Not Compliant – Page 400

SHPP – Shipping Corporation of India Land and Assets Ltd

Shipping Corporation of India Land and Assets Ltd is not Shariah Compliant because it fails the financial ratios.

Hathway Cable and Datacom Ltd is not Shariah Compliant because of its involvement in Cable Service Providers and related activities.

Summit Securities Ltd is not Shariah Compliant because of its involvement in Corporate Financial Services (NEC) and related activities.

Grand Oak Canyons Distillery Ltd is not Shariah Compliant because it fails the financial ratios.

Fusion Finance Ltd is not Shariah Compliant because of its involvement in Microfinancing and related activities.

Mahanagar Telephone Nigam Ltd is not Shariah Compliant because it fails the financial ratios.

Dredging Corporation of India Ltd is not Shariah Compliant because it fails the financial ratios.

TAJ GVK Hotels and Resorts Ltd is not Shariah Compliant because of its involvement in Hotels, Motels & Cruise Lines (NEC) and related activities.

Capital Infra Trust is not Shariah Compliant because of its involvement in Other Financial Vehicles and related activities.

Corporate Merchant Bankers Ltd is not Shariah Compliant because of its involvement in Consumer Lending (NEC) and related activities.