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05. Information other than the Financial Statements
and Auditor’s Report thereon
a) The Board of Directors of the Company is
responsible for the other information. The other
information comprises the information included in
the letter to shareholders, operational highlights,
ǛŠîŠČĿîŕ ČĺîƑƥƙȡ 'ĿƑĚČƥūƑƙ ¤ĚƎūƑƥ îŠē Ŀƥƙ
annexure, Management Discussion and Analysis,
Corporate Governance Report, Business
Responsibility Report, Dividend Distribution Policy
and performance trend but does not include the
Standalone Financial Statements, Consolidated
Financial Statements and our Auditor’s Report
thereon.
b) Our opinion on the Standalone Financial
Statements does not cover the other information
and we do not express any form of assurance
conclusion thereon.
c) In connection with our audit of the Standalone
Financial Statements, our responsibility is to read
the other information and, in doing so, consider
whether the other information is materially
inconsistent with the Standalone Financial
Statements or our knowledge obtained during the
course of our audit or otherwise appears to be
materially misstated.
d) If, based on the work we have performed, we
conclude that there is a material misstatement of
this other information, we are required to report
that fact. We have nothing to report in this regard.
Management’s responsibility for the Standalone
Financial Statements
06. The Board of Directors of the Company is responsible
ljūƑ ƥĺĚ ŞîƥƥĚƑƙ ƙƥîƥĚē ĿŠ ¬ĚČƥĿūŠ ǧǩǪȳǫȴ ūlj ƥĺĚ Čƥ
with respect to the preparation of these Standalone
Financial Statements that give a true and fair view of
ƥĺĚ ǛŠîŠČĿîŕ ƎūƙĿƥĿūŠȡ ǛŠîŠČĿîŕ ƎĚƑljūƑŞîŠČĚ ĿŠČŕƭēĿŠij
ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚȡ Čîƙĺ ǜūDžƙ îŠē ČĺîŠijĚƙ
in equity of the Company in accordance with the Ind
AS and other accounting principles generally accepted
in India.
07. This responsibility also includes maintenance of
adequate accounting records in accordance with the
provisions of the Act for safeguarding the assets of
the Company and for preventing and detecting frauds
and other irregularities; selection and application of
appropriate accounting policies; making judgements
and estimates that are reasonable and prudent; and
design, implementation and maintenance of adequate
ĿŠƥĚƑŠîŕ ǛŠîŠČĿîŕ ČūŠƥƑūŕƙȡ ƥĺîƥ DžĚƑĚ ūƎĚƑîƥĿŠij
effectively for ensuring the accuracy and completeness
of the accounting records, relevant to the preparation
and presentation of the Standalone Financial
Statements that give a true and fair view and are free
from material misstatement, whether due to fraud or
error.
08. In preparing the Standalone Financial Statements,
Management is responsible for assessing the ability of
theCompany to continue as agoing concern, disclosing,
as applicable, matters related to going concern and
using the going concern basis of accounting unless
Management either intends to liquidate the Company
or to cease operations, or has no realistic alternative
but to do so.
The Board of Directors are also responsible for
ūDŽĚƑƙĚĚĿŠij ƥĺĚ ǛŠîŠČĿîŕ ƑĚƎūƑƥĿŠij ƎƑūČĚƙƙ ūlj ƥĺĚ
Company.
Auditor’s responsibility for the audit of the Standalone
Financial Statements
09. Our objectives are to obtain reasonable assurance
about whether the Standalone Financial Statements as
a whole are free from material misstatement, whether
due to fraud or error, and to issue an Auditor’s Report
that includes our opinion. Reasonable assurance
is a high level of assurance, but is not a guarantee
that an audit conducted in accordance with SAs will
always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are
considered material if, individually or in the aggregate,
ƥĺĚNj Čūƭŕē ƑĚîƙūŠîċŕNj ċĚ ĚNJƎĚČƥĚē ƥū ĿŠǜƭĚŠČĚ ƥĺĚ
economic decisions of users taken on the basis of
these Standalone Financial Statements.
ǧǦȦ
ƙ ƎîƑƥ ūlj îŠ îƭēĿƥ ĿŠ îČČūƑēîŠČĚ DžĿƥĺ ¬ ƙ ƙƎĚČĿǛĚē
ƭŠēĚƑ ¬ĚČƥĿūŠ ǧǪǩȳǧǦȴ ūlj ƥĺĚ Čƥȡ DžĚ ĚNJĚƑČĿƙĚ
professional judgement and maintain professional
skepticism throughout the audit. We also:
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