Non-Individuals (CDSL)

• KRA Form to be filled in ENGLISH and in BLOCK LETTERS for each and every Holder• Self attested copy of PAN card is mandatory for all clients, including Promoters/Partners/Trustees and whole time directors and persons authorized to deal in securities on behalf of

company/firm/others.• Attested copy of PAN of the applicant company• Name & address of the applicant mentioned on the KYC form, should match with the documentary proof submitted.• If correspondence & permanent address are different, then proofs for both have to be submitted.• Copies of all the documents submitted by the applicant should be self-attested and accompanied by originals for verification. In case the original of any document is not produced for

verification, then the copies should be duly attested by entities authorized (Notary Public, Court, Magistrate, Judge, authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Indian Embassy / Consulate General in the country where the client resides) for attesting the documents.

• If any proof of identity or address is in a foreign language, then translation into English is required. • Copy of the balance sheets for the last 2 financial years (to be submitted every year). • Copy of latest share holding pattern including list of all those holding control, either directly or indirectly, in the company in terms of SEBI takeover Regulations, duly certified by the company

secretary/Whole time director/MD (to be submitted every year). • Photograph, POI, POA, PAN and DIN numbers of whole time directors/two directors in charge of day to day operations. • Photograph, POI, POA, PAN of individual promoters holding control - either directly or indirectly. • Copies of the Memorandum and Articles of Association and certificate of incorporation. • Copy of the Board Resolution for investment in securities market. • Authorized signatories list with photographs signed across and specimen signatures.

SEBI Mandatory Requirements

1. In case of additional signatures, separate annexure should be attached to the application form.2. Proof of Address of the Corporate- Documents registered with Registrar of companies/Bank statements not more than three months old/ Registered Lease or Sale

Agreement/Utility Bills not more than three months old.3. Thumb impressions and signatures other than English or Hindi or any of the other language not contained in the 8th Schedule of the Constitution of India must be attested by a Magistrate or a

Notary Public or a Special Executive Magistrate or a Indian Embassy or a Consulate General in the country where the client resides . 4. Strike off whichever is not applicable.

Notes

Depository Account Opening Documents (AOD) - Checklist (Investor)

Date:____________________ Name of the clearing Member:_______________________________________________________________________________

Name of the corporate: ________________________________________________________________________________________________________________

CM ID (for clearing member only)________________________________________________________________________________________________________

Name of the DocumentsSubmitted

YesExceptions, if any

Account Opening Form*

Depository Agreement

SEBI Certificate for clearing member

Stock Exchange Letter for clearing member

CC Letter (CM-ID) for clearing member

Memorandum & Articles of Association for corporate

Trust Deed in case of Trust

Board Resolution / Trust Resolution for Corporates / Trust

Specimen Signatures List

Fax Indemnity (Optional)*

Current A/c.

Debit authorisation

Standing Instruction for credit

No

Applicable Stamp Duty* Fax Indemnity on Rs. 300/- Stamp PaperNOTE: ANY CORRECTION / ALTERATION IN THE FORM REQUIRES SIGNATURE OF ALL HOLDERS.* For Documents to be submitted see options as given overleaf* Attach all ID Proofs, Address Proofs and relevant documents on last page only

KNOW YOUR CLIENT (KYC) APPLICATION FORM (FOR NON-INDIVIDUALS)HDFC Bank Ltd. Depository Services, Titanic Building, 3rd Floor, 26 A Narayan Properties, Chandivali Farm Road,

Off. Sakivihar Road, Chandivali, Andheri(E), Mumbai-400 072. Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai 400 013.

Acknowledgment No.

