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Integrated Annual Report 2020-21
• Operational Risks are those risks that are associated account of inadequate compliance of regulations,
with operational uncertainties including failure in contractual obligations and intellectual property
critical equipment, attrition, loss of data from cyber- violations leading to litigation and loss of reputation.
attacks, etc.
• Financial Risks are risks faced by the organisation in
• Regulatory and Compliance Risks are risks on terms of internal systems, planning and reporting.
Cautionary Statement
Statements in the Management Discussion and Analysis describing the objectives, projections, estimates and expectations of the Company, its
direct and indirect subsidiaries and its associates, may be ‘forward-looking statements’ within the meaning of applicable laws and regulations.
Actual results might differ substantially or materially from those expressed or implied. Important factors that could make a difference to the
Company’s operations include, among others, economic conditions affecting demand/supply, price conditions in the domestic and overseas
markets in which the Company operates, changes in the Government regulations, tax laws and other statutes and incidental factors.
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