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EIH Ltd Capital/Financing Update 2020

Sep 29, 2020

60730_rns_2020-09-29_9e88a71c-1608-4e76-a10f-fdb14ff851d4.pdf

Capital/Financing Update

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CIN:L55101WB1949PLC017981

CORPORATE OFFICE: 7 SHAM NATH MARG, DELHI -110054, INDIA / TELEPHONE: +91-11-23890505/ WEBSITE: WWW.EIHLTD.COM

29th September, 2020

TheNationalStock BSE Limited TheCalcuttaStock
Exchange of India Limited Corporate Relationship Dept. Exchange Limited
Exchange Plaza, 5th Floor st Floor,New Trading Ring1 7,Lyons Range
Plot NoC/1, G Block Rotunda Building Kolkata-700001
Bandra Kurla Complex Phiroze Jeejeebhoy Towers
Bandra(E) Dalal Street,Fort
Mumbai – 400 051. Mumbai-400001
Code: EIHOTEL Code:500840
Code:05

Sub: Newspaper Advertisment Regarding Opening of Rights Issue

Dear Sir / Madam

With reference to our intimations regarding raising of funds through Rights Issue and opening of issue on 29th September 2020,

Advertisement regardging opening of Rights Issue was published in the following newspapers on 29th September, 2020:

  • Business Standard (English All editions)
  • Business Standard (Hindi All editions), and
  • Ei Samay (Bengali Kolkata) (Bengali being the regional language of Kolkata, where the Company's registered office is situated).

We request you to take the above on record.

Thanking you

Yours faithfully For EIH Limited

SN Sridhar Company Secretary

This is only an advertisement for information purposes and for publication, distribution or release directly or indirectly outside India. This is not an announcement for the offer document. All capitalized terms used and not defined herein shall have the meaning assigned to them in the Letter of Offer dated September 21,2020 (the"Letter of Offer" or the"LoF" filed with stock exchanges namely BSE Limited ("BSE"), The Calcutta Stock Exchange Limited ("CSE") and National Stock Exchange of India Limited ("NSE" and together with BSE and CSE, "Stock Exchanges") and Securities Exchange Board of India ("SEBf).

EIH Limited ("Our Company") was incorporated as 'The East India Hotels Limited' on May 26,1949, at Kolkata, as a public limited company under the Companies Act, 1913. The name of our Company was changed to 'EIH Limited'with effect from November 1,1996. For details of changes in our name and the registered office of our Company, see "History and Other Corporate Matters" on page 85 of the Letter of Offer.

Registered Office: 4 Mangoe Lane, Kolkata 700 001, West Bengal, India; Telephone: +91 33 4000 2200 | Corporate Office: 7 Sham Nath Marg, Delhi 110 054, India; Telephone: +91 11 2389 0505

Contac t Person: S.N. Sridhar, Company Secretary and Compliance Officer; E-mail: [email protected]; Website: www.eihltd.com; Corporate Identity Number: L55101WB1949PLC017981 PROMOTERS OF OU R COMPANY: PRITHVI RAJ SINGH OBEROI, SHIB SANKER MUKHERJI, VIKRAMJIT SINGH OBEROI, ARJUN SINGH OBEROI, DEEPAK MADHOK, ARAVALI POLYMERS LLP, BOMBAY PLAZA PRIVATE LIMITED, OBEROI BUILDINGS AND INVESTMENTS PRIVATE LIMITED, OBEROI HOLDINGS PRIVATE LIMITED, OBEROI HOTELS PRIVATE LIMITED, OBEROI INVESTMENTS PRIVATE LIMITED, OBEROI LEASING AND FINANCE COMPANY PRIVATE LIMITED, OBEROI PLAZA PRIVATE LIMITED AND OBEROI PROPERTIES PRIVATE LIMITED

| FOR PRIVATE CIRCULATION TO THE ELIGIBLE EQUITY SHAREHOLDERS OF EIH LIMITED |

ISSUE OF UP TO 53,794,768* EQUITY SHARES OF FACE VALU E OF ? 2 EAC H OF OU R COMPAN Y (THE "RIGHTS EQUITY SHARES") FOR CAS H AT A PRICE OF ? 65 PER RIGHTS EQUITY SHAR E (INCLUDING A PREMIUM OF ? 63 PER RIGHTS EQUITY SHARE) OF OU R COMPAN Y FOR A N AMOUN T AGGREGATING UP TO ? 3,496,659,920* ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDER S OF OU R COMPAN Y IN THE RATIO OF 8 RIGHTS EQUITY SHARES FOR EVERY 85 FULLY PAID-UP EQUITY SHARE(S) HEL D BY THE EXISTING ELIGIBLE EQUITY SHAREHOLDER S ON TH E RECOR D DATE, THAT IS ON SEPTEMBE R 23, 2020 (THE "ISSUE"). FOR FURTHER DETAILS, SEE "TERMS OF THE ISSUE" ON PAGE 119 OF THE LETTER OF OFFER. *Assuming full subscription in the Issue

RIGHTS ISSUE OPENS TODAY

LAST DATE FOR ON MARKET RENUNCIATIONS*": THURSDAY, OCTOBER 08, 2020 J f ISSUE CLOSES ON*: TUESDAY, OCTOBER 13, 2020 J

*Pursuant to the Streamlining of Rights Issue Circular, SEBI has introduced the concept of credit of Rights Entitlements into the demat accounts of the Eligible Equity Shareholders, which can be renounced by them by way of On Market Renunciation or Off Market renunciation. The credit of Rights Entitlements and Allotment of Rights Equity Shares shall be made only in dematerialized form. Further, due to the COVID-2019 pandemic, pursuant to the SEBI Rights Issue Circulars, SEBI has introduced certain relaxations for rights issues which will open prior to December 31, 2020. Investors are encouraged to carefully follow all the necessary requirements under the SEBI Rights Issue Circulars and ensure completion of all necessary steps in providing/ updating their required details in a timely manner. For details, please see "Terms of the Issue" on page 119 of the Letter of Offer.

A Eligible Equity Shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the Rights Entitlements are credited to the demat account of the Renouncees on or prior to the Issue Closing Date. # Our Board or a duly authorized committee thereof will have the right to extend the Issue period as it may determine from time to time but not exceeding 30 (thirty) days from the Issue Opening Date (inclusive of the Issue Opening Date). Further, no withdrawal of Application shall be permitted by any Applicant after the Issue Closing Date.

ASBA Simple, Safe, Smart way of making an application - Make use of it

•Application supported by block amount (ASBA) is a better way of applying to issues by simply blocking the fund in the bank account, for further details check section on ASBA below

Facilities fo r Applicatio n in th e Issue:

In accordance with Regulation 76 of the SEBI ICDR Regulations, the SEBI Rights Issue Circulars and the ASBA Circulars, all Investors desiring to make an Application in the Issue are mandatorily required to use either the ASBA process or the Registrar's web-based application platform ("R-WAP") (instituted only for resident Investors in the Issue, in the event the Investors are not able to utilize the ASBA facility for making an Application despite their best efforts). Investors should carefully read the provisions applicable to such Applications before making their Application through ASBA or using the R-WAP. For details, see"- Procedure for Application through the ASBA Process" and"- Procedure for Application through the R-WAP' on pages 131 and 132 of the Letter of Offer respectively.

(i) ASBA Facility

Investors can submit either the Application Form in physical mode to the Designated Branch of the SCSBs or online/electronic Application through the website of the SCSBs (if made available by such SCSB) authorizing the SCSB to block the Application Money in an ASBA Account maintained with the SCSB. Application through ASBA facility in electronic mode will only be available with such SCSBs who provide such facility.

