Hipolin: Compliance Certificate Under Regulation 7(3) Of SEBI Listing Regulations, 2015

We certify that all activities in relation to both physical and electronic share transfer facility are maintained by the Companys Registrar and Share Transfer Agent, Link Intime India Private Limited, having its Ahmedabad office at 5th Floor, 506 to 508 Amarnath Business Center-I (ABC-I), Beside Gala Business Center, Nr. St. Xaviers College corner, Off. C.G.Road, Navrangpura, Ahmedabad-380009. Further we confirm that Link Intime India Private Limited is registered with Securities Exchange Board of India to act as Registrar and Share Transfer Agent under Registration No. INR000004058.

Further, pursuant to Regulation 7(3) of SEBI(LODR) Regulations, 2015, we submit herewith the Compliance Certificate for the half year ended 30th September, 2018 i.e. for the period from 1st April, 2018 to 30th September, 2018.