Dear Shareholders

It gives me immense pleasure to present the Annual Report for the financial year ending31^st March 2020 along with the Board's Report Audited Annual Accounts and theAuditor's Report of your Company.

Financial Year 2020 presented its own set of challenges as the sector continued to facethe ongoing liquidity crisis. Even as the economy already faced pressures due to thefinancial sector weakness the fag-end of the financial year under review brought moreturbulence. The world faced the novel Coronavirus pandemic which has impacted almostevery aspect of human life. We extend our sincere gratitude to the medical personnelhealth officials government leaders and volunteers around the world who have been workingtirelessly to contain the COVID-19 pandemic.

We are making our efforts to meet the financing needs of the under-served segments ofsociety such as small enterprises. We are also leading in providing small ticket personalloans financing for working capital requirements along with Business Loans- Micro Financeand Enterprise Loans etc. Our believe in living by strong values fair practices andprocesses helped us to reach out to various sections of society and to becoming a helpinghand in their progress.

I am warmly thankful to our shareholders all employees bankers regulatory bodiesgovernmental administration business associates customers and all other stakeholders forbeing firm partners in the Company's support. I am convinced that with your continuedsupport.

Yours sincerely

DIN:00248843.