Investor Presentaiton
MRP
V.
vi.
The Company and its subsidiary companies incorporated
in India have complied with the provisions with respect
to Section 123 of the Companies Act, 2013 in respect
of final dividend proposed in the previous year, interim
dividends declared and paid by the company during the
year and the proposed final dividend for the year which
is subject to the approval of members at the ensuing
Annual General Meeting, as applicable.
Proviso to Rule 3(1) of the Companies (Accounts) Rules,
2014 for maintaining books of account using accounting
software which has a feature of recording audit trail (edit
log) facility is applicable to the Group with effect from
April 1, 2023, and accordingly, reporting under Rule
11(g) of Companies (Audit and Auditors) Rules, 2014 is
not applicable for the financial year ended March 31,
2023; and
vii. With respect to the matters specified in paragraphs 3(xxi)
and 4 of the companies (Auditor's Report) order, 2020
(the order/CARO) issued by the central government in
terms of section 143 (11) of the act, to be included in
the Auditor's Report, according to the information and
explanation given to us, and based on CARO reports
issued by us and the component auditor for the Holding
company and its subsidiaries incorporated in India
included in the consolidated financial statements of
the company, to which the reporting under CARO is
applicable. We report that there are no qualifications or
adverse remarks in these CARO reports.
For M M NISSIM & CO. LLP
Chartered Accountants
Firm Reg. No. 107122W/W100672
N KASHINATH
Partner
Mem. No. 036490
UDIN: 23036490BGXRXP9499
Place: Chennai
Date: 3rd May, 2023
For SASTRI & SHAH
Chartered Accountants
Firm Reg. No. 003643S
CR KUMAR
Partner
Mem. No. 026143
UDIN: 23026143BGZEEG3060
Place: Chennai
Date: 3rd May, 2023
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