Shriram City Union Finance Limited - Karvy

iii) In the event, there are more than one applicant whose entitlement remain equal after the mannerof distribution referred to above, our Company will ensure that the basis of allotment is finalisedby draw of lots in a fair and equitable manner.(g)Applicant applying for more than one series of NCDs: If an applicant has applied for more than oneseries of NCDs, (Option I and Option II, individually referred to as “Series”), and in case suchapplicant is entitled to allocation of only a part of the aggregate number of NCDs applied for, theSeries-wise allocation of NCDs to such applicants shall be in proportion to the number of NCDs withrespect to each Series, applied for by such applicant, subject to rounding off to the nearest integer, asappropriate in consultation with Lead Managers, the Co-Lead Manager and Designated StockExchange.All decisions pertaining to the basis of allotment of NCDs pursuant to the Issue shall be taken by ourCompany in consultation with the Lead Managers, the Co-Lead Manager and the Designated StockExchange and in compliance with the aforementioned provisions of this Draft Prospectus.Our Company would allot Option I NCDs to all valid applications, wherein the applicants have notindicated their choice of the relevant Series of NCDs (Option I, or Option II).15. Investor Withdrawals and Pre-closureInvestor Withdrawal: Applicants are allowed to withdraw their applications at any time prior to the closure ofthe Issue.Pre-closure: Our Company, in consultation with the Lead Managers and the Co-Lead Manager reserve theright to close the Issue at any time prior to the Closing Date, subject to receipt of minimum subscription forNCDs aggregating to 75% of the Base Issue. Our Company shall allot NCDs with respect to the applicationsreceived at the time of such pre-closure in accordance with the Basis of Allotment as described hereinabove andsubject to applicable statutory and/or regulatory requirements.16. Utilisation of Application MoneyThe sum received in respect of the Issue will be kept in separate bank accounts and we will have access to suchfunds as per applicable provisions of law(s), regulations and approvals.17. Utilisation of Issue Proceedsa) All monies received pursuant to the Issue of NCDs to public shall be transferred to a separate bankaccount other than the bank account referred to in sub-section (3) of section 73 of the Act.b) Details of all monies utilised out of Issue referred to in sub-item (a) shall be disclosed under anappropriate separate head in our Balance Sheet indicating the purpose for which such monies had beenutilised; andc) Details of all unutilised monies out of issue of NCDs, if any, referred to in sub-item (a) shall bedisclosed under an appropriate separate head in our Balance Sheet indicating the form in which suchunutilised monies have been invested.d) We shall utilize the Issue proceeds only upon creation of security as stated in this Draft Prospectus and onreceipt of the minimum subscription of 75% of the Base Issue.e) The Issue proceeds shall not be utilized towards full or part consideration for the purchase or any otheracquisition, inter alia by way of a lease, of any property.162