Investors should note that the ASBA process involves procedures that are different from the procedure under the R-WAP process. Investors applying through the ASBA facility should carefully read the provisions applicable to such Applications before making their Application through the ASBA process. For details, see"- Procedure tor Application through the ASBA Process on page 131 of the Letter of Offer.

Please note that subject to SCSBs complying with the requirements of SEBI Circular CIR/CFD/DIL/13/2012 dated September 25,2012, within the periods stipulated therein, Applications may be submitted at the Designated Branches of the SCSBs. Further, in terms of the SEBI Circular CIR/CFD/DIL/1/2013 dated January 2,2013, it is clarified that for making Applications by SCSBs on their own account using ASBA facility, each such SCSB should have a separate account in its own name with any other SEBI registered SCSB(s). Such account shall be used solely for the purpose of making an Application in the Issue and clear demarcated funds should be available in such account for such an Application.

(ii) Registrar's Web based Application Platform

In accordance with SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6,2020, read with SEBI circular SEBI/H0/CFD/DIL1/CIR/P/2020/136 dated July 24,2020, a separate web based application platform, i.e., the R-WAP facility (accessible at https://rights.kfintech.com), has been instituted for making an Application in the Issue by resident Investors. Further, R-WAP is only an additional option and not a replacement of the ASBA process. At the R-WAP, resident Investors can access and submit the online Application Form in electronic mode using the R-WAP and make online payment using their internet banking or UPI facility from their own bank account thereat.

PLEASE NOTE THAT ONLY RESIDENT INVESTORS CAN SUBMIT AN APPLICATION USING THE R-WAP. R-WAP FACILITY WILL BE OPERATIONAL FROM THE ISSUE OPENING DATE. FOR RISKS ASSOCIATED WITH THE R-WAP PROCESS, SEE "RISK FACTORS - THE R-WAP PAYMENT MECHANISM FACILITY PROPOSED TO BE USED FOR THE ISSUE MAY BE EXPOSED TO RISKS, INCLUDING RISKS ASSOCIATED WITH PAYMENT GATEWAYS" ON PAGE 44 OF THE LETTER OF OFFER.

For guidance on the Application Process through R-WAP and resolution of difficulties faced by Investors, the Investors are advised to carefully read the frequently asked questions, visit online/electronic dedicated investor helpdesk (https:/rights.kfintech.com) or call helpline number (1800 345 4001/+91 40 7961 5130). For details, see "Terms of the Issue - Procedure for Application through the R-WAP' on page 132 of the Letter of Offer.

Application by Eligible Equity Shareholders holding Equity Shares in physical form:

In accordance with the SEBI Rights Issue Circulars, (a) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date; or (b) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date and who have not furnished the details of their demat account to the Registrar or our Company at least two Working Days prior to the Issue Closing Date, desirous of subscribing to Rights Equity Shares may also apply in the Issue during the Issue Period. Application by such Eligible Equity Shareholders is subject to following conditions:

(i) the Eligible Equity Shareholders apply only through R-WAP; (ii) the Eligible Equity Shareholders are residents; (iii) the Eligible Equity Shareholders are not making payment from non-resident account; (iv) the Eligible Equity Shareholders shall not be able to renounce their Rights Entitlements; and (v) the Eligible Equity Shareholders shall receive Rights Equity Shares, in respect of their Application, only in demat mode.

Accordingly, such resident Eligible Equity Shareholders are required to, within 6 (six) months from the Allotment Date, send a communication to our Company or the Registrar containing the name(s), Indian address, email address, contact details and the details of their demat account along with a copy of their self-attested PAN and self-attested client master sheet of their demat account either by post, speed post, courier, electronic mail or hand delivery, to enable process of credit of Rights Equity Shares in such demat account.

Such resident Eligible Equity Shareholders must check the procedure for Application by and credit of Rights Equity Shares in"- Procedure for Application by Eligible Equity Shareholders holding Equity Shares in physical form" and"- Credit and Transfer of Rights Equity Shares in case of Shareholders holding Equity Shares in Physical Form and disposal of Rights Equity Shares for non-receipt of demat account details in a timely manner" on pages 137 and 147, respectively.

APPLICATION SUPPORTED BY BLOCK AMOUNT (ASBA): An Investor, wishing to participate in the Issue through the ASBA facility, is required to have an ASBAenabled bank account with an SCSB, prior to making the Application. Investors can submit either the Application Form in physical mode to the Designated Branch of the SCSBs or online/electronic Application through the website of the SCSBs (if made available by such SCSB) authorizing the SCSB to block the Application Money payable on the Application in their respective ASBAAccounts with respective SCSBs. Investors should ensure that they have correctly submitted the Application Form, or have provided an authorisation to the SCSB, via the electronic mode, for blocking funds in the ASBA Account equivalent to the Application Money mentioned in the Application Form, as the case may be, at the time of submission of the Application.

For the list of banks which have been notified by SEBI to act as SCSBs for the ASBA process, please refer to https://www.sebi.qov.in/sebiweb/other/OtherAction. do?doRecoonisedFpryes&intmld=34. For details on Designated branches of SCSBs collecting Application form, please refer the above-mentioned link.

ELIGIBLE EQUITY SHAREHOLDERS UNDER THE ASBA PROCESS MAY PLEASE NOTE THAT THE RIGHTS EQUITY SHARES UNDER THE ASBA PROCESS CAN BE ALLOTTED ONLY IN DEMATERIALIZED FORM AND IN THE SAME DEPOSITORY ACCOUNT IN WHICH THE EQUITY SHARES ARE HELD BY SUCH ASBA APPLICANT ON THE RECORD DATE.

APPLICATION ON PLAIN PAPER UNDER ASBA PROCESS: An Eligible Equity Shareholder who is eligible to apply under the ASBA process may make an Application to subscribe to the Issue on plain paper. An Eligible Equity Shareholder shall submit the plain paper Application to the Designated Branch of the SCSB for authorising such SCSB to block Application Money in the said bank account maintained with the same SCSB. Applications on plain paper will not be accepted from any address outside India. Please note that the Eligible Equity Shareholders who are making the Application on plain paper shall not be entitled to renounce their Rights Entitlements and should not

utilize the Application Form for any purpose including renunciation even if it is received subsequently.

PLEASE NOTE THAT APPLICATION ON PLAIN PAPER CANNOT BE SUBMITTED THROUGH RWAP.

The application on plain paper, duly signed by the Eligible Equity Shareholder including joint holders, in the same order and as per specimen recorded with his bank, must reach the office of the Designated Branch of the SCSB before the Issue Closing Date and should contain the following particulars:

