Agreementmade this day of 20
By
aCompanydulyformedandregisteredundertheIndianCompaniesActandhavingitsRegistered Officein (hereinafter called “theCompany”)WITHBSELTD.(hereinaftercalled“the Exchange)
WITNESSETH
WHEREAStheCompanyhasfiledwiththeExchangeanapplicationforlistingitssecuritiesmore particularlydescribedinScheduleIannexedheretoandmadeaparthereof
ANDWHEREASitisarequirementoftheExchangethattheremustbefiledwiththeapplicationan agreementintermshereinafterappearingtoqualifyfortheadmissionandcontinuanceofthesaid securitiesuponthelistoftheExchange
NOWTHEREFOREinconsiderationoftheExchangelistingthesaidsecuritiestheCompanyhereby covenantsandagreeswiththeExchangeasfollows:
1. TheCompanyagrees—
(a) thatLettersofAllotmentwillbeissuedsimultaneouslyandthatintheeventofitsbeing impossibletoissueLettersofRegretatthesametimeanoticetothateffectwillbeinserted inthepresssothatitwillappearonthemorningaftertheLettersofAllotmenthavebeen posted;
(b) thatLettersofRightwillbeissuedsimultaneously;
(c) thatLettersofAllotment,AcceptanceorRightwillbeseriallynumbered,printedongood qualitypaperandexaminedandsignedbyaresponsibleofficeroftheCompanyandthat wheneverpossibletheywillcontainthedistinctivenumbersofthesecuritiesto which theyrelate;
(d) thatLettersofAllotmentandrenounceableLettersofRightwillcontainaprovisionfor splittingandthatwhensorequired bytheExchangetheformofrenunciationwillbeprinted ontheback oforattachedtotheLettersofAllotmentandLettersofRight;
(e) thatLettersofAllotmentandLettersofRightswillstatehowthenextpaymentofinterestor dividendonthesecuritieswillbecalculated.
2. TheCompanywillissue,whensorequired,receiptsforallthesecuritiesdepositedwithitwhether forregistration,sub-division,consolidation,renewal,exchangeorforotherpurposes.
3. TheCompanyagrees—
(a) tohaveonhandatalltimesasufficientsupplyofcertificatestomeetthedemandsfor transfer,sub-division,consolidationandrenewal;
(b) toissuecertificatesorPuccaReceiptswithinonemonthofthedateoftheexpirationofany RighttoRenunciation;
(c) toissuecertificateswithinfifteendaysofthedateoflodgmentfortransfer,sub-division, consolidation,renewal,exchangeorendorsementof calls/allotmentmoniesortoissuewithin fifteendaysofsuchlodgmentfortransferPuccaTransferReceiptsindenominations correspondingtothemarketunitsoftradingautographicallysignedbyaresponsibleofficial
oftheCompanyandbearinganendorsementthatthetransferhasbeendulyapprovedby theDirectorsorthatnosuchapprovalisnecessary;
(d) toissuewithoutchargeBalanceCertificates,withinonemonth,ifsorequired;
(e) toissuenewcertificatesinreplacementofthosewhicharelostwithinsixweeksof notificationoflossandreceiptofproperindemnity.
4. TheCompanyagrees---
(a) to issue, unlesstheExchangeotherwise agreesandthe partiesconcerned desire,Allotment Letters,ShareCertificates,CallNoticesandotherrelevantdocumentsinmarketunitsof tradingandinthecaseofsharecertificatesissuedpursuanttoconversionofdebenturesor sharesallottedinrespectoftradeablewarrantsorexerciseofrightsorbonusissuesor amalgamationswhicharenotinmarketunitsoftrading,indenominationsof1,5,10,50 shares;
(b) tosplitcertificates,LettersofAllotment,LettersofRight,andSplit,Consolidation,Renewal andPuccaTransferReceiptsoflargedenominationsintosmallerunits;
(c) toconsolidatecertificatesofsmalldenominationsintodenominationscorrespondingtothe marketunitsoftrading;
(d) toissuewithinoneweekSplit,ConsolidationandRenewalReceiptsdulysignedbyan officialoftheCompanyandindenominationscorrespondingtothemarketunitsoftrading, particularlywhensorequiredbytheExchange;
(e) toexchange'Rights'or'Entitled'sharesintoCouponsorFractionalCertificateswhenso requiredbytheExchange;
(f) toissuecallnoticesandsplitsandduplicatesthereofinastandardformacceptabletothe Exchange,toforwardasupplyofthesamepromptlytotheExchangeformeetingrequests forblanksplitandduplicatecallnotices,tomakearrangements foracceptingcallmoneysat allcenterswheretherearerecognisedstockexchangesinIndiaandnottorequireany dischargeoncallreceipts;
(g) toacceptthedischargeofthemembersoftheExchangeonSplit,Consolidationand RenewalReceiptsasgoodandsufficientwithoutinsistingonthedischarge of the registeredholders.
5. Whendocumentsarelodgedforsub-division,consolidationorrenewalthrough the Clearing HouseoftheExchange,theCompanyagrees---
(a) thatitwillacceptthedischargeofanofficialoftheStockExchangeClearingHouseonthe Company'sSplit,ConsolidationandRenewalReceiptsasgoodandsufficientwithout insistingonthedischargeoftheregisteredholders;
(b) thatwhentheCompanyisunabletoissuecertificatesorSplit,ConsolidationorRenewal Receiptsimmediatelyonlodgment,itwillverifywhetherthedischargeoftheregistered holdersonthedocumentslodgedforsub-division, consolidationorrenewalandtheir signatureontherelativetransfersareinorder.
5A.I For shares issued pursuant tothe publicissues orany other issuewhichremainunclaimed andare lyingintheescrowaccount,theissueragreestocomplywiththefollowingprocedure:
(a) Theregistrartotheissueshallsendatleastthreeremindersattheaddressgiveninthe applicationformaswellascapturedindepository'sdatabaseaskingforthecorrectparticulars.If noresponseisreceived,theunclaimedsharesshallbecreditedtoadematsuspenseaccount withoneoftheDepositoryParticipants,openedbytheissuerforthispurpose.
(b) Any corporatebenefitsintermsofsecuritiesaccruingonsuchsharesviz.bonusshares,split etc.,shallalsobecreditedtosuchdematsuspenseaccount.
(c) Theissuershallmaintaindetailsofshareholdingofeachindividualallotteewhosesharesare creditedtosuchsuspenseaccount.