Shriram City Union Finance Limited - Karvy

B. Additional ApplicationsAn applicant is allowed to make one or more applications for the NCDs for the same or other series ofNCDs, subject to a minimum application size of ` 10,000/- and in multiples of ` 1,000/- thereafter, foreach application. Any application for an amount below the aforesaid minimum application size will be deemedas an invalid application and shall be rejected. However, multiple applications by the same applicantbelonging to Category III aggregating to a value exceeding ` 5 Lakhs shall be grouped in the UnreservedIndividual Portion, for the purpose of determining the basis of allotment to such applicant. However, anyapplication made by any person in his individual capacity and an application made by such person in his capacityas a karta of a Hindu Undivided family and/or as joint applicant, shall not be deemed to be a multiple application.For the purposes of allotment of NCDs under the Issue, applications shall be grouped based on the PAN, i.e.applications under the same PAN shall be grouped together and treated as one application. Two or moreapplications will be deemed to be multiple applications if the sole or first applicant is one and the same. For thesake of clarity, two or more applications shall be deemed to be a multiple application for the aforesaid purpose ifthe PAN number of the sole or the first applicant is one and the same.C. Depository ArrangementsAs per the provisions of Section 68B of the Act, the allotment of NCDs of our Company can be made in adematerialised form, (i.e. not in the form of physical certificates but be fungible and be represented by theStatement issued through electronic mode).We have made depository arrangements with NSDL and CDSL for issue and holding of the NCDs indematerialised form. Please note that tripartite agreements have been executed between our Company, theRegistrar and both the depositories.As per the provisions of the Depositories Act, 1996, the NCDs issued by us can be held in a dematerializedform. In this context:i Tripartite Agreement dated March 30, 2000 and April 30, 1999 between us, the Registrar to the Issue andCDSL and NSDL, respectively for offering depository option to the investors.ii. An applicant who wishes to apply for NCDs in the electronic form must have at least one beneficiaryaccount with any of the Depository Participants (DPs) of NSDL or CDSL prior to making the application.iii. The applicant seeking allotment of NCDs in the Electronic Form must necessarily fill in the details(including the beneficiary account number and DP’s ID) appearing in the Application Form under theheading ‘Request for NCDs in Electronic Form’.iv. NCDs allotted to an applicant in the Electronic Account Form will be credited directly to the applicant’srespective beneficiary account(s) with the DP.v. For subscription in electronic form, names in the Application Form should be identical to thoseappearing in the account details in the depository. In case of joint holders, the names should necessarilybe in the same sequence as they appear in the account details in the depository.vi. Non-transferable Allotment Advice/refund orders will be directly sent to the applicant by the Registrarsto this Issue.vii. If incomplete/incorrect details are given under the heading ‘Request for NCDs in electronic form’ in theApplication Form, it will be deemed to be an application for NCDs in physical form and thus will berejected.viii. For allotment of NCDs in electronic form, the address, nomination details and other details of theapplicant as registered with his/her DP shall be used for all correspondence with the applicant. Theapplicant is therefore responsible for the correctness of his/her demographic details given in theApplication Form vis-à-vis those with his/her DP. In case the information is incorrect or insufficient, ourCompany would not be liable for losses, if any.ix. It may be noted that NCDs in electronic form can be traded only on the Stock Exchanges havingelectronic connectivity with NSDL or CDSL. The Stock Exchange/s have connectivity with NSDL andCDSL.x. Interest or other benefits with respect to the NCDs held in dematerialised form would be paid to those158