  1. Name of our Company being EIH Limited; 2. Name and address of the Eligible Equity Shareholder including joint holders (in the same order and as per specimen recorded with our Company or the Depository); 3. Registered Folio Number/DP and Client ID No.; 4. Number of Equity Shares held as on Record Date; 5. Allotment option only dematerialised form; 6. Number of Rights Equity Shares entitled to; 7. Number of Rights Equity Shares applied for within the Rights Entitlements; 8. Number of additional Rights Equity Shares applied for, if any; 9. Total number of Rights Equity Shares applied for; 10. Total amount paid at the rate of? 65 per Rights Equity Share; 11. Details of the ASBAAccount such as the account number, name, address and branch of the relevant SCSB; 12. In case of NR Eligible Equity Shareholders making an application with an Indian address, details of the NRE/FCNR/NRO Account such as the account number, name, address and branch of the SCSB with which the account is maintained; 13. Except for Applications on behalf of the Central or State Government, the residents of Sikkim and the officials appointed by the courts, PAN of the Eligible Equity Shareholder and for each Eligible Equity Shareholder in case of joint names, irrespective of the total value of the Rights Equity Shares applied for pursuant to the Issue; 14. Authorisation to the Designated Branch of the SCSB to block an amount equivalent to the Application Money in the ASBAAccount; 15. Signature of the Eligible Equity Shareholder (in case of joint holders, to appear in the same sequence and order as they appear in the records of the SCSB); and 16. In addition, all such Eligible Equity Shareholders are deemed to have accepted the following: "I/We understand that neither the Rights Entitlements nor the Rights Equity Shares have been, or will be, registered under the U.S. SecuritiesActof1933, as amended (the "U.S. Securities Act), or any United States state securities laws, and may not be offered, sold, resold or otherwise transferred within the United States or to the territories or possessions thereof (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. I/we understand the Rights Equity Shares and the Rights Entitlements referred to in this application are being offered and sold in offshore transactions outside the United States in compliance with Regulation S under the U. S. Securities Act ("Regulation S") to existing shareholders located in jurisdictions where such offer and sale of the Rights Equity Shares and/or Rights Entitlements are pemnitted under laws of such jurisdictions. I/we understand that the Issue is not, and under no circumstances is to be consbued as, an offering of any Rights Equity Shares or Rights Entitlements for sale in the United States, or as a solicitation therein of an offer to buy or transfer any of the said Rights Equity Shares or Rights Entitlements in the United States. I/we confirm that I am/we are (a) not in the United States and eligible to subscribe for the Rights Equity Shares under applicable securities laws, (b) complying with laws of jurisdictions applicable to such person in connection with the Issue, and (c) understand that neither the Company, nor the Registrar, the Lead Manager or any other person acb'rrg on behalf of the Company will accept subscriptions from any person, or the agent of any person, who appears to be, or who the Company, the Registrar, the Lead Manager or any other person acting on behalf of the Company have reason to believe is in the United States or is outside of India and ineligible to participate in this Issue under the securities laws of their jurisdiction.

I/We will not offer, sell or otherwise transfer any of the Rights Equity Shares which may be acquired by us in any jurisdiction or under any circumstances in which such offer or sale is not authorized or to any person to whom it is unlawful to make such offer, sale or invitation. I/We satisfy, and each account for which l/we are acting satisfies, (a) all suitability standards for investors in investments of the type subscribed for herein imposed by the jurisdiction of my/our residence, and (b) is eligible to subscribe and is subscribing for the Rights Equity Shares and Rights Entitlements in compliance with applicable securities and other laws of my/our jurisdiction of residence,

l/we hereby make the representations, wanenties, acknowledgments and agreements set forth in the section of the Letter of Offer titled "Restrictions on Purchases and Resales" on page 156 of the Letter of Offer.

I/We understand and agree that the Rights Entitlements and Rights Equity Shares may not be reoffered, resold, pledged or otherwise transferred except in an offshore transaction in compliance with Regulation S, or otherwise pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. I/We acknowledge that we, the Lead Manager, its affiliates and others will rely upon the tnjth and accuracy of the foregoing representatbns and agreements."

In cases where multiple Application Forms are submitted for Applications pertaining to Rights Entitlements credited to the same demat account or in demat suspense escrow account, including cases where an Investor submits Application Forms along with a plain paper Application, such Applications shall be liable to be rejected.

Investors are requested to strictly adhere to these instructions. Failure to do so could result in an Application being rejected, with our Company, the Lead Manager and the Registrar not having any liability to the Investor. The plain paper Application format will be available on the website of the Registrar at https://riqhts.kfintech.com.

Our Company, the Lead Manager and the Registrar shall not be responsible if the Applications are not uploaded by SCSB or funds are not blocked in the Investors' ASBA Accounts on or before the Issue Closing Date.

OVERSEAS SHAREHOLDERS: The distribution of the Letter of Offer, the Abridged Letter of Offer, the Application Form, the Rights Entitlement Letter, any other offering material and the issue of Rights Entitlements and the Rights Equity Shares on a rights basis to persons in certain jurisdictions outside India is restricted by legal requirements prevailing in those jurisdictions. Persons into whose possession the Letter of Offer, the Abridged Letter of Offer, the Application Form or the Rights Entitlement Letter may come are required to inform themselves about and observe such restrictions. For details, see "Restrictions on Purchases and Resales" on page 156 of the Letter of Offer.

Our Company is making the Issue on a rights basis to the Eligible Equity Shareholders and will dispatch the Abridged Letter of Offer, the Application Form and other applicable Issue material primarily to email addresses of Eligible Equity Shareholders who have provided an Indian address to our Company. Those overseas shareholders who do not update our records with their Indian address or the address of their duly authorised representative in India, prior to the date on which we propose to e-mail or send a physical copy of the Letter of Offer, the Abridged Letter of Offer, the Application Form and other applicable Issue materials shall not be sent the Letter of Offer, the Abridged Letter of Offer, the Application Form and other applicable Issue materials. Further, the Letter of Offer will be provided, primarily through email, by the Registrar on behalf of our Company or the Lead Manager to the Eligible Equity Shareholders who have provided their Indian addresses to our Company and who make a request in this regard. Investors can also access the Letter of Offer, the Abridged Letter of Offer and the Application Form from the websites of the Registrar, our Company, the Lead Manager, and the Stock Exchanges, and on RWAP.

NO OFFER IN UNITED STATES: THE RIGHTS ENTITLEMENTS AND THE RIGHTS EQUITY SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT, OR ANY U.S. STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, RESOLD OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES, EXCEPT IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT. THE RIGHTS ENTITLEMENTS AND RIGHTS EQUITY SHARES REFERRED TO IN THE LETTER OF OFFER ARE BEING OFFERED AND SOLD IN OFFSHORE TRANSACTIONS OUTSIDE THE UNITED STATES IN COMPLIANCE WITH REGULATION S TO EXISTING SHAREHOLDERS LOCATED IN JURISDICTIONS WHERE SUCH OFFER AND SALE OF THE RIGHTS EQUITY SHARES AND/OR RIGHTS ENTITLEMENTS ARE PERMITTED UNDER LAWS OF SUCH JURISDICTIONS. THE OFFERING TO WHICH THE LETTER OF OFFER RELATES IS NOT, AND UNDER NO CIRCUMSTANCES IS TO BE CONSTRUED AS, AN OFFERING OF ANY RIGHTS EQUITY SHARES OR RIGHTS ENTITLEMENT FOR SALE IN THE UNITED STATES OR AS A SOLICITATION THEREIN OF AN OFFER TO BUY OR TRANSFER ANY OF THE SAID SECURITIES. ACCORDINGLY, YOU SHOULD NOT FORWARD OR TRANSMIT THE LETTER OF OFFER IN OR INTO THE UNITED STATES AT ANY TIME. THE RIGHTS EQUITY SHARES AND/OR RIGHTS ENTITLEMENTS AND THE RIGHTS ENTITLEMENTS ARE NOT TRANSFERABLE EXCEPT IN ACCORDANCE WITH THE RESTRICTIONS DESCRIBED IN THE SECTION ENTITLED "RESTRICTIONS ON PURCHASES AND RESALES' ON PAGE 156 OF THE LETTER OF OFFER.

