Conference Name: Power Finance Corporation Q4&FY17 Earnings Conference Call Time: May 30 , 2017 12:00 Hrs India Time Management Of Power Finance Corporation Main Speaker(s): Shree Shankar - Prabhudas Lilladhar Private Limited

Total 219 Participants including the Speakers. Participants List

Sr. No. Name Phone Company 1 Host: Management 011-23456970 Power Finance Corporation 2 Host: Shree Shankar 66322214 Prabhudas Lilladhar Private Limited 3 Abhijeet Sakhare 2243360889 Kotak Securities 4 Abhijit Periwal 2267021968 Sharekhan 5 Abhishek Bharadwaj 2261887201 Green Lantern Capital 6 Abhishek Likha 9315139192 West Wealth Management 7 Abhishek Saraf 2271804221 Deutsche Bank 8 Abhishek Singh 00919819188032 Kotak Securities 9 Adhesh Verma 2267534112 ET Now 10 Aditya Jain 2266505054 CLSA 11 Aditya Kumar 9339464800 Kejriwal Securities 12 Aditya Shah 9879522987 Vikram Advisory 13 Ajay Ladha 2066220301 Vantage Securities 14 Ajeet K 006563499851 Prabhudas Lilladhar 15 Akhilesh Gupta 2233035260 Reliance Mutual Fund 16 Alok Agarwal 9324802318 Bonds & Equity Financial Servises 17 Alok Aggarwal 2240019286 Parag Investment 18 Alpesh Mehta 2239825415 Motilal Oswal Securities 19 Ameya Sathe 2266578262 TATA Mutual Fund 20 Ami Parekh 8082466052 FEGML 21 Amit Garg 2266327922 Mahindra Mutual Fund 22 Amit Jain 1244622337 Ernst & Young 23 Amit Nanvati 2240374361 Nomura Securities 24 Amit Pandey 006562396344 SKS Capital 25 Amit Rani 2267141450 Dalal & Broacha 26 Amithabh Sontalia 3340326412 SKS Capital 27 Amodh Joshi 2222843434 SPA Securities 28 Anand Ladda 2266580291 HDFC Mutual Fund 29 Anand Raheja 9810284527 Alliance Capital Asset Management 30 Andrew Lundstrom 16508677175 West Wealth Management 31 Aniket Likhite 2242722127 Edelweiss Broking 32 Aniket Thite 00918169850154 Individual Investor 33 Anil Bang 2266879338 Marshal Wade 34 Anirban Dutta 3340084694 Jet Age Securities Pvt. Ltd. 35 Anjali Sinha 2266533229 Macquarie 36 Ankit Chaudary 7961909590 Equirus Securities 37 Ankit Jain 8318356775 Almondz Global Securities 38 Anupam Bafna 2239268186 Nirmal Bang Securities 39 Arjun Batra 9999982929 Vantage Securities 40 Arpit Malaviya 2233035068 Reliance Life Insurance 41 Arvind Nhavkar 2261047502 Research Bytes 42 Arvind Subramanian 2243422700 IDFC Mutual Fund 43 Ashish Daga 0085228688888 Citigroup 44 Ashok Kumar Agarwal 1143666400 Globe Capital Market 45 Ashwini Sahoo 2261296614 Samena Capital 46 Asim Panth 2261640000 HSBC 47 Atul Karva 2230750024 HDFC Securities 48 Avneesh Sukhija 2261964352 BNP Paribas

