR to deliver business results and driving strategy to execution.

Mr. Sahay has over 28 years of experience in leading HR for multi-units and large geographically distributed workforce and has previously worked as a Vice President & Head HR (Global Manufacturing Operations) at Dr. Reddy’s Laboratories. He has also been associated with TELCO, ITC and ITC Infotech.

He holds a Graduate Degree in Electrical & Electronics Engineering from Birla Institute of Technology (BIT), Mesra, and Post-Graduation Management in Personnel Management & Industrial Relations from Xavier Labour Relations Institute (XLRI), Jamshedpur.

Romy Sahay

Mr. Prikshit (Rishi) Agarwal

President – Strategy

Mr. Rishi Agarwal is President – Strategy and is responsible for enabling strategy execution, strengthening systems and processes to create a robust and fast paced performance driven organizations and focusing on strategic alliances to speeden our growth journey.

Mr. Agarwal has rich experience in operations and strategy consulting. He has worked with clients in the chemicals, consumer goods, retail, telecom, tourism, and automotive sectors across issues around strategy, growth, pricing, marketing, organizational design, venture fund management, sustainability, and M&A. He has led multiple large scale, multi-year transformation projects for Indian and global clients. He brings with him rich experience in the fields of corporate strategy, business development, mergers & acquisitions, solving complex problems, facilitation of long-term strategy, strategic due diligence, supply chain, investment strategy, commercialization strategy, etc.

Prior to joining us, he was associated as a “Partner” with Strategy& (Part of PwC Network); he was also associated with FSG Consulting [as Managing Director – Head Asia], Russell Reynolds Associates [as Executive Director India], Monitor Group [Monitor Deloitte] and Unilever.

Mr. Agarwal has done his Master of Business Administration from Saïd Business School, University of Oxford and PG Diploma in Management from Indian Institute of Management (IIM) Kozhikode.

Pandurang Landge

Mr. Prasad Joglekar

President – Commercial

Mr. Prasad Joglekar is President – Commercial and is primarily responsible for Strategic Sourcing and Supply Chain Management.

Mr Joglekar has over 30 years of rich experience in Strategic Sourcing, Supply Chain Management, Logistics, Procurement of Commodity & Specialty Chemical, Contract Manufacturing, Capital Equipment Buying etc.

Prior to joining us he was associated with Jubilant Ingrevia Limited as President – Supply Chain. He was also associated with Jindal Films Limited, Avantor Performance Material Inc, E. I. DuPont India Private Limited, Micro Inks Limited and various business units of Vedanta Resources.

Mr. Joglekar has done his Master’s in Business Administration (Marketing) from Institute of Management Studies, Devi Ahilya University and Bachelor’s in Mechanical Engineering from Madhav Institute of Technology & Science, Jiwaji University in Madhya Pradesh.

Mr. Arun Vijayakumar

President – Projects

Mr. Arun Vijayakumar is President – Projects and is primarily responsible for setting up the greenfield expansion / diversification projects across India.

Mr. Vijayakumar has ~26 years of extensive experience in managing integrated and large scale multi-phased complex Engineering, Procurement and Construction (EPC) projects in petrochemical and refining field. Prior to joining DFPCL, he was associated with Hindustan Zinc, Reliance Industries Ltd, Larsen & Toubro Ltd. and Grasim Industries Ltd.

He has done his Bachelor of Engineering from Malaviya Regional Engineering College, Jaipur and MBA from S. P. Jain Institute of Management & Research, Mumbai.

Naresh Pinisetti

Mr. Naresh Kumar Pinisetti

President – Corporate Governance

Mr. Pinisetti is a Post Graduate in Human Resources from NIPM with an Executive MBA from Scandinavian International Management Institute (SIMI) and has completed his B L from College of Law in Andhra University and M.A. in Sociology. He comes with an experience of over 30 years in different facets of Human Resource Development and Industrial Relations.

He was previously associated with Vestas as Director and Regional Head of HR for Asia Pacific and the Bayer Group in India as General Manager – HR. He has traveled extensively across Europe and Asia Pacific and has been exposed to the latest international concepts in People Management. He is the immediate past Chairman of Indian Society for Training & Development, Chennai Chapter and was also the Regional Vice President for the Southern Region.

He is a certified Coach and also a Hogan Graduate.

Mr. Debasish Banerjee

President – Strategic Projects

Mr. Debasish Banerjee is primarily responsible for strategic planning, mergers & acquisitions, structured financing and other strategic projects.