PART I

Please affix yourrecent passport size

photograph

(Signature across

the photograph)Name of the Applicant:

A. Identity Details Please fill this form in ENGLISH and in BLOCK LETTERS.

D D M M Y Y Y Y

Status:please tick any one

Date of Incorporation:

Place of Incorporation:

PAN: (Mandatory)

Registration No. e.g (CIN)

Private Limited Co. Bank Partnership Public Ltd. Co. Government Body FI

Body Corporate Non Government Organization Trust Defense Establishment HUF

FII

Charities

Society AOP NGO’s LLP BOI Others (Please Specify)

Date of Commencement of Business: D D M M Y Y Y Y

Any other information:_________________________

New Change Request(please tick the appropriate) DP Id: Client Id:

(Please fill the appropriate row where CHANGE / CORRECTION is required and provide the details is corresponding rows)

B. Address Details

Address for Correspondence

City/Town/Village

Pin Code (Mandatory)Country

Mobile No.: 9 1

Contact Details

Fax. No.:

Tel. Office:

Tel Resi:

Email ID:

Specify the proof of address submitted for Correspondence address:

State

L A N D M A R K I F A N Y

Specify the proof of address submitted for Registered address:

(if different from above)Registered Address

City/Town/Village

Pin Code (Mandatory)Country

State

L A N D M A R K I F A N Y

C. Other Details

Gross Annual Income Details:(Income Range per annum)

Rs.<100,000 Rs. 500,000 - 10,00,000

Rs. 10,00,000 - 25,00,000

Rs. 100,000 - 500,000

Rs. 25,00,000 - 100,00,000

1

Net Worth (________________________) (Net worth should not be older than 1 year)

As on date DD / MM / YYYY`

Rs > 100,00,000

2

Name & Signature of theAuthorised Signatory(ies)

(As per mode of operation in Demate a/c)

I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I/we undertake to inform you of therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am/we are aware that I/we may be held liable for it.

any changes

Declaration

D D M M Y Y Y YDate: Place:_____________________________

FOR

OFFI

CE U

SE O

NLY

Signature of the Authorised Signatory

(Originals Verified) True Copies of documents received (Self-Attested) Self Certified Document copies received

D D M M Y Y Y YDate:

Name of the staff who has carriedout the in-person verification:

Designation: ___________________________________

Name of the organisation: HDFC Bank Ltd.

Seal/Stamp ofthe intermediary

Politically Exposed Person (PEP)

Related to a Politically Exposed Person (PEP)

Any other information:

Name, PAN, DIN/UID, Residential address and photographs of Promoters / Partners / Karta / Trustees / Whole time directors

DIN/UIDof Promoters/Partners/Karta and whole time directors:

Please tick, if applicable, for any of your authorized signatories/Promoters/Partners/Karta/Trustees/whole time directors:

If space is insufficient, enclose these details separately [Illustrative format enclosed]

X

Sr.No.

Name Relation withApplicant

PAN Residential / Registered Address DIN/UID Photograph

Name & Signature of Authorised Signatory(ies)

D D M M Y Y Y YDate:

Details of Promoters/ Partners/ Karta / Trustees and whole time directors forming a part of Know Your Client (KYC)Application Form for Non-Individuals

(Signature across

the photograph)

(Signature across

(Signature across

(Signature across

(Signature across

the photograph)

the photograph)

the photograph)

the photograph)

X

3

A. IMPORTANT POINTS:1. Self attested copy of PAN card is mandatory for all clients.2. Copies of all the documents submitted by the applicant should be selfattested and

accompanied by originals for verification. In case the original of any document is not produced for verification, then the copies should be properly attested by entities authorized for attesting the documents, as per the below mentioned list.

3. If any proof of identity or address is in a foreign language, then translation into English is required.

4. Name & address of the applicant mentioned on the KYC form, should match with the documentary proof submitted.

5. If correspondence & permanent address are different, then proofs for both have to be submitted.

6. Sole proprietor must make the application in his individual name & capacity.7. For non-residents and foreign nationals, (allowed to trade subject to RBI and FEMA

guidelines), copy of passport/PIOCard/ CICard and overseas address proof is mandatory.

8. For foreign entities, CIN is optional; and in the absence of DIN no. for the directors, their passport copy should be given.

9. In case of Merchant Navy NRI’s, Mariner’s declaration or certified copy of CDC (Continuous Discharge Certificate) is to be submitted.

10.For opening an account with Depository participant or Mutual Fund, for amin or, photocopy of the School Leaving Certificate/Mark sheet issued by Higher Secondary Board/Passport of Minor/Birth Certificate must be provided.

11.Politically Exposed Persons (PEP) are defined as individuals who are or have been entrusted with prominent public functions in a foreign country, e.g., Heads of States or of Governments, senior politicians, senior Government/ judicial/military officers, senior executives of state owned corporations, important political party officials, etc.

B. Proof of Identity( POI): List of documents admissible as Proof of Identity:1. PAN card with photograph. This is a mandatory requirement for all applicants

except those who are specifically exempt from obtaining PAN (listed in Section D).2. Unique Ident i f icat ion Number (UID) (Aadhaar)/Passpor t/Voter ID

card/Driving license.3. Identity card/ document with applicant’s Photo, issued by any of the following:

Central/State Government and its Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutions, Colleges affiliated to Universities, Professional Bodies such as ICAI, ICWAI,ICSI, Bar Council etc., to their Members; and Credit cards/ Debit cards issued by Banks.

C. Proof of Address (POA): List of documents admissible as Proof of Address:(*Documents having an expiry date should be valid on the date of submission.)1. Passport/Voters Identity Card/Ration Card/Registered Lease or Sale Agreement of

Self attested copy of PAN card is mandatory for all clients.Residence/Driving

INSTRUCTIONS / CHECK LIST FOR FILLING KYC FORM

4

License/Flat Maintenance bill/Insurance Copy.2. Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill - Not more than

3 months old.3. Bank Account Statement/Passbook - Not more than 3 months old.4. Self-declaration by High Court and Supreme Court judges, giving the new address in

respect of their own accounts.5. Proof of address issued by any of the following: Bank Managers of Scheduled

Commercial Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/Gazetted Officer/Notary public/Elected representatives to the Legislative Assembly/Parliament/Documents issued by any Govt. or Statutory Authority.

6. Identity card/document with address, issued by any of the following: Central/ State Government and its Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, Public Financial Institutions,Colleges affiliated to Universities and Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc.,to their Members.

7. For FII/sub account, Power of Attorney given by FII/sub-account to the Custodians (which are duly notarized and/or apostiled or consularised) that gives the registered address should be taken.

8. The proof of address in the name of the spouse may be accepted.D. Exemptions/clarifications to PAN (*Sufficient documentary evidence in support of such claims to be collected.)1. In case of transactions undertaken on behalf of Central Government and/or State

Government and by officials appointed by Courts e.g. Official liquidator, Court receiver etc.

2. Investors residing in the state of Sikkim.3. UN entities/multilateral agencies exempt from paying taxes/filing tax returns in India.4. SIP of Mutual Funds upto Rs 50,000/- p.a.5. In case of institutional clients, namely, FIIs, Mfs, VCFs, FVCIs, Scheduled Commercial

Banks, Multilateral and Bilateral Development Financial Institutions, State Industrial Development Corporations, Insurance Companies registered with IRDA and Public Financial Institution as defined under section 4A of the Companies Act, 1956, Custodians shall verify the PAN card details with the original PAN card and provide duly certified copies of such verified PAN details to the intermediary.

E. List of people authorized to attest the documents:1. Notary Public, Gazetted Officer , Manager of a Scheduled Commercial/ Cooperative

Bank or Multinational Foreign Banks (Name, Designation & Seal should be affixed on the copy).

2. In case of NRIs, authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Notary Public, Court Magistrate, Judge, Indian Embassy/Consulate General in the country where the client resides are permitted to attest the documents.

F. Incase of Non-Individuals, additional documents tobe obtained from non-individuals, over & above the POI & POA, as mentioned below;Documentary requirements• Copy of the balance sheetsfor the last 2 financial years (to be submitted every year)• Copy of latest share holdingpattern including list of all those holding control, either directly or indirectly, in the company in terms of SEBI• takeover Regulations, duly certified by the company secretary/Whole time director/MD(to be submitted every year)• Photograph, POI, POA, PANand DIN numbers of whole time directors/two directors in charge of day to day operations• Photograph, POI, POA, PANof individual promoters holding control – either directly or indirectly• Copies of the Memorandum and Articles of Association and certificate of incorporation• Copy ofthe Board Resolution for investment in securitiesmarket• Authorised signatories list with specimen signatures• Copy of the balance sheets for the last 2 financial years (to be submitted every year)• Certificate of registration (for registered partnership firms only)• Copy of partnership deed• Authorised signatories list with specimen signatures• Photograph, POI, POA, PAN of Partners• Copy ofthe balance sheetsfor the last 2 financial years (to be submitted every year)• Certificate of registration (for registered trust only). Copyof Trust deed• List of trustees certified by managingtrustees/CA• Photograph, POI, POA, PANof Trustees• PAN of HUF• Deed of declaration of HUF/List of coparceners• Bank pass-book/bank statement in thename of HUF• Photograph, POI, POA, PAN of Karta• Proof ofExistence/Constitution document• Resolution of the managing body & Power of Attorney granted to transact business on its behalf• Authorized signatories list with specimen signatures• Copy of the constitution/registration or annual report/balance sheet for the last 2 financial years• Authorized signatories list with specimen signatures• Copy of SEBI registration certificate• Authorized signatories list with specimen signatures• Self-certification on letterhead• Authorized signatories list with specimen signatures• Copy of Registration Certificate underSocietiesRegistration Act • List of Managing Committeemembers• Committee resolution for persons authorised to act as authorised signatorieswith specimen signatures• True copy of Society Rules and Bye Laws certified by the Chairman/Secretary

Types of entityCorporate

Partnership firm

Trust

HUF

Unincorporated Association or a body of individuals

Banks/Institutional Investors

Foreign Institutional Investors (FII)

Army/Government Bodies

Registered Society

APPLICATION FOR OPENING DEPOSITORY ACCOUNTCENTRAL DEPOSITORY SERVICES (INDIA) LTD.

( For Non-Individuals only) HDFC Bank Ltd. Depository Services, Titanic Building, 3rd Floor, 26 A Narayan Properties, Chandivali Farm Road, Off. Sakivihar Road, Chandivali, Andheri(E), Mumbai-400 072.

Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai 400 013.

PART II

S. No.

Sole / First Holder Name

Second Holder Name

Third Holder Name

Details of A/C holders

5

Client ID(To be filled by Participant) Date

We request you to open a depository account in our name as per the following details:(Please fill all the details in CAPITAL LETTERS only)

Type of Account

For HUF, Partnership Firm, Unregistered Trust, Association of Persons (AOP) etc., although the account is opened in the name of the karta, partner(s), trustee(es) etc., the name & PAN of the HUF, PartnershipFirm, UnregisteredTrust, Association of Persons (AOP) etc., should be mentioned below

Name

PAN

Bank Details (Mandatory for the Sole/First Demat account holder for receiving credit of Dividend/Interest)

Bank Account Type:

Bank Account No.

Bank Name :

Branch Address :

RTGS / NEFT / IFSC Code:

Building/Tower/Apartment/Palace/Chamber/Mansion/Street/Road/Marg/Lane/Avenue/Rasta

Branch Code

City/Town/Village

Country

State Pin Code (Mandatory)

MICR Code :

Saving Account

UCIC IDPAN

UCIC IDPAN

UCIC IDPAN

Body Corporate

Bank

FI

Mutual Fund

HUF

AOP

Unregistered Trust

FII

TRUST

Other (Please specify)____________________________

Partnership Firm

CM

In case of FIIs/Others (as may be applicable)

RBI Approval Reference Number Date

SEBI Registration Number (for FIIs)

DP ID: 13012400 / 13020700

Current Account Other (please specify)_______________________________

SMS Alert facility

Sole/First Holder Yes No Second Holder Yes No Third Holder Yes No

6

Authorised for Debiting the Current Account & Undertaking for the Payment of Interest In case of occurrence of Debit Balances (Corporate /CM) Debit Authorisation

We, _________________________________________________________________________________________________________________________ a company incorporated and registered under the laws of, its Registered Office at ____________________________________________, having ____________ __________________________________________________________________________________________________________________________ _____________________________________________________________________________________________________________________________ _________(hereinafter) referred to as the ”Company” which expression small, unless it be repugnant to the Context or meaning thereof, mean and including its successors in title) maintain a Current Account (the Current Account) with HDFC Bank Limited., a Banking company incorporated and registered under the Companies Act, 1956 and having its Registered Office at HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai 400 013. hereinafter called ”the Bank” (which expression shall unless it be repugnant to the context or meaning thereof mean and inc lude i ts successors in t i t le) a t i ts__________________________________________ __________________________________________(Name and Address of the Branch) and

the Current Account No. is The Company hereby authorise the Bank to debit all types of Bank charges / commission / fees (”Service Charges”) payable by me / us to the Current Account. The Company hereby undertake that sufficient balances shall be maintained in the Current Account to facilitate the debiting of Service Charges. The failure on part of the Company to maintain sufficient balance in the Current Account shall not any way impair the right of the Bank to debit the Service Charges. The Company hereby further authorise the bank to charge any interest on debit balance in the Current Account due to the debiting of Service Charges.The Bank shall not be obliged to provide overdraft facility on the Current Account but for towards the debiting of Service Charges payable by the company. The Company specifically agrees and confirm that any matter or issue arising hereunder shall be governed by and construed exclusively in accordance with the Indian laws and shall be subject to the jurisdiction of the courts of Mumbai in India.

Signature

Name (Mr./Ms.)

X

D D M M Y Y Y Y

Signature of witness

Witness Name (Mr./Ms.)

XW

D D M M Y Y Y Y

Signatures tallied by ________ _____________________________________________________________________

Dated _____________________ Initial _________________

FOR

OFFI

CE U

SE O

NLY

We authorise you to receive credits automatically into our account. Yes

Yes

No

NoAccount to be operated through Power of Attorney (POA)

Standing Instructions

1 Name of stock exchange

Clearing Member Details (To be filled by clearing member only)

2 Name of Clearing Corporation / Clearing House

3 Clearing Member ID

4 SEBI registration no

5 Trade Name

6 CM-BP-ID (to be filled by participant)

Note: 1st Year Folio maintenance charges would be free for the first Demat account linked to savings account.Conditions:Two options for the recovery of the demat service chargesOption: 1o Customers who have a depository relationship only will be required to pay an advance fees of Rs. 7,500/-, for each demat account, which will be adjusted against service charges. The customer will also undertake to

replenish the balances immediately when it falls below Rs. 5,000/-Option: 2o Customers who have a banking relationship with HDFC Bank will provide a debit authorisation for the recovery of service charges.Common Clauseso The above charges are exclusive of Service tax which is currently @ 12.36% and other levies levied by Government bodies / statutory authority from time to time.o Charges/ service standards are subject to revision at the Bank’s sole discretion and as informed by circulars sent by ordinary post.o Folio Maintenance Charges are non-refundable and are levied upfront for a period of one year at the beginning of the period.o Value of the transaction will be in accordance with rates provided by Depository.o Transaction charges will be payable monthly. Charges quoted above are for the services listed. Any service not quoted above will be charged separatelyo *Pledge services will include individually pledge creation request, , closure requisition, Pledge invocation receipt, Pledge invocation delivery favouring other counterparties only. For marking pledge in favour of HDFC Bank,

fees will be 0.02% of the value of the shares subject to a minimum of Rs. 25 per transaction.o Operating instructions for the joint accounts must be signed by all the holders.o All instructions for transfer must be received at the designated branches of the Bank atleast 24 hours before the execution date.o For late instructions, the service standards and charges are as under :