Neither our Company, nor any person acting on behalf of our Company, will accept a subscription or renunciation or purchase of the Rights Equity Shares and/or Rights Entitlements from any person, or the agent of any person, who appears to be, or who our Company, or any person acting on behalf of our Company, has reason to believe is, in the United States when the buy order is made. No Application Form should be postmarked in the United States, electronically transmitted from the United States or otherwise dispatched from the United States or from any other jurisdiction where it would be illegal to make an offer of securities under the Letter of Offer. Our Company is making the Issue on a rights basis to the Eligible Equity Shareholders and will dispatch the Letter of Offer or the Abridged Letter of Offer, the Application Form and other applicable Issue materials primarily to the e-mail addresses of the Eligible Equity Shareholders who have provided an Indian address to our Company. Any person who acquires Rights Entitlements or Rights Equity Shares will be deemed to have declared, warranted and agreed, by accepting the delivery of the Letter of Offer, that it is not and that at the time of subscribing for the Rights Equity Shares or the Rights Entitlements, it will not be, in the United States and is authorized to acquire the Rights Entitlements and the Rights Equity Shares in compliance with all applicable laws and regulations.

Any person who acquires Rights Entitlements or Rights Equity Shares will be deemed to have declared, warranted and agreed, by accepting the delivery of the Letter of Offer, that it is not, and that at the time of subscribing for the Rights Equity Shares or the Rights Entitlements, it will not be, in the United States, and is authorized to acquire the Rights Entitlements and the Rights Equity Shares in compliance with all applicable laws and regulations.

Our Company and the Lead Manager are not making, and will not make, and will not participate or otherwise be involved in any offers or sales of the Rights Entitlements, the Rights Equity Shares or any other security with respect to the Issue in the United States.

The Rights Entitlements and the Rights Equity Shares have not been approved or disapproved by the U.S. Securities and Exchange Commission (the "US SEC"), any state securities commission in the United States or any other U.S. regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the offering of the Rights Entitlements, the Rights Equity Shares or the accuracy or adequacy of the Letter of Offor. Any representation to the contrary is a criminal offence in the United States. The above information is given for the benefit of the Applicants/Investors. Our Company and the Lead Manager are not liable for any amendments or modification or changes in applicable laws or regulations, which may occur after the date of the Letter of Offer. Investors are advised to make their independent investigations and ensure that the number of Equity Shares applied for do not exceed the applicable limits under laws or regulations.

LAST DATE FOR APPLICATION: The last date for submission of the duly filled in the Application Form or a plain paper Application is Tuesday, October 13,2020 i.e., Issue Closing Date. Our Board or any committee thereof may extend the said date for such period as it may determine from time to time, subject to the Issue Period not exceeding 30 days from the Issue Opening Date (inclusive of the Issue Opening Date).

If the Application Form is not submitted with an SCSB, uploaded with the Stock Exchanges and the Application Money is not blocked with the SCSB or if the Application Form is not accepted at the R-WAP, on or before the Issue Closing Date or such date as may be extended by our Board or any committee thereof, the invitation to offer contained in the Letter of Offer shall be deemed to have been declined and our Board or any committee thereof shall be at liberty to dispose of the Rights Equity Shares hereby offered, as provided under the section, "Tenns of the Issue - Basis of Allotment beginning on page 146 of the Letter of Offer.

Please note that on the Issue Closing Date, (i) Applications through ASBA process will be uploaded until 5.00 p.m. (Indian Standard Time) or such extended time as permitted by the Stock Exchanges, and (ii) the R-WAP facility will be available until 5.00 p.m. (Indian Standard Time) or such extended time as permitted by the Stock Exchanges.

ALLOTMENT OF RIGHTS EQUITY SHARES ONLY IN DEMATERIALIZED FORM: Please note that the Rights Equity Shares applied for in the Issue can be allotted only in dematerialized form and to the same depository account in which our equity shares are held by such investor on the Record Date. In accordance with the SEBI Rights Issue Circulars, (a) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date; or (b) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date and who have not furnished the details of their demat account to the Registrar or our Company at least two Working Days prior to the Issue Closing Date, desirous of subscribing to Rights Equity Shares may also apply in the Issue during the Issue Period. Such Eligible Equity Shareholders must check the procedure for Application by and credit of Rights Equity Shares in"- Procedure for Application by Eligible Equity Shareholders holding Equity Shares in physical forrrf and"- Credit and Transfer of Rights Equity Shares in case of Shareholders holding Equity Shares in Physical Form and disposal of Rights Equity Shares for non-receipt of demat account details in a timely manner" on pages 137 and 147 of the Letter of Offer, respectively.

INVESTORS MAY PLEASE NOTE THAT EQUITY SHARES CAN BE TRADED ON THE STOCK EXCHANGES ONLY IN DEMATERIALIZED FORM.

LISTING: The existing Equity Shares are listed on the BSE, the NSE and the CSE. Our Company has received in-principle approval from the BSE, the NSE and the CSE for listing the Equity Shares proposed to be issued pursuant to the Issue pursuant to their letters dated September 15,2020, September 15,2020, and September 16,2020, respectively. Our Company will also make applications to the Stock Exchanges to obtain trading approvals for the Rights Entitlements as required under the SEBI circular bearing reference number SEBI/H0/CFD/DIL2/CIR/P/2020/13 dated January 22,2020. For the purposes of the Issue, the Designated Stock Exchange is BSE.

DISCLAIMER CLAUSE OF SEBI: It is to be distinctly understood that submission of the LoF to SEBI should not in, anyway, be deemed or construed that SEBI has cleared or approved the LoF. The investors are advised to refer to the full text of the "Disclaimer clause of SEBT beginning on page no. 110 of the LoF. DISCLAIMER CLAUSE OF BSE (DESIGNATED STOCK EXCHANGE): It is to be distinctly understood that the permission given by BSE Limited should not in any way

be deemed or construed that the Letter of Offer has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the Letter of Offer. The Investors are advised to refer to the Letter of Offer for the full text of the 'Disclaimer clause of the BSE Limited beginning on page 113 of the LoF. DISCLAIMER CLAUSE OF NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Letter of Offer has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Letter of Offor. The Investors are advised to refer to the Letter of Offor for the full text of the 'Disclaimer clause of NSE beginning on page 114 of the LoF.

DISCLAIMER CLAUSE OF CSE: It is to be distinctly understood that the permission given by CSE should not, in any way be deemed or construed that the Letter of Offer has been cleared or approved by CSE, nor does it certify the correctness or completeness of any of the contents of the Letter of Offer. The Investors are advised to refer to the Letter of Offer for the full text of the 'Disclaimer clause of the CSE beginning on page 114 of the LoF.

BANKER TO THE ISSUE/ESCROW COLLECTION BANK/REFUND BANKER: ICICI Bank Limited

DISPATCH AND AVAILABILITY ISSUE MATERIALS: In accordance with the SEBI ICDR Regulations, SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6,2020, read with SEBI circular SEBI/H0/CFD/DIL1/CIR/P/2020/136 dated July 24,2020 and the MCA Circulars, our Company will send, primarily through email, the Abridged Letter of Offer, the Application Fomn and other applicable Issue material to the email addresses of all the Eligible Equity Shareholders who have provided their Indian addresses to our Company. The Letter of Offor will be provided, primarily through email, by the Registrar on behalf of our Company or the Lead Manager to the Eligible Equity Shareholders who have provided their Indian addresses to our Company and in each case who make a request in this regard.

In the event that e-mail addresses of the Eligible Equity Shareholders are not available with the Company or the Eligible Shareholders have not provided valid e-mail addresses to the Company, our Company will dispatch the Letter of Offor, Abridged Letter of Offer, Application Form and other applicable Issue materials by way of physical delivery as per the applicable laws to those Eligible Equity Shareholders who have provided their Indian address.

In accordance with the above, the dispatch of the Abridged Letter of Offer, the Rights Entitlement Letter along with the Application Form has been completed in electronic form through e-mail and physically through Speed/Registered Post on September 25,2020 by the Registrar to the Issue.

