BHARTI AIRTEL LIMITED

 

Frequently Asked Questions of R-WAP

RIGHTS ISSUE OF FULLY PAID EQUITY SHARES BY BHARTI AIRTEL LIMITED

FREQUENTLY ASKED QUESTIONS – R-WAP

About R-Wap

It is an online platform where application for rights issue of BHARTI AIRTEL LIMITED can be made through Non-ASBA mode and payment can be made online using net banking or UPI from Applicant’s own bank account.PLEASE NOTE THAT ONLY RESIDENT INDIVIDUAL INVESTORS CAN SUBMIT AN APPLICATION USING THE R-WAP.

Who can apply?

Only resident Investors making payment through own resident bank account can avail this facility.
Non-resident Investors cannot use R-WAP.

Can shareholders holding Equity Shares in physical form apply through R-WAP?

No

How should I know my entitlement?

In case you are an Eligible Equity Shareholder holding Equity Shares as on record date i.e. Sep 28, 2021 then you may refer either to the Rights Entitlements credited to your demat account or the Rights Entitlements Letter sent to you as disclosed on page 338 of Letter of Offer. The entitlement details can also be checked on R-WAP at https://rights.kfintech.com/.

Do I need a DEMAT account for applying through this application?

Following can apply through R-Wap

1.  Resident Eligible Equity Shareholders holding Equity Shares in demat form as on the Record Date

2.  Resident Eligible Equity Shareholders holding Equity Shares in physical folio as on the Record Date

3.  Resident Renouncee's having Rights Entitlements and also holding a valid demat account

How will the payment of application money be made through R-WAP platform?

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.

When I will get refund, if any?

In case of non-Allotment or partial Allotment, surplus Application Money shall be refunded to the Investor after finalization of Basis of Allotment in consultation with the Designated Stock Exchange.

Is R-WAP platform an alternative for ASBA mechanism?

Yes, it is and additional optional mechanism for application in the Issue along with the ASBA mechanism. Please note that the R-WAP facility is one time relaxations made available by SEBI in view of the COVID-2019 pandemic and shall not be a replacement of the existing process under the SEBI ICDR Regulations. and this facility is available only for Rights Issue opening on or before December 31, 2020.

Is any interest payable to shareholders who are applying through R-WAP system?

No.

Can I apply more than my entitled shares?

Yes, you may apply for additional Rights Equity Shares along with your entitled Rights Equity Shares by mentioning the total number of Rights Equity Shares including entitlements you wish to apply.

Can I make payment from any bank?

Yes, In case of an UPI.

In case you are using a Net Banking facility for making payment, then the option is available only for below mentioned 28 banks. Only retail internet banking facility is available on R-WAP. Corporates cant apply through internet banking on R-WAP.

S.No Bank Name S.No Bank Name
1 AU SMALL FINANCE BANK LIMITED 2 AXIS BANK LTD
3 BANK OF BARODA 4 BANK OF INDIA
5 CANARA BANK 6 CITY UNION BANK LTD
7 DEUTSCHE BANK 8 HDFC BANK LTD
9 ICICI BANK LTD 10 IDBI BANK LTD
11 INDIAN BANK 12 INDIAN OVERSEAS BANK
13 INDUSIND BANK LIMITED 14 KARUR VYSYA BANK LTD
15 KOTAK MAHINDRA BANK LTD 16 PUNJAB NATIONAL BANK
17 SARASWAT BANK LTD 18 SOUTH INDIAN BANK LTD
19 STANDARD CHARTERED BANK 20 STATE BANK OF INDIA
21 TAMILNADU MERCHANTILE BANK 22 THE DHANLAXMI BANK LTD
23 THE HSBC LTD. 24 THE JAMMU AND KASHMIR BANK LIMITED
25 THE SHAMRAO VITHAL COOP BANK LTD 26 TJSB SAHAKARI BANK LTD
27 UNION BANK OF INDIA 28 YES BANK LTD

Can I use the bank details of my family / friends for making payment?

No. The bank details to be used for making payment through this platform must have your name as one of the joint holders along with the family / friends otherwise it will be treated as third party payments and will be rejected as per May 6- Rights Issue Circular and July 24- Rights Issue Circular. The same should be specified while making the application.

Can I use a credit card for making payment?

No. Option to use credit card for making payment is not available on this platform

What is the maximum amount I can pay through this platform?

In case of Net Banking, there is no restriction on amount on R-WAP. However, maximum amount will be as per the limit set by applicants’ respective banks. In case of UPI, the payment can be made only upto Rs. 2 lakh

My payment has failed, whom do I approach?

Please check if you have provided the correct details. You can write to us at  bhartiairtel.rights@kfintech.com or call us at 18003454001

Payment confirmation is not received however amount debited, whom do I approach?

Please write to us at bhartiairtel.rights@kfintech.com or call us at 18003454001 and we shall provide the status

In case of wrong information being submitted, do I have the option to revoke or rectify?

No. Once the application is submitted, it is final. However, application can be withdrawn by sending an email with withdrawal request to bhartiairtel.rights@kfintech.com during the issue period. Further, no Investor can withdraw his/ her/ its application post the Issue Closing Date.

