SCHEDULE - 09 - FORMAT OF REPORT TO BE SUBMITTED BY MONITORING AGENCY - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009

SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 1 [SCHEDULE IX [See regulation 16 (2) and (3)] FORMAT OF REPORT TO BE SUBMITTED BY MONITORING AGENCY Front Page: Report of the Monitoring Agency Name of the Issuer: For quarter ended: Name of the Monitoring Agency: (a) Deviation from the objects: Utilization different from Objects stated in OD but in line with change of objects approved by shareholders' resolution; or Utilization neither in line with Objects stated in OD nor approved by shareholders' resolution In case of no deviation, the fact would be stated. (b) Range of Deviation*: Indicate range of percentage deviation from the amount of issue proceeds earmarked for objects. For example, up to 10%, 10 - 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * Range of Deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. Declaration: I/We hereby declare that this report is based on the format as prescribed by SEBI (ICDR) Regulations, 2009, as amended. I/We further declare that this report provides true and fair view of the utilization of issue proceeds. I/We declare that we do not have any direct / indirect interest in or relationship with the issuer/promoters/directors/management and also confirm that we do not perceive any conflict of interest in such relationship / interest while monitoring and reporting the utilization of issue proceeds by the issuer. Signature: Name of the Authorized Person/Signing Authority: Designation of Authorized person/Signing Authority: Seal of the Monitoring Agency: Date: Subsequent Pages: 1) Issuer Details : Name of the issuer : The names of the promoters of the issuer : Industry/sector to which it belongs : 2) Issue Details : Issue Period : Type of issue (public/rights) : Type of specified securities : Grading : Issue size (Rs. in Crores) : 3) Details of the arrangement made to ensure the monitoring of issue proceeds: (Give item by item description for all the objects stated in offer document separately in following format) Particulars Reply Comments of Monitoring Agency Comments of Board of Directors Whether all the utilzation is as per disclosure in Offer Document? Yes/ No Whether Shareholder approval is obtained in case of material deviations# from expenditures disclosed in Offer Document? Yes/ No Whether means of finance for disclosed objects of the Issue has changed? Yes/ No Any major deviation observed over the earlier monitoring agency reports? Yes/ No Whether all Government / Statutory approvals related to the object(s) obtained? Yes/ No Whether all arrangements pertaining to technical assistance/collaboration in operation? Yes/ No Any favorable events improving object(s) viability Yes/ No Any unfavorable events affecting object(s) viability Yes/ No Any other relevant information that may materially affect the decision making of the investors Yes/ No # Where material deviation may be defined to mean: a) Deviation in the objects or purposes for which the funds have been raised b) Deviation in the amount of fund actually utilized by more than 10% of the amount projected in the offer documents. 4) Details of object(s)s to be monitored: (i) Cost of object(s)- (Give Item by Item Description for all the Objects Stated in Offer Document separately in following format) Sl. No Item Head Original Cost (as per Offer Document) Revised Cost Comments of Monitoring Agency Comments of Board of Directors Reason of cost revision Proposed financing option Particulars of firm arrangements made (ii) Progress in the object(s)- (Give Item by Item Description for all the Objects Stated in Offer Document separately in the following format) Sl. No Item Head $ Amount as proposed in Offer Document Amount utilized Total unutilized Amount Comments of Monitoring Agency Comments of Board of Directors As at Beginning of the quarter During the quarter At the end of the quarter Reason of idle funds Proposed Course of Action $ Provide following details under Item Head: (a)Name of the object(s): (b)Brief description of the object(s): (c)Location of the object(s) (if applicable): (iii) Deployment of unutilized IPO proceeds- Sl. no. Type of instrument where amount invested* Amount invested Maturity date Earnings Return on Investment (ROI %) Market Value as at the end of quarter** * Also indicate name of the party/company in which amounts have been invested ** Where market value is not practical to find, provide NAV/NRV/Book Value of the same (iv) Delay in implementation of the object(s)- Object(s) Name Completion Date Delay (No. of days/ months) Comments of Board of Directors As per Offer Document Actual * Reason of delay Proposed Course of Action * In case of continuing object(s) please specify latest/revised estimate of completion date.] ********** 1 Substituted by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2017 , w.e.f. 31.5.2017. Prior to such substitution, the Schedule read as: SCHEDULE IX [See regulation 16(2)] FORMAT OF REPORT TO BE SUBMITTED BY MONITORING AGENCY NAME OF THE MONITORING AGENCY : MONITORING REPORT FOR THE HALF YEAR ENDED .. (1) Name of the Issuer : (2) About the issue whose proceeds to be monitored (a) Issue date : (b) Type of issue (public/rights) : (c) Type of specified securities : (d) Issue size : ( Rs-----------(in crores) (e) Amount collected : ( Rs. ---------( in crores) (3) Details of the arrangement made to ensure the monitoring of issue proceeds. (4) Project details (to be monitored) : (a) Name of the project (particulars and location) : (b) Cost of the project details : (Rs. ------( in crores) (As mentioned in the offer document) Item Head Original Cost Revised Remarks (c) Proposal to finance cost overrun, if any. (d) Progress in the project: (i) Expenditure incurred during the six months period (Rs. crores) Item Head During Six months Cumulative (ii) Means of finance raised during six months period (Rs. Crores) (e) If total cumulative amount raised is more than the expenditure incurred on the project, explain how the surplus funds are utilised/ proposed to be utilised. Give details on investment like instruments, maturity, earnings and other conditions. Indicate name of the party/ company in which amounts have been invested. The following data shall be given separately for investment in group companies and others: Type of instrument/ Instrument Amount invested Rs. in lakhs Maturity date Earnings (f) Comments of monitoring agency on utilisation of funds. (g) If there is any delay in implementation of the project, the same may be specified along with the reason thereof and the proposed course of action. (Please give the comparative statement of schedule of various activities as mentioned in the offer document and their actual implementation). (h) Status of Government/ statutory approvals related to the project as disclosed in offer document. (i) Technical assistance/ collaboration (Please mention arrangements contemplated at the time of issue and the progress thereafter) (j) Major deviations from the earlier progress reports. (k) Any favourable/ unfavourable events improving /affecting project viability. (l) Any other relevant information. Signature of the Authorised person: Name: Designation: Date: