January 04, 2018 KTL/BSE/17-18-74 Listing Compliance Department, BSE Limited, P. J. Towers, Dalal Street, Fort, Mumbai-400001 Subject: Minutes of Postal Ballot

Dear Sir/Madam, In continuation to our letter no. KTL/BSE/17-18-73 dated January 02, 2018 vide subject as Result of Postal Ballot under Regulation 44(3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we hereby submit Minutes of Postal Ballot/ e-voting conducted by the company. This is for your information and records. Thanking you, For Kushal Limited

CS Khushboo Surana Company Secretary