Rights Issue

Only Resident Investors making payment through own resident bank account can avail this facility. Non-resident Investors cannot use R-WAP.

Yes, shareholders holding Equity Shares in physical form, can apply through R-WAP, but shareholders have to provide their demat account details to the Company or the Registrar not later than two working days prior to the Issue Closing Date, to enable the credit of the Rights Entitlements by way of transfer from the escrow demat account to their respective demat accounts, at least one day before the Issue Closing Date. Such Eligible Equity Shareholders holding shares in physical form can update the details of their respective demat accounts on the website of the Registrar (i.e., https://www.skylinerta.com/submit-document-to-rta.php). Such Eligible Equity Shareholders hold Rights Equity Shares in physical form as on Record Date, can make an Application only after the Rights Entitlements is credited to their respective demat accounts.

In case you are an Eligible Equity Shareholder holding Equity Shares as on record date then you may refer either to the Rights Entitlements credited to your demat account or the Rights Entitlements Letter sent to you.
Eligible Equity Shareholders can obtain the details of their respective Rights Entitlements from the website of the Registrar (i.e. http://www.skylinerta.com/display_entitlement.php) by entering their DP ID and Client ID or Folio Number (in case of Eligible Equity Shareholders holding Equity Shares in physical form) and PAN.

1. Resident Eligible Equity Shareholders holding Equity Shares in demat form as on the Record Date.
2. Resident Eligible Equity Shareholders holding Equity Shares in physical folio as on the Record Date.
3. Resident Renouncee's having Rights Entitlements and also holding a valid demat account

At the R-WAP, resident Investors can access and submit the online Application Form in electronic mode using the R-WAP and make online payment using their internet banking or UPI facility from their own bank account thereat.

In case of non-Allotment or partial Allotment, surplus Application Money shall be refunded to the Investor after finalization of Basis of Allotment in consultation with the Designated Stock Exchange.

Yes, it is and additional optional mechanism for application in the Issue along with the ASBA mechanism.

No.

Yes, you may apply for additional shares along with entitled shares. Investors are eligible to apply for additional Rights Equity Shares over and above their Rights Entitlements, provided that they are eligible to apply for Rights Equity Shares under applicable law and they have applied for all the Rights Equity Shares forming part of their Rights Entitlements without renouncing them in whole or in part.

Eligible Equity Shareholders who renounce their Rights Entitlements cannot apply for additional Rights Equity Shares. Non-resident Renouncees who are not Eligible Equity Shareholders cannot apply for additional Rights Equity Shares. Further, resident Eligible Equity Shareholders who hold Equity Shares in physical form as on the Record Date cannot renounce until the details of their demat account are provided to our Company or the Registrar and the dematerialised Rights Entitlements are transferred from escrow demat account to the respective demat accounts of such Eligible Equity Shareholders within prescribed timelines. However, Such Eligible Equity Shareholders, where the dematerialised Rights Entitlements are transferred from the escrow demat account to the respective demat accounts within prescribed timelines, can apply for additional Rights Equity Shares while submitting the Application through ASBA process or using R-WAP.

Yes, In case of an UPI.
Only retail internet banking facility is available on R-WAP. Corporates can’t apply through internet banking on R-WAP.

In case you are using a Net Banking facility for making payment, then the option is available only for below mentioned banks:

No. The bank details to be used for making payment through this platform must have your name as one of the joint holders along with the family / friends otherwise it will be treated as third party payments and will be rejected as per May 06, 2020 Rights Issue Circular and July 24, 2020- Rights Issue Circular. The same should be specified while making the application.

No. Option to use credit card for making payment is not available on this platform

In case of Net Banking, there is no restriction on amount on R-WAP. However, maximum amount will be as per the limit set by applicants’ respective banks. In case of UPI, the payment can be made only upto Rs. 2 lakhs.

Please check if you have provided the correct details. You can write to us at on our given numbers.

Please write to us at [email protected] or call us at (011- 40450193-97,) and we shall provide the status.

No. Once the application is submitted, it is final. However, application can be withdrawn by sending an email with withdrawal request during the issue period. Further, no Investor can withdraw his/ her/ its application post the Issue Closing Date.

• 1. In case you are making payment through existing bank details registered with your folio number or Demat account, please make sure that the same bank account is linked to the UPI ID (VPA) which you will enter on payment page (payment gateway); else the same will be rejected.
• 2. In case you enter a UPI ID (VPA) and approve the payment on your UPI linked mobile app, in case the amount is first debited and then credited back to your account, please understand that the bank account provided by you on R-WAP is not linked to the UPI ID (VPA) entered by you on the payment page and is rejected on account of Third Party Payments.
• 3. In case you are making payment using UPI, please follow the same: -
• a. Provide the UPI ID (virtual payment account i.e. “VPA”) which is linked to the bank account provided by you;
• b. Check the notification on your mobile from the UPI App;
• c. Click the notification and login to the UPI App and authorize the payment after checking payment amount
• d. In case you miss to check your mobile notification and miss to authorize the UPI request; the same will expire and payment will not be completed


• 4. How to check the bank account linked to your UPI ID (VPA)
• a. Click the profile and you will find the bank account linked to the UPI ID (VPA)
• b. In most of the UPI Apps, the bank account number linked to the UPI ID (VPA) is available on the landing page of UPI (for instance in BHIM app)


• 5. How to get your UPI ID (VPA)
• a. Go to your UPI App
• b. Check on the landing page; the UPI ID (VPA) will be on the top;
• c. Else click the profile and obtain the UPI ID (VPA)


