GAMMON INDIA LIMITED

FIIs are permitted to participate through the portfolio investment scheme in this Issue. FIIs are permitted to
participate in the QIP subject to compliance with all applicable laws and such that the shareholding of the
FIIs does not exceed specified limits as prescribed under applicable laws in this regard.
FIIs can hold up to a maximum of 49 per cent. in the paid-up equity share capital of the Company.
The issue of Equity Shares to a single FII should not exceed 10 per cent. of the post-Issue, issued capital of the
Company. In respect of an FII investing in the Equity Shares on behalf of its sub-accounts, the investment on behalf
of each sub-account shall not exceed 10 per cent. of the total issued capital of the Company or 5 per cent. of the total
issued capital of the Company in case such sub-account is a foreign corporate or an individual.
No Allotment shall be made pursuant to the Issue, either directly or indirectly, to any QIB being a Promoter or any
person related to the Promoter. QIBs which have all or any of the following rights shall be deemed to be persons
related to Promoter:
(a) rights under a shareholders agreement or voting agreement entered into with the Promoter or persons
related to the Promoter;
(b) veto rights; or
(c) right to appoint any nominee director on the Board,
provided that a QIB which does not hold any Equity Shares in the Company and which has acquired the aforesaid
rights in the capacity of a lender shall not be deemed to be related to the Promoter.
The Company and the Joint Global Co-ordinators are not liable for any amendment or modification or
change to applicable laws or regulations, which may occur after the date of this Placement Document. QIBs
are advised to make their own independent investigations and satisfy themselves that they are eligible to
apply. QIBs are advised to ensure that any single application from them does not exceed the investment limits
or maximum number of shares that can be held by them under applicable law or regulation or as specified in
this Preliminary Placement Document. Further, QIBs are required to satisfy themselves that their Bids would
not eventually result in triggering a tender offer under the Takeover Code.
As per the SEBI Regulations, a minimum of 10 per cent. of the Equity Shares in this Issue shall be Allotted to
Mutual Funds. If no Mutual Fund is agreeable to take up the minimum portion as specified above, such
minimum portion or part thereof may be Allotted to other QIBs.
Note: Affiliates or associates of the Joint Global Co-ordinators who are QIBs may participate in the Issue in
compliance with applicable laws.
Application Process
Application Form
QIBs shall only use the serially numbered Application Forms supplied by the Joint Global Co-ordinators in either
electronic form or by physical delivery for the purpose of making a Bid (including revision of Bid) in terms of the
Preliminary Placement Document and the Placement Document.
By making a Bid (including the revision thereof) for Equity Shares through Application Forms, the QIB will be
deemed to have made the following representations and warranties and the representations, warranties and
agreements made under “Representations by Investors” and “Transfer Restrictions”:
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