Letter of Transmittal

Dear Sir,

Annual Accounts and Report of the Board on the working of SIDBI-FY 2019-20.

In accordance with the Provisions of Section 30(5) of the Small Industries Development Bank of India Act, 1989, we forward herewith the following documents:

(1) Copy of Annual Accounts of Small Industries Development Bank of India for the financial year ended March 31, 2020; and

(2) A report on the working of the Small Industries Development Bank of India during the financial year ended March 31, 2020.

Yours faithfully,

(Mohammad Mustafa)

Chairman & Managing Director

Encl.: As Above