Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE

TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

wpe33F.jpg (4360 bytes) MOXSH OVERSEAS EDUCON LIMITED
CIN: U74994MH2018PLC308826

Our Company was originally incorporated as a private limited Company under the name of "Moxsh Overseas Educon Private Limited" under the provisions of the Companies Act, 2013 vide certificate of incorporation dated May 02, 2018 bearing Corporate Identification Number U74994MH2018PTC308826 issued by the Registrar of Companies, Central Registration Centre with one of its main objectives to takeover the proprietary concern, Moxsh Overseas Education Consultants started by our Promoter in 2012. Our Company was converted into a public limited Company pursuant to the special resolution passed by the shareholders of our Company at the extra-ordinary general meeting held on August 09, 2022 and consequently upon conversion, the name of our Company was changed to "Moxsh Overseas Educon Limited" vide afresh certificate of incorporation dated August 25, 2022 bearing Corporate Identification Number U74994MH2018PLC308826 issued by the Registrar of Companies, Mumbai.

Registered Office: 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai - 400025, Maharashtra, India. | Tel /Mob No: +9 1 9699 360370 | Email Id: cs@moksh16.com  | Website: www.moksh16.com 

Contact Person: Shivam Kumar Urmaliya, Company Secretary and Compliance Officer
PROMOTER OF OUR COMPANY: PRITI DHANANJAY SHAH

Our Company has filed the Prospectus with the RoC and the Equity Shares are proposed to be listed on the EMERGE Platform of NSE Limited ("NSE") and trading of the Equity Shares Allotted pursuant to the Offer is expected to commence on December 30, 2022.

BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 6,80,800 EQUITY SHARES OF FACE VALUE OF Rs. 10.00/- EACH ("EQUITY SHARES") OF MOXSH OVERSEAS EDUCON LIMITED ("THE COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 153 PER EQUITY SHARE (THE "ISSUE PRICE"), (INCLUDING A PREMUIM OFRs. 143 PER EQUITY SHARE), AGGREGATING Rs. 1041.62 LAKHS ("THE ISSUE"), OF WHICH 34,400 EQUITY SHARES OF FACE VALUE OF Rs. 10.00/- FOR CASH AT A PRICE OF Rs. 153 EACH AGGREGATING Rs. 52.63 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF 6,46,400 EQUITY SHARES OF FACE VALUE OF Rs. 10.00 EACH FOR CASH AT A PRICE OF Rs. 153 PER EQUITY SHARE, AGGREGATING TO Rs. 988.99 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.38 % AND 28.85 % RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THE FACE VALUE OF THE EQUITY SHARES IS Rs. 10.00/- EACH AND THE ISSUE PRICE IS Rs. 153/- PER EQUITY SHARE
THE ISSUE PRICE IS 15.3 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.

ISSUE

 OPENED ON: DECEMBER 21, 2022
CLOSED ON: DECEMBER 23, 2022

PROPOSED LISTING

The Equity Shares of the Company offered through the Prospectus dated December 15, 2022 are proposed to be listed on the EMERGE Platform of NSE Limited ("NSE EMERGE") in terms of the Chapter IX of SEBI (ICDR) Regulations, 2018 as amended from time to time. Our Company has received In-Principle Approval Letter dated December 08, 2022 from NSE for listing our shares and also for using its name in the offer document for listing of our shares on EMERGE Platform of NSE Limited. It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to the Prospectus for the full text of the "Disclaimer Clause of the EMERGE Platform of NSE Limited" on page 241 o f the Prospectus. For the purpose of this issue the Designated Stock Exchange will be NSE Limited ("NSE") The trading is proposed to be commenced on or about December 30, 2022 (Subject to receipt of listing and trading approval from NSE).