Things to be considered for Using UPI / Net Banking as successful mode of payment: -

1. In case you are making payment through existing bank details registered with your folio number or Demat account, please make sure that the same bank account is linked to the UPI ID (VPA) which you will enter on payment page (payment gateway); else the same will be rejected

2. In case you enter a UPI ID (VPA) and approve the payment on your UPI linked mobile app, in case the amount is first debited and then credited back to your account, please understand that the bank account provided by you on R-WAP is not linked to the UPI ID (VPA) entered by you on the payment page and is rejected on account of Third Party Payments

3. In case you are making payment using UPI, please follow the same: -

a. Provide the UPI ID (virtual payment account i.e. “VPA”) which is linked to the bank account provided by you;

b. Check the notification on your mobile from the UPI App;

c. Click the notification and login to the UPI App and authorize the payment after checking payment amount

d. In case you miss to check your mobile notification and miss to authorize the UPI request; the same will expire and payment will not be completed

4. How to check the bank account linked to your UPI ID (VPA)

a. Click the profile and you will find the bank account linked to the UPI ID (VPA)

b. In most of the UPI Apps, the bank account number linked to the UPI ID (VPA) is available on the landing page of UPI (for instance in BHIM app)

5. How to get your UPI ID (VPA)

a. Go to your UPI App

b. Check on the landing page; the UPI ID (VPA) will be on the top;

c. Else click the profile and obtain the UPI ID (VPA)

6. How to avoid payment failures on account of Third Party Validation failure?

a. If you are using existing bank linked to your demat account for payment; kindly ensure to check your bank details including availability of IFSC

b. In case you chose to change bank account for payment:

i. You are not the sole holder in the bank account; please select the Mode of holding as Joint;

ii. You are not the first holder in the joint bank account; please select the holding level as 2 or 3 (as in your bank records)

iii. In place of Name of the first Holder on Change bank details page, please enter the Name of first holder in the joint bank account, as in the bank records

iv. If above instructions are not followed, the third party validation may fail and payment for application may not processed.

c. In case you chose to change bank detail for payment, ensure that your name as per bank records is matching with your name as mentioned as Eligible Equity Shareholder’s Name in R-WAP; else the same will be rejected on account of Third Party validation; where Mode of holding is selected as Single (indicating that you are the sole holder of the bank account)

d. When payment is being made through net banking and you proceed to your Bank Page (through the payment gateway) please ensure to use the same login credentials which is linked to the existing or updated (in case of change in bank details) bank details as appearing in the R-WAP; else the payment will be failed on account of Third Party payment

7. There are 28 banks where Net Banking facility is available on R-WAP. In case you find that the tab of Pay using Net Banking is disabled, then your bank details are not part of the 28 banks registered in R-WAP. Thus, you will either have to change bank details for net banking enabled banks or pay using UPI (virtual payment account details will be required where same bank details are linked); List of 28 banks is available in FAQs on the home page (https://rights.kfintech.com)

8. In case you seek any further assistance please call on the following helpline numbers: - Toll free number of the Registrar to the Issue:18003454001

PLEASE DO NOT SHARE PASSWORDS OR LOG IN CREDENTIALS AS THE CALL CENTER CANNOT PROVIDE ASSISTANCE TO LOG INTO THE BANK PAGE

DISCLAIMER

Shoppers Stop Limited is proposing, subject to market conditions and other considerations, a rights issue of its Equity Shares and has in this regard filed a Letter of Offer (LOF) dated November 13, 2020 with SEBI and the Stock Exchanges. The LOF is available on the website of SEBI at www.sebi.gov.in, the Stock Exchanges i.e. BSE Limited at www.bseindia.com, National Stock Exchange of India Limited at and on the websites of the Lead Managers, JM Financial Limited and Axis Capital Limited at http://www.jmfl.com and http://www.axiscap.co.in, Investors should note that investment in equity shares involves a degree of risk and are requested to refer to the section titled “Risk Factors” on page 15 of the Letter of Offer for details of the same. Potential investors should not rely on the Letter of Offer for any investment decision.

The Rights Entitlements and the Rights Equity Shares have not been and will Not be registered under the united states securities act of 1933, as amended (the “US Securities Act”), or any U.S. state securities laws and may not be Offered, sold, resold or otherwise transferred within the united states or the Territories or possessions thereof (the “United States” or “U.S.”), except in a Transaction exempt from the registration requirements of the us securities Act. The Rights Entitlements and Rights Equity Shares referred to in this letter Of offer are being offered and sold (i) in offshore transactions outside the United states in compliance with Regulation S under the us securities act (“Regulation S”) to existing foreign corporate or institutional shareholders And (ii) in the united states to “qualified institutional buyers” (as defined in Rule 144A under the US Securities act) (“U.S. QIB”) pursuant to section 4(a)(2) of the Us securities act. The offering to which this 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 any of the said securities, except in each case to Persons in the united states who are U.S. QIBs. Accordingly, you should not Forward or transmit this letter of offer in or into the United States at any time (other than to U.S. QIBs).