APPLICANTÊS UNDERTAKING I/We hereby agree and confirm that: 1. I/We have read, understood and agreed to the contents and terms and conditions of Tata Capital Financial Services Limited, Shelf Prospectus dated August 29, 2018 and Tranche II Prospectus dated August 02, 2019. Shelf Prospectus and Tranche II Prospectus together constitute the „Prospectus‰. 2. I/We hereby apply for allotment of the Secured NCDs and Unsecured NCDs to me/us and the amount payable on application is remitted herewith. 3. I/We hereby agree to accept the Secured NCDs and Unsecured NCDs applied for or such lesser number as may be Allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. 4. I/We irrevocably give my/our authority and consent to Vistra ITCL (India) Limited to act as my/our trustees and for doing such acts as are necessary to carry out their duties in such capacity. 5. I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs as nominee(s) of any person resident outside India and/or Foreign National(s). 6. The application made by me/us do not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements. 7. In making my/our investment decision, I/We have relied on my/our own examination of the Tata Capital Financial Services Limited and the terms of the Issue, including the merits and risks involved and my/ our decision to make this application is solely based on disclosures contained in the Prospectus. 8. I/We have obtained the necessary statutory and/or regulatory permissions/approvals for applying for, subscribing to, and seeking allotment of the NCDs applied for. 9. I/We hereby undertake that I/We am/are an ASBA Applicant(s) as per applicable provisions of the SEBI Regulations; 2) In accordance with ASBA process provided in the SEBI Regulations and disclosed in the Prospectus, I/We authorize (a) the Lead Manager(s)/Consortium Members/Sub-Consortium Members and Trading Members (in Specified cities only) or the SCSBs, as the case may be, to do all acts as are necessary to make the Application in the Issue, including uploading my/our application, blocking or unblocking of funds in the bank account maintained with the SCSB as specified in the Application Form, transfer of funds to the Public Issue Account on receipt of instruction from the Lead Manager, Registrar to the Issue, after finalization of Basis of Allotment; and (b) the Registrar to the Issue to issue instruction to the SCSBs to unblock the funds in the specified bank account upon finalization of the Basis of Allotment. 3) In case the amount available in the specified Bank Account is insufficient as per the Application, the SCSB shall reject the Application. 10. I/We confirm that I/We shall be allocated and allotted Option I NCDs wherein I/We have not indicated the choice of the relevant NCD Series APPLICANTÊS UNDERTAKING Attention of the Investors is specifi cally drawn to the provisions of sub-section (1) of Section 38 of the Companies Act, 2013 which is reproduced below: “Any person who- (a) makes or abets making of an application in a fi ctitious name to a company for acquiring, or subscribing for, its securities; or (b) makes or abets making of multiple applications to a company in different names or in different combinations of his name or surname for acquiring or subscribing for its securities; or (c) otherwise induces directly or indirectly a company to allot, or register any transfer of, securities to him, or to any other person in a fi ctitious name, shall be liable for action under section 447 of the Companies Act, 2013”. INVESTOR CATEGORIES: Category I (“Institutional Portion”) Sub Category Code Category II (“Non-Institutional Portion”) Sub Category Code Public fi nancial institutions, scheduled commercial banks, and Indian multilateral and bilateral 11 Trusts including public/private charitable/religious trusts which are authorised to invest in the 23 development fi nancial institutions which are authorised to invest in the NCDs; NCDs; Provident funds and pension funds with a minimum corpus of ` 2,500 lakh, superannuation funds 12 Scientifi c and/or industrial research organisations, which are authorised to invest in the NCDs; 24 and gratuity funds, which are authorised to invest in the NCDs; Mutual funds registered with SEBI; 13 Partnership fi rms in the name of the partners; and 25 Resident Venture Capital Funds/Alternative Investment Funds registered with SEBI; 14 Limited liability partnerships formed and registered under the provisions of the Limited Liability 26 Partnership Act, 2008 (No. 6 of 2009). Insurance companies registered with the IRDAI; 15 Association of persons; and 27 State industrial development corporations; 16 Any other incorporated and/ or unincorporated body of persons. 28 Insurance funds set up and managed by the army, navy, or air force of the Union of India; 17 Category III (“High Net-worth Individual Category Portion”) Resident Indian individuals or Hindu Undivided Families through the Karta applying for an Insurance funds set up and managed by the Department of Posts, the Union of India; 18 amount aggregating to more than `10 lakh across all Series of NCDs in this Issue: Resident Indian Individuals 31 Systemically Important Non-Banking Financial Company registered with the RBI and having a net-worth 19 Hindu Undivided Families through the Karta 32 of more than ` 50,000 lakh as per the last audited fi nancial statements; and National Investment Fund set up by resolution no. F.No. 2/3/2005-DDII dated November 23, 2005 20 Category IV (“Retail Individual Category Portion”) of the Government of India published in the Gazette of India. Category II (“Non-Institutional Portion”) Resident Indian individuals or Hindu Undivided Families through the Karta applying for an amount aggregating upto and including ` 10 lakh across all Series of NCDs in this Issue: Companies within the meaning of Section 2(20) of the Companies Act, 2013; statutory bodies/ 21 Resident Indian Individuals 41 corporations and societies registered under the applicable laws in India and authorised to invest in the NCDs; Co-operative banks and regional rural banks; 22 Hindu Undivided Families through the Karta 42
ISSUE STRUCTURE Options/Series I II III IV Frequency of Interest Payment Annual Annual Annual Annual Who can apply All category of investors can subscribe to all Options of NCDs Minimum Application ` 10,000 (across all Options collectively) In multiples of thereafter ` 1,000 (1 NCD) ` 1,000 (1 NCD) ` 1,000 (1 NCD) ` 1,000 (1 NCD) Face Value of NCDs ( ` / NCD) ` 1,000 ` 1,000 ` 1,000 ` 1,000 Issue Price ( ` / NCD) ` 1,000 ` 1,000 ` 1,000 ` 1,000 Tenor from Deemed Date of Allotment 3 years 5 years 8 years 10 years Coupon Rate Category I and Category II 8.35% 8.40% 8.55% 8.75% Category III and Category IV 8.45% 8.50% 8.65% 8.85% Effective Yield (Per annum) Category I and Category II 8.34% 8.39% 8.54% 8.74% Category III and Category IV 8.44% 8.49% 8.64% 8.84% Mode of Interest Payment Through various options available Redemption Amount ( ` / NCD) ` 1,000 ` 1,000 ` 1,000 ` 1,000 Maturity Date (From Deemed Date of Allotment) 3 years 5 years 8 years 10 years Nature of indebtedness Secured Secured Secured Unsecured Subordinated Put and Call Option NA Our Company would allot the Option I NCDs, as specifi ed in the Tranche II Prospectus to all valid Applications, wherein the Applicants have not indicated their choice of the relevant Option of NCDs. For Grounds for Technical Rejection, Please refer to page no. 14 of the Abridged Prospectus. For further information please refer to section titled “Issue Related Information”on page 89 of Tranche II Prospectus. If the Deemed Date of Allotment undergoes a change, the coupon payment dates, redemption dates, redemption amounts and other cash fl ow workings shall be changed accordingly. For further information, please refer to section titled “Issue Related Information” on page 89 of the Tranche II Prospectus. For further details please refer to the Shelf Prospectus dated August 29, 2018 and Tranche II prospectus dated August 02, 2019.
TEAR HERE
• In case of queries related to allotment/ credit of Allotted NCDs/Refund, the Applicants should contact COMPANY CONTACT DETAILS REGISTRAR CONTACT DETAILS Registrar to the Issue. TATA CAPITAL FINANCIAL SERVICES LIMITED KARVY FINTECH PRIVATE LIMITED • ASBA Application submitted to the SCSBs, the Applicants should contact the relevant SCSB. Corporate Identity Number of TCFSL is U67100MH2010PLC210201 (formerly known as KCPL Advisory Services Private Limited) • In case of queries related to upload of ASBA Applications submitted to the Lead Managers/ Consortium Registered Office: 11 th Floor, Tower A, Peninsula Business Park, Karvy Selenium Tower-B, Plot 31&32, Gachibowli Financial District, Nanakramguda, Members / Broker / Trading Members should contact the relevant Lead Managers/Consortium Members/ Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013, Maharashtra, India. Serilingampally, Hyderabad 500 032 Broker /Trading Members/CRTA/CDP. Tel: (+91 22) 6606 9000; Fax: (+91 22) 6656 2699; Tel: (+91 40) 6716 2222; Fax: (+91 40) 2343 1551; Email : [email protected] • The grievances arising out of Applications for the NCDs made through Trading Members may be Website: www.tatacapital.com; Investor Grievance Email: [email protected] addressed directly to Stock Exchanges. Company Secretary and Compliance Offi cer: Ms. Avan Doomasia; Website: www.karvyfi ntech.com; Contact Person: Mr. M Murali Krishna • Acknowledgment is subject to realisation of Availability of Funds in the ASBA Account. Email: [email protected] SEBI Registration No.: INR000000221
2 TATA CAPITAL FINANCIAL SERVICES LIMITED MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS THIS ABRIDGED PROSPECTUS CONSISTS OF 40 PAGES, PLEASE ENSURE THAT YOU GET ALL PAGES Please ensure that you read the Shelf Prospectus, the Tranche II Prospectus and the general instructions contained in this Memorandum before applying in the Tranche II Issue. Unless RWKHUZLVHVSHFL¿HGDOOWHUPVXVHGLQWKLVIRUPVKDOOKDYHWKHPHDQLQJDVFULEHGWRVXFKWHUPVLQWKH6KHOI3URVSHFWXVDQG7UDQFKH,,,VVXH7KHLQYHVWRUVDUHDGYLVHGWRUHWDLQDFRS\ of Prospectus/Abridged Prospectus for their future reference.
