Frequently Asked Questions of R-WAP

About R-WAP

It is an online platform where Resident Eligible Shareholders (shareholders holding partly paid-up equity shares of GRASIM INDUSTRIES LIMITED - FIRST CALLMONEY as of June 14, 2024 (“Call Record Date”) can make payment towards the First Call using net banking (NEFT/RTGS) or UPI

Who can pay through R-WAP?

Resident Eligible Shareholders are alone permitted to pay the First Call through R-WAP

How to make the payment?

There are two payment options - Net Banking and UPI

Can I pay more than what is due on the First Call?

No, you may not pay for more than what is due from you towards the First Call

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 29 banks

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

Can I use a credit card / debit card / payment wallet for making payment?

No. Option to use credit card / debit card / payment wallet 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.

My payment has failed, whom do I approach?

Please write to us at gil.rights@kfintech.com and we shall provide the status

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

Please write to us at gil.rights@kfintech.com 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.