KALYANI FORGE LTD. - Compliance Certificate For The Period Ended March 2017

Dear Madam/Sir Pursuant to regulation 7 (3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that activities in relation to both physical and electronic share transfer facility are maintained by the Company's Registrar and Transfer Agent viz Link Intime India Private Limited, which is a SEBI approved category I, Registrar & Transfer Agent, registered with Securities and Exchange Board of India ( SEBI Registration number: INR000004058)