Please find attached declaration about non-applicability of Regulation 57(5) for QE March 31, 2025

Adcon Capital Services has filed a declaration with the stock exchanges stating that Regulation 57(5) of the SEBI Listing Regulations does not apply to the company for the quarter ended March 31, 2025. This regulation requires companies with listed non-convertible securities (such as bonds or debentures) to submit a certificate from their debenture trustee confirming security cover and compliance. By filing this declaration, the company is essentially confirming that it does not have any listed non-convertible debt securities outstanding. This is a routine quarterly compliance filing submitted as part of standard listing obligations.