LEGAL

India Capital Management Limited is incorporated in Mauritius. It is licensed and regulated by the Financial Services Commission (FSC). India Capital Management does not offer investment advice or other investment products and services to the public in the United States.

India Capital Research and Advisors Pvt Ltd is incorporated under the laws of India. It performs research and makes non-binding recommendations to its clients. It does not trade, manage investments or issue binding investment recommendations.

Compass is an asset of India Capital Services, an affiliate of India Capital Management, and is used exclusively by India Capital Management and its affiliates.

India Institutional Fund Ltd. was an India-focused fund advised by India Capital Management and owned by large institutional investors. India Institutional Fund wound up on 27 April 2015 and no longer conducts business or offers its shares.