Offer Documents

Acknowledgement

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

The following disclaimer applies to the Red Herring Prospectus of Emmvee Photovoltaic Power Limited  (the “Company”) dated November 5, 2025 filed with the Registrar of Companies, Karnataka at Bengaluru, the Securities and Exchange Board of India (“SEBI”) (the “Red Herring Prospectus”) and the stock exchanges  where the equity shares of the Company are proposed to be listed, hosted on this website in connection with the proposed initial public offering of equity shares (the “Offer”) that Jefferies India Private Limited is associated with as a Book Running Lead Manager (“BRLM”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Red Herring Prospectus. By accessing the Red Herring Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this portion of our website. The information in this portion of our website, including the Red Herring Prospectus, is not for publication or distribution, directly or indirectly, in or into the United States. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The contents of the Red Herring Prospectus are for your information only and you acknowledge that access to the Red Herring Prospectus is intended for use by you only and you agree not to forward the Red Herring Prospectus on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents of the Red Herring Prospectus shall be copied or duplicated in any form by any means, or redistributed.

The Red Herring Prospectus has been made available on this website in electronic form solely to comply with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the “SEBI ICDR Regulations”). Jefferies India Private Limited, as a BRLM, has taken all necessary steps to ensure that the contents of the Red Herring Prospectus as appearing on this website are identical to the Red Herring Prospectus filed with SEBI and the other relevant statutory/regulatory authorities, including the stock exchanges where the equity shares are proposed to be listed, in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates“), accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data.

The Red Herring Prospectus does not constitute an offer to sell or an invitation to subscribe to the equity shares offered in any jurisdiction to any person to whom it is unlawful to make an offer or invitation in such jurisdiction and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited or any of its Affiliates would by virtue of such distribution become subject to new or additional registration, licensing or other regulatory requirements. The equity shares described in the Red Herring Prospectus have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the equity shares described in the Red Herring Prospectus are being offered and sold (i) within the United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act) pursuant to Section 4(a) of the U.S. Securities Act, and (ii) outside the United States in “offshore transactions” as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of such equity shares in the United States.

Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section titled “Risk Factors” of the Red Herring Prospectus. Any decision on whether to invest in the equity shares described in the Red Herring Prospectus of the Company, must be made solely on the basis of the Red Herring Prospectus. As there may be material changes in the draft red herring prospectus dated July 6, 2025 (the “DRHP”) versus the Red Herring Prospectus, potential investors should not have relied on the DRHP.

Neither Jefferies India Private Limited nor any of its Affiliates will be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. Jefferies India Private Limited and its Affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Red Herring Prospectus beyond the date of the Red Herring Prospectus. The information contained in the Red Herring Prospectus not been updated since its original publication date and may not reflect the latest updates.

Jefferies India Private Limited and its Affiliates will not be responsible for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website. Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, or inability to access or use of, the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to Jefferies India Private Limited, the Company, or any of their respective Affiliates.

If you are not permitted to view the materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

Acknowledgement

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

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of Pine Labs Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Acknowledgement

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

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of Pine Labs Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Acknowledgement

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

Acknowledgement

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

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of Pine Labs Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Acknowledgement

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

The following disclaimer applies to the red herring prospectus of Pine Labs Limited (“Company”) dated October 31, 2025 (the “RHP”), filed with the Registrar of Companies, Delhi and Haryana at New Delhi (“RoC”), and subsequently with the Securities and Exchange Board of India (“SEBI”), BSE Limited and National Stock Exchange of India Limited (together, the “Stock Exchanges”), hosted on this website in connection with a public offering of securities (“Equity Shares”) of the Company (the “Offer”) that Jefferies India Private Limited, or any of its affiliates, or their respective directors, officers and employees (together, “Jefferies”), is associated with as a book running lead manager.

You are advised to read this disclaimer carefully before reading, accessing or making any other use of the RHP. By accessing the RHP, you agree to be bound by, and follow, the following terms and conditions, including any modifications to them from time to time. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

The contents of the RHP are for your information only. The RHP has been made available on this website in electronic form solely to comply with Regulation 26(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies and/or its affiliates are not soliciting any action based on any of the information contained on this website, including the RHP, and such information should not be construed as an offer, or invitation or offer to sell or the solicitation of any offer to buy or subscribe for or purchase any security by the Company, or any of the book running lead managers. Neither Jefferies nor any of its affiliates, or their respective directors, officers and employees, represents that the contents of the RHP are accurate or complete. The information contained in the RHP may not be updated since its original publication date, and may not reflect the latest updates. Any forwarding, distribution or reproduction of the contents herein in whole, or in part is unauthorized.

Please note that because of restrictions imposed by applicable law or regulation on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. Accordingly, the Offer related information on this site is not available to all jurisdictions. The information in this section is directed at, and is, intended for distribution to, and use by, residents of India only. The RHP is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would not be permissible under or in violation of any applicable law or regulation; or (b) Jefferies would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S (“Regulation S”) of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this Website does not constitute an offer for sale in the United States. The securities described in the RHP has not been, and will not be, registered under the Securities Act, or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, into the United States unless an exemption from the registration requirements is available. This does not constitute, and should not be construed as, “general solicitation or general advertising” as defined under Regulation D of the Securities Act, or “directed selling efforts” under Regulation S.

