This is with reference to SEBI Circular: SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 regarding fund raising by issuance of debt securities by Large Entities.\r\n\r\nWe hereby confirm that Naapbooks Limited does not fulfill the criteria specified n Para 2.2 of the above SEBI circular and hence does not fall in the category of \Large Corporaets\ as defind under the said circular.