Chandigarh, 7th February 2025: Shri Jayant Chaudhary, Hon’ble Minister of State (I/C), Ministry of Skill Development and Entrepreneurship (MSDE) and Minister of State, Ministry of Education inaugurated the NSDC International Academy, a state-of-the-art facility designed to provide world-class skill development and training programs. The NSDC International Academy is a landmark initiative designed to bridge the gap between Indian youth and global employment opportunities. It will serve as a center of excellence, offering specialized training programs aligned with the skill demands of countries like Germany, Japan, and Israel. Shri Chaudhary flagged off the departure of 11 candidates headed to Germany and toured the NSDC International Academy, engaging with students enrolled in its programs and also experiencing the AI and VR facilities, and advanced labs present at the center, interacting with students about their life journeys, and offered them motivation.

Delivering his address, Shri Jayant Chaudhary, Hon’ble Minister of State (I/C), Ministry of Skill Development and Entrepreneurship (MSDE) and Minister of State, Ministry of Education, Govt. of India mentioned, “We must recognize that young India is breaking barriers, moving beyond traditional career paths, and looking at new opportunities. The NSDC International Academy is a testament to this shift—equipping our youth with the skills, confidence, and global exposure they need to succeed. A great building and infrastructure are important, but the real strength of any institution is its people—the trainers, students, and programs that drive it. With our skilling budget increasing from ₹3,300 crores to ₹6,100 crores, we are strengthening initiatives like this academy, ensuring young Indians get industry-relevant training, language skills, and cultural readiness. A Viksit Bharat by 2047 will be built by individuals ready to take on global challenges, and our job is to make sure they have the right support to get there.”

He added, “Prime Minister Shri Narendra Modi Ji is very passionate about skilling, and takes pride in what our ministry is achieving. Skill India program and ITI rejuvenation program, announced in the last budget will have a huge impact, in increasing our capacity to skill our young people.”

This center aims to empower individuals with the skills needed to thrive in today’s competitive global workforce. The academy specializes in internationally recognized language certifications, ensuring that candidates receive globally accepted qualifications. These include OSD and GOETHE certifications for German, JLPT for Japanese, and ISLETS for English, making graduates well-prepared for global opportunities.

Addressing the audience, Shri Ved Mani Tiwari, CEO, of Nation Skill Development Corporation said, “In our journey of making India a global skill capital, today is a pivotal moment as our honorable minister Shri Jayant Chaudhary inaugurates this center, fulfilling the dreams of our honorable prime minister Shri Narendra Modi Ji. The World Economic Forum report says that in the next 25 years, 100 crore people will join the global workforce, with every third and fourth person being Indian. The coming years will ensure that India plays a dominant role in the global economy and contributes significantly to the dollar economy.

Our initiatives at this center equip youths with world-class language proficiency and advanced technical skills, preparing them for careers in Germany, Japan, Israel, and the UK. With cutting-edge training in sectors like caregiving and with the support of Industry 4.0, we are readying our talent for global opportunities.”

With a target of training over 1,000 candidates annually, the NSDC International Academy is committed to addressing the demands of both local and international job markets. As part of its mission to enhance employability, the academy will provide placement assistance and establish partnerships with industry leaders to facilitate valuable interview opportunities for its graduates.

The NSDC International Academy in Greater Noida stands as a flagship initiative of the National Skill Development Corporation (NSDC), dedicated to transforming India’s workforce by providing training and certifications recognised globally. This premier skill development institution offers specialised courses in various fields, including foreign languages, healthcare, employability skills, and aviation, ensuring that Indian youth are well-prepared for international career opportunities.

The facility features modern classrooms equipped with interactive technology and advanced labs focused on soft skills and language learning with resources that will enable hands-on training and practical application of the learnings. The academy also includes dedicated counselling rooms to provide career guidance and psychological support, fostering holistic development among students. With residential facilities accommodating up to 500 candidates, the NSDC International Academy offers an immersive learning environment that promotes both academic and personal growth.