The Equity Shares are being offered and sold (i) within the United States only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act (“Rule 144A”) and referred to in the RHP as “U.S. QIBs”; for the avoidance of doubt, the term U.S. QIBs does not refer to a category of institutional investor defined under applicable Indian regulations and referred to in the RHP as “QIBs”) in transactions exempt from, or not subject to the registration requirements, of the U.S. Securities Act, and (ii) outside the United States in an “offshore transaction” as defined in and in compliance with Regulation S and the applicable laws of the jurisdiction where those offers and sales occur.

Invitations to subscribe to or purchase the equity shares in the Offer will be made only pursuant to the RHP if the recipient is in India or the preliminary offering memorandum for the Offer, which comprises the RHP and the preliminary international wrap for the Offer, if the recipient is outside India. No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which contains the selling restrictions for the Offer outside India.

Any potential investor should note that investment in equity shares involves a high degree of risk. For details relating to such risks, potential investors should refer to the section titled “Risk Factors” in the RHP.

Jefferies, as a book running lead manager, has taken all necessary steps to ensure that the contents of the RHP as appearing on this website are identical to the RHP filed with the relevant regulatory authorities in India. However, you are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies nor any of its affiliates nor their respective directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website or use of the website or these materials.

IF YOU ARE NOT PERMITTED TO VIEW MATERIALS ON THIS WEBSITE OR ARE IN ANY DOUBT AS TO WHETHER YOU ARE PERMITTED TO VIEW THESE MATERIALS, PLEASE EXIT THIS WEBPAGE.

Acknowledgement

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of WeWork India Management Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to Jefferies India Private Limited, the issuer, or any of their respective affiliates.

Acknowledgement

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of WeWork India Management Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to Jefferies India Private Limited, the issuer, or any of their respective affiliates.

Acknowledgement

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

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.

Investors should read the Offering Document (as defined below) and seek professional advice before taking any action. Jefferies India Private Limited does not accept any liability whatsoever direct or indirect that may arise from the use of the information contained in the Offering Document (as defined below).

Disclaimer

The following disclaimer applies to the offering document of WeWork India Management Limited (the “Company”) filed with Securities and Exchange Board of India (“SEBI”) (the “Offering Document”) hosted on this website in connection with the proposed public offering of securities (the “Offer”) of the Company that Jefferies India Private Limited (“BRLM”) or any of its affiliates, or their respective directors, officers and employees (together, the “Affiliates”) is associated with as a Book Running Lead Manager. The Offering Document has been made available on this website in electronic form solely to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI Regulations”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Offering Document. By accessing the Offering Document, you agree to follow the following terms and conditions, including any modifications to them from time to time. The contents of the Offering Document are for your information only and you acknowledge that access to the Offering Document is intended for use by you only and you agree not to forward the Offering Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any person. No part of the contents herein shall be copied or duplicated in any form by any means or redistributed. Jefferies India Private Limited and / or its Affiliates are not soliciting any action based on any of the information contained on this website, including the Offering Document, and such information should not be construed as an offer to sell or the solicitation of any offer to buy or subscribe for any security and should not be construed as such. Neither Jefferies India Private Limited nor any of its Affiliates represents that the contents of the Offering Document are accurate or complete. The information contained in the Offering Document is as of the date hereof and neither Jefferies India Private Limited or its Affiliates are under any obligation to update the Offering Document to reflect circumstances arising after the date hereof.

The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Please note that because of restrictions imposed by law on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. The Offering Document is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would be contrary to law or regulation; or (b) Jefferies India Private Limited and the Affiliates would by virtue of such distribution become subject to new or additional registration requirements.

The information contained in this portion of our website is not intended to be, and should not be, viewed by U.S. persons (as defined in Regulation S of the Securities Act of 1933, as amended (the “Securities Act”)) or any person in the United States. By accessing such information, you are hereby deemed to represent that (a) you are not a U.S. person and (b) you are not in the United States. The information contained in this website does not constitute an offer for sale in the United States. The securities described in the Offering Document have not been, and will not be, registered under the Securities Act, or any state law of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and accordingly, the securities are being offered and sold (i) within the United States solely to persons who are reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the U.S. Securities Act) in transactions exempt from the registration requirements of the U.S. Securities Act, and (ii)][1] outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur

Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, which may be filed by the Company with the relevant Registrar of Companies, including the section titled Risk Factors. Any decision on whether to invest in the equity shares described in the Offering Document may only be made after a red herring prospectus has been filed with the RoC and must be made solely on the basis of such red herring prospectus. As there may be material changes in the red herring prospectus as compared to the draft red herring prospectus, potential investors should not rely on the draft red herring prospectus.

Jefferies India Private Limited, as a Book Running Lead Manager, has taken all necessary steps to ensure that the contents of the Offering Document as appearing on this website are identical to the Offering Document filed with SEBI in accordance with the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Jefferies India Private Limited nor any of its Affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Jefferies India Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

Neither Jefferies India Private Limited nor any of its Affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in producing or hosting this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access or use of the website or these materials.

Please note that forms downloaded and used for subscription to the Offer in contravention of the above will be rejected with no recourse to Jefferies India Private Limited, the issuer, or any of their respective affiliates.