GUJARAT NARMADA VALLEY FERTILIZERS & CHEMICALS LTD. - Compliance Certificate Under Regulation 40(9)&(10) Of The SEBI(LODR) Regulations, 2015 For The Half Year Ended 31St March,2017

In terms of the Regulation 40(9)&(10) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we are sending herewith the Compliance Certificate issued by Shri Niraj Trivedi, a Practising Company Secretary about the compliance by the Company, of the issue and delivery of share certificates, as required under the said Regulations, for the Half Year ended 31st March,2017.