Investment Banking

Disclaimer - Important

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The contents of the document (the “Report”) you are about to access does not constitute an offer for sale or solicitation or invitation to purchase or subscribe for any securities, and neither the Report nor anything contained herein shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Any decision to acquire securities to be offered by LEAP India Limited (the “Company”) must be made solely on the basis of the offering circular or prospectus in relation to an offering, and no reliance should be placed on any representation or information which is not contained in such document.

Neither the Report nor any copy thereof may be taken or transmitted into the United States, the People’s Republic of China (excluding the Hong Kong Special Administrative Region), Canada or Japan or distributed, directly or indirectly, in the United States, the People’s Republic of China (excluding the Hong Kong Special Administrative Region), Canada or Japan. The distribution of the Report in other jurisdictions may be restricted by law and persons into whose possession the Report comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdiction.

The Report is a research report and is not an “offering circular”, “offer letter”, “offering document”, “draft red herring prospectus”, “red herring prospectus”, “invitation” or a “prospectus” or an “advertisement” as defined under the (Indian) Companies Act, 2013, together with the rules and regulations, notifications, circulars, guidelines and clarifications issued thereunder, each as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law in India. It is clarified that the research report is not intended to be an advertisement and does not constitute or form part of, and should not be construed as, directly or indirectly, an offer or invitation or solicitation of an offer to subscribe for or purchase any securities of the Company.

You are also advised to review carefully any warnings, disclaimers, legends and other notices regarding the limitations and risks in use of the Report contained therein.

The Report has been furnished to you solely for your information. It is not intended for distribution to the press or other media and may not be reproduced or redistributed by mail, facsimile, electronic or computer transmission or by any other means to any other person. By accessing the Report, you warrant, represent, acknowledge and agree that: (i) you are a person of a type referred to in this notice, (ii) you have read, agree to and will comply with the contents of this notice, and (iii) you will conduct your own analyses or other verification of the data set out in the Report and will bear the responsibility for all or any costs incurred in doing so.

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