Mr. Banerjee has over 30 years of experience in in the field of corporate finance & strategy, business turnaround / restructuring, costing & budgets, corporate affairs, capital markets, financial planning & control, project financing along with building strong relationship with banks, rating agencies and financial institutions. His previous stints includes position as Chief Financial Officer at Smartchem Technologies Limited (subsidiary of DFPCL) and Haldia Petrochemicals Limited.

He is a qualified Chartered Accountant (Rank Holder) and holds a Graduate Degree in Science (Maths) from Ranchi University.

WEBSITE DISCLAIMER

PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. VIEWING THIS INFORMATION MAY NOT BE LAWFUL IN CERTAIN JURISDICTIONS. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE. BY ACCESSING THIS INFORMATION ON THIS WEBSITE, YOU AGREE TO THE TERMS AND CONDITIONS BELOW, INCLUDING ANY MODIFICATIONS THAT MAY BE MADE TO THEM FROM TIME TO TIME.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES OR OTHER JURISDICTIONS OUTSIDE INDIA.

THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE BY DEEPAK FERTILISERS AND PETROCHEMICALS CORPORATION LIMITED (THE “COMPANY”) SOLELY TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”) AND THE COMPANIES ACT, 2013, AS AMENDED AND THE RULES MADE THEREUNDER (“COMPANIES ACT”).

NOTHING HEREIN CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

THE FOLLOWING DISCLAIMER APPLIES TO THE PRELIMINARY PLACEMENT DOCUMENT IN RELATION TO THE PROPOSED QUALIFIED INSTITUTIONS PLACEMENT FOR THE ISSUE OF EQUITY SHARES ("EQUITY SHARES") OF THE COMPANY FILED WITH BSE LIMITED AND NATIONAL STOCK EXCHANGE OF INDIA LIMITED (THE "PRELIMINARY PLACEMENT DOCUMENT").

THE SECURITIES DESCRIBED IN THE PRELIMINARY PLACEMENT DOCUMENT HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “U.S. SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES AND UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES EXCEPT PURSUANT TO A TRANSACTION EXEMPT FROM, OR NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. ACCORDINGLY, THE SECURITIES ARE BEING OFFERED AND SOLD OUTSIDE THE UNITED STATES IN OFFSHORE TRANSACTIONS IN RELIANCE ON REGULATION S UNDER THE U.S. SECURITIES ACT; OR PURSUANT TO ANOTHER EXEMPTION FROM, OR IN TRANSACTIONS NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT.

THE PRELIMINARY PLACEMENT DOCUMENT PRESENTED HEREIN IS PLACED SOLELY TO COMPLY WITH THE PROVISIONS OF CHAPTER VI OF THE SEBI ICDR REGULATIONS AND SECTION 42 OF THE COMPANIES ACT. ACCESS TO THIS WEBSITE SHALL NOT FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY CONTRACT OR COMMMITMENT WHATSOEVER. WE ARE NOT SOLICITING ANY ACTION OR DECISION BASED ON THE INFORMATION ON THIS WEBSITE.

THE OFFER OF THE EQUITY SHARES REFERRED TO IN THE PRELIMINARY PLACEMENT DOCUMENT IS BEING MADE IN RELIANCE UPON CHAPTER VI OF THE SEBI ICDR REGULATIONS, AND THE COMPANIES ACT, 2013 AND THE RULES MADE THEREUNDER AND IS MEANT ONLY FOR ELIGIBLE QUALIFIED INSTITUTIONAL BUYERS (AS DEFINED UNDER REGULATION 2(1)(SS) OF THE SEBI ICDR REGULATIONS AND WHICH ARE NOT EXCLUDED PURSUANT TO REGULATION 179(2)(B) OF THE SEBI ICDR REGULATIONS AND ARE NOT RESTRICTED FROM PARTICIPATING IN THE ISSUE UNDER APPLICABLE LAW. IN ADDITION, ELIGIBLE QUALIFIED INSTITUTIONAL BUYERS ARE QUALIFIED INSTITUTIONAL BUYERS WHO ARE OUTSIDE THE UNITED STATES, TO WHOM EQUITY SHARES ARE BEING OFFERED IN “OFFSHORE TRANSACTIONS”, AS DEFINED IN, AND IN RELIANCE ON REGULATION S AND THE APPLICABLE LAWS OF THE JURISDICTION WHERE THOSE OFFERS, AND SALES ARE MADE.) (“ELIGIBLE QIBS”) ON A PRIVATE PLACEMENT BASIS AND IS NOT AN OFFER TO THE PUBLIC OR TO ANY OTHER CLASS OF INVESTORS TO SELL, SOLICIT OR RECOMMEND THE SALE OR PURCHASE OF SECURITIES. THE PRELIMINARY PLACEMENT DOCUMENT HAS NOT BEEN AND WILL NOT BE REGISTERED AS A PROSPECTUS WITH ANY REGISTRAR OF COMPANIES IN INDIA UNDER THE COMPANIES ACT. THIS PRELIMINARY PLACEMENT DOCUMENT IS EXCLUSIVE TO THE RECIPIENT AND DOES NOT CONSTITUTE AN OFFER TO THE GENERAL PUBLIC TO SUBSCRIBE TO THE SECURITIES DESCRIBED IN THE PRELIMINARY PLACEMENT DOCUMENT. THE PRELIMINARY PLACEMENT DOCUMENT IS NOT INTENDED TO CONSTITUTE AN OFFER OR A SOLICITATION OR INVITATION OF AN OFFER TO SUBSCRIBE TO THE SECURITIES TO ANY PERSON OR CLASS OF INVESTORS OTHER THAN ELIGIBLE QUALIFIED INSTITUTIONAL BUYERS.

