S P Apparels Ltd

We confirm that the Link Intime India Private Limited Registrar and Share Transfer Agent of the Company have after due verification cancelled the certificate of securities received for dematerialization and substituted in the record of the Company the name of the depository as the registered owner and forwarded the details of securities dematerialized during the aforesaid period as required under the captioned subject to BSE and NSE (where the shares of the Company are listed) and the securities have been listed in both the stock exchanges.