MAXIMAA SYSTEMS LTD. - Confirmation Regarding The Company Not Being Identified As Large Corporate.

Respected Sir / Madam,<BR> <BR> In terms of SEBI Circular SEBI/HO/DDHS/CIR/P/ZOIB/IM dated 26th November, 2018, we hereby state that as on 31st March, 2020, we do not have --- <BR> <BR> 1. Debt Securities or Non-Convertible Redeemable Preference Shares, listed on recognized Stock Exchange(s) in terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015: and <BR> <BR> 2. An outstanding long term borrowings of Rs. 100 Crores or above as mentioned in the circular; and <BR> <BR> 3. Any Credit Rating of AA and above. <BR> Therefore on the basis of above mentioned points, we hereby confirm that we are not a Large Corporate as per the applicability criteria given under the circular.<BR> <BR> Thanking You, <BR> <BR> Yours faithfully, <BR> <BR> Maximaa Systems Ltd.