With a target of training over 1,000 candidates annually, the NSDC International Academy is committed to addressing the demands of both local and international job markets. As part of its mission to enhance employability, the academy will provide placement assistance and establish partnerships with industry leaders to facilitate valuable interview opportunities for its graduates.

Chandigarh, February 7, 2025: The Border Gavaskar Trophy 2024-25 has delivered unprecedented viewing figures on the JioStar network with TV viewership growing by 74% compared to the previous edition of the series in Australia. The India-Australia rivalry, branded The Toughest Rivalry by the JioStar network, has hit a new high with the series in 2024-25 becoming the second most watched Away test series for the Indian team on Television. The series was watched by 192.5M viewers on TV, recording 52 billion minutes of total Watch-time across television and digital platforms. Despite the sub-optimal match timings due to the time difference, this series also became the second most-watched test series on Indian Television (including India’s home and away test series) with the No.1 spot also belonging to this rivalry with the BGT trophy in 2017.

The five-language live broadcast of the series which produced cinematic moments of cricket, dramatic performances by cricketers from both nations, intense competition throughout, and culture-defining events, captivated the attention of fans and registered an impressive 49% increase in Television watch time compared to the 2020 edition. The viewing experience was enhanced with a meticulously selected line-up of Indian experts including Cheteshwar Pujara, Irfan Pathan, Sunil Gavaskar, Harbhajan Singh, Murali Vijay, and Ravi Shastri, combined with key Australian voices such as Adam Gilchrist, Justin Langer, and Matthew Hayden. The carefully crafted story-telling approach was elevated by engaging world-class neutral voices such as Mark Nicholas and Wasim Akram who joined Star Sports’ exceptional presenters Jatin Sapru and Mayanti Langer and creators Sahiba Bali and Aakash Gupta.

“We are proud to have institutionalized ‘The Toughest Rivalry’ as a unique descriptor of India-Australia matches. After the success of establishing ‘The Greatest Rivalry’ as the universally accepted nomenclature for India-Pakistan clashes, this was the next step in ‘identification’ of another key rivalry. The coverage of BGT 2024-25 also demonstrated our commitment to delivering a world-class on-screen sporting experience to millions of fans. From a brand-new design package to the advent of new cameras, we strived to provide a deeply immersive experience to sports fans. We are proud that our Hindi coverage garnered appreciation from the Indian diaspora across the world and are grateful to Cricket Australia for their trust and collaboration, which has been instrumental in bringing ‘The Toughest Rivalry’ alive in such a spectacular manner” – said Sanjog Gupta, CEO Sports, Jio Star

“We’re extremely grateful to our broadcast partners who provided world-class coverage by producing iconic images and insightful analysis throughout the summer. That 192.5 million viewers watched the Border-Gavaskar Trophy series on Jio Star in India again demonstrates cricket’s ability to reach vast international audiences and the enduring global interest in Test cricket.” – said Nick Hockley, CEO, of Cricket Australia

The network’s well-rounded marketing campaign, ‘The Toughest Rivalry’, promoted the Australian summer and high-quality broadcasts beginning September 2024 that fuelled the surge in viewership. These efforts were further enhanced through exclusive interviews with Australian stars Steve Smith, Nathan Lyon, Mitchell Starc, Pat Cummins, Travis Head, and Usman Khawaja, among others. Star Sports Network also produced ‘Boiling Point’, a critically acclaimed multi-episode docuseries, chronicling the storied 2008 tour which elevated the India-Australia rivalry.

Star Sports Network also brought viewers closer to the action with immersive storytelling through expert commentary in English, Hindi, Tamil, Telugu, Kannada, with compelling narratives that celebrated this historic rivalry across decades. Flagship shows like ‘Follow The Blues’ took viewers up-close to the Indian contingent and provided real-time updates from warm-up fixtures, press conferences, and net sessions. In addition, the JioStar network also launched fan-engagement initiatives across Disney+ Hotstar and ESPN Cricinfo including a vote to decide the greatest performance by an Indian in Australia, which witnessed participation from over 1.5M fans. JioStar network also leveraged the power of community and conversations via engaging social media initiatives across Star Sports’ handles.

