Ushakiran Finance Ltd

This is to inform you that the Annual Secretarial Compliance report under regulation 24A of SEBI (LODR) (amendment)Regulations 2018 read with SEBI Circular dated 8.2.2019 is not applicable to the company. Further we would like to clarify that Ushakiran Finance Limited is claiming exemption under reg 15 of SEBI (LODR) Regulations 2015 as corporate governance regulations shall not apply to the listed entities having paid up share capital of Rs.10 crores and networth of Rs. 25 crores as on the last day of previous financial year. The paid up equity share capital of the company is RS. 2.55 Crores and the networth of the company for the financial year is Rs.18.70 Crores which is less than Rs.25 crores as on the last day of the previous financial year 31.3.2024 respectively.

With respect to the above cited subject we would like to inform your good office that the following regulations of the SEBI (LODR) regulations as amended are not applicable to the company. We hereby certify that the company has not issued any non convertible securities or instruments of similar nature at any time and therefore the disclosures required as per aforementioned regulations are not applicable to the company.

This is with reference to regulation 57 of the SEBI (LODR) regulations 2015 as amended. We hereby certify that the company has not issued any non convertible securities during the quarter ended 31.3.2025 and therefore the payment of interest/principal/dividend obligations does not arise.

We are herewith enclosing an undertaking for the quarter ended 31.3.2025 regarding website of the company is functional and updated in accordance with regulation 46 of SEBI (LODR) Regulations 2015 for your perusal and records.

We wish to inform that the company has not issued any Non convertible Debt Securities Non Convertible redeemable preference shares and commercial papers or any other instruments and as such the SEBI Circular dated November 13 2020 is not applicable to the company.

W e wish to inform that the company had already appointed Mrs. Sanjana Jain as Company secretary and compliance officer on 4.5.2019 as per regulation 6(1) of SEBI (LODR) Regulations and the company has appointed M/s. Venture Capital and Corporate investments Private Limited as Registrar 9and Share transfer agent as per Regulation 7(1) of SEBI (LODR) Regulations 2015.

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Ushakiran Finance Ltd</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L65923TG1986PLC006294</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>0.00</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>0</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>Not Applicable</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: SANJANA JAIN <br/> Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER <br/> EmailId: ushakiranfinance@yahoo.co.in</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: T RAMESH BABU <br/> Designation: CHIEF FINANCIAL OFFICER <br/> EmailId: ushakiranfinance@yahoo.co.in</div> </div> <div> <br/> Date: 15/04/2025<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>