THE PRELIMINARY PLACEMENT DOCUMENT HAS BEEN FILED AS A PRIVATE PLACEMENT OFFER LETTER WITH THE STOCK EXCHANGES. THE PRELIMINARY PLACEMENT DOCUMENT HAS NOT BEEN REVIEWED AND APPROVED BY ANY REGULATORY AUTHORITY IN INDIA OR ABROAD, INCLUDING THE SECURITIES AND EXCHANGE BOARD OF INDIA, ANY REGISTRAR OF COMPANIES IN INDIA OR ANY STOCK EXCHANGE IN INDIA.

NONE OF THE COMPANY, THE BOOK RUNNING LEAD MANAGER AND ANY OF THEIR RESPECTIVE AFFILIATES, ACCEPTS ANY LIABILITY WHATSOEVER, DIRECT OR INDIRECT, THAT MAY ARISE FROM THE USE OF THE INFORMATION CONTAINED ON THIS WEBSITE. ACCESS TO THIS WEBSITE OR THE PRELIMINARY PLACEMENT DOCUMENT DOES NOT CONSTITUTE A RECOMMENDATION BY THE COMPANY, THE BOOK RUNNING LEAD MANAGERS, ANY OF THEIR RESPECTIVE AFFILIATES OR ANY OTHER PARTY TO SUBSCRIBE TO OR BUY OR SELL THE EQUITY SHARES.

THE PRELIMINARY PLACEMENT DOCUMENT MAY CONTAIN STATEMENTS ABOUT FUTURE EVENTS AND EXPECTATIONS THAT CONSTITUTE FORWARD-LOOKING STATEMENTS. THERE CAN BE NO ASSURANCE THAT THE RESULTS AND EVENTS CONTEMPLATED BY THE FORWARD-LOOKING STATEMENTS CONTAINED THERE WILL IN FACT OCCUR. THE COMPANY, ITS DIRECTORS, THE BOOK RUNNING LEAD MANAGER OR ANY OF THEIR RESPECTIVE AFFILIATES DO NOT MAKE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO, AND DO NOT ACCEPT ANY RESPONSIBILITY OR LIABILITY WITH RESPECT TO, THE FAIRNESS, ACCURACY, COMPLETENESS OR CORRECTNESS OF ANY INFORMATION OR OPINION IN THE PRELIMINARY PLACEMENT DOCUMENT.

THE PRELIMINARY PLACEMENT DOCUMENT, WILL NOT BE CIRCULATED OR DISTRIBUTED TO THE PUBLIC IN INDIA OR ANY OTHER JURISDICTION, AND WILL NOT CONSTITUTE A PUBLIC OFFER IN INDIA OR ANY OTHER JURISDICTION.

THE INFORMATION IN THE PRELIMINARY PLACEMENT DOCUMENT IS AS OF THE DATE THEREOF AND NEITHER THE COMPANY, ITS DIRECTORS NOR THE BOOK RUNNING LEAD MANAGER ARE UNDER ANY OBLIGATION TO UPDATE OR REVISE THE PRELIMINARY PLACEMENT DOCUMENT TO REFLECT CIRCUMSTANCES ARISING AFTER THE DATE THEREOF.

YOU ACKNOWLEDGE THAT ACCESS TO THE PRELIMINARY PLACEMENT DOCUMENT IS INTENDED FOR USE BY YOU ONLY AND YOU AGREE NOT TO FORWARD THE PRELIMINARY PLACEMENT DOCUMENT ON TO ANY OTHER PERSON, IN WHOLE OR IN PART, OR OTHERWISE PROVIDE ACCESS VIA E-MAIL OR OTHERWISE TO ANY OTHER PERSON.

