An entity falling within the definition of a “Qualified Institutional Buyer” as defined in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time;

A Company incorporated under the Companies Act 2013 (of India) or equivalent legislation in force in a foreign country with a minimum net worth of Rs. 20,000,000 (Rupees Twenty Million or equivalent in the currency of the foreign country), the net worth of whom has been certified by a chartered accountant if it is a resident in India and by a certified public accountant or a chartered accountant or a banker if it is a resident outside India, or by a resolution of the board of directors), as may be acceptable to us;

An individual (high net worth individual, also called “HNI") who is over 18 (eighteen) years of age and who has a minimum net worth of Rs. 20,000,000 (Rupees Twenty Million or equivalent in the currency of the country where the individual is resident) or more and who has provided a declaration in the form of a certificate certifying/confirming his/her net-worth. Where an HNI is investing through a holding company or such other legal entity, then the net worth requirement of such holding company or other legal entity shall be reckoned on the basis of net worth of the principal shareholder/ owner/ promoter of such company or legal entity. Such a company or legal entity shall provide a net worth certificate by a chartered accountant if it is a resident in India and by a certified public accountant or a chartered accountant or a banker for if it is a resident outside India, or such other certification as may be acceptable to us confirming that its principal shareholder/owner/promoter meets the net-worth criterion applicable to an HNI.

An individual ("Eligible Retail Investor" / "ERI") who is over 18 (eighteen) years of age and who has an annual income (from all sources) of at least Rs. 5,000,000 (Rupees Five Million or equivalent in the currency of the country where the individual is resident) and who has provided a declaration in the form of a certificate, certifying / confirming his/her annual income. Where an ERI is investing through a holding company or such other legal entity, then the annual income requirement of such holding company or other legal entity shall be reckoned on the basis of annual income of the principal shareholder/ owner/ promoter of such company or legal entity. Such a company or legal entity shall provide an annual income certificate by a chartered accountant if it is resident in India and by a certified public accountant or a chartered accountant or a banker if it is resident outside India, or such other certification, as may be acceptable to us confirming that its principal shareholder/ owner/promoter meet the annual income criterion applicable to an ERI.