Tariff Sheet Customised Fee Schedule for Depository Services - CDSL Demat Account Opening (Corporate)

S. No.

7

Sr. No. Fee Head Fees Min / Max

1. Account Opening NIL

DeclarationThe rules and regulations of the Depository and Depository Participants pertaining to an account which are in force now have been read by us and we have understood the same and we agree to abide by and to be bound by the rules as are in force from time to time for such accounts. We hereby declare that the details furnished above are true and correct to the best of our knowledge and belief and we undertake to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, we are aware that we may be held liable for it.

Signature

First signatory name (Mr./Ms.)

D D M M Y Y Y Y

Signature

S econd name (Mr./Ms.)signatory

D D M M Y Y Y Y

Signature

Third name signatory (Mr./Ms.)

D D M M Y Y Y Y

XX X

Authorised Signatories (Enclose a Board Resolution for Authorised Signatories)

Signature

Second holder name (Mr./Ms.)

D D M M Y Y Y Y

Signature

T hird holder name (Mr./Ms.)

D D M M Y Y Y Y

XX

Other Holders

Mode of Operation for Sole / First Holder (In case of joint holdings, all the holders must sign)

Any one singly Jointly by As per resolution Others (please specify)_______________________________

-

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

Dematerialisation

Rematerialisation

Equity Transaction - Sell

Equity Transaction - Buy

Folio Maintenance

Pledge Services*

Asset Holding**

Debt Transactions - Sell

Debt Transactions - Buy

Mailing charges for non periodicStatements and other communication

Settlement Charges

Rs. 5 per certificate, plus Rs. 35/- per request

Rs. 30/- per request + at Actuals, Currently

a) Rs. 10/- for every hundred securities or part thereof; or

b) a flat fee of Rs. 10/- per certificate whichever is higher

0.04% of the value of the transaction

NIL

Rs. 500.00 per demat account per annum for Individual/HUF/NRI and Trust Accounts

0.04% of the value of the shares

NIL

0.04% of the value of the transaction, Minimum Rs. 500/- and Maximum Rss. 5000/- per Txn

NIL

Rs. 25/- per request for inland addressRs. 500/- per request for foreign address

At actuals charged by CDSL, CM Pool Rs. 250/- per monthCM principal Rs. 250 per month, Clearing Members Rs. 500/- per month

Rs. 40/-

Rs. 40/- (Min)

Rs. 5,00,000 (Max)

Rs. 25.00

-

-

Rs. 25.00

-

Rs. 500.00 per Txn

-

-

Rs. 3000/-

Please note that in case we are unable to recover the service charges due to non-maintenance of adequate balances in the bank account / inadequate advance fees / invalid bank account, depository services for your account will be temporarily discontinued. Any request to resume the services will be charged Rs. 250.00 and the services will be resumed in a minimum of three working days from the date of receipt of request at CPU, Mumbai

Instruction Receipt Date Charges RemarksOn the execution date 0.25% on the value of the transaction, minimum of Rs. 25/- per instruction Accepted only at client’s risk

Rs. 1000.00 per demat account per annum for others

X C5

X C6

X C7

DP Agreement

For & behalf of the Client (Signed and delivered by)

X (Signature of 1st Holder) X (Signature of 2nd Holder) X (Signature of 3rd Holder)

For and behalf of HDFC Bank Ltd.,Signed and delivered by

Witness Signature __________________________________________________________________

Witness Name __________________________________________________________________

Address ___________________________________________________________________

___________________________________________________________________

Name of the Witness

Address of the Witness Pin Code (Mandatory)

X W

(Signature of witness)