YOU ARE ACCESSING THIS WEBSITE AT YOUR OWN RISK AND IT IS YOUR RESPONSIBILITY TO TAKE PRECAUTIONS TO ENSURE THAT IT IS FREE FROM VIRUSES AND OTHER ITEMS OF A DESTRUCTIVE NATURE. NEITHER THE COMPANY, THE BOOK RUNNING LEAD MANAGER NOR ANY OF THEIR AFFILIATES 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 WEBSITE, OR RESULTING FROM THE ACT OR OMISSION OF ANY OTHER PARTY INVOLVED IN MAKING THIS WEBSITE 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 WEBSITE OR THESE MATERIALS. IT IS YOUR RESPONSIBILITY TO TAKE PRECAUTIONS TO ENSURE THAT IT IS FREE FROM VIRUSES AND OTHER ITEMS OF A DESTRUCTIVE NATURE.

IF YOU ACCESS THE PRELIMINARY PLACEMENT DOCUMENT CONTRARY TO THE FOREGOING RESTRICTIONS, YOU WILL BE INELIGIBLE TO PURCHASE THE SECURITIES. THE PRELIMINARY PLACEMENT DOCUMENT MAY NOT BE DOWNLOADED, DELIVERED, FORWARDED OR DISTRIBUTED, ELECTRONICALLY OR OTHERWISE, IN WHOLE OR IN PART, TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER. ANY DOWNLOADING, FORWARDING, DELIVERY, DISTRIBUTION OR REPRODUCTION OF THE PRELIMINARY PLACEMENT DOCUMENT IN WHOLE OR IN PART IS UNAUTHORIZED. FAILURE TO COMPLY WITH THIS DISCLAIMER MAY RESULT IN A VIOLATION OF THE APPLICABLE LAWS.

YOU ARE ACCESSING THE MATERIALS ON THIS WEBSITE ON THE BASIS THAT YOU ARE A PERSON INTO WHOSE POSSESSION THESE MATERIAL MAY BE LAWFULLY DELIVERED IN ACCORDANCE WITH THE LAWS OF THE JURISDICTION IN WHICH YOU ARE LOCATED. IF YOU ARE NOT PERMITTED TO VIEW THE MATERIALS ON THIS WEBSITE OR ARE IN ANY DOUBT AS TO WHETHER YOU ARE PERMITTED TO VIEW THESE MATERIALS, PLEASE EXIT THIS WEBSITE.

[I certify that I am authorized to access this site]

To access this information, you must confirm by pressing on the button marked "I Confirm" that, at the time of access, you (a) are located and resident in India and (b) are not a resident of the United States and you are not located inside the United States and (c) are eligible to invest. If you cannot make this confirmation, you must press the button marked “I Do Not Confirm”.

By clicking on “I confirm”, you are further confirming that you are an Eligible QIB and you agree that the information contained herein is not an offer to the public or to any other class of investors.

The documentation contained in these pages is posted to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities of the Company in the United States or in any jurisdiction outside India. Further, it does not constitute a recommendation by the Company or any other party to sell or buy securities in the Company in the United States or in any jurisdiction outside India.

WEBSITE DISCLAIMER

PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. VIEWING THIS INFORMATION MAY NOT BE LAWFUL IN CERTAIN JURISDICTIONS. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE. BY ACCESSING THIS INFORMATION ON THIS WEBSITE, YOU AGREE TO THE TERMS AND CONDITIONS BELOW, INCLUDING ANY MODIFICATIONS THAT MAY BE MADE TO THEM FROM TIME TO TIME.

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES OR OTHER JURISDICTIONS OUTSIDE INDIA.

The following disclaimer applies to the documents of Deepak Fertilisers and Petrochemicals Corporation Limited (the “Company”, and such documents, the “Documents” and each, a “Document”) hosted on this website in connection with the Company’s issue of equity shares on a rights basis (the “Issue” and the “Equity Shares”, respectively). The Documents have been made available on this website in electronic form solely to comply with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and SEBI Circular No. SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 06, 2020 read with the SEBI Circular SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Documents. By accessing the Documents, you agree to follow the following terms and conditions, including any modifications to them from time to time. References to the Company herein include its subsidiaries, affiliates, and associate, as applicable, which are consolidated in its accounts.

NOTHING HEREIN CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO.

The contents of the 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. Neither the Company, nor any of its representatives or agents are soliciting any action based on any of the information contained on this website, including the Documents, and such information should not be construed as an offer, or invitation or offer to sell or the solicitation of any offer to buy or subscribe for or purchase any security. Neither the Company, nor any of its representatives or agents represents that the contents of the Documents are accurate or complete. The information contained in the Documents may not be updated since its original publication date and may not reflect the latest updates.