Kolkata, 7th February 2025: The Institute of Chartered Accountants of India (ICAI) organized a grand Convocation Ceremony simultaneously across multiple locations across India to confer certificates of membership to newly qualified Chartered Accountants and honor rank holders. The Convocation was conducted at 11 centers—New Delhi, Kolkata, Mumbai, Chennai, Bengaluru, Hyderabad, Ghaziabad, Ahmedabad, Pune, Indore, and Jaipur—on February 6, while the events in Chandigarh and Ludhiana are scheduled for February 7. In this prestigious event, 19,075 newly enrolled Chartered Accountants received their certificates, marking the beginning of their professional journey.

The convocation commenced simultaneously across all locations and was addressedby Chief Guest,Shri (Dr.) C.V. Ananda Bose, Hon’ble Governor, West Bengal from Kolkatain the presence ofCA. Ranjeet Kumar Agarwal, President, ICAI andCA. Charanjot Singh Nanda, Vice President, ICAIwho joined in from New Delhi to inspire new graduates as they embark on a future of excellence and integrity.

Addressing young Chartered Accountants from Kolkata,Shri (Dr.) C.V. Ananda Bose, Hon’ble Governor of West Bengal,said, “When the going gets tough, the tough gets goingand I am addressing the toughest of the toughest in the professional services of this nation. Chartered Accountants are the sentinels of financial integrity, the architects of corporate governance and the driving force behind a transparent and resilient economy.Chartered Accountants are harbingers, custodians of truth as far as corporate governance are concerned.It is because of the vigilance of the Chartered Accountants that the nation’s financial health is nurtured.”

CA. Ranjeet Kumar Agarwal, President, ICAI congratulated the newly enrolled Chartered Accountants and said, “As young Chartered Accountants, you are the torchbearers of financial integrity, entrusted with fostering transparency, good governance and economic progress. With knowledge, integrity and dedication, you are the chosen ones to drive the financial landscape and strengthen the financial ecosystem of the country.”

CA. Ranjeet Kumar Agarwal, President ICAI also administered Oath to the newly inducted members.

On this occasion, Hon’ble Governor of West Bengal conferred the prestigious Governor’s Award of Excellence on ICAI in recognition of its outstanding contribution to the profession, ethical standards and Nation Building. This award is a testament to the Institute’s commitment to producing world-class professionals who uphold integrity, excellence and service to society. The award includes a citation, a trophy and a cash prize of ₹1,00,000.ICAI has become the first professional regulator in the country’s history to receive this esteemed recognition, marking a momentous achievement in its legacy of excellence.

Furthermore, exceptional achievements of top three rank holders of this year, was also awarded Governor’s Award of Excellence,recognizing their hard work, dedication andpursuit of excellence that they have set a benchmark for others to follow.The award includes a citation, a trophy and a cash prize of ₹25,000.

On this occasion, CA. Charanjot Singh Nanda, Vice President, ICAI addressing from New Delhi,congratulated the newly enrolled Chartered Accountants, emphasizing their vital role in shaping India’s financial future. He stated, “Today is a proud milestone as we welcome the next generation of Chartered Accountants—financial guardians of our nation. Since its establishment under an Act of Parliament in 1949, our profession has stood as a pillar of discipline, integrity, and technical excellence. Integrity and ethical conduct must remain your guiding principles in your professional journey.”

Chandigarh, February 7, 2025: Hexaware Technologies Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity share of the face value of ₹1 each (“Equity Shares”) on Wednesday, February 12, 2025. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, Tuesday, February 11, 2025. The Bid/ Offer Closing Date is Friday, February 14, 2025.

The Price Band of the Offer has been fixed from ₹ 674 per Equity Share to ₹ 708 per Equity Share. Bids can be made for a minimum of 21 Equity Shares and multiples of 21 Equity Shares thereafter.

