Investor Presentaiton
MRP
As required by Section 143(3) of the Act, based on our audit, we
report that:
a)
b)
d)
e)
f)
g)
h)
We have sought and obtained all the information and
explanations which to the best of our knowledge and belief
were necessary for the purposes of our audit.
In our opinion, proper books of account as required by law
have been kept by the Company so far as it appears from our
examination of those books.
The Balance Sheet, the Statement of Profit and Loss including
Other Comprehensive Income, the Statement of Changes in
Equity and the Cash Flow Statement dealt with by this Report
are in agreement with the books of account.
In our opinion, the aforesaid Standalone Financial Statements
comply with the IND AS specified under section 133 of the
Act.
On the basis of the written representations received from
the directors as on 31st March, 2023 taken on record by the
Board of Directors, none of the directors are disqualified as on
31st March, 2023 from being appointed as a director in terms
of Section 164 (2) of the Act.
With respect to the adequacy of the internal financial controls
with reference to standalone financial statements of the
Company and the operating effectiveness of such controls,
refer to our separate Report in "Annexure B". Our report
expresses an unmodified opinion on the adequacy and
operating effectiveness of the Company's internal financial
controls with reference to standalone financial statements.
As required by section 197(16) of the Act, based on our
audit, we report that the Company has paid and provided for
remuneration to its directors during the year in accordance
with the provisions of and limits laid down under section 197
read with Schedule V to the Act.
With respect to the other matters to be included in the Auditor's
Report in accordance with Rule 11 of the Companies (Audit
and Auditors) Rules, 2014, as amended in our opinion and to
the best of our information and according to the explanations
given to us:
i.
The Company has disclosed the impact of pending
ii.
iii.
iv.
litigations on its financial position in its Standalone
Financial Statements - Refer Note 28 (r) to the Standalone
Financial Statements;
The Company has long-term contracts including
derivative contracts for which there were no material
foreseeable losses;
There has been no delay in transferring amounts,
required to be transferred to the Investor Education and
Protection Fund by the Company.
(a)
As represented to us by the management and to
the best of its knowledge and belief, no funds have
been advanced or loaned or invested (either from
borrowed funds or share premium or any other
sources or kind of funds) by the Company to or in
any other person(s) or entity(ies), including foreign
entities ("intermediaries"), with the understanding
whether recorded in writing or otherwise that the
Intermediary shall, whether, directly or indirectly
lend or invest in other persons or entities identified
in any manner whatsoever by or on behalf of the
Company ("Ultimate Beneficiaries") or provide
any guarantee, security or the like on behalf of the
Ultimate Beneficiaries; and
(b) As represented to us by the management and to
the best of its knowledge and belief, no funds
have been received by the Company from any
person(s) or entity(ies), including foreign entities
("Funding Parties"), with the understanding,
whether recorded in writing or otherwise, that the
Company shall, whether, directly or indirectly,
lend or invest in other persons or entities identified
in any manner whatsoever by or on behalf of the
Funding Party ("Ultimate Beneficiaries") or provide
any guarantee, security or the like on behalf of the
Ultimate Beneficiaries; and
(c)
Based on such audit procedures, we have
considered reasonable and appropriate in the
circumstances, nothing has come to our notice that
causes us to believe that the above representations
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