This issue is being made through Fixed Price Process in terms of Chapter IX of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("SEBI (ICDR) Regulations") as amended and Rule 19(2) (b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended (the "SCRR"). According to Regulation 253(2) of the SEBI (ICDR) Regulations, 2018 as amended from time to time, the allocation in the Net Issue to the Public category is made as follows: (a) minimum 50% of the net issue of shares shall be allocated to Retail Individual Investors and (b) remaining to: (i) Individual applicants other than retail individual investors; and (ii) other investors including corporate bodies or institutions, irrespective of number of specified securities applied for; provided that the unsubscribed portion in either of categories specified in clauses (a) or (b) may be allocated to applicants in the other category.

If the retail individual investor category is entitled to more than allocated portion on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage. For further details, please refer to section titled "Issue Structure" beginning on page no. 256 of the Prospectus.

All investors have participated in this issue through Application Supported by Blocked Amount ("ASBA") process including through Unified Payment Interface ("UPI") mode (as applicable) by providing the details of the respective bank accounts / UPI ID as applicable in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs") / Sponsor Bank as the case may be.

SUBSCRIPTION DETAILS

DETAILS OFTHE APPLICATION:

The Issue has received 46,570 applications (before Technical Rejection and after amounts not blocked) for 6,41,87,200 Equity Shares (Including Market Maker Application of 34,400 Equity Shares) resulting 94.30 times subscription.

The details of the applications received in the Issue from Retail Individual Investors, Non-institutional Investors and Market Maker (before and after technical rejections & withdrawal) are as follows:

DETAILS OF APPLICATIONS RECEIVED (Before Technical Rejection and after amounts not blocked)

Category

 Number of applications Number of equity shares applied Number of equity shares reserved as per Prospectus Number of times subscribed
Retail Individual Investor's 42,835 3,42,68,000 3,23,200 99.16
Other than Retail Individual Investor's 3746 2,98,94,400 3,23,200 99.38
Market Maker 1 34,400 34,400 1.00
TOTAL 46,582 6,41,96,800 6,80,800 94.30

DETAILS OFVALID APPLICATIONS:

Gross

Less: Rejections

Valid

Category

 No. of applications No. Of equity shares No. of applications No. Of equity shares No. of applications No. Of equity shares
Retail Individual Investor's 43,652 3,49,21,600 817 6,53,600 42,835 3,42,68,000
Other than Retail Individual Investor's 3803 3,00,51,200 57 1,56,800 3746 2,98,94,400
Market Maker 1 34400 - - 1 34400
TOTAL 47,456 6,50,07,200 874 8,10,400 46,582 6,41,96,800

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange i.e NSE Limited on December 28, 2022.

Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 153.00/- per Equity Share, was finalised in consultation with NSE EMERGE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 34,400 Equity shares in full out of reserved portion of 34,400 Equity Shares.

C. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 153.00/- per Equity Share, was finalized in consultation with NSE EMERGE. The category was subscribed by 99.16 times. The total number of shares allotted in this category is 3,45,600 Equity shares out of reserved portion of 3,23,200 Equity Shares.

Sr. No. No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Allocation Application Before Rounding oft on per cant After Rounding off

Ration of allottees to applicants

 Number of successful applicants (after rounding) % to total Total No. of shares allocated/ allotted % to total Surplus/ Deficit (14)-(7)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
1 800 42835 100.00 34268000 100.00 345600 8.07 800 6 595 432 100.00 345600 100.00 0
GRAND TOTAL 42835 100.00 34268000 100.00 345600 432 100.00 345600 100.00 0

D. Allocation to Non- Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Non-Retail Individual Investors, at the issue price of Rs. 153.00/- per Equity Share, was finalized in consultation with NSE EMERGE. The category was subscribed by 99.38 times. The total number of shares allotted in this category is 300,800 Equity shares out of reserved portion of 3,23,200 Equity Shares.

Sr. No.

