Bank of baroda

Karvy Investor Services Limited
[
]
[
]
Karvy House, 46 Avenue 4
Street No. 1, Banjara Hills
Hyderabad 500 034, India
Tel: [phone]
Fax: [phone]
Email: [e-mail]

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19
Name and Address of the Underwriters
Indicative Number of
Indicative Amount
Equity Shares to be
Underwritten
Underwritten
(Rs. million)
Kotak Mahindra Capital Company Limited
[
]
[
]
3rd Floor, Bakhtawar, 229
Nariman Point, Mumbai 400 021, India
Tel: [phone]
Fax: [phone]
Email: [e-mail]
Enam Securities Private Limited
[
]
[
]
D.Rajabahadur Compound
Ambalal Doshi Marg
Fort, Mumbai-400 001
Tel.: [phone]
Fax.: [phone]
JM Morgan Stanley Financial Services Private Limited
[
]
[
]
141, Maker Chambers III, Nariman Point
Mumbai-400 021
India
Tel.: [phone]
Fax: [phone]
Kotak Securities Limited
[
]
[
]
7
th
Floor, Bakhtawar
299, Nariman Point
Mumbai-400 021
Tel: [phone]
Fax: [phone]
The above-mentioned amount is indicative underwriting and this would be finalized after pricing and actual allocation.
The above Underwriting Agreement is dated [
] 2006.In the opinion of our Board of Directors (based on a certificate
given by the Underwriters), the resources of all the above mentioned Underwriters are sufficient to enable them to
discharge their respective underwriting obligations in full. All the above-mentioned Underwriters are registered with SEBI
under Section 12(1) of the Securities and Exchange Board of India Act, 1992 or registered as brokers with one or more
of the Stock Exchanges. Allocation among Underwriters may not necessarily be in proportion to their underwriting
commitments. In the event of any default, the respective Underwriter in addition to other obligations to be defined in the
Underwriting Agreement will also be required to procure/subscribe to the extent of the defaulted amount. Notwithstanding
the above table, the Underwriters shall be severally responsible for ensuring payment with respect to Equity Shares
allocated to investors procured by them, provided, however, it is proposed that pursuant to the terms of the Underwriting
Agreement, Enam Financial Consultants Private Limited, JM Morgan Stanley Private Limited, Karvy Investor Services
Limited and Kotak Mahindra Capital Company Limited shall be responsible for bringing in the amount devolved in the
event that their respective Syndicate Members, being Enam Securities Private Limited, JM Morgan Stanley Financial
Services Private Limited, Karvy Stock Broking Limited and Kotak Securities Limited, do not fulfil their underwriting
obligations.