The initial public offering comprises an offer for the sale of Equity Shares aggregating up to ₹ 8,750 crores by CA Magnum Holdings (the Promoter Selling Shareholder).

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, (the “SCRR”) read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein in terms of Regulation 32(1) of the SEBI ICDR Regulations, not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Category”), provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Category to Anchor Investors, on a discretionary basis by the SEBI ICDR Regulations (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares of face value of ₹ 1 each are allocated to Anchor Investors (the “Anchor Investor Allocation Price”). In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares of the face value of ₹ 1 each shall be added to the QIB Category (other than Anchor Investor Portion) (“Net QIB Category”).

Further, 5% of the Net QIB Category shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Category shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Category, the balance of Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Category for proportionate allocation to QIBs.

Further, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Investors (“NIIs”) (the “Non-Institutional Category”) of which one-third of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹ 200,000 and up to ₹ 1,000,000 and two-thirds of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹ 1,000,000 provided that under-subscription in either of these two sub-categories of the Non-Institutional Category may be allocated to Bidders in the other sub-category of the Non-Institutional Category by the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.

Further, not less than 35% of the Net Offer shall be available for allocation to Retail Individual Investors (“RIIs”) (the “Retail Category”), in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.

Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price.

All Bidders (other than Anchor Investors) shall mandatorily participate in this Offer through the Application Supported by Block Amount (“ASBA”) process, and shall provide details of their respective bank account, including UPI ID for UPI Investors in which the Bid Amount will be blocked by the SCSBs or the Sponsor Banks, as the case may be. Anchor Investors are not permitted to participate in the Offer through the ASBA process.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) (the “Stock Exchanges”).

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers (“BRLMs”) to the Offer.

Chandigarh February 07, 2025: SBI General Insurance, one of India’s leading General Insurance companies, is delighted to join hands with the Ministry of Agriculture & Farmer Welfare, Government of India for the forthcoming ‘Meri Policy Mere Haath’ campaign, a doorstep policy distribution drive under the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheduled to run from 1st February to 15th March 2025, this campaign aims to provide physical policy documents to the farmers at their doorsteps to ensure awareness among farmers about the benefits of crop insurance & seamless crop insurance experience.

The aim of the “Meri Policy Mere Haath” campaign initiative is to empower farmers by ensuring transparency, accessibility & awareness in terms of central Toll free no. 14447, National Crop insurance portal to lodge intimations in case of losses. The initiative focuses on delivering crop insurance policy documents directly to farmers, promoting awareness about the schemes benefits and strengthening trust in the process. It helps farmers stay informed about their crop coverage, claims and enrolment process under PMFBY Scheme. During the campaign, SBI General will be conducting awareness workshops such as Fasal Bima Pathshala, Women centric workshops etc. in 8 states namely Madhya Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Assam, Tamil Nadu, Maharashtra & Andhra Pradesh to sensitize farmers about the PMFBY Scheme and its benefits. The campaign will also leverage social media campaigns with dedicated hashtags like #MeriPolicyMereHaath, #PMFBY, #FasalBimaKarao, and #AtmanirbharKisan to amplify awareness and participation.

Speaking of the event, Mr. Naveen Chandra Jha, MD and CEO of SBI General Insurance, said “At SBI General Insurance, we are deeply committed to empowering India’s farming community by ensuring they have easy access to the benefits of crop insurance under PMFBY. The PMFBY scheme is bridging the risk needs of farmers by providing them the security net, offering them financial security and peace of mind. The ‘Meri Policy Mere Haath’ campaign reflects our dedication and commitment wherein we work closely with local administrations, stakeholders, and the farming community, we aim to make the policy distribution process seamless, efficient, and impactful”

Chandigarh, 7th February 2025 – The Kyoorius Creative Awards 2025 (KCA25) are now open for entries, inviting India’s creative community to step forward and #LeaveYourMark.

Entrants have till 17 April 2025 to submit entries.

Judging is scheduled to begin on 24 April 2025, and the awards will culminate at the 2025 Kyoorius Creative Awards Night on 23 May 2025, at the Jio World Convention Centre, in BKC, Mumbai.