TATA CAPITAL FINANCIAL SERVICES LIMITED 7DWD&DSLWDO)LQDQFLDO6HUYLFHV/LPLWHG RXU³ Company ´³ TCFSL ´ ZDVLQFRUSRUDWHGDW0XPEDL0DKDUDVKWUDRQ1RYHPEHU DVDSXEOLFOLPLWHGFRPSDQ\XQGHUWKHSURYLVLRQVRIWKH&RPSDQLHV$FW EHDULQJ&,180+3/&XQGHUWKHQDPH³7DWD&DSLWDO)LQDQFLDO6HUYLFHV/LPLWHG´7&)6/DOVRUHFHLYHGD&HUWL¿FDWHIRU&RPPHQFHPHQWRI%XVLQHVVRQ'HFHPEHU7&)6/KDV REWDLQHGD&HUWL¿FDWHRI5HJLVWUDWLRQGDWHG1RYHPEHUEHDULQJ5HJLVWUDWLRQ1R%LVVXHGE\WKH5HVHUYH%DQNRI,QGLD ³ RBI ´ WRFRPPHQFHWKHEXVLQHVVRIDQRQEDQNLQJ¿QDQFLDOLQVWLWXWLRQ ZLWKRXWDFFHSWLQJSXEOLFGHSRVLWVXQGHU6HFWLRQ,$RIWKH5%,$FW 7&)6/LVD6\VWHPLFDOO\,PSRUWDQW1RQ'HSRVLWWDNLQJ1RQ%DQNLQJ)LQDQFLDO&RPSDQ\ ³ NBFC ”). For further details regarding FKDQJHVWRWKH5HJLVWHUHG2I¿FHRI7&)6/SOHDVHVHHWKHVHFWLRQ³ History and Main Objects ´RQSDJHRIWKH6KHOI3URVSHFWXV Corporate Identity Number RI7&)6/LV80+3/& 5HJLVWHUHG2I¿FH th )ORRU7RZHU$3HQLQVXOD%XVLQHVV3DUN*DQSDWUDR.DGDP0DUJ/RZHU3DUHO0XPEDL0DKDUDVKWUD,QGLD Tel Fax Website ZZZWDWDFDSLWDOFRP &RPSDQ\6HFUHWDU\DQG&RPSOLDQFH2I¿FHU 0V$YDQ'RRPDVLD Tel Fax Email: [email protected] PUBLIC ISSUE BY TATA CAPITAL FINANCIAL SERVICES LIMITED (“COMPANY” OR THE “ISSUER”) OF SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 1,000 EACH (“SECURED NCDs”) UP TO ` 299,790 LAKH AND UNSECURED, SUBORDINATED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 1,000 EACH (“UNSECURED NCDs”) UP TO ` 112,810 LAKH, AGGREGATING UP TO ` 412,600 LAKH (“TRANCHE II ISSUE”). THE BASE ISSUE SIZE OF TRANCHE II ISSUE IS ` 50,000 LAKH WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UPTO ` 362,600 LAKH, AGGREGATING UPTO ` 412,600 LAKH (“RESIDUAL SHELF LIMIT”). THE SECURED NCDS AND UNSECURED NCDS ARE TOGETHER REFERRED TO AS THE “NCDS”. THIS TRANCHE II ISSUE IS BEING MADE PURSUANT TO THE TERMS AND CONDITIONS OF THE TRANCHE II PROSPECTUS (“TRANCHE II PROSPECTUS”), WHICH SHOULD BE READ TOGETHER WITH THE SHELF PROSPECTUS DATED AUGUST 29, 2018 (“SHELF PROSPECTUS”) FILED WITH THE REGISTRAR OF COMPANIES, MAHARASHTRA, MUMBAI (“ROC”), THE STOCK EXCHANGES AND THE SECURITIES AND EXCHANGE BOARD OF INDIA (“SEBI”) UNDER THE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008 AS AMENDED (THE “SEBI DEBT REGULATIONS”) AND THE COMPANIES ACT, 2013 AND RULES MADE THEREUNDER AS AMENDED TO THE EXTENT NOTIFIED.THE SHELF PROSPECTUS AND THE TRANCHE II PROSPECTUS CONSTITUTES THE PROSPECTUS (“PROSPECTUS”). THE UNSECURED, SUBORDINATED, REDEEMABLE, NON- CONVERTIBLE DEBENTURES WILL BE IN THE NATURE OF SUBORDINATED DEBT AND WILL BE ELIGIBLE FOR INCLUSION AS TIER II CAPITAL. 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TATA CAPITAL FINANCIAL SERVICES LIMITED 3 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
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TATA CAPITAL FINANCIAL SERVICES LIMITED 5 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
TABLE OF CONTENTS
3DUWLFXODUV Page No. 2EMHFWVRIWKH7UDQFKH,,,VVXH Issue Procedure 8
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DISCLAIMER PARTICIPATION BY ANY OF THE INVESTOR CLASSES IN THIS ISSUE WILL BE SUBJECT TO APPLICABLE STATUTORY AND/OR REGULATORY REQUIREMENTS. APPLICANTS ARE ADVISED TO ENSURE THAT APPLICATIONS MADE BY THEM DO NOT EXCEED THE INVESTMENT LIMITS OR MAXIMUM NUMBER OF NCDs THAT CAN BE HELD BY THEM UNDER APPLICABLE STATUTORY AND/OR REGULATORY PROVISIONS. APPLICANTS ARE ADVISED TO ENSURE THAT THEY HAVE OBTAINED THE NECESSARY STATUTORY AND/OR REGULATORY PERMISSIONS/CONSENTS/APPROVALS IN CONNECTION WITH APPLYING FOR, SUBSCRIBING TO, OR SEEKING ALLOTMENT OF NCDs PURSUANT TO THE ISSUE.
6 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
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TATA CAPITAL FINANCIAL SERVICES LIMITED 25 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
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26 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
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RIDFFRXQWVJURXSV LEGAL AND OTHER INFORMATION Net worth * PENDING PROCEEDINGS AND STATUTORY DEFAULTS Total borrowings of which /LWLJDWLRQLQYROYLQJ7&)6/ L 'HEW6HFXULWLHV Litigations against TCFSL LL %RUURZLQJV RWKHUWKDQGHEWVHFXULWLHV D Civil Proceedings iii) Subordinated liabilities L 3URSHUW\SODQWDQGHTXLSPHQW $ 7&)6/KDVVDQFWLRQHG&KDQQHO)LQDQFH)DFLOLW\WR0DJLF 0RWRUVRIDQDPRXQWRI5V8SRQGHIDXOWEHLQJ &DSLWDOZRUNLQSURJUHVV FRPPLWWHGE\WKH%RUURZHU7&)6/KDVLQLWLDWHGDUELWUDWLRQ ,QWDQJLEOHDVVHWVXQGHUGHYHORSPHQW SURFHHGLQJVDQG¿OHGLWVFODLPEHIRUHWKHVROHDUELWUDWRUIRU 2WKHULQWDQJLEOHDVVHWV 5V 7KH%RUURZHUKDV¿OHGFRXQWHUFODLPRI Financial assets 5VODNKDORQJZLWKWKHVWDWHPHQWRIGHIHQFHFODLPLQJ EXVLQHVVORVVHVORVVRIJRRGZLOODQGUHSXWDWLRQ7&)6/KDV 1RQ¿QDQFLDODVVHWV ¿OHGLWVUHSO\WRWKHVDPHDQGWKHPDWWHULVSHQGLQJEHIRUH &DVKDQGFDVKHTXLYDOHQWV WKH$UELWUDWRUIRUDGMXGLFDWLRQ %DQNEDODQFHRWKHUWKDQDERYH % 7&)6/KDVVDQFWLRQHG&KDQQHO)LQDQFH)DFLOLW\WR.DQFKDQ ,QYHVWPHQWV 0RWRUVRIDQDPRXQW5V8SRQGHIDXOWEHLQJ Financial liabilities FRPPLWWHGE\WKH%RUURZHU7&)6/KDVLQLWLDWHGDUELWUDWLRQ SURFHHGLQJVDQG¿OHGLWVFODLPEHIRUHWKHVROHDUELWUDWRUIRU 1RQ)LQDQFLDOOLDELOLWLHV 5V 7KH%RUURZHUKDV¿OHGFRXQWHUFODLP Total income RI 5V ODNK DORQJ ZLWK WKH VWDWHPHQW RI GHIHQFH 28 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS claiming business losses, loss of goodwill and reputation, YLL 7&)6/ KDV UHFHLYHG DQ DXGLW UHSRUW DQG QRWLFH IRU PHQWDO KDUDVVPHQW DQG DJRQ\ 7&)6/ KDV ¿OHG LWV UHSO\ SD\PHQWRIWD[GDWHG6HSWHPEHUIURPWKH6DOHV7D[ WR WKH VDPH PDWWHU LV SHQGLQJ EHIRUH WKH DUELWUDWRU IRU 2I¿FHU %KXEDQHVZDU XQGHU WKH 2GLVKD 9DOXH $GGHG 7D[ DGMXGLFDWLRQ $FW UHJDUGLQJ GLVDOORZDQFH RI LQSXW FUHGLW DPRXQWLQJ E Tax Cases WR 5V SHUWDLQLQJ WR WKH ¿QDQFLDO \HDU 7&)6/ KDV ¿OHG DQ DSSHDO LQ WKLV UHJDUG ZLWK WKH 'HSXW\ L 7KH'HSXW\&RPPLVVLRQHURI,QFRPH7D[ ³ DCIT ”) passed the Commissioner, Appeals and the matter is currently pending. 