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Fortis Malar Hospitals Ltd.

BSE: 523696 Sector: Health care
NSE: N.A. ISIN Code: INE842B01015
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NSE 05:30 | 01 Jan Fortis Malar Hospitals Ltd
OPEN 47.80
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VOLUME 227
52-Week high 60.00
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P/E
Mkt Cap.(Rs cr) 90
Buy Price 48.10
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Sell Price 50.00
Sell Qty 1331.00
OPEN 47.80
CLOSE 50.00
VOLUME 227
52-Week high 60.00
52-Week low 34.50
P/E
Mkt Cap.(Rs cr) 90
Buy Price 48.10
Buy Qty 93.00
Sell Price 50.00
Sell Qty 1331.00

Fortis Malar Hospitals Ltd. (FORTISMALAR) - Auditors Report

Company auditors report

To the Members of Fortis Malar Hospitals Limited

Report on the Audit of the Standalone Financial Statements

Opinion

We have audited the standalone financial statements of Fortis MalarHospitals Limited ("the Company") which comprise the standalone balancesheet as at 31 March 2020 and the standalone statement of profit and loss (includingother comprehensive income) standalone statement of changes in equity and standalonestatement of cash flows for the year then ended and notes to the standalone financialstatements including a summary of the significant accounting policies and otherexplanatory information (hereinafter referred to as "the standalone financialstatements").

In our opinion and to the best of our information and according to theexplanations given to us the aforesaid standalone financial statements give theinformation required by the Companies Act 2013 ("Act") in the manner sorequired and give a true and fair view in conformity with the accounting principlesgenerally accepted in India of the state of affairs of the Company as at 31 March 2020and loss and other comprehensive income changes in equity and its cash flows for the yearended on that date.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing(SAs) specified under section 143(10) of the Act. Our responsibilities under those SAs arefurther described in the Auditor's Responsibilities for the Audit of the StandaloneFinancial Statements section of our report. We are independent of the Company inaccordance with the Code of Ethics issued by the Institute of Chartered Accountants ofIndia together with the ethical requirements that are relevant to our audit of thestandalone financial statements under the provisions of the Act and the Rules thereunderand we have fulfilled our other ethical responsibilities in accordance with theserequirements and the Code of Ethics. We believe that the audit evidence we have obtainedis sufficient and appropriate to provide a basis for our opinion on the Standalonefinancial statements.

Key Audit Matters

Key audit matters ('KAMO are those matters that in our professionaljudgment were of most significance in our audit of the standalone financial statements ofthe current period. These matters were addressed in the context of our audit of thestandalone financial statements as a whole and in forming our opinion thereon and we donot provide a separate opinion on these matters.

Description of Key Audit Matter

Impact of COVID 19 on Going concern (refer note 43 45 and 46 tothe standalone financial statements)

The Key Audit Matter How the matter was addressed in our audit
on 11 March 2020 the World Health organization declared the Novel Coronavirus (CoVID-19) outbreak to be a pandemic. In view of the significance of the matter we applied the following audit procedures in this area among others to obtain sufficient appropriate audit evidence:
The Indian Government has taken a series of measures to contain the outbreak which included imposing multiple 'lock-downs' across the country from 22 March 2020 onwards. The lockdowns and restrictions imposed on various activities due to COVID-19 pandemic have posed challenges and disruption to the businesses of the Company. • Obtained understanding of the key controls relating to the Company's forecasting process.
• Obtained and understood from the management the impact of COVID-19 pandemic and the lockdown on the business and operations of the Company.
• Obtained and understood from the management the key assumptions used by management in the cash flow projections. Assessed and challenged the key assumptions used by management in the cash flow projections (including forecast revenue occupancy ratio cash flows from loans to related parties doctor fees and rental expenses etc.) and evaluating whether there were any indicators of management bias by comparing the key assumptions where possible to budgets reviewed by management historical trends and other externally available information.
COVID-19 in addition to the litigations specifically relating to hospital building and the proposed loan to the parent company has been identified as a triggering event that may cast significant doubt on entity's ability to continue as a going concern. The Company has assessed the impact of existing and anticipated effects of COVID-19 on the future cash flow projections. Management plan for future actions relating to its going concern assessment / cash flow projections may be unreasonable or insufficient including plans relating to revenue / gross margin targets reduce / delay expenditure maintaining current ratio exercising call option on the proposed loan alternate business plan adequate related disclosures in the standalone financial statements.
• Performed sensitivity analyses of the key assumptions (including forecast revenue occupancy ratio cash flows from loans to related parties doctor fees and rental expenses etc.) adopted in the cash flow forecast prepared by management and assessed the impact on the conclusions of the going concern assessment.
• Assessed the related disclosures in the standalone financial statements with reference to adequacy and compliance in accordance with the requirements of relevant accounting standards in respect of management's assessment of going concern assumption.
In view of uncertainties outlined above we identified going concern as a key audit matter due to the significant judgements involved in the cash flow projections.