• 6. How to avoid payment failures on account of Third Party Validation failure?
• a. If you are using existing bank linked to your demat account for payment; kindly ensure to check your bank details including availability of IFSC
• b. In case you chose to change bank account for payment:
• i. You are not the sole holder in the bank account; please select the Mode of holding as Joint;
• ii. You are not the first holder in the joint bank account; please select the holding level as 2 or 3 (as in your bank records)
• iii. In place of Name of the first Holder on Change bank details page, please enter the Name of first holder in the joint bank account, as in the bank records
• iv. If above instructions are not followed, the third party validation may fail and payment for application may not processed.
• c. In case you chose to change bank detail for payment, ensure that your name as per bank records is matching with your name as mentioned as Eligible Equity Shareholder’s Name in R-WAP; else the same will be rejected on account of Third Party validation; where Mode of holding is selected as Single (indicating that you are the sole holder of the bank account)
• d. When payment is being made through net banking and you proceed to your Bank Page (through the payment gateway) please ensure to use the same login credentials which is linked to the existing or updated (in case of change in bank details) bank details as appearing in the R-WAP; else the payment will be failed on account of Third Party payment


• 7. There are banks (as listed above) where Net Banking facility is available on R-WAP. In case you find that the tab of Pay using Net Banking is disabled, then your bank details are not part of the banks registered in R-WAP. Thus, you will either have to change bank details for net banking enabled banks or pay using UPI (virtual payment account details will be required where same bank details are linked).

Yes, applicants can apply for any number of additional shares but the allotment of the same will depend on shares available for apportionment and will also be in proportion to your holding, irrespective of additional shares applied by applicants.

Rights Entitlement (RE) is the rights issued by the company to the existing shareholders to subscribe to the new shares / other securities that the shareholder of a company is eligible to apply for under the rights offer. REs are offered to shareholders based on a ratio of existing equity shares held as on the record date.

Eligible Equity Shareholder can:

1. apply for their Rights Equity Shares to the full extent of their Rights Entitlements; or
2. apply for their Rights Equity Shares to the full extent of their Rights Entitlements and apply for additional Rights Equity Shares; or
3. apply for their Rights Equity Shares to the extent of a part of their Rights Entitlements (without renouncing the other part); or
4. apply for Rights Equity Shares to the extent of a part of their Rights Entitlements and renounce a part / rest of their Rights Entitlements; or
5. renounce their Rights Entitlements in full.

Rights Entitlements (REs) are issued in dematerialised form under a separate ISIN created by the Company.

(a) On Market Renunciation
The Investors may renounce the Rights Entitlements, credited to their respective demat accounts by trading/selling them on the secondary market platform of the Stock Exchanges through a registered stock broker in the same manner as trading / selling Equity Shares of the Company.

(b) Off Market Renunciation
The Investors may renounce the Rights Entitlements, credited to their respective demat accounts by way of an off-market transfer through a depository participant. The Rights Entitlements can be transferred in dematerialised form only.

Eligible Equity Shareholders are requested to ensure that renunciation through off- market transfer is completed in such a manner that the Rights Entitlements are credited to the demat account of the Renouncees on or prior to the Issue Closing Date.

Rights Entitlements (REs) which are neither subscribed nor renounced on or before the Issue Closing Date shall lapse and shall be extinguished after the Issue Closing Date.

Yes. Persons who have bought Rights Entitlements (REs) through On market renunciation / Off market renunciation, are eligible to apply for the shares / other securities offered under Rights Issue to the extent of the REs available in their demat account.

If no application is made by the purchaser of REs on or before Issue closing date then such REs will get lapsed and shall be extinguished after the Issue Closing Date. No shares / other securities for such lapsed REs will be credited, even if such REs were purchased from market and purchaser will lose the premium paid to acquire the REs.

Persons who have bought Rights Entitlements (REs), shall require to make an application and apply for shares / other securities offered under Rights Issue, if they want to subscribe to the shares / other securities offered under Rights Issue.

Investors can make payment only using bank account held in their own name. Applications made with payment using third party bank accounts are liable to be rejected

Yes. All joint holders must sign the relevant part of the Application Form in the same order and as per the specimen signature(s) recorded with the SCSB. In case of joint Applicants, reference, if any, will be made in the first Applicant’s name and all communication will be addressed to the first Applicant.

No

No

No

An Eligible Equity Shareholder who is eligible to apply under the ASBA process may make an Application to subscribe to the Issue on plain paper. An Eligible Equity Shareholder shall submit the plain paper Application to the Designated Branch of the SCSB for authorising such SCSB to block Application Money in the said bank account maintained with the same SCSB. Applications on plain paper will not be accepted from any address outside India.

Please note that the Eligible Equity Shareholders who are making the Application on plain paper shall not be entitled to renounce their Rights Entitlements and should not utilize the Application Form for any purpose including renunciation even if it is received subsequently.

In case of non-Allotment or partial Allotment, surplus Application Money shall be refunded to the Investor after finalization of Basis of Allotment in consultation with Designated Stock Exchange.

Physical shareholders shall be required to provide their demat account details to Issuer / Registrar to the Issue for credit of REs not later than two working days prior to the issue closing date, such that credit of REs in their demat account takes place at least one day before the issue closing date. This is to ensure that applications made by the shareholders are not rejected due to non-availability of REs in their demat account, as on issue closing date.

Shareholder are required to make the application on or prior to the Issue closing date. Application will be considered only if REs are in the demat account furnished.

The investors can get information related to REs in the letter of offer filed by the issuer company with Stock Exchanges. The letter of offer is also available on RTA website under sections “Home »Investoer» Rights Issues” The investors are advised to read the letter of offer carefully.

An Investor who has applied in this Issue may withdraw their Application at any time during Issue Period by approaching the SCSB where application is submitted. However, no Investor applying through ASBA facility may withdraw their Application post the Issue Closing Date.