Chorus Call India Confidential 6/2/2017 Page 1 Sr. No. Name Phone Company 49 Banu Gupta 2266328690 Crisil Limited 50 Barun Arora 1141503870 Karma Capital 51 Bhagesh Divecha 2266580288 HDFC Mutual Fund 52 Bhavesh Jain 2243553002 Envision Capital 53 Bhavesh Kanani 2266520126 ASK Investment Managers 54 Bhavik Dave 2233037244 Reliance Mutual Fund 55 Bhavik Shah 00919920034346 Individual Investor 56 Bijoy Shah 2223018182 SBICAP Securities Ltd 57 Chandana Shah 7506131678 Principal Mutual Fund 58 Chandresh Chandaria 9869177343 Individual Investor 59 Chinmay Desai 2230597878 Anvil Shares & Stock Broking Pvt Ltd 60 Chinmaya Garg 2267314320 Dron Capital 61 Damodaran Kutty 2243568240 Birla Sun Life Asset Management 62 Darshan Dodhia 2267543643 Care Ratings 63 Davin Moses 15595158201 Citigroup 64 Debjit Yadav 3322170535 Seraphic Management 65 Deepak Agarwal 2261556046 UBS Securities 66 Deepak Gopal Das 8778661961 Individual Investor 67 Deepesh Jain 2240885966 Edelweiss Broking 68 Devesh Dokwal 2233035069 Reliance Life Insurance 69 Devraj Lahari 2267310174 Invesco Mutual Fund 70 Dhaval Gada 4440609837 Sundaram Mutual Fund 71 Dhaval Gala 2243568073 Birla Sun Life Asset Management 72 Dhaval Patel 2224254191 Axis Mutual Fund 73 Dibin Divyakumar 9747540600 Individual Investor 74 Digant Haria 2240273777 Antique Stock Broking 75 Dinesh Ahuja 2261842612 SBI Mutual Fund 76 Ekta Kedia 2262291138 Magma HDI General Insurance Company Ltd 77 Elesh Gopani 2267700475 Gopani Securities 78 Farhana Lambe 2261539121 NVS Wealth Managers 79 G Vivek 9250008316 GS Investments 80 Gaurav Chamaria 9312590092 Max Life Insurance 81 Gd Agarwal 6567051812 Diamond Asia 82 Girish Solanki 2240019211 Anand Rathi 83 Gurvinder Wasan 2267720569 Principal Mutual Fund 84 Harshad Borawake 2267800358 Mirae Asset Management Company 85 Harshid Toshniwal 2266377230 ICICI Securities 86 Himali Dame 2240317134 B&K Securities 87 Himanshu Taluja 2266121248 Emkay Global 88 Jai Mundhra 2240317106 B&K Securities 89 Jeevan Patwa 9850110448 Candyfloss Advisors 90 Jignesh Shial 2230250254 Quant Capital 91 Jinesh Shah 2262291155 Magma HDI General Insurance Company Ltd 92 Jitendra Mehta 2266203188 Edelweiss Broking 93 JV Shah 00917977503030 Verizon Ventures 94 Kabil Gulathi 9967456299 HM Capital 95 Kaitav Shah 9819278095 SBICAP Securities Ltd 96 Kalpesh Mehta 2261291526 Motilal Oswal Securities 97 Kamlesh Patel 1143587418 Parag Investment 98 Kapil Chavla 6563179460 Olam International 99 Kapil Poppat 2266630962 PNB Metlife 100 Karan Gupta 2261964367 BNP Paribas 101 Kartik Shetty 2266585036 Canara Robeco Mutual Fund 102 Khushboo Sharma 2243422831 IDFC Mutual Fund 103 Krishnan Sv 2242273441 SBICAP Securities Ltd 104 Kunal Shah 2266203076 Edelweiss Broking 105 Kushan Parikh 2266242431 Emkay Global 106 Kusum Dewedi 9880055420 Individual Investor 107 Lalitabh Srivastav 2267502310 Sharekhan 108 Mahrukh Adajania 2266222574 IDFC Securities

Chorus Call India Confidential 6/2/2017 Page 2 Sr. No. Name Phone Company 109 Mandeep Singh 9650601167 Individual Investor 110 Mangesh Kulkarni 2267526636 Almondz Global Securities 111 Manish Khemani 9422109394 Middleton Capital Advisors 112 Manish Ostwal 2239268136 Nirmal Bang Securities 113 Manisha Porwal 2266242741 Taurus Mutual Fund 114 Manoj Khetan 1246199999 Individual Investor 115 Marve Gandhi 2240027151 I Wealth Management 116 Mayank Mehta 2266377358 Parag Investment 117 Mihir Ajmera 00917021907955 Enam Holdings 118 Mohit Jain 2261793042 SBI Mutual Fund 119 Mohit Mangal 2266328659 Crisil Limited 120 Mona Khetan 2240978209 Crisil Limited 121 Mudit Painuly 2245046130 Max Life Insurance 122 Namlin Shaha 2261539105 NVS Brokerage 123 Naveen Jain 2266580142 HDFC Mutual Fund 124 Neel Barua 2266377148 ICICI Lombard 125 Nikhil Garg 2266861671 BNP Paribas 126 Nikhil Rungta 2066026777 Bajaj Allianz Life Insurance 127 Nikhil Walecha 2266303027 JM Financial 128 Nilanjan Karfa 2242246118 Jefferies 129 Nishant Shah 2230545500 Axis Capital 130 Nishchint Chawathe 2243360887 Kotak Securities 131 Nishit Shah 2266316662 Ambika Fincorp 132 Nitin Gandhi 2261796400 KIFS Trade Capital 133 Nitin Pandey 9312449725 Sapient Corporation 134 Om Prakash 2262553738 lotus Capital 135 Palash Agarwal 9958507175 Equrius Capital 136 Pranav Muchala 2230946623 Reliance Life Insurance 137 Pranav P 2224922922 Safe Enterprises 138 Prashant Kumar 9987413191 Sunidhi Securities 139 Prateek Surana 2267534114 India Infoline 140 Pratish Nair 2229211856 Universal Sompo General Insurance Company 141 Praveen Agarwal 2243251102 Axis Capital 142 Preeti Ekte 2266585656 Canara Robeco Mutual Fund 143 Pritesh Bumb 2266322232 Prabhudas Lilladher 144 Puneet Agarwal 2228772215 Confluence Capital Management 145 Punit Srivastava 2266221013 Daiwa Capital 146 Rachit Madhukar 2233704383 BNP Paribas 147 Raghu G 8143372162 Taurus Mutual Fund 148 Rahul Singh 9619838085 Seraphic Management 149 Rajesh Gemavat 9769434127 Aspen Wealth Advisors 150 Rajesh Jain 9980976962 Sharekhan 151 Rajesh Kothari 2242360301 AlfAccurate Advisors 152 Rajiv Gupta 1145737400 RBC Financial Service Ltd 153 Rajiv Mehta 2239585549 India Infoline 154 Rajiv Pathak 2266708625 GeeCee Investments 155 Rakesh Noraya 9815061801 Future Generali 156 Rati J. Pandit 2240287021 Quantum Securities 157 Ravi Kant 00917021904411 SPA Securities 158 Richa Tripathi 2266786667 UTI Mutual Fund 159 Rohit Imandar 1244545847 Elara Limited 160 Rohul Modi 2240313418 Antique Stock Broking 161 Roshan Nagpal 2266203070 Edelweiss Broking 162 Rukun Tarachandani 7045646062 Kotak Asset Management 163 Rupesh Patel 9167330109 TATA Mutual Fund 164 Sachin Bajaj 2245046115 Max Life Insurance 165 Sahil Puli 9910050411 Individual Investor 166 Sahil Utreja 2261661369 Kotak Mahindra Bank 167 Sailesh Bhan 2233037190 Reliance Mutual Fund 168 Saket Kapoor 9330918070 Kapoor & Co