Signature of the Authorised Signatory

8

AGREEMENT BETWEEN THE DEPOSITORY PARTICIPANT AND THE PERSON SEEKING TO OPEN AN ACCOUNT WITH THE DEPOSITORY PARTICIPANTThis agreement made and entered into at ____________________________ this _____________________________________ day of ________ between HDFC Bank Limited (Description of the legal entity) having its office/registered office at HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai-400013 hereinafter called "the Participant" of the One Part , AND___ ________________________________ , having his/ its office/registered office address at ___________________________________________________, hereinafter called "the Beneficial Owner" of the Other Part.WHEREAS the Beneficial Owner is desirous of opening a beneficial owner's account with the Participant and the Participant has agreed to open an account in the name of the Beneficial Owner and render services to the Beneficial Owner as a participant, on the terms and conditions recorded herein below:

NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:General Clause1 The par ties hereto agree to abide by the provisions of the' Depositories Act, 1996, SEBI (Depositories and Participants) Regulations, 1996, Bye Laws and Operating Instructions issued by

CDSL from time to time in the same manner and to the same extent as if the same were set out herein and formed part of this AgreementFees, Charges and deposits2. The Participant shall be entitled to change or revise the fees, charges or deposits from time to time provided however that no increase therein shall be effected by the Participant unless the

Participant shall have given at least one month's notice in writing to the Beneficial Owner in that behalf. In case the Beneficial Owner committing a default inthe payment of any such amount payable to the Participant on their respective due dates or within fifteen days of the same being demanded (where no such due date is specified), the Participant shall be entitled to charge interest on the amount remaining outstanding or unpaid,' [not exceeding 18%] per annum or part thereof. On such continued default, the Participant after giving two days’ notice to the Beneficial Owner shall have a right to stop processing of instructions of Beneficial Owners till suchtime he makes the payment along with interest if any.

Statement of Account3.1 The Par ticipant shall furnish to the Beneficial Owner a statement of his/its account at the end of every month if there has been even a single entry or transaction during that month, and in any

event once at the end of each quar ter . The statement of accounts to be provided to the Beneficial Owner under this Agreement shall be in the form specified in Operating Instructions or as communicated by CDSL from time to time. The Participant shall furnish such statements at such shorter periods as may be required by the Beneficial Owner on payment of such charges by the Beneficial Owner as may be specified by the Participant.

3.2 It is agreed that if a Participant is providing the services of issuing the statement of accounts in an electronic mode and if the Beneficial Owner is desirous of availing such services from the Participant, then the Participant will furnish to the Beneficial Owner the statement of accounts under its digital signature, as governed under the Information Technology Act, 2000. Provided however that in the event of the Beneficial Owner requiring a physical copy of the statement of accounts, despite receiving the same in the electronic mode, then ir respective of having forwarded the same via electronic mode, the Participant shall be obliged to provide a physical copy thereof to the BO.

3.3 It is agreed and understood between the par ties that if the Participant does not have the facility of providing the statement of account in the electronic mode, then the Participant shall be obliged to forward the statement of account only in physical form.

Beneficial Owner shall intimate change of particulars4. The Participant shall not be liable or responsible for any loss that may be caused to the Beneficial Owner by reason of his/its failure to intimate change in the particulars furnished to the

Participant from time to time, unless notified by the Beneficial Owner..Depository not liable for claims against Beneficial Owner5. CDSL shall not be liable to the Beneficial Owner in any manner towards losses, liabilities and/ or expenses arising from the claims of third parties or for any fees, charges, taxes, duties, levies

or penalties levied, imposed or demanded by any Central, State, statutory or revenue authority in respect of securities credited to the Beneficial Owner's account.Authorized Representative6. Where the Beneficial Owner is a body corporate or a legal entity, it shall, simultaneously with the execution of the Agreement furnish to the Participant, a list of officials authorized by it, who

shall represent and interact on its behalf with the Participant. Any change in such list including additions, deletions or alterations thereto shall be forthwith communicated to the Participant.Termination7. The parties may at any time terminate this agreement, provided that a notice of not less than thirty days is given in the manner and on the terms and conditions and procedure set out in the

