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Integrated Annual Report 2021-22
notice that has caused us to believe that the Act. The remuneration paid to any director is not in
representations under sub-clause (d) (i) and excess of the limit laid down under Section 197 of the
(d) (ii) contain any material misstatement. Act. The Ministry of Corporate Affairs has not prescribed
other details under Section 197(16) of the Act which are
e) The dividend declared or paid during the year by required to be commented upon by us.
the Company is in compliance with Section 123
of the Act. For B S R & Co. LLP
Chartered Accountants
(C) With respect to the matter to be included in the Firm’s Registration No: 101248W/W-100022
Auditor’s Report under Section 197(16) of the Act:
In our opinion and according to the information and Vijay Mathur
explanations given to us, the remuneration paid by the Partner
Company to its directors during the current year is in Mumbai Membership No: 046476
accordance with the provisions of Section 197 of the April 29, 2022 UDIN: 22046476AIAYFT9792
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