EXCEL INDUSTRIES LTD. - Regulation 40(9) - Certificate From Practicing Company Secretary

Dear Sir,<BR> <BR> Pursuant to Regulation 40(9) of the (Listing Obligation and Disclosure Requirements) Regulations 2015, please find enclosed Certificate received from Practicing Company Secretary for the period from 1stApril, 2020 to 30th September, 2020 certifying that all the share certificates have been issued by the Company within specified time from the lodgment for transfer, subdivision, consolidation, renewal, exchange or endorsements of calls/allotment monies.<BR> <BR> Kindly take this on your record.<BR>