In terms of the provisions of the SEBI Circular No SEBI/HO/DDHS/DDHS/CIR/P/2019/115 dated 22nd October, 2019, we hereby certify that for the quarter ended 31st March, 2021 the proceeds from the issue of Commercial Papers are being utilised for the working capital requirements and in adherence to other listing conditions, as specified in Annexure I of the said circular.