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Matter is pending before RI WKH ,%& &RGH ¿OHG E\ 7&)6/ EHIRUH WKH 1&/7 &KHQQDL WKH/LTXLGDWRUDQG7&)6/KDV¿OHG)RUP' %HQFK ZDV DGPLWWHG DQG LWV FODLP RI 5V ZDV LL 7KHSURFHHGLQJVXQGHUSDUDJUDSK LL VKDOOEHGHOHWHGLQWKHLU DGPLWWHGE\WKH5HVROXWLRQ3URIHVVLRQDO0DUJ/LPLWHGKDG¿OHG entirety. an appeal against the admission order and the said appeal was GLVPLVVHG E\ WKH 1DWLRQDO &RPSDQ\ /DZ $SSHOODWH 7ULEXQDO LLL 7KH 6WDWH %DQN RI ,QGLD ¿OHG DQ DSSOLFDWLRQ XQGHU 6HFWLRQ ³ NCLAT ´ 7KH 1&/7 &KHQQDL %HQFK KDV SDVVHG DQ RUGHU RI WKH ,%& &RGH EHIRUH WKH 1DWLRQDO &RPSDQ\ /DZ7ULEXQDO NCLT GDWHG'HFHPEHUIRUOLTXLGDWLRQRIWKH%RUURZHUDQG ³ ´ +\GHUDEDG EHQFK IRU LQLWLDWLRQ RI FRUSRUDWH 7&)6/KDV¿OHGLWVFODLPEHIRUHWKH/LTXLGDWRU(GHOZHLVV$5& LQVROYHQF\SURFHHGLQJVDJDLQVW,95&//LPLWHG,QIXUWKHUDQFH KDG¿OHGDQDSSHDOEHIRUH1&/$7VHHNLQJLQWHUDOLDDGPLVVLRQ RIVXFKDSSOLFDWLRQFRUSRUDWHLQVROYHQF\UHVROXWLRQSURFHVVZDV RI LWV FODLP DQG VHWWLQJ DVLGH RI OLTXLGDWLRQ RUGHU ZKLFK ZDV LQLWLDWHGSXUVXDQWWRDQRUGHUSDVVHGE\WKH1&/7+\GHUDEDG GLVPLVVHG E\ WKH 1&/$7 YLGH RUGHU GDWHG 0D\ EHQFKGDWHG)HEUXDU\7&)6/EHLQJD¿QDQFLDOFUHGLWRU (GHOZHLVV$5&KDV¿OHGDFLYLODSSHDOEHIRUHWKH6XSUHPH&RXUW KDV¿OHGDSURRIRILWVFODLPIRUDQDPRXQWRI5V RI,QGLDVHHNLQJVHWWLQJDVLGHRIWKHRUGHUGDWHG0D\ DVRQ)HEUXDU\7KHFRUSRUDWHLQVROYHQF\SURFHHGLQJV in this regard are currently in progress. Mr. Sutanu Sinha, SDVVHGE\WKH1&/$77KHVDLGDSSHDOLVSHQGLQJ 5HVROXWLRQ 3URIHVVLRQDO KDV ¿OHG DQ DSSOLFDWLRQ VHHNLQJ YLL 7KH 6WDWH %DQN RI ,QGLD KDG ¿OHG DQ DSSOLFDWLRQ XQGHU OLTXLGDWLRQRIWKH&RPSDQ\ZKLFKLVSHQGLQJ 6HFWLRQ RI WKH ,%& &RGH EHIRUH WKH 1&/7 .RONDWD EHQFK ` IRU LQLWLDWLRQ RI FRUSRUDWH LQVROYHQF\ SURFHHGLQJV DJDLQVW LY 7&/KDGVDQFWLRQHGDWHUPORDQDPRXQWRI WR &RDVWDO 3URMHFWV /LPLWHG ,Q IXUWKHUDQFH RI VXFK DSSOLFDWLRQ 'HFFDQ&KURQLFOH+ROGLQJ/LPLWHG ³ 'HFFDQ ´ LQ'HFFDQ FRUSRUDWHLQVROYHQF\UHVROXWLRQSURFHVVZDVLQLWLDWHGSXUVXDQW GHIDXOWHGLQWKHSD\PHQWRIWKHORDQDQG7&/LQLWLDWHGDUELWUDWLRQ WRDQRUGHUSDVVHGE\WKH1&/7GDWHG-DQXDU\7&)6/ SURFHHGLQJVDJDLQVW'HFFDQ8QGHU6HFWLRQ RIWKH$UELWUDWLRQ EHLQJD¿QDQFLDOFUHGLWRUKDV¿OHGLWVFODLPIRUDQDPRXQWRI $FW &RXUW 5HFHLYHU +LJK &RXUW RI %RPED\ WRRN SK\VLFDO possession of the mortgaged property at Mathuradas Mill 5V DVRQ-DQXDU\6XEVHTXHQWO\1&/7 Compound, Mumbai. 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SEBI DOES NOT TAKE ANY RESPONSIBILITY EITHER FOR THE FINANCIAL SOUNDNESS OF ANY SCHEME OR THE PROJECT FOR WHICH THE ISSUE IS PROPOSED TO BE MADE OR FOR THE CORRECTNESS OF THE STATEMENTS MADE OR OPINIONS EXPRESSED IN THE OFFER DOCUMENT. THE LEAD MERCHANT BANKERS, A. K. CAPITAL SERVICES LIMITED, EDELWEISS FINANCIAL SERVICES LIMITED AND AXIS BANK LIMITED, HAVE CERTIFIED THAT DISCLOSURES MADE IN THE OFFER DOCUMENT ARE GENERALLY ADEQUATE AND ARE IN CONFORMITY WITH TATA CAPITAL FINANCIAL SERVICES LIMITED 31 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS THE SEBI (ISSUE AND LISTING OF DEBT SECURITIES) b) ZDUUDQW WKDW WKLV &RPSDQ\¶V VHFXULWLHV ZLOO EH OLVWHG RU ZLOO REGULATIONS, 2008 IN FORCE FOR THE TIME BEING. THIS FRQWLQXHWREHOLVWHGRQWKH([FKDQJH RU REQUIREMENT IS TO FACILITATE INVESTORS TO TAKE AN c) WDNH DQ\ UHVSRQVLELOLW\ IRU WKH ¿QDQFLDO RU RWKHU VRXQGQHVV RI INFORMED DECISION FOR MAKING INVESTMENT IN THE WKLV&RPSDQ\LWVSURPRWHUVLWVPDQDJHPHQWRUDQ\VFKHPHRU PROPOSED ISSUE. SURMHFWRIWKLV&RPSDQ\ IT SHOULD ALSO BE CLEARLY UNDERSTOOD THAT $QGLWVKRXOGQRWIRUDQ\UHDVRQEHGHHPHGRUFRQVWUXHGWKDWWKLV WHILE THE ISSUER IS PRIMARILY RESPONSIBLE FOR RIIHU GRFXPHQW KDV EHHQ FOHDUHG RU DSSURYHG E\ WKH ([FKDQJH CORRECTNESS, ADEQUACY AND DISCLOSURE OF ALL (YHU\ SHUVRQ ZKR GHVLUHV WR DSSO\ IRURU RWKHUZLVH DFTXLUHV DQ\ RELEVANT INFORMATION IN THE OFFER DOCUMENT, VHFXULWLHV RI WKLV &RPSDQ\ PD\ GR VR SXUVXDQW WR ,QGHSHQGHQW THE LEAD MERCHANT BANKERS ARE EXPECTED TO LQTXLU\ LQYHVWLJDWLRQ DQG DQDO\VLV DQG VKDOO QRW KDYH DQ\ FODLP EXERCISE DUE DILIGENCE TO ENSURE THAT THE DJDLQVWWKH([FKDQJHZKDWVRHYHUE\DQ\UHDVRQRIDQ\ORVVZKLFK ISSUER DISCHARGES ITS RESPONSIBILITY ADEQUATELY PD\EHVXIIHUHGE\VXFKSHUVRQFRQVHTXHQWWRRULQFRQQHFWLRQZLWK IN THIS BEHALF AND TOWARDS THIS PURPOSE, THE VXFKVXEVFULSWLRQDFTXLVLWLRQZKHWKHUE\UHDVRQRIDQ\WKLQJVWDWHG LEAD MERCHANT BANKERS, A. K. CAPITAL SERVICES RURPLWWHGWREHVWDWHGKHUHLQRUIRUDQ\RWKHUUHDVRQZKDWVRHYHU LIMITED, EDELWEISS FINANCIAL SERVICES LIMITED AND AXIS BANK LIMITED HAVE FURNISHED TO SEBI A DUE 'LVFODLPHU&ODXVHRIWKH16( DILIGENCE CERTIFICATE DATED AUGUST 02, 2019 WHICH $VUHTXLUHGDFRS\RIWKLVRIIHUGRFXPHQWKDVEHHQVXEPLWWHGWR 5($'6$6)2//2:6 WKH1DWLRQDO6WRFN([FKDQJHRI,QGLD/LPLWHG KHUHLQDIWHUUHIHUUHG WE CONFIRM THAT NEITHER THE ISSUER NOR ITS WR DV 16( 16( KDV JLYHQ YLGH LWV OHWWHU UHI 16(/,67 PROMOTERS OR DIRECTORS HAVE BEEN PROHIBITED GDWHG$XJXVWDQGIXUWKHUH[WHQGHGYLGHOHWWHUUHI 16( FROM ACCESSING THE CAPITAL MARKET UNDER ANY /,67 GDWHG 0D\ SHUPLVVLRQ WR WKH ,VVXHU WR XVH ORDER OR DIRECTION PASSED BY THE BOARD. WE WKH ([FKDQJH¶V QDPH LQ WKLV RIIHU GRFXPHQW DV RQH RI WKH 6WRFN ALSO CONFIRM THAT NONE OF THE INTERMEDIARIES ([FKDQJHVRQZKLFKWKLV,VVXHU¶VVHFXULWLHVDUHSURSRVHGWREHOLVWHG NAMED IN THE TRANCHE II PROSPECTUS HAVE BEEN 7KH H[FKDQJH KDV VFUXWLQL]HG WKLV RIIHU GRFXPHQW IRU LWV OLPLWHG DEBARRED FROM FUNCTIONING BY ANY REGULATORY LQWHUQDOSXUSRVHRIGHFLGLQJRQWKHPDWWHURIJUDQWLQJWKHDIRUHVDLG AUTHORITY. SHUPLVVLRQWRWKLVLVVXHU,WLVWREHGLVWLQFWO\XQGHUVWRRGWKDWWKH DIRUHVDLGSHUPLVVLRQJLYHQE\16(VKRXOGQRWLQDQ\ZD\EHGHHPHG WE CONFIRM THAT ALL THE MATERIAL DISCLOSURES RUFRQVWUXHGWKDWWKHRIIHUGRFXPHQWKDVEHHQFOHDUHGRUDSSURYHG IN RESPECT OF THE ISSUER HAVE BEEN MADE IN E\WKH16( QRUGRHVLWLQDQ\PDQQHUZDUUDQWFHUWLI\RUHQGRUVH THE TRANCHE II PROSPECTUS AND CERTIFY THAT WKHFRUUHFWQHVVRUFRPSOHWHQHVVRIDQ\RIWKHFRQWHQWVRIWKLVRIIHU ANY MATERIAL DEVELOPMENT IN THE TRANCHE GRFXPHQW QRU GRHV LW ZDUUDQW WKDW WKLV LVVXHU¶V VHFXULWLHV ZLOO EH II ISSUE OR RELATING TO THE TRANCHE II ISSUE OLVWHGRUZLOOFRQWLQXHWREHOLVWHGRQWKHH[FKDQJH QRUGRHVLWWDNH UP TO THE COMMENCEMENT OF LISTING AND DQ\UHVSRQVLELOLW\IRUWKH¿QDQFLDORURWKHUVRXQGQHVVRIWKLVLVVXHU TRADING OF THE NCDS OFFERED THROUGH THE LWVSURPRWHUVLWVPDQDJHPHQWRUDQ\VFKHPHRUSURMHFWRIWKLVLVVXHU TRANCHE II ISSUE SHALL BE INFORMED THROUGH PUBLIC NOTICES/ADVERTISEMENTS IN ALL THOSE (YHU\ SHUVRQ ZKR GHVLUHV WR DSSO\ IRU RU RWKHUZLVH DFTXLUH DQ\ NEWSPAPERS IN WHICH PRE-ISSUE ADVERTISEMENT VHFXULWLHVRIWKLVLVVXHUPD\GRVRSXUVXDQWWRLQGHSHQGHQWLQTXLU\ AND ADVERTISEMENT FOR OPENING OR CLOSURE OF LQYHVWLJDWLRQDQGDQDO\VLVDQGVKDOOQRWKDYHDQ\FODLPDJDLQVWWKH THE TRANCHE II ISSUE WILL BE GIVEN. H[FKDQJHZKDWVRHYHUE\UHDVRQRIDQ\ORVVZKLFKPD\EHVXIIHUHGE\ VXFKSHUVRQFRQVHTXHQWWRRULQFRQQHFWLRQZLWKVXFKVXEVFULSWLRQ WE CONFIRM THAT THE PROSPECTUS CONTAINS ALL DFTXLVLWLRQZKHWKHUE\UHDVRQRIDQ\WKLQJVWDWHGRURPLWWHGWREH DISCLOSURES AS SPECIFIED IN THE SECURITIES AND VWDWHGKHUHLQRUDQ\RWKHUUHDVRQZKDWVRHYHU EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008, AS AMENDED. 