MADHUSUDAN SECURITIES LTD. - Undertaking Regarding Non-Applicability Of Statement For Deviation(S) Or Variation(S) Under Regulation 32 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 32 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015 and in compliance with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated 24th December, 2019, it is hereby confirmed by the Company that Regulation 32 of Statement for Deviation(s) or Variation(s) under SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015 is not applicable to the Company for the year ended 31st March, 2023.