Disclaimer - Important

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED IN THE UNITED STATES. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE BY AKSHARCHEM (INDIA) LIMITED (THE “COMPANY”) TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009, AS AMENDED (“SEBI REGULATIONS”), AND SECTION 42 OF THE COMPANIES ACT, 2013.

Please read this notice carefully. It applies to all persons who view this site. The following disclaimer applies to the preliminary placement document (the “PreliminaryPlacement Document”) for the issue of equity shares of the Company (“Equity Shares”). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Preliminary Placement Document. The Preliminary Placement Document is available for you to read on screen and to print in PDF format. By accessing the Preliminary Placement Document, you agree to follow the following terms and conditions.

The Preliminary Placement Document presented herein and the placement referred to herein is being made in reliance upon section 42 of the Companies Act, 2013 and the rules thereunder, and Chapter VIII of the SEBI Regulations, and is meant only for qualified institutional buyers (as defined under Regulation 2(1)(zd) of the SEBI Regulations) (“QIBs”) on a private placement basis and is not an offer to the public or to any other class of investors to sell, solicit or recommend the sale or purchase of securities. The Preliminary Placement Document and materials placed herein have not been and will not be registered as a prospectus with the offices of the registrar of companies in India and are not and should not be construed as an invitation, offer or sale of any securities to the public in India. The Preliminary Placement Document shall be filed as a private placement offer letter with the Registrar of Companies, Gujarat (“RoC”) and the Securities and Exchange Board of India (“SEBI”) under applicable provisions of the Companies Act, 2013.

Unless a pre-numbered placement document accompanied by an application form is addressed to a specific QIB inviting such QIB to make a bid through such application form, no offer and/or invitation of offer shall be deemed to have been made. The names and contact details of all the QIBs who receive the Preliminary Placement Document along with the application form shall be submitted to the RoC and SEBI, as required by the Companies Act, 2013.

You acknowledge that the access to the Preliminary Placement Document is intended for use by you only and you agree not to forward the Preliminary Placement Document on to any other person, internal or external to your company, in whole or in part, or otherwise provide access via e-mail or otherwise to any other person.

None of the Company, the Book Running Lead Manager (as defined in the Preliminary Placement Document) and any of their respective affiliates, accept any liability whatsoever, direct or indirect, that may arise from the use of the information contained on this website. Access to this website does not constitute a recommendation by the Company, the Book Running Lead Manager, any of their respective affiliates or any other party to subscribe to or buy or sell the Equity Shares.

The Equity Shares have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the Unites States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold only outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act. The Preliminary Placement Document should not be viewed by any person located in the United States.

The Equity Shares may not be offered or sold and the Preliminary Placement Document may not be distributed, directly or indirectly, in or into any jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction (a “Prohibited Jurisdiction”).

The information in the Preliminary Placement Document is as of the date thereof and neither the Company, its directors nor the Book Running Lead Manager are under any obligation to update or revise the Preliminary Placement Document to reflect circumstances arising after the date thereof.

This disclaimer and the Preliminary Placement Document are intended for your information only and may contain legally privileged and/or confidential information. You are hereby notified that any dissemination, distribution or copying of the Preliminary Placement Document is strictly prohibited.

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.

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

By clicking on the “I Confirm” button below:

1. I confirm I have read the disclaimer set out above and I agree to be bound by its terms;

2. I certify that I am not accessing this website in the United States or any Prohibited Jurisdiction; and

3. I certify that I am permitted to view the Preliminary Placement Document in accordance with the above terms.