No. Of Shares applied for (Category wise)

Number of applications received

% to total

Total No. of Shares applied in each category

% to total

Proportionate shares available

Allocation per Applicant

  

Ration of allottees to applicants

  

Number of successful applicants (after rounding)

  

% to total

 

Total No. of shares allocated/ allotted

  

% to total

 

Surplus/ Deficit (14)-(7)
Before Rounding off After Rounding off
(1) (2) (3) (4) (5) (6) (7) (8) (9)

(10)

 (11) (12) (13) (14) (15)
1 1600 2175 58.06 3480000 11.64 35016 16.1 800 7 346 44 15.12 35200 11.68 184
2 2400 248 6.62 595200 1.99 5989 24.15 800 7 248 7 2.41 5600 1.86 -389
3 3200 187 4.99 598400 2.00 6021 32.2 800 8 187 8 2.75 6400 2.13 379
4 4000 147 3.92 588000 1.97 5917 40.25 800 1 21 7 2.41 5600 1.86 -317
5 4800 58 1.55 278400 0.93 2801 48.29 800 3 58 3 1.37 2400 0.80 -401
6 5600 51 1.36 285600 0.96 2874 56.35 800 4 51 4 1.37 3200 1.06 326
7 6400 119 3.18 761600 2.55 7663 64.39 800 10 119 10 3.44 8000 2.66 337
8 7200 261 6.97 1879200 6.29 18909 72.45 800 8 87 24 8.25 19200 6.37 291
9 8000 105 2.80 840000 2.81 8452 80.5 800 11 105 11 3.78 8800 2.93 348
10 8800 19 0.51 167200 0.56 1682 88.53 800 2 19 2 0.69 1600 0.53 -82
11 9600 21 0.56 201600 0.67 2029 96.62 800 1 7 3 1.03 2400 0.80 371
12 10400 16 0.43 166400 0.56 1674 104.63 800 1 8 2 0.69 1600 0.53 -74
13 11200 7 0.19 78400 0.26 789 112.71 800 1 7 1 0.34 800 0.27 11
14 12000 13 0.35 156000 0.52 1570 120.77 800 2 13 2 0.69 1600 0.53 30
15 12800 8 0.21 102400 0.34 1030 128.75 800 1 8 1 0.34 800 0.27 -230
16 13600 19 0.51 258400 0.86 2600 136.84 800 3 19 3 1.03 2400 0.80 -200
17 14400 11 0.29 158400 0.53 1594 144.91 800 2 11 2 0.69 1600 0.53 6
18 15200 9 0.24 136800 0.46 1376 152.89 800 2 9 2 0.69 1600 0.53 224
19 16000 21 0.56 336000 1.12 3381 161 800 4 21 4 1.37 3200 1.06 -181
20 16800 11 0.29 184800 0.62 1859 169 800 2 11 2 0.69 1600 0.53 -259
21 17600 1 0.03 17600 0.06 177 177 800 0 0 0 0.00 0 0.00 -177
22 18400 4 0.11 73600 0.25 741 185.25 800 1 4 1 0.34 800 0.27 59
23 19200 6 0.16 115200 0.39 1159 193.17 800 1 6 1 0.34 800 0.27 -359
24 20000 9 0.24 180000 0.60 1811 201.22 800 2 9 2 0.69 1600 0.53 -211
25 20800 4 0.11 83200 0.28 837 209.25 800 1 4 1 0.34 800 0.27 -37
26 21600 2 0.05 43200 0.14 435 217.5 800 1 2 1 0.34 800 0.27 365
27 22400 9 0.24 201600 0.67 2029 225.44 800 1 3 3 1.03 2400 0.80 371
28 23200 6 0.16 139200 0.47 1401 233.5 800 1 3 2 0.69 1600 0.53 199
29 24000 9 0.24 216000 0.72 2173 241.44 800 1 3 3 1.03 2400 0.80 227
30 24800 7 0.19 173600 0.58 1747 249.57 800 2 7 2 0.69 1600 0.53 -147
31 25600 1 0.03 25600 0.09 258 258 800 0 0 0 0.00 0 0.00 -258
32 26400 4 0.11 105600 0.35 1063 265.75 800 1 4 1 0.34 800 0.27 -263
33 27200 2 0.05 54400 0.18 547 273.5 800 1 2 1 0.34 800 0.27 253
34 28000 1 0.03 28000 0.09 282 282 800 0 0 0 0.00 0 0.00 -282
35 28800 6 0.16 172800 0.58 1739 289.83 800 1 3 2 0.69 1600 0.53 -139