Eligible Equity Shareholders can obtain the details of their respective Rights Entitlements from the website of the Registrar (i.e., https://rights.kfintech.com) by entering their DP ID and Client ID or Folio Number (in case of Eligible Equity Shareholders holding Equity Shares in physical form) and PAN. The link for the same shall also be available on the website of our Company (i.e., www.eihltd.com).

Further, our Company along with the Lead Manager will undertake all adequate steps to reach out the Eligible Equity Shareholders who have provided their Indian address through other means, as may be feasible. In light of the current COVID-19 situation, our Company, the Lead Manager and the Registrar will not be liable for non-dispatch of physical copies of Issue materials, including the Letter of Offor, the Abridged Letter of Offer, the Rights Entitlement Letter and the Application Form.

Investors can access the Letter of Offer, the Abridged Letter of Offer and the Application Form (provided that the Eligible Equity Shareholder is eligible to subscribe for the Rights Equity Shares under applicable securities laws) on the websites of: (i) our Company at www.eihltd.com; (ii) the Registrar at https://rights.kfintech.com; (iii) the Lead Manager, i.e., Ambit Capital Private Limited at www.ambit.co; (iv) the Stock Exchanges at www.bseindia.com and www.nseindia.com; and (v) the Registrars web-based application platform at https://rights.kfintech.com.

Please note that neither our Company nor the Registrar nor the Lead Manager shall be responsible for non-dispatch of physical copies of Issue materials, including the Letter of Offer, the Abridged Letter of Offer, the Rights Entitlement Letter and the Application Form or delay in the receipt of the Letter of Offer, the Abridged Letter of Offer, the Rights Entitlement Letter or the Application Form attributable to non-availability of the e-mail addresses of Eligible Equity Shareholders or electronic transmission delays or failures, or if the Application Forms or the Rights Entitlement Letters are delayed or misplaced in the transit.

OTHER IMPORTANT LINKS AND HELPLINE

The Investors can visit following links for the below mentioned purposes:

  • a) Frequently asked questions and online/electronic dedicated investor helpdesk for guidance on the application process and resolution of difficulties faced by Investors: https://rights.kfintech.com
  • b) Updation on Indian address/email address/mobile number in records maintained by the Registrar or our Company: https://rights.kfintech.com
  • c) Updation of demat account details by Eligible Equity Shareholders holding shares in physical form: https://rights.kfintech.com
  • d) Submission of self-attested PAN, client master sheet and demat details by non-resident Eligible Equity Shareholders: [email protected]
LEA D MANAGE R TO THE ISSUE REGISTRAR TO THE ISSUE COMPAN Y SECRETARY AN D COMPLIANC E OFFICER
AMBIT CAPITAL PRIVATE LIMITEDAmbit House, 449 Senapati Bapat Marg,Lower Parel, Mumbai 400 013,Maharashtra, India— • :AMBfTTelephone: +91 22 6623 3000E-mail: [email protected]Acumen at workWebsite: www.ambit.coInvestor Grievance E-mail: [email protected]Contact Person: Miraj SampatSEBI Registration No: INM000012379 ALFINTECH KFIN TECHNOLOGIES PRIVATE LIMITED(formerly known as "Karvy Fintech Private Limited)Selenium, Tower B, Plot No- 31 and 32, Financial District, Nanakramguda,Serilingampally, Hyderabad, Rangareddi 500 032, Telangana, India.Telephone: +91 40 6716 2222,Toll Free Number: 18004258998, 18003454001Email: [email protected]Investor Grievance E-mail: [email protected]Website: www.kfintech.comContact Person: M. Murali KrishnaSEBI Registration No: INR000000221 Mr. S.N. SridharEIH LIMITEDRegistered Office: 4 Mangoe Lane, Kolkata 700 001,West Bengal, India;Telephone: +91 33 4000 2200Corporate Office: 7 Sham Nath Marg, Delhi 110 054, India;Telephone: +91 11 2389 0505E-Mail: [email protected]
Investors may contact the Registrar or our Company Secretary and Compliance Officer for any pre-lssue or post-Issue related matter. All grievances relating to the ASBA process or R-WAP process may be addressed to the Registrar, with a copy to the SCSBs (in case of ASBA process), giving full details such asname, address of the Applicant, contact number(s), e-mail address of the sole/first holder, folio number or demat account number, number of Rights Equity Shares applied for, amount blocked (in case of ASBA process) or amount debited (in case of R-WAP process), ASBAAccount number and the Designated

Branch of the SCSBs where the Application Form or the plain paper application, as the case may be, was submitted by the Investors along with a photocopy of the acknowledgement slip (in case of ASBA process), and copy of the e-acknowledgement (in case of R-WAP process). On behalf of Board of Directors For EIH Limited

Place: Delhi S N Sridhar

Date : September 28,2020 Company Secretary and Compliance Officer

EIH Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to undertake a rights issue of its Equity Shares and has in this regard filed a Letter of Offer dated September 21,2020 with SEBI and the Stock Exchanges. The LoF is available on the website of SEBI, BSE and NSE at www.sebi.gov.in,[www.nseindia.com a](http://www.nseindia.com)nd www.bseindia.com, respectively, as well as on the website of Lead Manager to the Issue i.e. Ambit Capital Private Limited at www.ambit.co and on the R-WAP. Any potential Investors should note that that investment in equity shares involves a degree of risk and for details relating to such risk, please see section titled "Risk Factors" beginning on page 19 of the LoF.

The Rights Entitlement and the Rights Equity Shares have not been and will not be registered under the US Securities Act or any state securities laws in the United States, and may not be offered, sold, resold or otherwise transferred within the United States, except in a transaction exempt from the registration requirements of the US Securities Act. Accordingly, the Rights Entitlements and Rights Equity Shares are being offered and sold in 'offshore transactions' outside the United States in compliance with Regulation S under the US Securities Act to existing shareholders located in jurisdictions where such offer and sale of the Rights Equity Shares and/or Rights Entitlements is permitted under laws of such jurisdiction. There will be no public offering in the United States.

This is only an advertisement for information purposes and for publication, distribution or release directly or indirectly outside India. This is not an announcement for the offer document. All capitalized terms used and n September 21, 2020 (the "Letter of Offer" or the "LoF" filed with stock exchanges namely BSE Limited ("BSE"), The Calculta Stock Exchange Limited ("CSE") and National Stock Exchange of India Limited ("NSE" and together wit

EIH Limited MEMBER OF THE OBEROI GROUI EIH LIMITED

EIH Limited ("Our Company") was incorporated as 'The East India Hotels Limited' on May 26, 1949, at Kolkata, as a public limited company under the Companies Act, 1913. The name of our Company was changed to 'EIH Limited' w For details of changes in our name and the registered office of our Company, see "History and Other Corporate Matters" on page 85 of the Letter of Offer.