Rajesh Kejriwal, Founder and CEO of Kyoorius, shared his vision for KCA25: “Since 2014, the Kyoorius Creative Awards have celebrated impactful creativity. With #LeaveYourMark, we aim to recognize work that sets new benchmarks, resonates deeply with the audience, and delivers results.”

Kyoorius has also rolled out strategic updates designed to simplify and enhance the entrant experience. The awards are now streamlined into eight tracks: Advertising, Regional Advertising, Craft, Experience and Engagement, Entertainment, Sector Specific, Creativity for Good, and the ZEE Equality Award.

The ZEE Equality Award continues to be presented by Indian Creative Women (ICW).

Additions to the 2025 awards include the debut of the B2B discipline, celebrating exceptional business-to-business creativity, and a Humour sub-category across multiple disciplines, recognizing the need to encourage the craft of wit in storytelling. The Use of AI category has also been updated to reflect its growing significance in creative work.

Chandigarh, Feb 07, 2025: Kalyan Jewellers has announced the launch of Crafting Futures, a transformative CSR initiative and a cornerstone of the With Love brand philosophy. This initiative is dedicated to improving the livelihoods of jewellery artisans, preserving craftsmanship, and fostering community development. To lay the foundation for this initiative, Kalyan Jewellers has committed Rs 3 crore towards its implementation, ensuring tangible and lasting impact from the very start.

To create a larger collective impact and drive meaningful change, Kalyan Jewellers is inviting its partners and stakeholders to join the movement. Crafting Futures is an ongoing effort and a long-term action plan, that is set to evolve and expand in the years ahead.

“Jewellery is not just about gold and gemstones – it carries the soul and artistry of the karigars who bring each piece to life. Their craftsmanship is a living tradition that must be nurtured and passed on. With Crafting Futures, we are ensuring that traditional craftsmanship evolves with modern advancements, taking a stand for the artisans who have upheld our industry’s legacy for generations. We invite our partners to join us in this mission, ensuring a future where every artisan is valued, empowered, and supported,” TS Kalyanaraman, Managing Director, Kalyan Jewellers said.

Crafting Futures is not just a CSR project – it is a movement to create lasting change. The initiative focuses on bridging tradition with innovation by improving workspaces, introducing technology, and providing upskilling opportunities. This approach not only preserves the legacy of craftsmanship but also equips artisans with the skills needed to thrive in a changing industry. Additionally, the initiative will support artisans’ children’s education, provide healthcare, and drive long-term financial stability for artisans and their families.

As Kalyan Jewellers takes this initiative forward, the company invites its long-term partners and stakeholders to join this collective effort. Together, the mission is to build a sustainable ecosystem where artisans thrive, their traditions endure, and their contributions are truly recognised.

Chandigarh, February 7, 2025: Mahindra’s Electric Origin SUVs have set new benchmarks with world-beating features, making it an #UnlimitIndia pride moment. Driven by the overwhelming response by customers who want to access these world beaters at multiple price points, Mahindra is opening bookings for all packs of the XEV 9e and BE 6 starting February 14, 2025, 9 AM. To support this, a structured production ramp-up is being implemented, with timelines for each variant being shared.

Mumbai, February 7th, 2025: Aadhar Housing Finance Ltd announced its unaudited financial results for the quarter and nine months ended 31^st December 2024.

Key Performance Highlights:

PERFORMANCE HIGHLIGHTS – Q3 & 9M FY25

• Assets under management (AUM) grew by 21% to Rs. 23,976 crore as of 31^st December 2024 from Rs. 19,865 crore as of 31^st December 2023
• Total number of loan accounts as of 31^st December 2024 reached 2,86,000+
• Profit after tax (PAT) increased by 22% in 9M FY25 to Rs. 667 crore from Rs. 548 crore in 9M FY24
• Net worth stood at Rs. 6,114 Crore as of 30^th December 2024 inclusive of IPO proceeds from primary infusion Rs. 1,000 Crore (Gross)
• Return on assets (ROA) for 9M FY25 stood at 4.3%, as against 4.2% for 9M FY24
• Return on equity (ROE) for 9M FY25 stood at 16.8% (see note above), as against 18.3% for 9M FY24
• Gross NPA as of 31^st December 2024 stood at 1.36%, as against 1.40% as on 31^st December 2023 – Improved by 4 Bp

