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| Exchange Disseminated Time 19/01/2016 16:59:55 | This post offer Announcement (“Post-Offer Announcement”) is being issued by Religare Capital Markets Limited (“Manager to the Offer”), on behalf of the Igarashi Electric Works Limited, a company incorporated in Japan (“IEWL”/“Acquirer”), together with MAPE Securities Private Limited (“MSPL”/“PAC 1"), Alpha FDI Holdings PTE. LTD (“Alpha”/“PAC 2"), Tata Capital Growth Fund I (“TCGF”/“PAC 3"), Igarashi Electric Works (H.K.) Limited (“IEWLHK”/“PAC 4") and Agile Electric Sub Assembly Private Limited (“Agile”/“PAC 5") (PAC 1, PAC 2, PAC 3, PAC 4 and PAC 5 collectively referred to as the “PACs”), in their capacity as persons acting in concert with the Acquire and the PACs in connection with the Offer, in compliance with Regulation 18(12) of the SEBI SAST Regulations. The Detailed Public Statement with respect to the Offer was published on August 06, 2015
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