Registered Office: 4 Mangoe Lane, Kolkata 700 001, West Bengal, India; Telephone: +91 33 4000 2200 | Corporate Office: 7 Sham Nath Marg, Delhi 110 054, India; Telephone: +91 11 2389 0505Contact Person: S.N. Sridhar, Compa

PROMOTERS OF OUR COMPANY: PRITHVI RAJ SINGH OBEROI, SHIB SANKER MUKHERJI, VIKRAMJIT SINGH OBEROI, ARJUN SINGH OBEROI, DEEPAK MADHOK, ARAVALI POLYMERS LLP,BOMBAY PLAZA PRIVATE LIMITED, OBEROI BUILDINGS AND INVESTMENTS PRIV

FOR PRIVATE CIRCULATION TO THE ELIGIBLE EQUITY SHAREHOLDERS OF EIH LIMITED

ISSUE OF UP TO 53,794,768* EQUITY SHARES OF FACE VALUE OF ₹ 2 EACH OF OUR COMPANY (THE "RIGHTS EQUITY SHARES") FOR CASH AT A PRICE OF ₹ 65 PER RIGHTS EQUITY SHARE (INCLUDING A PREMIUM OF ₹ 63 PER RIGHTS EQUITY SHARE) OF OUR COMPANY FOR AN AMOUNT AGGREGATING UP TO ₹ 3,496,659,920* ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 8 RIGHTS EQUITY SHARES FOR EVERY 85 FULLY PAID-UP EQUITY SHARE(S) HELD BY THE EXISTING ELIGIBLE EQUITY SHAREHOLDERS ON THE RECORD DATE, THAT IS ON SEPTEMBER 23, 2020 (THE "ISSUE"). FOR FURTHER DETAILS, SEE "TERMS OF THE ISSUE" ON PAGE 119 OF THE LETTER OF OFFER. *Assuming full subscription in the Issue

RIGHTS ISSUE OPENS TODAY

LAST DATE FOR ON MARKET RENUNCIATIONS*^: THURSDAY, OCTOBER 08, 2020

ISSUE CLOSES ON*: TUESDAY, OCTOBER 13, 2020

*Pursuant to the Streamlining of Rights Issue Circular, SEBI has introduced the concept of credit of Rights Entitlements into the demat accounts of the Eligible Equity Shareholders, which can be renounced by them by way of

Eligible Equity Shareholders are requested to ensure that renunciation through off-market transfer is completed in such a manner that the Rights Entitlements are credited to the demat account of the Renouncees on or prior # Our Board or a duly authorized committee thereof will have the right to extend the Issue period as it may determine from time to time but not exceeding 30 (thirty) days from the Issue Opening Date (inclusive of the Issue shall be permitted by any Applicant after the Issue Closing Date.

ASBA*

Simple, Safe, Smart way of making an application - Make use of it

*Application supported by block amount (ASBA) is a better way of applying to issues by simply blocking the fund in the bank account, for further details check section on ASBA below

Facilities for Application in the Issue

The ISSUE.In accordance with Regulation To the SEBI Rights Issue Circulars and the ASBA Circulars, all Investors desiring to make an ApplicationIn accordance with Regulation 76 of the SEBI Rights Issue Circulars and the

ASBA Facility

Investors can submit either the Application Form in physical mode to the Designated Branch of the SCSBs or online/electronic Application through the website of the SCSBs (if made available by such SCSB) authorizing the SCSB to block the Application Money in an ASBA Account maintained with the SCSB. Application through ASBA facility in electronic mode will only be available with such SCSBs who provide such facility.

Investors should note that the ASBA process involves procedures that are different from the procedure under the R-WAP process. Investors applying through the ASBA facility should carefully read the provisions applicable to such Applications before making their Application through the ASBA process. For details, see "- Procedure for Application through the ASBA Process" on page 131 of the Letter of Offer.

Please note that subject to SCSBs complying with the requirements of SEBI Circular CIR/CFD/DIL/13/2012 dated September 25, 2012, within the periods stipulated therein, Applications may be submitted at the Designated Branch registered SCSB(s). Such account shall be used solely for the purpose of making an Application in the Issue and clear demarcated funds should be available in such account for such an Application

Registrar's Web based Application Platform

In accordance with SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020, read with SEBI circular SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020 In accountant Separate web based application platform, i.e., the R-WAP facility (accessible at https://rights.kfintech.com), has been instituted for making an Application in the Issue byresident Investors. Further, R-WAP

THE ISSUE OPENING DATE. FOR RISKS ASSOCIATED WITH THE R-WAP PROCESS, SEE "RISK FACTORS - THE R-WAP PAYMENT MECHANISM FACILITYPROPOSED TO BE USED FOR THE ISSUE MAY BE EXPOSED TO RISKS, INCLUDING RISKS ASSOCIATED WITH PAYME LETTER OF OFFER.

For quidance on the Application Process through R-WAP and resolution of difficulties faced by Investors, the Investors are advised to carefully read the frequently The questions, visit online/electronic dedicated investor helpdesk (https://ights.kfintech.com) or call helpline number (1800 345 4001/+91 40 7961 5130).For details, see "Terms of the Issue - Procedure for Application thr

Application by Eligible Equity Shareholders holding Equity Shares in physical form:

In accordance with the SEBI Rights Issue Circulars, (a) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date; or (b) theEligible Equity Shareholders, who hold Equity Shares in physic Registrar or our Company at least two Working Days prior to the Issue Closing Date, desirous of subscribing to Rights Equity Shares may also apply in the Issue Cluster of our Company at least two Working Days prior to the

(i) the Eligible Equity Shareholders apply only through R-WAP; (ii) the Eligible Equity Shareholders are residents; (iii) the Eligible Equity Shareholders are not making payment from non-resident account; (iv) the Eligible shall receive Rights Equity Shares, in respect of their Application, only in demat mode.

Accordingly, such resident Eligible Equity Shareholders are required to, within 6 (six) months from the Allotment Date, send a communication to our Company or the Registrar containing the name(s), Indian address, email address, contact details and the details of their demat account along with a copy of their self-attested PAN andself-attested client master sheet of their demat acco Shares in such demat account

Such resident Eligible Equity Shareholders must check the procedure for Application by and credit of Rights Equity Shares in "- Procedure for Application by Eligible Equity Shareholders holding Equity Shares in physical form" and "- Credit and Transfer of Rights Equity Shares in case of Shareholders holding Equity Shares in Physical Formand disposal of Rights Equity Shares for non-receipt of

APPLICATION SUPPORTED BY BLOCK AMOUNT (ASBA): An Investor, wishing to participate in the Issue through the ASBA facility, is required to have an ASBA enabled Final account with an SCSB, prior to making the Application. Investors can submit either the Application Form in physical mode to the Designated Branch of the SCSBsor online/electronic Application through the website of t authorisation to the SCSB, via the electronic mode, for blocking funds in the ASBA Account equivalent to the Application Money mentioned in the Application Form, as the case may be, at the time of submission of the Application.

For the list of banks which have been notified by SEBI to act as SCSBs for the ASBA process, please refer to https://www.sebi.gov.in/sebiweb/other/OtherActiondo?doRecognisedFpi=yes&intmld=34. For details on Designated bra

ELIGIBLE EQUITY SHAREHOLDERS UNDER THE ASBA PROCESS MAY PLEASE NOTE THAT THE RIGHTS EQUITY SHARES UNDER THE ASBA PROCESS CAN BE ALLOTTED ONLY IN DEMATERIALIZED FORM AND IN THE SAME DEPOSITORY ACCOUNT IN WHICH THE EQUITY SHARES ARE HELD BY SUCH ASBA APPLICANT ON THE RECORD DATE.

