Schedule - IA - Summary of Offer - Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015

1 [Schedule IA [ See regulations 6 and 14A ] TERM SHEET Summary of Offer This section shall contain the summary of the following information, as applicable: (a) Primary business of the issuer, in not more than 100 words each; (b) Size of the issue; (c) Objects of the issue in a tabular format; (d) Audit qualifications along with the financial statements, if any (e) Summary table of pending litigation and a cross-reference to the section titled Pending Litigation and Material Developments . (f) Cross-reference to the section titled Risk Factors (g) Summary table of contingent liabilities and a cross-reference to contingent liabilities of the issuer as disclosed in the restated financial statements. (h) Summary of related party transactions for the previous three years and cross-reference to related party transactions as disclosed in financial statements. (i) Details of escrow payment mechanism for the repayment of the interest/principal. Summary term sheet shall be provided which shall include following information (where relevant) pertaining to the issue of municipal debt securities (or a series thereof) and any other substantial information deemed relevant:- Security name Issuer Type of instrument Seniority Mode of issue Eligible investors Listing ( including name of the stock exchange(s) where it would be listed and the timeline for listing) Rating of the instrument Issue size Option to retain oversubscription (amount) Objects of the issue Details of the utilization of the proceeds Coupon rate Taxable/tax free Step up/step down coupon rate Coupon payment frequency Coupon payment dates Coupon type Coupon reset process (including rates, spread, effective date, interest rate cap and floor etc). Day count basis Interest on application money Tenor Redemption date Redemption amount Redemption premium /discount Issue price Discount at which the security is issued and the effective yield as a result of such discount. Put option date Put option price Call option date Call option price Put notification time Call notification time Face value Minimum application for municipal debt securities or multiples thereof Issue timing 1. Issue opening date 2. Issue closing date 3. Pay-in date 4. Deemed date of allotment Issuance mode of the instrument Trading mode of the instrument Settlement mode of the instrument Depository Business day convention Record date Transaction documents Conditions precedent to disbursement Condition subsequent to disbursement Events of default Provisions related to cross default clause Role and responsibilities of debenture trustee Governing law and jurisdiction ] ************ NOTES:- 1. Inserted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/40 dated 27-09-2019