GUJARAT HOTELS LTD. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

This is to certify that (basis the confirmation received from our Registrar and Transfer Agent) the securities received for dematerialization for the quarter ended September 30, 2022 have been mutilated and cancelled after due verification and the name of the depository has been substituted in the records as the registered owner, within the stipulated period of time. Further, the securities which were dematerialized, have been listed on the stock exchange.