On the basis of confirmation and explanation given to us by Subway Finance & Investment Co. Ltd (the 'Company') having its Registered Office at Eastern Court, B 101, 1st Floor, Junction of Tejpal & Parleshwar Road, Vile Parle Mumbai - 400057, for the purpose of issuing certificate under Regulation 40(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, we hereby certify that in relation to the half year period from 01st October, 2018 to 31st March, 2019. 1.Share Certificate(s) relating to the Share Transfer forms received during the period from 01st October, 2019 to 31st March, 2019 as entered in the Memorandum of Transfers have been issued within 30 days from the respective date of lodgement of each form. 2.There were no cases of transmissions, transposition, sub division, consolidation, renewal, name deletion, exchange or endorsement of calls/allotment monies and renewal.