'LVFODLPHU&ODXVHRIWKH5%, THE COMPANY IS HAVING A VALID CERTIFICATE OF WE ALSO CONFIRM THAT ALL RELEVANT PROVISIONS OF THE COMPANIES ACT, 2013, AS AMENDED AND TO REGISTRATION DATED NOVEMBER 4, 2011 ISSUED BY THE THE EXTENT NOTIFIED, SECURITIES CONTRACTS RESERVE BANK OF INDIA UNDER SECTION 45 IA OF THE (REGULATION) ACT, 1956, SECURITIES AND EXCHANGE RESERVE BANK OF INDIA ACT, 1934. HOWEVER, THE RBI BOARD OF INDIA ACT, 1992 AND THE RULES, DOES NOT ACCEPT ANY RESPONSIBILITY OR GUARANTEE REGULATIONS, GUIDELINES, CIRCULARS ISSUED ABOUT THE PRESENT POSITION AS TO THE FINANCIAL THEREUNDER ARE COMPLIED WITH. SOUNDNESS OF THE COMPANY OR FOR THE CORRECTNESS OF ANY OF THE STATEMENTS OR REPRESENTATIONS 'LVFODLPHU&ODXVHRIWKH%6( MADE OR OPINIONS EXPRESSED BY THE COMPANY AND %6( /LPLWHG ³WKH ([FKDQJH´ KDV JLYHQ YLGH LWV OHWWHU GDWHG FOR REPAYMENT OF DEPOSITS/ DISCHARGE OF LIABILITY $XJXVWSHUPLVVLRQWRWKLV&RPSDQ\WRXVHWKH([FKDQJH¶V BY THE COMPANY. IT IS DISTINCTLY UNDERSTOOD THAT QDPHLQWKLVRIIHUGRFXPHQWDVRQHRIWKH6WRFN([FKDQJHVRQZKLFK THE TRANCHE II PROSPECTUS SHOULD NOT IN ANY WAY WKLV&RPSDQ\¶VVHFXULWLHVDUHSURSRVHGWREHOLVWHG7KH([FKDQJH BE DEEMED OR CONSTRUED TO BE APPROVED OR VETTED KDVVFUXWLQL]HGWKLVRIIHUGRFXPHQWIRULWVOLPLWHGLQWHUQDOSXUSRVH BY RBI. RIGHFLGLQJRQWKHPDWWHURIJUDQWLQJWKHDIRUHVDLGSHUPLVVLRQWRWKLV 7UDFNUHFRUGRISDVWSXEOLFLVVXHVKDQGOHGE\WKH/HDG0DQDJHUV &RPSDQ\7KH([FKDQJHGRHVQRWLQDQ\PDQQHU 7KHWUDFNUHFRUGRISDVWLVVXHVKDQGOHGE\WKH/HDG0DQDJHUVDVUHTXLUHG a) ZDUUDQWFHUWLI\RUHQGRUVHWKHFRUUHFWQHVVRUFRPSOHWHQHVVRI E\ 6(%, FLUFXODU UHJDUGLQJ 'LVFORVXUH RI 7UDFN 5HFRUG RI WKH SXEOLF DQ\RIWKHFRQWHQWVRIWKLVRIIHUGRFXPHQW RU LVVXHVPDQDJHGE\0HUFKDQW%DQNHUVEHDULQJQR&,50,56' GDWHG-DQXDU\DUHDYDLODEOHDWWKHIROORZLQJZHEVLWHV 32 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Name of lead manager Website ZKLFKDUHVXI¿FLHQWWRFRYHUWKHRXWVWDQGLQJDPRXQWVGXHXQGHU defaulted loans may adversely affect our business. $.&DSLWDO6HUYLFHV/LPLWHG ZZZDNJURXSFRLQ We operate in a highly competitive industry and our inability to (GHOZHLVV)LQDQFLDO6HUYLFHV/LPLWHG ZZZHGHOZHLVV¿QFRP compete effectively may adversely affect our business. $[LV%DQN/LPLWHG ZZZD[LVEDQNFRP We are subject to laws and regulations governing the banking )RUIXUWKHUGHWDLOVUHIHUVHFWLRQWLWOHG³2WKHU5HJXODWRU\DQG6WDWXWRU\ DQG¿QDQFLDOVHUYLFHVLQGXVWU\LQ,QGLDDQGFKDQJHVLQODZVDQG 'LVFORVXUHV´RQSDJHRIWKH7UDQFKH,,3URVSHFWXV regulations governing us could adversely affect our business, results of operations and prospects. RISK FACTORS 8. :HGHULYHFHUWDLQEHQH¿WVDVSDUWRIWKH7DWDJURXS,IZHDUHXQDEOH The risk factors set forth below do not purport to be complete or WRFRQWLQXHWREHQH¿WIURPRXUUHODWLRQVKLSZLWKRXU3URPRWHUDQG comprehensive in terms of all the risk factors that may arise in the “Tata” brand, this may result in loss of goodwill and increased connection with our business or any decision to purchase, own or costs. dispose off the NCDs. Prospective investors should carefully consider the risks and uncertainties described below, in addition to the other 2XU VLJQL¿FDQW LQGHEWHGQHVV DQG WKH FRQGLWLRQV DQG UHVWULFWLRQV information contained in the Shelf Prospectus including the section LPSRVHGE\RXU¿QDQFLQJDUUDQJHPHQWVFRXOGUHVWULFWRXUDELOLW\ ³2XU%XVLQHVV´DQG³)LQDQFLDO,QIRUPDWLRQ´DWSDJHVDQG RIWKH to conduct our business and operations in the manner we desire. Shelf Prospectus, respectively, before making any investment decision Some of the loans we provide are unsecured and are susceptible relating to the NCDs . If any of the following risks or other risks that to certain operational and credit risks and substantial increase in are not currently known or are now deemed immaterial, actually occur, the levels of non-performing assets in our loan portfolio, for any RXUEXVLQHVV¿QDQFLDOFRQGLWLRQDQGUHVXOWRIRSHUDWLRQFRXOGVXIIHUWKH reason whatsoever, would adversely affect our business, results of trading price of the NCDs could decline and you may lose all or part of RSHUDWLRQVDQG¿QDQFLDOFRQGLWLRQ your interest and/or redemption amounts. The risks and uncertainties We depend on the accuracy and completeness of information about described in this section are not the only risks that we currently face. customers and counterparties for our credit assessment and risk Additional risks and uncertainties not known to us or that we currently management. Any misrepresentation, errors in or incompleteness believe to be immaterial may also have an adverse effect on our business, of such information could adversely affect our business and UHVXOWVRIRSHUDWLRQVDQG¿QDQFLDOFRQGLWLRQ ¿QDQFLDOSHUIRUPDQFH Unless otherwise stated in the relevant risk factors set forth below, Our ability to borrow from various banks may be restricted on 7&)6/LVQRWLQDSRVLWLRQWRVSHFLI\RUTXDQWLI\WKH¿QDQFLDORURWKHU account of guidelines issued by the RBI imposing restrictions on implications of any of the risks mentioned herein. The ordering of the banks in relation to their exposure to NBFCs which could have an risk factors is intended to facilitate ease of reading and reference and impact on our business and could affect our growth, margins and does not in any manner indicate the importance of one risk factor over business operations. another. We are party to certain legal proceedings and any adverse outcome The Shelf Prospectus contains forward looking statements that involve in these or other proceedings may adversely affect our business. risk and uncertainties. TCFSL’s actual results could differ materially from those anticipated in these forward looking statements as a result ,IZHGRQRWJHQHUDWHVXI¿FLHQWDPRXQWRIFDVKIURPRSHUDWLRQV of several factors, including the considerations described below and our liquidity and our ability to service our indebtedness and fund elsewhere in the Shelf Prospectus. our operations would be adversely affected. The regulatory requirement to maintain a stipulated capital 8QOHVVRWKHUZLVHLQGLFDWHGWKH¿QDQFLDOLQIRUPDWLRQLQFOXGHGKHUHLQLV based on our Reformatted Standalone Financial Information for Fiscal adequacy ratio could restrict our future business growth. DQGLQFOXGHGLQWKH6KHOI3URVSHFWXV We may face asset-liability mismatches which could affect our liquidity and consequently may adversely affect TCFSL’s 8QOHVVRWKHUZLVHLQGLFDWHGWKH¿QDQFLDOLQIRUPDWLRQSHUWDLQLQJWRWKH year ended March 31, 2019 included in the Tranche II Prospectus is RSHUDWLRQVDQGSUR¿WDELOLW\ based on the Reformatted Consolidated Financial Information under Our risk management measures may not be fully effective in IND AS. mitigating our risks in all market environments or against all types RI ULVNV ZKLFK PD\ DGYHUVHO\ DIIHFW RXU EXVLQHVV DQG ¿QDQFLDO 7KH¿QDQFLDOLQIRUPDWLRQDVRQ-XQH LVRQDVWDQGDORQHEDVLV performance. RISKS RELATING TO OUR BUSINESS If we are unable to establish and maintain an effective system of 7&)6/¶VRSHUDWLRQVDUHVXVFHSWLEOHWRÀXFWXDWLRQVLQLQWHUHVWU DWHV internal controls and compliances, our business and reputation which