I/We JITENDRA R. BHAGAT, Proprietor of Bhagat Associates, Practicing Company Secretary have examined: (a) all the documents and records made available to us and explanation provided by GHUSHINE FINTRRADE OCEAN LIMITED CIN: L65910GJ1995PLC025823 SCRIPTCODE 539864 ('the listed entity'), (b) the filings/ submissions made by the listed entity to the stock exchanges, (c) website of the listed entity, (d) any other document/ filing, as may be relevant, which has been relied upon to make this certification, for the year ended 31st March, 2022 in respect of compliance with the provisions of : (a) the Securities and Exchange Board of India Act, 1992 ('SEBI Act') and the Regulations, circulars, guidelines issued thereunder; and (b) the Securities Contracts (Regulation) Act, 1956 ('SCRA'), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ('SEBI');