SCHEDULE - 16A - FORMAT OF DUE DILIGENCE CERTIFICATE TO BE GIVEN BY LEAD MERCHANT BANKER(S) ALONG WITH FINAL POST ISSUE MONITORING REPORT - SEBI (Disclosure and Investor Protection Guidelines) 2000

1 (SCHEDULE XVI-A (Clause 7.2.2.3) FORMAT OF DUE DILIGENCE CERTIFICATE TO BE GIVEN BY LEAD MERCHANT BANKER(S) ALONG WITH FINAL POST ISSUE MONITORING REPORT To SECURITIES AND EXCHANGE BOARD OF INDIA Dear Sirs, SUB.: ISSUE OF ..BY .LTD. We, the under noted post issue Lead Merchant Banker(s) to the abovementioned issue state as follows: (1) We confirm that (a) share certificates in respect of locked-in shares have been stamped not transferable indicating the period of non-transferability; (b) if the shares offered for lock-in are in dematerialised form, non-transferability details have been informed to the depositories; (c) details of lock-in have been provided to all the stock exchanges on which securities are to be listed, before the listing of the securities. (2) We certify that shares offered as minimum promoters contribution, if any, have been locked-in for a period of three years as per clauses 4.11.1 and 4.11.2 of the SEBI (Disclosure and Investor Protection) Guidelines, 2000. (3) We certify that excess promoters contribution has been locked-in as per clauses 4.12.1 and 4.12.2 of the SEBI (Disclosure and Investor Protection) Guidelines, 2000. (4) We certify that clause 4.12.3 of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 has been duly complied with. (5) We certify that provisions regarding lock-in of securities have been duly complied with in accordance with clause 4.14 of the SEBI (Disclosure and Investor Protection) Guidelines, 2000. PLACE: MUMBAI LEAD MERCHANT BANKERS TO THE ISSUE WITH OFFICIAL SEAL(S) ******** 1 Inserted vide SEBI Circular No. SEBI/CFD/DIL/DIP/28/2007/29/11 dated November 29, 2007.