IGARASHI MOTORS INDIA LTD. - Large Corporate Disclosure - 31St March 2020

We hereby state the following that <BR> a) Has its equity shares listed on "BSE Limited" and "National Stock Exchange Limited" in terms of SEBI(LODR) Regulations, 2015 and<BR> b) As on March 31,2020, does not have outstanding long term borrowing of Rs.100 Crores or above; <BR> c) Does not have credit rating of "AA and above" but has CARE A+ : stable<BR> Based on the above, we confirm that our Company does not fall under category of "Large Corporates" as specified under para 2.2 of under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26,2018