Gujarat Foils: Compliance Certificate In Pursuant To Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended On March, 2019

Pursuant to Regulation 7(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby confirm that activities in relation to both physical and electronic share transfer facility are maintained by the Companys Registrar and Share Transfer Agent viz. Link Intime India Private Limited which is a SEBI approved category-I Registrar & Transfer Agent registered with Securities and Exchange Board of India (SEBI Registration Number: INR000004058).