With reference to the SEBI circular mentioned in caption in the matter of Fund raising by issuance of Debt Securities by Large Entities, specifically mandating certain disclosure to the Exchange(s) by the listed entity, (viz. Large Corporate- LC) as mentioned in para 4 of the circular, fulfilling the criteria specified in such circular in para 2.2 of the circular. In connection with the same we confirm that our Company is not falling under Large Corporate (LC) category as per the framework provided in the circular. Request you to take the same on your records.