could cause our net interest income to vary and consequently could be adversely affected. DIIHFWRXUSUR¿WDELOLW\ We have entered into certain transactions with related parties in Inability to sustain our growth or manage it effectively may affect the past and any such transactions or any future related party RXUEXVLQHVVRSHUDWLRQVDQGSUR¿WDELOLW\WRDODUJHH[WHQW WUDQVDFWLRQV PD\ SRWHQWLDOO\ LQYROYH FRQÀLFWV RI LQWHUHVW ZKLFK We may not be able to successfully diversify our product portfolio, PD\DGYHUVHO\DIIHFWRXUEXVLQHVVSURVSHFWV¿QDQFLDOFRQGLWLRQV enter new lines of business or expand business in new regions and and results of operation. markets in India which may materially and adversely affect our As an NBFC, non-compliance with the RBI’s observations made EXVLQHVVSURVSHFWVDQGLPSDFWRXUIXWXUH¿QDQFLDOSHUIRUPDQFH during its periodic inspections could expose us to penalties and Any disruption in our sources of funding and inability to secure the restrictions. UHTXLVLWHDPRXQWRI¿QDQFLQJDWFRPSHWLWLYHUDWHVIRURXUJURZWK Any non-compliance with mandatory Anti-Money Laundering SODQVFRXOGDGYHUVHO\DIIHFWRXUOLTXLGLW\DQG¿QDQFLDOFRQGLWLRQ and Know Your Customer policies could expose us to additional In respect of secured loans given by TCFSL, inability to recover, liability and harm our business and reputation. on a timely basis or at all, the full value of collateral or amounts TATA CAPITAL FINANCIAL SERVICES LIMITED 33 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS System failures or inadequacy and security breaches in computer You may be subject to taxes arising on the sale of the NCDs. systems may adversely affect our business. ,I ZH GR QRW JHQHUDWH DGHTXDWH SUR¿WV ZH PD\ QRW EH DEOH WR Our business is dependent on relationships with our customers maintain an adequate DRR for the NCDs issued pursuant to established through, amongst others, our branches. Closure of this Shelf Prospectus, which may have a bearing on the timely branches or loss of our key relationship personnel may lead to redemption of the NCDs by TCFSL. damage to these relationships and a decline in our revenue and There may be no active market for the NCDs on the platform of SUR¿WV the Stock Exchanges. As a result, the liquidity and market prices The success of our business operations is dependent on our senior of the NCDs may fail to develop and may accordingly be adversely management team and KMPs as well as our ability to attract, train affected. and retain employees. There may be a delay in making refund to Applicants. Any downgrade of our credit ratings would increase borrowing Payments to be made on the NCDs will be subordinated to costs and constrain our access to capital and lending markets and, certain tax and other liabilities preferred by law. In the event of as a result, would negatively affect our net interest margin and our EDQNUXSWF\OLTXLGDWLRQRUZLQGLQJXSWKHUHPD\QRWEHVXI¿FLHQW business. assets remaining to pay amounts due on the NCDs. :H KDYH H[SHULHQFHG QHJDWLYH FDVK ÀRZV LQ UHODWLRQ WR RXU The fund requirement and deployment mentioned in the Objects RSHUDWLQJ DFWLYLWLHV LQ UHFHQW \HDUV $Q\ QHJDWLYH FDVK ÀRZV LQ RI WKH ,VVXH KDYH QRW EHHQ DSSUDLVHG E\ DQ\ EDQN RU ¿QDQFLDO the future would adversely affect our results of operations and institution ¿QDQFLDOFRQGLWLRQ There is no assurance that the NCDs issued pursuant to this Issue We have in the Shelf Prospectus included certain non-GAAP will be listed on Stock Exchanges in a timely manner, or at all. ¿QDQFLDO PHDVXUHV DQG FHUWDLQ RWKHU VHOHFWHG VWDWLVWLFDO EXTERNAL RISK FACTORS LQIRUPDWLRQUHODWHGWRRXURSHUDWLRQVDQG¿QDQFLDOSHUIRUPDQFH These non-GAAP measures and statistical information may vary ,QVWDELOLW\ RU GLI¿FXOW FRQGLWLRQV LQ WKH ¿QDQFLDO PDUNHWV FRXOG from any standard methodology that is applicable across the DGYHUVHO\DIIHFWRXUEXVLQHVVUHVXOWVRIRSHUDWLRQVDQG¿QDQFLDO ¿QDQFLDOVHUYLFHVLQGXVWU\DQGWKHUHIRUHPD\QRWEHFRPSDUDEOH condition. ZLWK¿QDQFLDORUVWDWLVWLFDOLQIRUPDWLRQRIVLPLODUQRPHQFODWXUH A slowdown in economic growth in India could cause our business FRPSXWHGDQGSUHVHQWHGE\RWKHU¿QDQFLDOVHUYLFHVFRPSDQLHV to suffer. We do not own the trademark and the logo associated with “Tata” Political instability or changes in the Government could adversely brand name. Consequently, our ability to use the trademark, name affect economic conditions in India and consequently our business. and logo may be impaired. Financial instability, economic developments and volatility in TCFSL’s insurance coverage may not adequately protect TCFSL securities markets in other countries may also affect the business against losses which could adversely affect TCFSL’s business, of the Company and receivables on the NCDs. ¿QDQFLDOFRQGLWLRQDQGUHVXOWVRIRSHUDWLRQV The Indian tax regime has undergone substantial changes which Our branches are located on leased premises and non-renewal of FRXOGDGYHUVHO\DIIHFWWKH&RPSDQ\¶VEXVLQHVVDQGSUR¿WVDQGWKH lease or license agreements or their renewal on terms unfavorable net receivables in relation to the NCDs to us could adversely affect our operations. Changing laws, rules and regulations and legal uncertainties, Some of the information disclosed in the Shelf Prospectus and including adverse application of corporate and tax laws, may Tranche II Prospectus is based on information from industry adversely affect our business, prospects, results of operations and sources and publications which may be based on projections, ¿QDQFLDOFRQGLWLRQ forecasts and assumptions that may prove to be incorrect. Investors Differences exist between Indian GAAP and other accounting should not place undue reliance on, or base their investment principles, which may be material to investors’ assessments of our decision on this information. ¿QDQFLDOFRQGLWLRQ The new Bankruptcy Code in India may affect our rights to recover Any downgrading of India’s debt rating by a domestic or loans from borrowers . international rating agency could adversely affect our ability to TCFSL is subject to a number of new accounting standards as UDLVH¿QDQFLQJDQGRXUEXVLQHVV SDUWRILWVWUDQVLWLRQWR,1' $6 WKDWPD\VLJQL¿FDQWO\LPSDFWLWV Our ability to raise foreign debt capital may be constrained by ¿QDQFLDOVWDWHPHQWVLQIXWXUHUHSRUWLQJSHULRGV Indian law. RISKS RELATING TO THE ISSUE AND THE NCDS ,QÀDWLRQLQ,QGLDFRXOGKDYHDQDGYHUVHHIIHFWRQRXUSUR¿WDELOLW\ There are other lenders and debenture trustees who have pari DQGLIVLJQL¿FDQWRQRXU¿QDQFLDOFRQGLWLRQ passu charge over the Security provided. $FWVRIWHUURULVPFLYLOGLVWXUEDQFHFRPPXQDOFRQÀLFWVUHJLRQDO