Certificate Under Regulation 52(5) Of SEBI (Listing Obligations
And Disclosure Requirements) Regulations, 2015

Further to our letter dated 30th May 2018, please find enclosed a certificate received from Axis Trustee Services Limited, Debenture Trustee pursuant to Regulation 52(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We request you to kindly take the same on record.

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