Commenting on the Q3 & 9M FY25 performance, Mr. Rishi Anand, MD & CEO of Aadhar Housing Finance Ltd said:

 “We have successfully concluded the first nine months of FY25 with a strong growth momentum. There has been consistent growth in our AUM, and we have reached an AUM level of Rs. 23,976 Cr as at the end of Q3 FY25 which is a 21% YoY growth in AUM. Disbursements have remained strong with a growth of 20% (Q3 FY25 Vs Q3 FY24). PAT for 9 months ended 31 st December 2024 stood at Rs. 667 Cr, a growth of 22% on a YoY basis.

Government support remains a key growth driver, further strengthened by urbanization and rising demand. The recent budget announcements on income tax exemptions are set to boost the purchasing power of lower and middle-income groups, driving increased demand for housing loans. Budget allocations under PMAY will further enhance affordability initiatives, benefiting AHFCs that primarily serve low- and middle-income borrowers.

This quarter we have added 12 new branches, taking the total number of branches in the current financial year to 34. This takes our total branches to 557 covering 21 states and 545 districts, enabling us to serve 286K+ live accounts across the country. Geographical expansion has always been our core focus area and we continue to strengthen our market presence through our “deeper impact” strategy. Additionally, we continue to leverage advanced data-driven insights, thereby strengthening our risk assessment, optimized resource allocation, and enhanced portfolio management.We are confident in our efforts and the exciting opportunities ahead, as we continue our commitment to serving the underserved communities”.

Chandigarh February 7, 2025: Ajax Engineering Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity share of the face value of ₹1 each (“Equity Shares”) on Monday, February 10, 2025. The Anchor Investor Bidding Date is one Working Day prior to the Bid/Offer Opening Date, Friday, February 7, 2025. The Bid/ Offer Closing Date is Wednesday, February 12, 2025.

The Price Band of the Offer has been fixed from ₹ 599 per Equity Share to ₹ 629 per Equity Share. Bids can be made for a minimum of 23 Equity Shares and multiples of 23 Equity Shares thereafter.

The initial public offering comprises an offer for sale of up to 20,180,446 Equity Shares (“Offered Shares”), consisting of up to 1,716,102 Equity Shares by Krishnaswamy Vijay, up to 1,716,102 Equity Shares by Kalyani Vijay, up to 2,288,136 Equity Shares by Jacob Jiten John, up to 5,593,221 Equity Shares by Jacob Hansen Family Trust, up to 1,430,085 Equity Shares by Susie John, and up to 7,436,800 Equity Shares by Kedaara Capital Fund II LLP.

The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process and is in compliance with Regulation 6(1) of the SEBI ICDR Regulations wherein in terms of Regulation 32(1) of the SEBI ICDR Regulations, not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”) provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis by the SEBI ICDR Regulations (“Anchor Investor Portion”), of which at least one-third shall be available for allocation to domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares each shall be added to the Net QIB Portion.

Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors) including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Portion, the balance Equity Shares each available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one-third of such portion shall be reserved for applicants with application size of more than ₹0.20 million and up to ₹1.00 million; and (b) two-third of such portion shall be reserved for applicants with application size of more than ₹1.00 million provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders (“RIBs”) by the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price

All potential Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID for UPI Bidders using UPI Mechanism) (as defined hereinafter) in which the Bid amount will be blocked by the SCSBs or the Sponsor Banks, as applicable, to participate in the Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion of the Offer through the ASBA process. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) (the “Stock Exchanges”).

ICICI Securities Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, Nuvama Wealth Management Limited and SBI Capital Markets Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the red herring prospectus dated February 4, 2025.