Changes in interest rate may affect the price of our NCDs. Any FRQÀLFWVDQGRWKHUVLPLODUWKUHDWVWRVHFXULW\FRXOGDGYHUVHO\DIIHFW LQFUHDVHLQUDWHRILQWHUHVWZKLFKIUHTXHQWO\DFFRPSDQ\LQÀDWLRQ 7&)6/¶VEXVLQHVVFDVKÀRZVUHVXOWVRIRSHUDWLRQVDQG¿QDQFLDO and/or a growing economy, are likely to have a negative effect on condition the price of our NCDs. Natural disasters and other disruptions could adversely affect the The NCD Holders may not be able to recover, on a timely basis or Indian economy and could adversely affect our business, results of at all, the full value of the outstanding amounts and/or the interest RSHUDWLRQVDQG¿QDQFLDOFRQGLWLRQ . accrued thereon in connection with the NCDs. Failure or delay to )RUGHWDLOVSOHDVHUHIHUSDJHRIWKH6KHOI3URVSHFWXVDQGRQSDJH recover the expected value from a sale or disposition of the assets of the Tranche II Prospectus. charged as security in connection with the NCDs could expose the holders to a potential loss. 34 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS MATERIAL CONTRACTS AND DOCUMENTS GDWHG$XJXVWDQGIXUWKHUUHYDOLGDWHGE\OHWWHUGDWHG-XO\ FOR INSPECTION &RS\RIWKHUHVROXWLRQSDVVHGDWDPHHWLQJRIWKH%RDUGRI'LUHFWRUV 7KHIROORZLQJFRQWUDFWVZKLFKDUHRUPD\EHGHHPHGPDWHULDOKDYHEHHQ KHOGRQ-XQHDSSURYLQJWKH,VVXH HQWHUHGRUDUHWREHHQWHUHGLQWRE\7&)6/7KHVHFRQWUDFWVDQGDOVRWKH documents for inspection referred to hereunder, may be inspected at the &RS\RIWKHUHVROXWLRQSDVVHGDWDPHHWLQJRIWKH:RUNLQJ&RPPLWWHH 5HJLVWHUHG2I¿FHRI7&)6/VLWXDWHGDW th Floor, Tower A, Peninsula KHOGRQ$XJXVW DSSURYLQJWKH6KHOI3URVSHFWXV %XVLQHVV3DUN*DQSDWUDR.DGDP0DUJ/RZHU3DUHO0XPEDL &RS\RIWKHUHVROXWLRQSDVVHGDWDPHHWLQJRIWKH:RUNLQJ&RPPLWWHH 0DKDUDVKWUD ,QGLD IURP DP ,67 WR SP ,67 RQ DQ\ KHOGRQ$XJXVW DSSURYLQJWKH7UDQFKH,,3URVSHFWXV :RUNLQJ'D\H[FHSW6DWXUGD\GXULQJWKH7UDQFKH,,,VVXH3HULRG &RS\RIWKHUHVROXWLRQSDVVHGE\WKHPHPEHUVRI7&)6/DWWKH(*0 A. 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LVVXHGE\5HVHUYH%DQNRI,QGLDXV,$RIWKH5%,$FW $QQXDO5HSRUWVRI7&)6/IRUWKHODVW¿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regulations, guidelines and circulars as applicable to the Tranche II Prospectus. :HIXUWKHUFHUWLI\WKDWDOOWKHGLVFORVXUHVDQGVWDWHPHQWVLQWKH7UDQFKH,,3URVSHFWXVDUHLQFRQIRUPLW\ZLWKDSSOLFDEOHODZDQGDUHWUXHDFFXUDWHDQG FRUUHFWLQDOOPDWHULDOUHVSHFWVDQGGRQRWRPLWGLVFORVXUHRIDQ\PDWHULDOIDFWZKLFKPD\PDNHWKHVWDWHPHQWVPDGHWKHUHLQLQOLJKWRIFLUFXPVWDQFHV under which they were made, misleading and that the Tranche II Prospectus does not contain any misstatements. 6,*1('%<7+(',5(&7256 5DMLY6DEKDUZDO Non – Executive Director F. N. Subedar Non – Executive Director 0XNXQG6'KDUPDGKLNDUL Independent Director $QXUDGKD(7KDNXU Independent Director Varsha Purandare Independent Director .XVDO5R\ Managing Director 'DWH $XJXVW Place: Mumbai FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS 36 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS TIMING FOR SUBMISSION OF APPLICATION FORM Applications Forms for the Tranche II Issue will be accepted only from 10:00 a.m. to 5:00 p.m. (IST) or such extended time as may be permitted by the Stock Exchanges, on Working Days during the Tranche II Issue Period. On the Tranche II Issue Closing Date, Application Forms will be accepted only between 10:00 a.m. to 3:00 p.m. (IST) and uploaded until 5:00 p.m. (IST) or such extended time as may be permitted by the Stock Exchanges. Due to limitation of time available for uploading the Applications on the electronic platform of the Stock Exchanges on the Tranche II Issue Closing Date, Applicants are advised to submit their Application Forms one day prior to the Tranche II Issue Closing Date and, no later than 3:00 p.m. (IST) on the Tranche II Issue Closing Date. Applicants are cautioned that in the event a large number of Applications are received on the Tranche II Issue Closing Date, there may EHVRPH$SSOLFDWLRQVZKLFKDUHQRWXSORDGHGGXHWRODFNRIVXI¿FLHQWWLPHWRXSORDG6XFK$SSOLFDWLRQVWKDWFDQQRWEHXSORDGHGZLOOQRWEHFRQVLGHUHGIRU allocation under the Tranche II Issue. Application Forms will only be accepted on Working Days during the Tranche II Issue Period. Neither TCFSL, nor the Lead Managers or the Designated Intermediaries are liable for any failure in uploading the Applications due to failure in any software/ hardware systems or otherwise. As per the SEBI circular CIR/IMD/DF/18/2013 dated October 29, 2013, the allotment in the Tranche II Issue would be made on the basis of date of upload of each Application into the electronic book of the Stock Exchanges. However, in the event of oversubscription, on such date, the allotments would be made to the Applicants on proportionate basis. CENTRES FOR AVAILABILITY AND ACCEPTANCE OF APPLICATION FORMS ,QFDVHRI$SSOLFDQWDSSO\LQJWKURXJK$6%$3URFHVVLQDQ\6SHFL¿HG&LWLHVLHFLWLHVQDPHO\0XPEDL&KHQQDL.RONDWD'HOKL$KPHGDEDG5DMNRW Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat, the ASBA Applicant can also submit their Application Form with the Members of Syndicate, at the addresses provided below, for uploading of the Application. The respective Member of Syndicate after uploading of the Application shall forward the $SSOLFDWLRQ)RUPWRWKH6SHFL¿HG%UDQFKHVRI6&6%VIRUEORFNLQJRIIXQGV$WDOORWKHUSODFHV H[FHSW6SHFL¿HG&LWLHVDVDERYH WKH$6%$$SSOLFDWLRQ Forms should be submitted with the Designated Branch of SCSBs only and non ASBA Applications should be submitted to the Members of Syndicate/ 7UDGLQJ0HPEHUVDVVSHFL¿HGEHORZ BIDDING CENTRE DETAILS EDELWEISS SECURITIES LIMITED Mumbai : (GHOZHLVV6HFXULWLHV/LPLWHG8QLW%QGÀRRU9DVXGHY&KDPEHUV2OG1DJDUGDVFURVVURDG$QGKHUL HDVW Mumbai -69; 022-68264903; Edelweiss, G1, Ground Floor, Ararat Building, Nagindas Master Road, Near BSE, Opp. Dwarka +RWHO )RUW 0XPEDL ± (GHOZHLVV (GHOZHLVV 9LUDM 'HHS$SWV &KDQGDYHUNDU 5RDG RSS 0D\XU Tower, Borivali (W). Mumbai-400092; 28983247/84; Edelweiss, 211, Atlantic Commercial Tower, RB Mehta Road, Above 9RGDIRQH*DOOHU\1U3DWHO&KRXN*KDWNRSDU(DVW0XPEDL (GHOZHLVV9LFWRULD3OD]D$QG )ORRU1HDU3RGDU+LJK6FKRRO695RDG6DQWDFUX] : 0XPEDL± Hyderabad : Edelweiss, 2nd ÀRRU0%7RZHUV3ORWQR5RDGQR%DQMDUD+LOOV+\GHUDEDG Chennai : (GHOZHLVV5DMDQ VWUHHW2II%D]XOODK5RDG71DJDU&KHQQDL Bangalore : Edelweiss, The Onyx Centre , Building No. 5 , 2nd Floor Above Nandi Toyota Showroom Museum Road Bangalore – 560001; (080) 42471113; Pune : Edelweiss, UGÀRRU1DQGDGHHSFRPSOH[ )&5RDG6KLYDMLQDJDU3XQH Kolkata : Edelweiss, Martin %XUQ+RXVHQG)ORRU5RRP1R510XNKHUMHH5RDG.RONDWD New Delhi : Edelweiss, Edelweiss 8-B, 8th Floor, Atma Ram House, Tolstoy Marg, New Delhi- 110001 (CP); (11) 