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          To the members of                                     with Corporate Governance requirements by the Company.
          KOLTE-PATIL DEVELOPERS LIMITED                     6.   We have carried out an examination of the relevant records
          1.   This certificate is issued in accordance with the terms of our   of the Company in accordance with the Guidance Note on
             engagement letter dated October 15, 2019.          Certification of Corporate Governance issued by the Institute of
                                                                the Chartered Accountants of India (the ICAI), the Standards on
          2.   We, DELOITTE HASKINS & SELLS LLP, Chartered Accountants,   Auditing specified under Section 143(10) of the Companies Act
             the Statutory Auditors of Kolte-Patil Developers Limited (“the   2013, in so far as applicable for the purpose of this certificate
             Company”), have examined the compliance of conditions of   and as per the Guidance Note on Reports or Certificates for
             Corporate Governance by the Company, for the year ended on   Special  Purposes issued  by the  ICAI which requires that we
             March 31, 2020, as stipulated in regulations 17 to 27 and clauses   comply with the ethical requirements of the Code of Ethics
             (b) to (i) of regulation 46(2) and para C and D of Schedule V   issued by the ICAI.
             to the SEBI (Listing Obligations and Disclosure Requirements)
             Regulations, 2015 (the Listing Regulations).    7.   We have complied with the relevant applicable requirements
                                                                of the Standard on Quality Control (SQC) 1, Quality Control for
          Managements’ Responsibility                           Firms that Perform Audits and Reviews of Historical Financial
          3.   The compliance of conditions of Corporate Governance is the   Information, and Other Assurance and Related Services
             responsibility of the Management. This responsibility includes   Engagements.
             the design, implementation and maintenance of internal
             control and procedures to ensure the compliance with the   Opinion
             conditions of the Corporate Governance stipulated in Listing   8.   Based on our examination of the relevant records and according
             Regulations.                                       to the information and explanations provided to us and the
                                                                representations provided by the Management, we certify that
          Auditor’s Responsibility                              the Company has complied with the conditions of Corporate
          4.   Our responsibility is limited to examining the procedures   Governance as stipulated in regulations 17 to 27 and clauses
             and  implementation  thereof,  adopted  by  the  Company  for   (b) to (i) of regulation 46(2) and para C and D of Schedule V of
             ensuring compliance with the conditions of the Corporate   the Listing Regulations during the year ended March 31, 2020.
             Governance. It is neither an audit nor an expression of opinion   9.   We state that such compliance is neither an assurance as
             on the financial statements of the Company.        to the future viability of the Company nor the efficiency or
          5.   We have examined the books of account and other relevant   effectiveness with which the Management has conducted the
             records and documents maintained by the Company for the   affairs of the Company.
             purposes of providing reasonable assurance on the compliance

                                                                                   For DELOITTE HASKINS & SELLS LLP
                                                                                            Chartered Accountants
                                                                             (Firm’s Registration No. 117366W/W-100018)

                                                                                                     Saira Nainar
          Place: Mumbai                                                                    (Membership No. 040081)
          Date: August 06, 2020                                                       (UDIN: 20040081AAAABW2701)

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