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Part I : Request for Quotation (RFQ)

Ref No: ITB/2017-18/ 5'6".t. Date: 02 Jan 2018

To,

SEBI registered CAT. I Merchant Bankers,

Sub: Quotation for sale of 20,00,000 equity shares of Clearing Corporation of India(CCIL) of Face Value of Rs. 10 each by Central Bank of India (the Seller I the Bank)

The Bank is proposing to sell 20,00,000 equity shares of Face Value of Rs. 10 each of CCllwhich is 4 % of paid up equity share capital of CCll with a floor price of Rs. 605 per share.

The Bank invites your quotation / bid for subscription to the aforesaid equity based on the"Issue Structure" attached herewith as Part II. The Bids should be in conformity with the termsand conditions stated in this document read along with part II and should be submitted latest by1600 Hrs. on 29Jan 2018 in a sealed envelope to:

The General Manager, Treasury & 10Central Bank of Indias" Floor, ChandermukhiNariman point Mumbai-400021Tel: 022-66387555/7550Fax: 022-22049475Email: gmtreasury@centralbank.co.in

The sealed envelope should be marked as "Bid for Central bank of India -CCIL Sha

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Chander Mukhi, Nariman Point, Mumbai - 400021 • Tel. : 2202 6438, 6638 7777 • Fax: (91-22) 2204 4336www.centralbankofindia.co.in

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I. Submission of Bids:a) Bids should be submitted individually and independently by the SEBI registered. Cat I

merchant banker. Bidding in consortium is not permitted.b) Bids for the price per share and the merchant banker's fee should be mentioned clearly and

in conformity with the terms and conditions stated in the RFQ along with Issue Structure. Allthe pages of the bid should be signed and stamped by the authorized officer(s) of thebidding merchant banker.

c) Submission of bids by the merchant bankers shall mean that they have accepted all theterms and conditions mentioned in this document and Part II.

d) The bidder shall not be allowed to withdraw the bid after submission. A bid once submittedshall be valid up to 31.03.2018.

e) The bidding merchant bankers should confirm that all information, documents, statementsproduced by them in their bid are true and complete, duly signed and stamped on theirletterhead or under their seal by their authorized officer(s). Under no circumstances, thebidding merchant bankers should give or withhold any information or statement ordocument that is likely to mislead the Bank.

f) The bidding merchant bankers should confirm that they have complied with/ agree tocomply with all the statutory formalities/guidelines/ regulations /circulars issued by theReserve Bank of India, SEBI, Companies Act 2013 read along relevant Rules and otherrelevant statutory provisions as applicable to the present sale of shares.

g) The merchant bankers should ensure completion of all legal, regulatory and statutoryrequirements of all the parties to the sale required for completion of the transaction.

h) The merchant bankers shall provide any other transactional support required for thesuccessful completion of the sale.

i) The Bank shall execute the process of short-listing/ selection of the bids of merchantbankers as per the details hereunder.

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II. Details of Financial Bid ( Multiple bids will not be allowed):The bidding merchant bankers should submit their financial bids as per format given hereunder:Sr. No Particulars Details to be submitted1 Name of the bidding merchant banker2 Price offered per share (in Rs. up to two decimals)3 Merchant Banker's fee, per share, (in Rs.)4 Net consideration, per share, to the Bank (in RS.)

III. Evaluation of bids:a) The bids shall be evaluated after taking into account the net price per share (gross price per

share- brokerage/ fee). The Bank shall shortlist the merchant banker(s) to the issue basedon the best consideration to the Bank.

b) The bidder quoting the best consideration to the Bank shall be "L1"quoting the next highest consideration shall be "L2" bidder and so on.

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c) If more than one bidder is declared as l1 bidder, such bidder shall be provided anopportunity to revise the price upward by submitting fresh bid in a sealed envelope on thenext working day of finalising the process mentioned under (a).

d) The bid has to be submitted for 20 lakh shares. Partial bids i.e. bid quantum of less than 20lakh shares shall be rejected. Quoting range of price shall not be accepted.

e) Once the bid has been shortlisted by the bank, the merchant bank has to furnish the detailsof the intending purchaser for due diligence of CCll.

f) The board of CCll has the right to approve the price and determine the purchaser as fit andproper. The bid shall be accepted subject to CCll clearance as per their regulations ofshare transfer and pre-emptive rights. Requisite RBI clearance may also be obtained by theBank /CCll before finalizing the transaction.

g) The Bank reserves the right to cancel or accept any/ all the bids, at its sole and absolutediscretion, without assigning any reason whatsoever. .

h) The bid shall be opened at given office at 1700 Hrs. on 29.01.2018. The bidding merchantbankers may remain present at the time of opening of the bid. ...:"'-

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Yours faithfully,

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Chander Mukhi, Nariman Point, Mumbai - 400 021 • Tel. : 2202 6438,66387777 • Fax: (91-22) 2204 4336..; , '. www.centralbankofindia.co.in .

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Part II -Issue Structure

Paid up equity capital of CCll 5 Crore shares of Rs. 10 each: Rs. 50 CrareTotal number of equity shares to be sold by 20 lac sharesCentral Bank of IndiaFloor Price Per share Rs. 605 Per shareBid Size 20 Lac sharesDate of Pre-bid meeting 09.01.2018 (1600 Hrs)last Date for submission of Bids 29.01.2018,1600 HrsDate of opening of Bids 29.01.2018, 1700HrsDate of acceptance of bids and Before 31.03.2018 or within 3 days of receivingcommunication to the Merchant Banker consent fromCCll, whichever is laterLast Date of completion of sale Before 31.03.2018 or within 15 days of

receiving consent fram CCll, whichever is 19:t~

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Chander Mukhi, Nariman Point, Mumbai - 400021 • Tel. : 22026438,66387777 • Fax: (91-22) 2204 4336. . www.centralbankofindia.co.in .