4650 1117; Jaipur : Edelweiss, WKÀRRU*UHHQ+RXVH$VKRN0DUJ&6FKHPH-DLSXU Surat : Edelweiss, G-16, D- Wing ,7&%XLOGLQJ0DMXUD*DWH5LQJ5RDG6XUDW Ahmedabad : Edelweiss, 504, 5th Floor, 3rd Eye 9LVLRQ$0$,,05RDG3DQMDUD3ROH$KPHGDEDG± A.K. STOCKMART PRIVATE LIMITED A.K. Stockmart Private Limited: 30-39, 3rd Floor, Free Press House, Free Press Journal Marg, 215, Nariman Point, Mumbai - 400 021 Parag Zaveri- Board: +91-22-67546500/66349300 AXIS CAPITAL LIMITED Bangalore: Axis Capital Limited, #19/4, SAIRBAGH,Cunningham Road, Bangalore, Pin:560052, Ph:080-48651367; Mumbai: $[LV&DSLWDO/LPLWHG$&.KDWDX%OGJ*URXQGÀRRU$ONHVK'LQHVK0RG\0DUJ)RUW0XPEDL3LQ Ph:022- 22677901; New Delhi: Axis Capital Ltd, 2nd Floor, Level 3B (4th Floor), DLF Centre, SansadMarg, Connaught Place, New Delhi, Pin:110001, Ph: 011 - 61289088, Pune: $[LV&DSLWDO/LPLWHG$$VPDQL3OD]D'HFFDQ*\PNKDQD*RRGOXN Chowk, Opp Cafe Goodluk, Behind Raymond Showroom, Pin:411004, Ph:9890018150/9371218150, TATA CAPITAL FINANCIAL SERVICES LIMITED 37 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK. 38 TATA CAPITAL FINANCIAL SERVICES LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBs) UNDER THE ASBA PROCESS Sr. Name of the Bank Controlling Branch & Address Contact Person Telephone Number Fax Number Email No. 1. Axis Bank Ltd. Centralised Collections and Payment Hub (CCPH) Mr. Sunil Fadtare 022-71315906, 9819803730 022- 71315994 [email protected] 5th Floor, Gigaplex, Building No. 1, Plot No. $VVLWDQW9LFH3UHVLGHQW ,70,'&$LUROL.QRZOHGJH3DUN$LUROL Navi Mumbai – 400708 2. Andhra Bank 18 Homi Modi Street,P B No 114,Nanavati Seshagiri Rao Jonnakuti 02222026088/22047626 - [email protected] Mahalaya,Fort Mumbai Maharastr 400023 3. Allahabad Bank Allahabad Bank, Fort Branch, 37, Mumbai 6KUL53UDGHHS.XPDU (022)-22623224 - [email protected] Samachar Marg Mumbai, Maharashtra 400 023 4. Bank of Baroda 0XPEDL0DLQ2I¿FH0XPEDL Mr. Sonu A. Arekar 022-40468314, 40468307, 022-22835236 [email protected] Samachar Marg, Fort, Mumbai-23 5. Bank of Maharashtra Fort Branch, 1st Floor, Janmangal, 45/47, 6+5,95.VKLUVDJDU 022-22694160 22652595 22663947 022-22681296 [email protected]; Mumbai Samachar Marg, Mumbai – 400023 (DGM) [email protected] 6. BNP Paribas BNP Paribas House, 1, North Avenue, Maker Mr. Ashish. Chaturvedi, (022) 61964570/61964594/61964592 (022) 61964595 Ashish.chaturvedi@asia. 0D[LW\%DQGUD.XUOD&RPSOH[%DQGUD (DVW Mr. Dipu SA, Ms Prathima bnpparibas.comdipu.sa@asia. Mumbai – 400051 Madiwala bnpparibas.comprathima. [email protected] 7. Barclays Bank PLC %DUFOD\V%DQN3/&&HHMD\+RXVH Parul Parmar +91- 22 6719 6400/ 6575 +91- 22 6719 6996 [email protected] Shivsagar Estate, Dr Annie Besant Road, Worli, Mumbai – 400018 8. Bank of India 3KLUR]H-HHMHHEKR\7RZHU 1HZ6WRFN 6KUL1DYLQ.XPDU 022-22723631/1677/ 9619810717 022-22721782 Stockexchange.Mumbai, Exchange Bldg), P. J. Tower, Dalal Street, Fort, Pathak, Senior Manager VRXWK#EDQNR¿QGLDFRLQ Mumbai – 400 023. 9. Bandhan Bank *URXQG )ORRU 6KRS 1R .DLODVK &RRS +VJ 6RF Pranot Prakash Patil 9819178585 EK.KDU5RDG#EDQGKDQEDQNFRP /WG2SS.KDU3ROLFH6WDWLRQ695RDG.KDU:HVW0XPEDL Maharashtra, Pin- 400052 10. Corporation Bank Capital Market Branch, Ist Floor, Earnest 0U$PRG.XPDU 022-22841406/22842764, 9870340031 022-22843823 [email protected] House, NCPA Marg Nariman Point, Mumbai-400021 11. CITI Bank &LWLJURXS&HQWHU3ORW1R&%DQGUD.XUOD S Girish 022-26535504, 98199 12248 022-26535824 [email protected], asba.ops@ Complex, Bandra (E), Mumbai - 400 051 citi.com 12. Central Bank of India *URXQGÀRRU&HQWUDO%DQNRI,QGLD&HQWUDO 0U9LQHHW%DQVDM 022- 22623148, 22623149 022-22623150 [email protected] Bank Building, Fort, Mumbai 400001 13. Canara Bank Canara Bank, Capital Market Service Mr. Arvind Namdev 022-22661618/ 22692973/ 9769303555 022-22664140 [email protected], %UDQFKWKÀRRU+LPDOD\D+RXVH Pawar [email protected], Mata Ramabai Ambedkar, Marg, MUMBAI-400 001 [email protected] 14. City Union Bank Ltd. 48, Mahalakshmi St., T. Nagar, Chennai - 600 Sivaraman 044 - 24340010, 24343517, 24346060, 044 - 24348586 [email protected] 017.Tamil Nadu. 24348586, 9380286558, 9382642081 15. Catholic Syrian Bank Ltd. 3%1R *URXQG)ORRU0DUVKDOO$QQH[%XLOGLQJ6RRUML Ram Mohan G S 022-64502165, 022-22664269, - [email protected] 9DOODEKGDV 0DUJ %DOODUG (VWDWH 0XPEDL 0DKDUDVKWUD 3LQ 022-22665865, 022-22650850 400001 16. DBS Bank Ltd. DBS Bank Ltd, Fort House, 221, Dr. D.N. Road, Amol Natekar +91 22 6613 1213 +91 22 6752 8470 [email protected] Fort, Mumbai, 400 001 17. DCB Bank 693DWHO5RDG'RQJUL ( 3LQ 0HHQD]+DVDQDOL7KDQDZDOD 022-67474170 - PHHQD]#GFEEDQNFRP 18. Dena Bank Capital Market Branch, Branch Manager 022-22661206/22702881 022-22694426/ [email protected] %+RUQLPDQ&LUFOH'1DQML%OGJV 22702880 Mumbai-400023 19. Deutsche Bank 6LGUDK6ZDPL9LYHNDQDQGD5RDG.KDU Ms. Hetal Dholakia (91) (022) 6600 9428 (91) (022) 6600 9419 - “[email protected] (West), Mumbai 400052 PDQRMVQDLN#GEFRP QDQHWWH [email protected]. 20 The Dhanlaxmi Bank Ground Floor, Janmabhoomi Bhavan, Plot 11 -12, Janmabhoomi Ramesh Menon 9167832288 [email protected] Marg, Fort Mumbai, Maharashtra - 022- 22871658 21 GP Parsik Sahakari Bank Ltd. Sahakarmurti Gopinath Shivram Patil Bhavan, Parsik Nagar, 0UYLMD\NXPDU$%RUJDRQNDU 022-25456641, 022-25456517, 022- [email protected] .DOZD7KDQH0DKDUDVKWUD Manager Treasury And Accounts 25456529. SMVEDVED#JSSDUVLNEDQNQHW 22. HSBC Ltd. 3rd Floor, PCM Dept. Umang, Plot CTS No. Mr Jagrut Joshi (022) 67115485/ 9870403732 (022) 66536005 MDJUXWMRVKL#KVEFFRLQ 1406-A/28, Mindspace, Malad (West) Mumbai DGGUHVVRI,322SHUDWLRQVRI¿FH 23. HDFC Bank Ltd. FIG – OPS Department HDFC Bank Ltd Lodha 9LQFHQW'VRX]D 022-30752929 / 2927 / 2928 - YLQFHQWGVRX]D#KGIFEDQNFRP - I Think Techno CampusO-3 Level Next to Siddharth Jadhav / VLGGKDUWKMDGKDY#KGIFEDQNFRP .DQMXUPDUJ5DLOZD\6WDWLRQ.DQMXUPDUJ (DVW Prasanna Uchil [email protected] Mumbai - 400042 24. ICICI Bank Ltd. ,&,&,%$1./,0,7('&DSLWDO0DUNHW Roshan Tellis 022-22859874/803 022-22611138 [email protected] Division, 1st Floor, 122, Mistry Bhavan, 'LQVKDZ9DFKKD5RDG%DFNED\5HFODPDWLRQ Churchgate, Mumbai 25. IDBI Bank Ltd. IDBI Bank Limited Central Processing Unit, Shri. Naveen Nischal HP 022- 66700525 / 685 - [email protected] / 6DUMX+RXVHUG)ORRU3ORW1R6WUHHW1R 6KUL9LUDO%DURGLD [email protected] 15, Andheri MIDC, Andheri (E), Mumbai.Pin : 400093 26. Indian Bank Nandanam Branch- 480 Anna Salai, Nandanam 0U90XWKXNXPDU0U 044 24330233 044 24347755 [email protected] 600035 09HHUDEDKX 27. IndusInd Bank IndusInd Bank Ltd. Fort Branch Sonawalla Bldg, TATA CAPITAL FINANCIAL SERVICES LIMITED 39 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Sr. Name of the Bank Controlling Branch & Address Contact Person Telephone Number Fax Number Email No. 33. .RWDN0DKLQGUD .RWDN,Q¿QLWL th )ORRU%XLOGLQJ1R,Q¿QLW\ Prashant Sawant D-+91 22 6605 6959M-+91 9967636316 +91 66056642 [email protected] Bank Ltd. 3DUN2II:HVWHUQ([SUHVV+LJKZD\*HQHUDO$. 