Bye Laws and the Operating Instructions. In the event of termination by either party, the Participant shall deal with the securities lying in the account of a Beneficial Owner in the accordance with the instructions of such Beneficial Owner

Stamp Duty8. Any stamp duty (including interest or penalty levied thereon) payable on the Agreement and/or on any deed, document or writing executed in pursuance hereof between the parties hereto

shall be borne and paid by the Beneficial Owner Force Majeure9. Notwithstanding anything contained herein or in the Bye laws, neither par ty hereto shall be liable to indemnify or compensate the other for any breach, non-performance or delay in

performance of any obligations under the Agreement or for any harm, loss, damage or injury caused to the other due to causes reasonably beyond its control including but not limited to tide, storm, cyclone, flood, lightning, earthquake, fire, blast, explosion or any other act of God, war , rebellion, revolution, insurrection, embargo or sanctions, blockade, riot, i civil commotion, labour action or unrest including strike, lock-out or boycott, interruption or failure of any utility service, enemy action, criminal conspiracy, act of terrorism or vandalism, sabotage, or intrusion, or any other irresistible force or compulsion.

Service of Notice10. Any notice or communication required to be given under this agreement shall be in writing, and shall be legally effective only when it is delivered to the addressee at the last known address in

the manner prescribed in the operating instructions.Arbitration11. The par ties hereto shall, in respect of all disputes and differences that may arise between them, abide by the provisions relating to arbitration and conciliation specified under the Bye Laws.Jurisdiction12. The par ties hereto agree to submit to the exclusive jurisdiction of the courts in Mumbai.Governing Law13. The Agreement shall be governed by and construed in accordance with the laws in force in India

9

ACKNOWLEDGMENTHDFC Bank Limited. Depository Services, Titanic Bldg, 2nd Floor, 26A Narayan Properties, Chandivali Farm Road, Sakinaka, Andheri (E) Mumbai - 400072

Accepted/Rejected the application from Mr / Ms.___________________________________________________________________________________as

the sole / first holder alongwith _______________________ and ______________________________________________________________________ as

the second and third holders respectively for opening of a depository account. Your Client Id will be intimated to your shortly on acceptance. Please quote the

DP Id & Client Id allotted to you in all your future correspondence.

Date :____________________________

Participant Stamp & Signature

S. No.

SPECIMEN OF BOARD RESOLUTION ON COMPANY LETTER HEAD

Extract of Board Resolution passed in the Board Meeting of _________________________________________________________dated_______________________ held at the registered office at ____________________________ of the company.Resolved that the CDSL Beneficiary Account be opened in the name of ________________________________________ with HDFC Bank Limited. Further the following directors / signatories are authorised to operate these Account as per the mode of operation mentioned against.

Resolved further that the above directors be and are hereby authorised to execute all the necessary documents that may be required by the bank for opening of the account. Resolved further that the above Directors be and are hereby authorised to give such undertakings or indemnities as may be required by the bank from time to time for the operation of the account.Resolved further that any director be and is hereby authorised to forward a copy of this resolution to the bank for informationand record.

For ________________________

Company Secretary

Sr. No Name Designation Mode of Operation Signatures

(Signature of Director 1) (Signature of Director 2) X X

HDFC Bank Ltd. Depository Services, Titanic Building, 3rd Floor, 26 A Narayan Properties,Chandivali Farm Road, Off. Sakivihar Road, Chandivali, Andheri(E), Mumbai-400 072.

Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai 400 013.

Authorised Signatory with Branch Inward Stamp &

Stamp

CPU Inward Stamp & Authorised Signatory with

Stamp

CO

RP

OR

AT

E F

OR

M -

NS

DL

ver

1.1

/ M

ay 1

3