36 29600 3 0.08 88800 0.30 894 298 800 1 3 1 0.34 800 0.27 -94
37 31200 5 0.13 156000 0.52 1570 314 800 2 5 2 0.69 1600 0.53 30
38 32000 6 0.16 192000 0.64 1932 322 800 1 3 2 0.69 1600 0.53 -332
39 32800 4 0.11 131200 0.44 1320 330 800 1 2 2 0.69 1600 0.53 280
40 33600 4 0.11 134400 0.45 1352 338 800 1 2 2 0.69 1600 0.53 248
41 34400 1 0.03 34400 0.12 346 346 800 0 0 0 0.00 0 0.00 -346
42 35200 6 0.16 211200 0.71 2125 354.17 800 1 2 3 1.03 2400 0.80 275
43 36000 3 0.08 108000 0.36 1087 362.33 800 1 3 1 0.34 800 0.27 -287
44 36800 2 0.05 73600 0.25 741 370.5 800 1 2 1 0.34 800 0.27 59
45 37600 2 0.05 75200 0.25 757 378.5 800 1 2 1 0.34 800 0.27 43
46 38400 1 0.03 38400 0.13 386 386 800 0 0 0 0.00 0 0.00 -386
47 39200 4 0.11 156800 0.52 1578 394.5 800 1 2 2 0.69 1600 0.53 22
48 40000 9 0.24 360000 1.20 3622 402.44 800 5 9 5 1.72 4000 1.33 378
49 40800 3 0.08 122400 0.41 1232 410.67 800 2 3 2 0.69 1600 0.53 368
50 41600 1 0.03 41600 0.14 419 419 800 1 1 1 0.34 800 0.27 381
51 42400 2 0.05 84800 0.28 853 426.5 800 1 2 1 0.34 800 0.27 -53
52 43200 3 0.08 129600 0.43 1304 434.67 800 2 3 2 0.69 1600 0.53 296
53 44000 1 0.03 44000 0.15 443 443 800 1 1 1 0.34 800 0.27 357
54 44800 1 0.03 44800 0.15 451 451 800 1 1 1 0.34 800 0.27 349
55 45600 2 0.05 91200 0.31 918 459 800 1 2 1 0.34 800 0.27 -118
56 46400 2 0.05 92800 0.31 934 467 800 1 2 1 0.34 800 0.27 -134
57 47200 3 0.08 141600 0.47 1425 475 800 2 3 2 0.69 1600 0.53 175
58 48000 3 0.08 144000 0.48 1449 483 800 2 3 2 0.69 1600 0.53 151
59 48800 1 0.03 48800 0.16 491 491 800 1 1 1 0.34 800 0.27 309
60 49600 1 0.03 49600 0.17 499 499 800 1 1 1 0.34 800 0.27 301
61 52000 2 0.05 104000 0.35 1046 523 800 1 2 1 0.34 800 0.27 -246
62 52800 2 0.05 105600 0.35 1063 531.5 800 1 2 1 0.34 800 0.27 -263
63 55200 1 0.03 55200 0.18 555 555 800 1 1 1 0.34 800 0.27 245
64 56000 4 0.11 224000 0.75 2254 563.5 800 3 4 3 1.03 2400 0.80 146
65 57600 5 0.13 288000 0.96 2898 579.6 800 4 5 4 1.37 3200 1.06 302
66 62400 1 0.03 62400 0.21 628 628 800 1 1 1 0.34 800 0.27 172
67 64000 6 0.16 384000 1.28 3864 644 800 5 6 5 1.72 4000 1.33 136
68 64800 8 0.21 518400 1.73 5216 652 800 3 4 6 2.41 4800 1.60 -416
69 65600 1 0.03 65600 0.22 660 660 800 1 1 1 0.34 800 0.27 140
70 66400 1 0.03 66400 0.22 668 668 800 1 1 1 0.34 800 0.27 132
71 67200 1 0.03 67200 0.22 676 676 800 1 1 1 0.34 800 0.27 124
72 68000 2 0.05 136000 0.45 1368 684 800 1 1 2 0.69 1600 0.53 232
73 69600 1 0.03 69600 0.23 700 700 800 1 1 1 0.34 800 0.27 100
74 70400 1 0.03 70400 0.24 708 708 800 1 1 1 0.34 800 0.27 92
75 71200 3 0.08 213600 0.71 2149 716.33 800 1 1 3 1.03 2400 0.80 251
76 74400 1 0.03 74400 0.25 749 749 800 1 1 1 0.34 800 0.27 51
77 75200 2 0.05 150400 0.50 1513 756.5 800 1 1 2 0.69 1600 0.53 87
78 78400 1 0.03 78400 0.26 789 789 800 1 1 1 0.34 800 0.27 11
79 80000 1 0.03 80000 0.27 805 805 800 1 1 1 0.34 800 0.27 -5
80 82400 1 0.03 82400 0.28 829 829 800 1 1 1 0.34 800 0.27 -29
