In reference to the SEBI Circular dated 26.11.2018 with regard to fund raising by issuance of debt securities by large entities, we hereby confirm that we are not identified as a large corporate as on 31.3.2026, as per the applicability criteria given under SEBI Circular dated 26.11.2018 read with SEBI Circular dated 19.10.2023, We hereby confirm that USHAKIRAN FINANCE LIMITED is not a large corporate as per applicability criteria mentioned in clause 3 of said circular.