Compliance Certificate Under Regulation 40(10) Of SEBI(LODR) Regulation, 2015 For The Half Year Ended September, 2018

• Security Code: 505840
• Company: JAIPAN

I have examined all Share Transfer Deeds, Memorandum of Transfers, Registers, files and other documents relating to M/s. Jaipan Industries Limited maintained by M/s Link Intime India Pvt. Ltd pertaining to transfer of equity shares of the company for the period from April 1, 2018 to September 30, 2018 for the purpose of issuing a Certificate as per Regulation 40(9) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on the information provided by the Company, I hereby certify that during half year ended on September 30, 2018:

A) There has been Three case received for Share/Debenture Certificate(s) relating to the transfer of Shares/Debentures during the period from April 1, 2018 to September 30, 2018 and therefore there has been issue of share certificates within thirty days of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies from respective date of lodgment of deed.