81 84000 2 0.05 168000 0.56 1690 845 800 1 1 2 0.69 1600 0.53 -90
82 88000 3 0.08 264000 0.88 2656 885.33 800 1 1 3 1.03 2400 0.80 -256
83 88800 1 0.03 88800 0.30 894 894 800 1 1 1 0.34 800 0.27 -94
84 89600 1 0.03 89600 0.30 902 902 800 1 1 1 0.34 800 0.27 -102
85 91200 1 0.03 91200 0.31 918 918 800 1 1 1 0.34 800 0.27 -118
86 92800 1 0.03 92800 0.31 934 934 800 1 1 1 0.34 800 0.27 -134
87 96000 1 0.03 96000 0.32 966 966 800 1 1 1 0.34 800 0.27 -166
88 97600 1 0.03 97600 0.33 982 982 800 1 1 1 0.34 800 0.27 -182
89 99200 1 0.03 99200 0.33 998 998 800 1 1 1 0.34 800 0.27 -198
90 100000 1 0.03 100000 0.33 1006 1006 800 1 1 1 0.34 800 0.27 -206
91 100800 1 0.03 100800 0.34 1014 1014 800 1 1 1 0.34 800 0.27 -214
92 108000 1 0.03 108000 0.36 1087 1087 800 1 1 1 0.34 800 0.27 -287
93 111200 1 0.03 111200 0.37 1119 1119 800 1 1 1 0.34 800 0.27 -319
94 112000 1 0.03 112000 0.37 1127 1127 800 1 1 1 0.34 800 0.27 -327
95 120000 3 0.08 360000 1.20 3622 1207.33 800 1 1 3 1.03 2400 0.80 -1222
0.00 0.00 800 2 3 0.00 1600 0.53 1600
96 120800 1 0.03 120800 0.40 1215 1215 800 1 1 1 0.34 800 0.27 -415
97 128000 1 0.03 128000 0.43 1288 1288 1600 1 1 1 0.34 1600 0.53 312
98 130400 2 0.05 260800 0.87 2624 1312 800 1 1 2 0.69 1600 0.53 -1024
0.00 0.00 800 1 2 0.00 800 0.27 800
99 131200 1 0.03 131200 0.44 1320 1320 1600 1 1 1 0.34 1600 0.53 280
100 132000 2 0.05 264000 0.88 2656 1328 800 1 1 2 0.69 1600 0.53 -1056
0.00 0.00 800 1 2 0.00 800 0.27 800
101 136000 1 0.03 136000 0.45 1368 1368 1600 1 1 1 0.34 1600 0.53 232
102 138400 1 0.03 138400 0.46 1393 1393 1600 1 1 1 0.34 1600 0.53 207
103 144000 1 0.03 144000 0.48 1449 1449 1600 1 1 1 0.34 1600 0.53 151
104 150400 1 0.03 150400 0.50 1513 1513 1600 1 1 1 0.34 1600 0.53 87
105 152800 1 0.03 152800 0.51 1537 1537 1600 1 1 1 0.34 1600 0.53 63
106 161600 1 0.03 161600 0.54 1626 1626 1600 1 1 1 0.34 1600 0.53 -26
107 162400 1 0.03 162400 0.54 1634 1634 1600 1 1 1 0.34 1600 0.53 -34
108 172000 1 0.03 172000 0.58 1731 1731 1600 1 1 1 0.34 1600 0.53 -131
109 177600 1 0.03 177600 0.59 1787 1787 1600 1 1 1 0.34 1600 0.53 -187
110 178400 1 0.03 178400 0.60 1795 1795 1600 1 1 1 0.34 1600 0.53 -195
111 192000 1 0.03 192000 0.64 1932 1932 1600 1 1 1 0.34 1600 0.53 -332
112 196000 1 0.03 196000 0.66 1972 1972 1600 1 1 1 0.34 1600 0.53 -372
113 276000 1 0.03 276000 0.92 2777 2777 2400 1 1 1 0.34 2400 0.80 -377
114 324000 1 0.03 324000 1.08 3260 3260 3200 1 1 1 0.34 3200 1.06 -60
115 345600 1 0.03 345600 1.16 3477 3477 3200 1 1 1 0.34 3200 1.06 -277
116 396000 1 0.03 396000 1.32 3985 3985 4000 1 1 1 0.34 4000 1.33 15
117 615200 1 0.03 615200 2.06 6190 6190 6400 1 1 1 0.34 6400 2.13 210
118 640000 1 0.03 640000 2.14 6440 6440 6400 1 1 1 0.34 6400 2.13 -40
119 646400 6 0.16 3878400 12.97 39025 6504.17 6400 1 1 6 2.06 38400 12.75 -625
0.00 0.00 800 1 6 0.00 800 0.27 800
GRAND TOTAL 3746 100.00 29894400 100.00 300800 289 100.00 300800 100.00 0

