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and not be detected. Also, projections of any evaluation
of the Internal Financial Controls over financial reporting
to future periods are subject to the risk that the Internal
Financial Controls over financial reporting may become
inadequate because of changes in conditions, or that
the degree of compliance with the policies or procedures
may deteriorate.
Opinion
08. In our opinion, to the best of our information and
according to the explanations given to us, the Company
has, in all material respects, an adequate Internal Financial
Controls system over financial reporting and such Internal
Financial Controls over financial reporting were operating
effectively as at March 31, 2018, based on the internal
controls over financial reporting criteria established by
the Company considering the essential components of
internal controls stated in the Guidance Note issued by
the Institute of Chartered Accountants of India.
For Deloitte Haskins & Sells LLP
Chartered Accountants
Firm Registration Number: 117366W | W-100018
Samir R. Shah
Mumbai
Partner
April 27, 2018
Membership Number: 101708