9DLG\D0DUJ0DODG ( 34. Mehsana Urban Co- +HDG2I¿FH8UEDQ%DQN5RDG+LJKZD\ Branch Manager +91-2762-251908 +91-2762-240762 [email protected] Op. Bank Ltd. Mehsana – 384002 35. Nutan Nagrik Opp Samratheshwar Mahadev, Nr, Law Miti Shah 9879506795 7926564715 smiti@[email protected] Sahakari Bank Ltd. Garden, Ellisbbridge, Ahmedabad-380006 36. Oriental Bank of 67, Bombay Samachar Marg, Sonawala Building, Shri Navneet Sharma, 022-22654791/95 022-22654779 [email protected] Commerce Fort, Mumbai -400001 Branch Manager; 022-22654797 0V1HKD2I¿FHU 022-43430710 / 022-43430701 37. 3XQMDE1DWLRQDO Capital Market Services Branch, PNB House, 6K..XPDU5DMD Tel – 022- 22621122, 22621123, 022 – 22621124 [email protected] Bank Fort, Sir P.M.Road Mumbai 38. 3XQMDE 6LQG%DQN 5DMLQGHUD3ODFH5DMLQGUD3ODFH%DQN RPS Sandhu 011- 25825784/25711836 - [email protected] House New Delhi-110008 9911129088 39. RBL Bank Limited Techniplex – I, 9 th )ORRU2II9HHU6DYDUNDU Shashikant Sanil 022-40288193, 022-40288196, 022- 022-40288195 [email protected] Flyover, Goregaon (West), Mumbai – 400062. 40288197 40. 5DMNRW1DJDULN 1DJULN%KDYDQ1R3DUDED]DU'KHEDUEKDL Shri Yogesh Raveshiya 9427495222 (0281) 2233916/17/18 [email protected]; Sahakari Bank Ltd. 5RDG5DMNRW [email protected] 41. State Bank of Gunfoundry, Hyderabad 6UL$VKRN.XONDUQL 040-23387325 040-23387743 [email protected] Hyderabad 42. State Bank of Anakatchery Buildings, Y M C A Road, Statue, P. P. Muraleedharan 0471-2333676 0471-2338134 [email protected] Travencore Thiruvananthapuram-695001 43. 69&&R2SHUDWLYH%DQN/WG Unit No.601-602-603 Dosti Pinnacle Plot No. E-7, Road No.22, Mr. Omkar Anil Sukhathankar (O) 71991460 71991461 71991462 - [email protected] Wagle Estate, Thane 400604 71991463 71991465 44. State Bank of Financial Super Market Branch, Apex Mall, 6KUL1.&KDQGDN 0141-27444159413398505 0141-2744457 VEEM#VEEM Bikaner & Jaipur Tonk Road, Jaipur FRLQQNFKDQGDN#VEEMFRLQ 45. State Bank of India State Bank of India, Capital Market Ms. Raviti Telephone:022-22094932 022-22094921 [email protected] %UDQFK 9LGHRFRQ+HULWDJH Mobile:9870498689 %XLOGLQJ .LOOLFN+RXVH &KDUDQMLW5DL0DUJ Fort, Mumbai – 400 001. 46. Standard Chartered &UHVFHQ]RUG)ORRU& *%ORFN Rohan Ganpule 022 - 61157250 / 022 - 61157234 022 -26757358 [email protected] Bank 2SSRVLWH0&$&OXE%DQGUD.XUOD&RPSOH[ Bandra [East], Mumbai 400-051 47. Syndicate Bank Capital Market Service Branch, 26A, First P Padmavathy Sundaram, 022-22621844 022-22700997 [email protected]/ Floor, Syndicate Building, P.M. Road, Fort, Chief Manager [email protected] Mumbai. 48. South Indian Bank ASBA Cell (NODAL OFFICE) 2nd Floor, -RKQ.0HFKHU\ 9645817905 0484-2351923 [email protected] 6KDQX7RZHUV1RUWK.DODPDVVHU\ (UQDNXODP.HUDOD 49. State Bank of Patiala CO 99-102, Sector - 8C, Chandigarh 6KUL$PDUMLW6LQJK*LUQ 0172-2779116, 2546124, 0172-2546080 [email protected] 254386809779586096 50. State Bank of Mysore P. B. No. 1066. # 24/28, Cama Building, Dalal Shailendra kumar 7208048007022- 22678041 022-22656346 [email protected]@ Street, Fort, Mumbai -400 001 sbm.co.in 51. The Federal Bank ASBA CELL, Retail Business Dept., Federal Dhanya Dominic 0484-2201847 4842385605 [email protected]@ Limited Bank, Marine Drive, Ernakulam 682031 IHGHUDOEDQNFRLQUL\DMDFRE# federalbank.co.in 52. Tamilnad Mercantile Tamilnad Mercantile Bank Ltd.,Depository 0U15DMDVHJDUDQ 044-26192552 044-26204174 [email protected] Bank Ltd. Participant Services Cellthird Floor, Plot No.4923, Ac/16,2nd Avenue, Anna Nagar (West),Chennai - 600 040, Tamilnadu, India 53. 7KH-DPPX .DVKPLU 79 A, Mehta House, Bombay Samachar Marg, Ashfaq Ahmad 9987984105, 022-66595971 022-6634183 ERPED\#MNEPDLOFRP Bank Ltd. Fort, Mumbai - 400 023. 54. 7KH.DOXSXU .DOXSXU%DQN%KDYDQ1U,QFRPH7D[&LUFOH -D\93DWKDN0DQDJHU 079-27582028 079-27544666 MD\#NDOXSXUEDQNFRP Commercial Co- Ashram Road, Ahmedabad-380 014 Operative Bank Ltd. 55. 7KH/DNVKPL9LODV Bharat House, Ground Floor, 104, Bombay S Ramanan 022-22672255-22672247(M)- 022-22670267 [email protected] Bank Ltd. Samachar Marg, Fort Mumbai - 400 001. 22673435(CM) 56. The Surat Peoples &HQWUDO2I¿FH9DVXGKDUD%KDYDQ Mr. Iqbal Shaikh 0261-2464577 0261-2464577,592 [email protected] Co-op Bank Ltd Timaliyawad, Nanpura, Surat – 395001 57. The Saraswat Co- Madhushree, Plot No. 85, District Business 0U$MLW%DEDML6DWDP 022-27884161 27884162 27884163 022-27884153 [email protected] operative Bank Ltd. &HQWUH6HFWRU±9DVKL1DYL0XPEDL± 27884164 58. TJSB Sahakari Bank Ltd 2nd Floor, Madhukar Bhavan, Road No.16, Wagle Estate Department Head 022-25838525/530/520 WMVEDVED#WMVEFRLQ 59. The Ahmedabad Mercantile +HDGRI¿FH ³$PFR+RXVH´1U6WDGLXP&LUFOH1DYUDQJSXUD Bimal P Chokshi 079-26426582-84-88 079-26564863 [email protected] Co-Op. Bank Ltd. Ahmedabad-09 60. Union Bank of India MUMBAI SAMACHAR MARG,66/80, Mr. D B JAISWAR 022-22629408 022- 22676685 MDLVZDU#XQLRQEDQNR¿QGLDFRP Mumbai Samachar Marg, Post Bag No.253 & 518, Fort, Mumbai - 400023. 61. UCO Bank Mumbai Main (Retail) Br., UCO Bank Bldg., Manager 022 40180117 022-2222870754 [email protected] D. N. Road, Mumbai- 400 023 9022457840 62. United Bank of India &HQWUDOL]HG3D\PHQW+XEWK)ORRU8QLWHG%DQNRI,QGLD CM (Operation and Services) 033 22624174 - amitabhr@unitedbank. 8QLWHG7RZHU+HDG2I¿FH+HPDQWD%DVX6DUDQL.RONDWD co.incmshub@unitedbank. – 700 001. [email protected] [email protected] [email protected] EULMHVKU#XQLWHGEDQNFRLQ [email protected] [email protected] 63. 9LMD\D%DQN +HDG2I¿FH%OGJ0*5RDG%DQJDORUH Branch Manager 080-25584385 080-25584281 ban.trinitycircle1331@ 9,-$<$%$1.FRLQ 64. Yes Bank Ltd. YES Bank Limited, Indiabulls Finance Centre, Alok Srivastava / 022 3347 7374/ 7259/ 7251 022 24214504 [email protected] Tower -II , 8th Floor, Senapati Bapat Marg, 6KDQNDU9LFKDUH Elphinstone Road, Mumbai – 400 013. Avinash Pawar ASBA Applicants may approach any of the above banks for submitting their application in the issue. For the complete list of SCSBs and their Designated Branches please refer to the website of SEBI https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=34. A list of SCSBs is also displayed on the website of BSE at www. bseindia.com. 40 TATA CAPITAL FINANCIAL SERVICES LIMITED