CERTIFICATE UNDER REG.40(9) OF SEBI(LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) RULES, 2015 FOR THE HALF-YEAR ENDED 31ST MARCH, 2017.

• Security Code: 511355
• Company: INDCEMCAP

April 25, 2017 The Secretary Bombay Stock Exchange Limited Department of Corporate Services 1st Floor, New Trading Ring, Rotunda Building Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001. SCRIP CODE : 511355 Kind Attn.: Mr. Ajith Sawant, DCS-CRD Dear Sir, Sub: Compliance Certificate in terms of Reg.40(9) of SEBI LODR We are enclosing a Certificate issued by Practising Company Secretary, Sri.G.Porselvam, pursuant to Regulation 40(9) of SEBI (Disclosure Obligations and Disclosure Requirements) Regulations 2015, certifying the operations of the Company's Share Transfer Registry in relation to the period from 01.10.2016 to 31.03.2017 [half-year ended], for your records. Thanking you, Yours faithfully, For India Cements Capital Limited Company Secretary Encl.: As stated