APPLICATION ON PLAIN PAPER UNDER ASBA PROCESS: An Eligible Equity Shareholder who is eligible to apply under the ASBA process may make an Applicationto subscribe to the Issue on plain paper. An Eligible Equity Shareholder

Our Company is making the Issue on a rights basis to the Eligible Equity Shareholders and will dispatch the Abridged Letter of Offer, the Application Form and otherapplicable Issue material primarily to email addresses of who do not update our records with their Indian address or the address of their duly authorised representative in India, prior to the date on which we propose to e-mail or send a physical copy of the Letter of Offer, the Abridged Letter of Offer, the Application Form and other applicable Issue materials. Further, the Letter of Offer, the Application Form and other applicable Issue materials on behalf of our Company or the Lead Manager to the Eligible Equity Shareholders who have provided their Indian addresses to our Company and who make a request inthis regard. Investors can also access the Letter of Offer, Manager and the Stock Exchanges and on RWAP

NO OFFER IN UNITED STATES: THE RIGHTS ENTITLEMENTS AND THE RIGHTS EQUITY SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT, OR ANY U.S. STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, RESOLD OR OTHERWISE TRANSFERRED WITHINTHE UNITED STATES, EXCEPT IN A TRANSACTION EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE U. CONTROL THE UNITED STATES IN COMPLIANCE WITH REGULATION STO EXISTING SHAREHOLDERS LOCATED IN JURISDICTIONS WHERE SUCH OFFERAND SALE OF THE RIGHTS EQUITY SHARES AND/OR RIGHTS ENTITLEMENTS ARE PERMITTED UNDER LAWS OF SUCH J TO WHICH THE LETTER OF OFFER RELATES IS NOT, AND UNDER NO CIRCUMSTANCES IS TO BE CONSTRUED AS, AN OFFERING OF ANY RIGHTS EQUITYSHARES OR RIGHTS ENTITLEMENT FOR SALE IN THE UNITED STATES OR AS A SOLICITATION THEREIN OF AN THE RESTRICTIONS DESCRIBED IN THE SECTION ENTITLED "RESTRICTIONS ON PURCHASES AND RESALES" ON PAGE 156 OF THE LETTER OF OFFER.

Neither our Company, nor any person acting on behalf of our Company, will accept a subscription or renunciation or purchase of the Rights Equity Shares and/or Rights Entitlements from any person, or the agent of any person, who appears to be, or who our Company, or any person acting on behalf of our Company, has reason to believe Einiumentation of the agent of any person with a perfect of the Digital Charlotter of Offer, that the United States when the buy order is made. No Application Form should be postmarked in the United States, electronically det at the time of subscribing for the Rights Equity Shares or the Rights Entitlements, it will not be, in the United States and is authorized to acquire the Rights Entitlementsand the Rights Equity Shares in compliance w

Any person who acquires Rights Entitlements or Rights Equity Shares will be deemed to have declared, warranted and agreed, by accepting the delivery of the Letter of Offer, that it is not, and that at the time of subscribi

Our Company and the Lead Manager are not making, and will not make, and will not participate or otherwise be involved in any offers or sales of the Rights Entitlementsthe Rights Equity Shares or any other security with re

The Rights Entitlements and the Rights Equity Shares have not been approved or disapproved by the U.S. Securities and Exchange Commission (the "US SEC"), any state securities commission in the United States or any other U. The above information is given for the benefit of the Applicants/Investors. Our Company and the Lead Manager are not liable for any amendments or modification or changes In applicable laws or regulations, which may occur after the date of the Letter of Offer. Investors are advised to make their independent investigations and ensure that the number of Equity Shares applied for do not exceed

LAST DATE FOR APPLICATION: The last date for submission of the duly filled in the Application Form or a plain paper Application is Tuesday, October 13, 2020 i.e., Issue Closing Date. Our Board or any committee thereof may extend the said date for such period as it may determine from time to time, subject to the Issue Period not exceeding 30 days from the Issue Opening Date (inclusive of the Issue Opening Date).

If the Application Form is not submitted with an SCSB, uploaded with the Stock Exchanges and the Application Money is not blocked with the SCSB or if the Application Formis not accepted at the R-WAP, on or before the Issu in the Letter of Offer shall be deemed to have been declined and our Board or any committee thereof shall be at liberty to dispose of the Rights Equity Shares hereby offered as provided under the section, "Terms of the Issue - Basis of Allotment" beginning on page 146 of the Letter of Offer

Please note that on the Issue Closing Date, (i) Applications through ASBA process will be uploaded until 5.00 p.m. (Indian Standard Time) or such extended time as permittedby the Stock Exchanges, and (ii) the R-WAP facili

ALLOTMENT OF RIGHTS EQUITY SHARES ONLY IN DEMATERIALIZED FORM: Please note that the Rights Equity Shares applied for in the Issue can be allotted only in dematerialized form and to the same depository account in which our equity shares are held by such investor on the Record Date. In accordance with the SEBI Rights Issue Circulars, (a) the Eligible Equity Shareholders, who hold Equity Shares in physical form as on Record Date; or (b) the Eligible Equity Shareholders, who hold EquityShares in physical form as on Record Date and who h Shares in private and we have not consider the Issue Closing Date, desiring the Issue Closing Date, desirious of subscribing to Rights Equity Shares in $\alpha$ is the Issue Closing Date, desirious of subscribing to Rights Equ

INVESTORS MAY PLEASE NOTE THAT EQUITY SHARES CAN BE TRADED ON THE STOCK EXCHANGES ONLY IN DEMATERIALIZED FORM.

LISTING: The existing Equity Shares are listed on the BSE, the NSE and the CSE. Our Company has received in-principle approval from the BSE, the NSE and the CSE For listing the Equity Shares proposed to be issued pursuant to the Issue pursuant to the intellers dated September 15, 2020, September 15, 2020, and September 16, 2020, and September 16, 2020, espectively. Our Company wil

Please note that the Eligible Equity Shareholders who are making the Application on plain paper shall not be entitled to renounce their Rights Entitlements and should not utilize the Application Form for any purpose including repunciation even if it is received subsequently

PLEASE NOTE THAT APPLICATION ON PLAIN PAPER CANNOT BE SUBMITTED THROUGH RWAP.

The application on plain paper, duly signed by the Eligible Equity Shareholder including joint holders, in the same order and as per specimen recorded with his bank, must e office of the Designated Branch of the SCSB before the Issue Closing Date and should contain the following particulars

  1. Name of our Company, being EIH Limited; 2. Name and address of the Eligible Equity Shareholder including joint holders (in the same order and as per specimenrecorded with our Company or the Depository); 3. Registered F with an Indian address, details of the NRE/FCNR/NRO Account such as the account number, name, address and branch of the SCSB with which the account is maintained13. Except for Applications on behalf of the Central or Stat and for each Flighte Fujity Shareholder in case of joint names, irrespective of the total value of the Rights Fujity Shares applied for pursuant to the Issue: 14. Authorisation and or each exploration of the SCSB to block an amount equivalent to the Application Money in the ASBA Account; 15. Signature of the Eligible Equity Shareholder(in case of joint holders, to appear in the same sequence and registration requirements of the U.S. Securities Act. I/we understand the Rights Equity Shares and the Rights Entitlements referred to in this application are being offeredand sold in offshore transactions outside the Uni not, and under no circumstances is to be construed as, an offering of any Rights Equity Shares or Rights Entitlements for sale in the United States, or as a solicitation thereinof any Rights Equity Shares or Rights Equity eligible to subscribe for the Rights Equity Shares under applicable securities laws, (b) complying with laws of jurisdictions applicable to subscribe for the Rights Equity Shares under applicable because and (c) understand any person, or the agent of any person, who appears to be, or who the Company, the Registrar, the Lead Manager or any other person acting on behalf of the Company havereason to believe is in the United States or is outsid

I/We will not offer, sell or otherwise transfer any of the Rights Equity Shares which may be acquired by us in any jurisdiction or under any circumstances in which such offeror sale is not authorized or to any person to w (a) all suitability standards for investors in investments of the type subscribed for herein imposed by the jurisdiction of my/our residence, and (b) is eligible to subscribe and s subscribing for the Rights Equity Shares and Rights Entitlements in compliance with applicable securities and other laws of my/our jurisdiction of residence

I/we hereby make the representations, warranties, acknowledgments and agreements set forth in the section of the Letter of Offer titled "Restrictions on Purchases and Resales" on page 156 of the Letter of Offer

I/We understand and agree that the Rights Entitlements and Rights Equity Shares may not be reoffered, resold, pledged or otherwise transferred except in an offshore transacticin compliance with Regulation S, or otherwise