The Documents may contain statements about future events and expectations that constitute forward-looking statements. There can be no assurance that the results and events contemplated by the forward-looking statements contained there will in fact occur. The Company, its Directors, the Lead Manager or any of their respective affiliates do not make any representation or warranty, express or implied, as to, and do not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinion in the Documents.

Please note that because of restrictions imposed by applicable law or regulation on soliciting securities business in various jurisdictions, subscription to the Issue will not be permitted to residents of certain jurisdictions. The information contained in this portion of our website and the Documents are not intended to be, and should not be, viewed by any person in the United States or in any other jurisdiction outside India where the offer and sale of the securities is not permitted under the laws of such jurisdictions. The 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 not be permissible under or in violation of any applicable law or regulation; or (b) the Company would by virtue of such distribution become subject to new or additional registration requirements.

The information on this website and the Documents are directed solely to Eligible Equity Shareholders of the Company as on the Record Date, as contemplated in the Documents. This website and the Documents should not be reproduced, transmitted or distributed to any other person.

The Rights Entitlements and the Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”), or any U.S. state securities laws and may not be offered, sold, resold or otherwise transferred within the United States or the territories or possessions thereof (the “United States” or “U.S.”), except in a transaction exempt from the registration requirements of the US Securities Act. The Rights Entitlements and the Equity Shares are being offered and sold in offshore transactions outside the United States in compliance with Regulation S under the US Securities Act to existing shareholders located in jurisdictions where such offer and sale of the Equity Shares and Rights Entitlements are permitted under applicable law.

The Documents do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If you have gained access to this website and the Documents contrary to any of the restrictions herein, you are not authorized and will not be able to purchase any of the securities described in the Documents.

Any potential investor should note that investment in the Equity Shares involves a high degree of risk. For details, potential investors should refer to the Letter of Offer issued by the Company in connection with the Issue, including the section titled “Risk Factors”.

Neither the Company, nor any of its representatives or agents accept any liability whatsoever, direct or indirect, that may arise from the use of the information contained on this website or the Documents. Nothing on this website or in the Documents constitutes a recommendation by the Company or its representatives or agents to subscribe to or buy or sell any securities.

The Company has taken all necessary steps to ensure that the contents of the Document as appearing on this website are identical to the Document filed with the relevant regulatory authorities in India. However, you are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither the Company, nor any of its representatives or agents accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. None of the Company, its representatives or its agents will 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 website.

You acknowledge that access to the Documents is intended for use by you only and you agree not to forward the Documents on to any other person, in whole or in part, or otherwise provide access via e-mail or otherwise to any other person.

You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. Neither the Company, the Lead Manager nor any of their affiliates 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 website, or resulting from the act or omission of any other party involved in making this website 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 website or these materials. It is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.

The Documents may not be downloaded, delivered, forwarded or distributed, electronically or otherwise, in whole or in part, to any other person and may not be reproduced in any manner whatsoever. Any downloading, forwarding, delivery, distribution or reproduction of the Documents in whole or in part is unauthorized. Failure to comply with this disclaimer may result in a violation of the applicable laws.

YOU HEREBY REPRESENT THAT YOU ARE ACCESSING THE DOCUMENTS ON THIS WEBSITE ON THE BASIS THAT YOU ARE A PERSON INTO WHOSE POSSESSION THESE DOCUMENTS MAY BE LAWFULLY DELIVERED IN ACCORDANCE WITH ALL APPLICABLE LAWS. IF ANY APPLICABLE LAWS DO NOT PERMIT TO ACCESS THE WEBSITE OR VIEW THE DOCUMENTS ON THIS WEBSITE OR YOU ARE IN ANY DOUBT AS TO WHETHER YOU ARE PERMITTED TO VIEW THESE DOCUMENTS, PLEASE EXIT THIS WEBSITE.

PLEASE NOTE THAT THE DOCUMENTS USED FOR SUBSCRIPTION TO THE ISSUE IN CONTRAVENTION OF THE ABOVE WILL BE REJECTED WITH NO RECOURSE TO THE COMPANY OR ITS REPRESENTATIVES OR AGENTS.

[I certify that I am authorized to access this site]

To access this information, you must confirm by pressing on the button marked “I Confirm” that, at the time of access, you (a) are located and resident in India and (b) are not a resident of the United States and you are not located inside the United States and (c) are eligible to participate in this Issue. If you cannot make this confirmation, you must press the button marked “I Do Not Confirm”.