Chorus Call India Confidential 6/2/2017 Page 3 Sr. No. Name Phone Company 169 Sameer Bhise 2267204099 Macquarie 170 Sameer Chavan Private Number Reliance Life Insurance 171 Sameer Dalal 2242134422 Natverlal & Sons Stock Brokers 172 Sameer Kulkarni 2066220331 Vantage Securities 173 Sandeep Jain 2230769100 Birla Sun Life Insurance 174 Sania Paliwal 2267534123 UBS Securities 175 Sankalp Ved 2266316367 HDFC Mutual Fund 176 Sanket Cheddha 2266222565 IDFC Securities 177 Sapana Lakha 2239500541 Bajaj Holdings 178 Saurabh Kurichh 00919511716015 Joindre Capital 179 Sergio Bajaj 00918369944168 Individual Investor 180 Shail Damani 2240987328 BTVI 181 Sharad Jittur 9848425075 Vantage Securities 182 Shiv Chanani 2226820173 Sundaram Mutual Fund 183 Shiv Kumar 4428332720 Unify Capital 184 Shlok Dave 9819456598 Seraphic Management 185 Shravan Sreenivasula 2243568057 Birla Sun Life Insurance 186 Shrey Loonker 2233037043 Reliance Mutual Fund 187 Shyam Patel 13108048535 West Wealth Management 188 Shyam K 9622355999 West Wealth Management 189 Shyam Babu 9701360873 NVS Wealth Managers 190 Siddharth Gandi 9820852601 HDFC Bank 191 Silky Jain 2266585635 Canara Robeco Mutual Fund 192 Sonam Subhashi 9004766600 TATA Mutual Fund 193 Sreenivas Hollan 9844093644 Individual Investor 194 Srijan Sinha 2243410711 Future Generali 195 Sriyas Jajhu 2266184008 Wallfort Financial Services 196 Suchil Kavaskar 2261961139 ICICI Lombard 197 Sughir Kedia 9769137550 Mirae Asset Management Company 198 Suhash Naik 2226593238 India Infoline 199 Sumit Karuwala 2261182235 Morgan Stanley 200 Sumit Sashwat 9930134008 Essar Group 201 Sundeep Mehta 2982231117 Individual Investor 202 Sunil Jain 2239268277 Nirmal Bang Securities 203 Taha Lane 7624022352 Individual Investor 204 Tarang Hora 2266392016 SBI Life Insurance 205 Tejas Doshi 00918779491626 Oyster Rock Capital 206 Uday Ahir 15595158046 Capital Group 207 Umang Shah 2266242468 Emkay Global 208 Varsha Bang 2230298171 Systematix Shares 209 Venkat Subramin 2266808305 Infina Finance 210 Vijay Chhabria 9820046687 Prudent Investment Advisors 211 Vikas Sharma 1244430000 Ernst & Young 212 Vikesh Mehta 2230259474 Reliance Mutual Fund 213 Vinay Mittal 9810048643 Bharat Bhushan & Company 214 Vinay Shah 2233037069 Reliance Mutual Fund 215 Vishal Narmolia 2240840417 ICICI Direct 216 Vishal Sheth 2266121313 Emkay Global 217 Vivek Gupta 1126138733 Manoj Securities 218 Vrinda P 2266392031 SBI Life Insurance 219 Yohan Carvalho 2266222513 IDFC Securities

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