The standalone financial statements of Bengal Shriram Hitech City Private Limited for years 2016,
2017 & 2018 are dated as 22nd September 2016, 28th September 2017 and 31 March 2018, Global
Entropolis Vizag Private Limited for years 2016, 2017 & 2018 are dated as 20th September
2016, 28th September 2017, and 31 March 2018, & Shrivision Homes Private Limited for years
2016, 2017 & 2018 dated as 22nd September 2016, 28th September 2017, and 31 March 2018, so
their respective (”Material Subsidiary Financial Statements”) have been uploaded here by Shriram
Properties Limited (“Company”) solely to comply with the requirements specified in the
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018.
Please note that the Material Subsidiary Financial Statements do not
constitute a draft, red herring or final prospectus, a statement in lieu of a prospectus, an
offering circular, an offering memorandum, an advertisement, an offer or a solicitation of any
offer or an offer document to purchase or sell any securities under the Companies Act, 2013, and
the rules made thereunder, each as amended, the Securities and Exchange Board of India (Issue of
Capital and Disclosure Requirement) Regulations, 2018, or any other applicable law in India or
elsewhere in the world. These Material Subsidiary Financial Statements should not be considered
as part of information that any prospective investor should consider to subscribe for or
purchase any securities of the Company or any of its subsidiaries, or any entity in which it or
its shareholders have significant influence (collectively, the “Group”) and should not be relied
upon or used as a basis for any investment decision. Anyone placing reliance on the Material
Subsidiary Financial Statements, or any other information on the website of the Company would be
doing so at their own risk.
The information contained herein does not constitute an offer
for sale of, or solicitation of an offer to buy, the securities of the Company in the United
States or in any other jurisdiction. Securities may not be offered or sold in the United States
absent registration or an exemption from registration under the U.S. Securities Act of 1933, as
amended.
None of the Group or any of its advisors, nor any book running lead managers or
selling shareholders, nor any of their respective employees, directors, affiliates, agents or
representatives accept any liability whatsoever for any loss howsoever arising from any
information presented or contained in these Material Subsidiary Financial Statements, or the
opinions expressed therein. None of the foregoing shall be liable for any direct or indirect
losses arising from the use thereof and the viewers are requested to use the information
contained herein at their own risk.
These Material Subsidiary Financial Statements should
not be copied, reproduced, re-circulated, re-distributed, published or advertised in any media,
website or otherwise, in any form or manner, in part or as a whole, without the express consent
in writing from the Company. Any unauthorized use of the Material Subsidiary Financial
Statements contained herein is prohibited. Accordingly, any persons in possession of the
aforesaid should inform themselves about and observe any such restrictions. Information
contained in the Material Subsidiary Financial Statements is provided “as is” without warranty
of any kind, either expressed or implied, including any warranty of fitness for a particular
purpose. No reliance should be placed on, the accuracy, fairness or completeness of the
information presented or contained in these Material Subsidiary Financial Statements. Further,
past performance is not necessarily indicative of future results. Any opinions expressed in
these Material Subsidiary Financial Statements are subject to change without notice.
The
Material Subsidiary Financial Statements are only current as of the dates specified therein and
neither the Group nor any of its respective advisors or representatives is under any obligation
to update you in the event the information in the Material Subsidiary Financial Statements
becomes stale or inaccurate. You must make your own assessment of the relevance, accuracy and
adequacy of the information contained in these Material Subsidiary Financial Statements and must
make such independent investigation as you may consider necessary or appropriate for such
purpose.