The MOU is terminable at the option of GPX. The Agreement for Sale is expected to be executed by 31 January 2021 and the completion of the Proposed Transaction subject to due diligence, execution of definitive documents, fulfilment of various condition precedents, is expected to be completed in March' 2021.

GPX and Equinix are not related parties to the Promoters/Promoter Group/Group Companies of the Company and the Proposed Transaction is not a related party transaction. There will be no change in shareholding of the Company as part of the Proposed Transaction.