The Board of Directors of the Company at its meeting held on December 28, 2 022 has taken on record the Basis of Allotment of Equity Shares, as approved by the Designated Stock Exchange viz. NSE EMERGE and has authorized the online corporate action for the allotment of the Equity Shares in dematerialised form to various successful applicants. The CAN-cum-Refund Orders and Allotment Advice and/or Notices are being dispatched to the address of the applicants as registered with die depositories / as filled in the application form on or before December 29, 2022. Further, the instructions to Self-Certified Syndicate Banks being processed on or prior to December 28, 2022 for unblocking fund. In case the same is not received within Four (4) days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The company shall file the listing application with NSE on December 29, 2022. The Company is in process of obtaining the listing & the trading approval from NSE and the trading is expected to commence on or about Friday, December 30, 2022.

Note: All capitalised terms used and not specifically defined herein shall have the same meaning as Ascribed to them in the Prospectus December 15, 2022.

INVESTORS, PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at www.bigshareonline.com . All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the first/ sole applicants, serial number of the application form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

wpe340.jpg (4471 bytes) BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 - 2 , 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali
Caves Road, Andheri - (East), Mumbai, - 400093, Maharashtra, India.
Tel No: +9 1 22 6263 8200; Fax No: +9 1 22 6263 8299
E-mail Id: ipo@bigshareonline.com ; Website: www.bigshareonline.com
Investor Grievance ID: investor@bigshareonline.com
Contact Person: Mr. Aniket Chindarkar; SEBI Registration No: INR000001385
FOR MOXSH OVERSEAS EDUCON LIMITED
On behalf of the Board of Directors Sd/-
Date: December 29, 2022 Dhananjay Jaichand Shah Managing Director
Place: Mumbai, Maharashtra DIN: 00225296

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF MOXSH OVERSEAS EDUCON LIMITED.

The Equity Shares offered in this Offer have not been and will not be registered under the US Securities Act 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be "Qualified Institutional Buyers" (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act, and (ii) outside the United States in offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of Vie jurisdiction where those offer and sales occur.

The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

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