I/We acknowledge that we, the Lead Manager, its affiliates and others will rely upon the truth and accuracy of the foregoing representations and agreements. In cases where multiple Application Forms are submitted for Applications pertaining to Rights Entitlements credited to the same demat account or in demat suspense escrov

account, including cases where an Investor submits Application Forms along with a plain paper Application, such Applications shall be liable to be rejected. Investors are requested to strictly adhere to these instructions. Failure to do so could result in an Application being rejected, with our Company, the Lead Manager and the

Registrar not having any liability to the Investor. The plain paper Application format will be available on the website of the Registrar at https://rights.kfintech.com

Our Company, the Lead Manager and the Registrar shall not be responsible if the Applications are not uploaded by SCSB or funds are not blocked in the Investors' ASB/ Accounts on or before the Issue Closing Date

OVERSEAS SHAREHOLDERS: The distribution of the Letter of Offer, the Abridged Letter of Offer, the Application Form, the Rights Entitlement Letter, any other offering material and the issue of Rights Entitlements and the Ri me are required to inform themselves about and observe such restrictions. For details, see "Restrictions on Purchases and Resales" on page 156 of the Letter of Offer

DISCLAIMER CLAUSE OF SEBI: It is to be distinctly understood that submission of the LoF to SEBI should not in, anyway, be deemed or construed that SEBI has cleared

or approved the LoF. The investors are advised to refer to the full text of the "Disclaimer clause of SEBI" beginning on page no. 110 of the LoF. DISCLAIMER CLAUSE OF BSE (DESIGNATED STOCK EXCHANGE): It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the Letter of Offer has been cleared or a

DISCLAIMER CLAUSE OF NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Letter of Offer has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Letter of Offer. The Investors are advised to refer to the Letter of Offer. The Investors are advised to

DISCLAIMER CLAUSE OF CSE: It is to be distinctly understood that the permission given by CSE should not, in any way be deemed or construed that the Letter of Offer has been cleared or approved by CSE, nor does it certify

BANKER TO THE ISSUE/ESCROW COLLECTION BANK/REFUND BANKER: ICICI Bank Limited

DISPATCH AND AVAILABILITY ISSUE MATERIALS: In accordance with the SEBI ICDR Regulations, SEBI circular SEBI/HO/CFD/DIL2/CIR/P/2020/78 dated May 6, 2020, read with SEBI circular SEBI/HO/CFD/DIL1/CIR/P/2020/136 dated July 24, 2020 and the MCA Circulars, our Company will send, primarily through email, the Abridged Letterof Offer, the Application Form and other applicable Iss to our Company. The Letter of Offer will be provided, primarily through email, by the Registrar on behalf of our Company or the Lead Manager to the Eligible EquityShareholders who have provided their Indian addresses to o

In the event that e-mail addresses of the Eligible Equity Shareholders are not available with the Company or the Eligible Shareholders have not provided valid e-mail and desses to the Company, our Company will dispatch the Letter of Offer, Abridged Letter of Offer, Application Form and other applicable Issue materials by way of physical delivery as per the applicable laws to those Eligible Equity Shareholders who have provided their Indian address.

In accordance with the above, the dispatch of the Abridged Letter of Offer, the Rights Entitlement Letter along with the Application Form has been completed in electronic form through e-mail and physically through Speed/Registered Post on September 25, 2020 by the Registrar to the Issue.

Eligible Equity Shareholders can obtain the details of their respective Rights Entitlements from the website of the Registrar (i.e., https://rights.kfintech.com) by entering theirDP ID and Client ID or Folio Number (in ca on the website of our Company (i.e., www.eihltd.com).

Further, our Company along with the Lead Manager will undertake all adequate steps to reach out the Eligible Equity Shareholders who have provided their Indian address through other means, as may be feasible. In light of the current COVID-19 situation, our Company, the Lead Manager and the Registrar will not be liable for non-dispatch ofphysical copies of Issue materials, including the

Investors can access the Letter of Offer, the Abridged Letter of Offer and the Application Form (provided that the Eligible Equity Shareholder is eligible to subscribe for the Rights Equity Shares under applicable securities laws) on the websites of: (i) our Company at www.eihltd.com; (ii) the Registrar at https://rights.kfintech.com; (iii) the Lead Manager, i.e., Ambit Capital Private Limited at www.ambit.co; (iv) the Stock Exchanges at www.bseindia.com and www.nseindia.com; and (v) the Registrar's web-basedapplication platform at https://rights.kfintech.com.

Please note that neither our Company nor the Registrar nor the Lead Manager shall be responsible for non-dispatch of physical copies of Issue materials,Including the Letter of Offer, the Abridged Letter of Offer, the Righ

OTHER IMPORTANT LINKS AND HELPLINE

The Investors can visit following links for the below mentioned purposes:

  • $a)$ Frequently asked questions and online/electronic dedicated investor helpdesk for guidance on the application process and resolution of difficulties faced by Investors: https://rights.kfintech.com
  • b) Updation on Indian address/email address/mobile number in records maintained by the Registrar or our Company: https://rights.kfintech.com
  • Updation of demat account details by Eligible Equity Shareholders holding shares in physical form: https://rights.kfintech.com $\mathbf{c}$
  • d) Submission of self-attested PAN, client master sheet and demat details by non-resident Eligible Equity Shareholders: [email protected]
  • The LoF is also available on the website of SEBI at www.sebi.gov.in.
AMBIT CAPITAL PRIVATE LIMITEDAmbit House, 449 Senapati Bapat Marg,Lower Parel, Mumbai 400 013,Maharashtra, India$\div$ AMBIT$k = 1$ NT $\equiv$ $C1$Telephone: +91 22 6623 3000E-mail: [email protected]Website: www.ambit.coAcumen at workInvestor Grievance E-mail: [email protected]Contact Person: Mirai SampatSEBI Registration No: INM000012379 KFIN TECHNOLOGIES PRIVATE LIMITED(formerly known as "Karvy Fintech Private Limited)Selenium, Tower B, Plot No- 31 and 32, Financial District, Nanakramguda,Serilingampally, Hyderabad, Rangareddi 500 032, Telangana, India.Telephone: +91 40 6716 2222.Toll Free Number: 18004258998, 18003454001Email: [email protected]Investor Grievance E-mail: [email protected]Website: www.kfintech.comContact Person: M. Murali KrishnaSEBI Registration No: INR000000221 Mr. S.N. SridharEIH LIMITEDRegistered Office: 4 Mangoe Lane, Kolkata 700 001,West Bengal, India;Telephone: +91 33 4000 2200Corporate Office: 7 Sham Nath Marg, Delhi 110 054, India;Telephone: +91 11 2389 0505E-Mail: [email protected]

investors may contact the Registrar or our Company Secretary and Compilance Officer for any pre-issue or post-issue related matter. All grievances relating to the ASBA process or R-WAP process may be addressed to the Regi Branch of the SCSBs where the Application Form or the plain paper application, as the case may be, was submitted by the Investors along with a photocopy of the acknowledgement slip (in case of ASBA process), and copy of th

On behalf of Board of Directors For EIH Limited

S N Sridhar

Place: Delhi Date: September 28, 2020

Company Secretary and Compliance Officer

EIH Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to undertake a rights issue of its Equity Shares and has in this regard filed a Letter of Offer dated Septemb

The Rights Entitlement and the Rights Equity Shares have not been and will not be registered under the US Securities Act or any state securities laws in the United States, and may not be offered, sold, resold or otherwise increased in the US Securities Act. Accordingly, the Rights Entitlements and Rights Equity Shares are being offered and sold in 'offshore transactions' outside the United States in compliance with Regulation S under the US

PRESSMAN