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( As on 27/04/2021 19:51)

IDFC L - Compliance Certificate In Terms Of Regulation 40(9) And Regulation 61(4) Of The Securities And Exchange Board Of Ind

Please find enclosed Compliance Certificate dated April 27, 2021 for the half year ended March
31, 2021, issued by M/s. Bhandari & Associates, Company Secretaries, in terms of Regulation
40(9) and Regulation 61(4) of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015.