Litigations and claims (refer note 34 and 45 to the standalonefinancial statements)

The Key Audit Matter How the matter was addressed in our audit
The Company is involved in various litigations and claims including those relating to medical matters taxation matters deviations in the construction of the hospital building. In view of the significance of the matter we applied the following audit procedures in this area among others to obtain sufficient appropriate audit evidence:
• Understanding and assessing the internal control environment relating to the identification recognition and measurement of provisions for disputes potential claims and litigation and contingent liabilities.
We identified litigation and claims as a key audit matter due to the significance of these amounts judgement and the assumptions made by the management in assessing the exposure on each case and relevant disclosures thereof in the standalone financial statements.
• Obtaining the details of legal and tax disputed/ claim matters and evaluation made by the management and assessed management's position through discussions on both the probability of success in significant cases and the magnitude of any potential loss.
• Obtained and read external legal opinions and other evidence / correspondence obtained by the management to corroborate management's assessment of the risk profile in respect of legal and tax disputed/ claim matters.
• Considered the effect of new information in respect of litigation and claims post 1 April 2020 till the date of signing of the report to evaluate any change required in the Company's position on the litigation and claims as at 31 March 2020.
• We involved our tax specialists to assist us in evaluating tax demands/ claims related positions taken by management.
• Assessed the relevant disclosures made in the standalone financial statements for adequacy and compliance in accordance with the requirements of relevant accounting standards.

Related party transactions (refer note 32 and 43 to the standalonefinancial statements)

The Key Audit Matter How the matter was addressed in our audit
Related party transactions are regulated under SEBI (Listing obligations and Disclosure Requirements) Regulations 2015 as well as Companies Act 2013. In addition the relevant accounting standards require specific compliance and disclosures of related parties and transactions with them to be made in the standalone financial statements. In view of the significance of the matter we applied the following audit procedures in this area among others to obtain sufficient appropriate audit evidence:
• obtain an understanding of the Company's related party relationships and transactions.
• obtained a list of related party relationships and significant related party transactions from the management. Made inquiries of management regarding the identity of the related parties including changes from the prior year and the nature of relationships and of the transactions with them. We also maintained alertness regarding related party information when examining records or documents regarding undisclosed related party relationships or transactions.
We have identified the related party transactions as a key audit matter due to the significance of the amounts given as loans to related parties recoverability of such loans and risk of noncompliance with various regulations. Also a substantial portion of the expenses (clinical establishment expenses etc.) are paid to related parties.
• evaluated the design implementation and operating effectiveness of key controls over identification and authorization of significant related party transactions.
• obtained confirmation from related party with respect to transactions and balances and evaluated the management's assessment on the recoverability of the loans to related parties as and when they fall due. performed substantive procedures to check the completeness of expenditure and interest income.
• evaluated compliance of such related party transactions with the relevant accounting standard and applicable laws and regulations.
• Assessed the adequacy and appropriateness of the disclosures made in accordance with the relevant accounting standard and applicable laws and regulations.

Other Information

The Company's management and Board of Directors are responsible for theother information. The other information comprises the information included in theCompany's annual report but does not include the standalone financial statements and ourauditors' report thereon. the Company's annual report is expected to be made available tous after the date of this auditor's report.

our opinion on the standalone financial statements does not cover theother information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the standalone financial statementsour responsibility is to read the other information identified above when it becomesavailable and in doing so consider whether the other information is materiallyinconsistent with the standalone financial statements or our knowledge obtained in theaudit or otherwise appears to be materially misstated.

When we read the Company's annual report if we conclude that there isa material misstatement of this other information we are required to communicate thematter to those charged with governance and take necessary actions as required under theapplicable laws and regulations.

Management's and Board of Directors' Responsibility for the StandaloneFinancial Statements

the Company's Management and Board of Directors are responsible for thematters stated in section 134(5) of the Act with respect to the preparation of thesestandalone financial statements that give a true and fair view of the state of affairsprofit / loss and other comprehensive income changes in equity and cash flows of theCompany in accordance with the accounting principles generally accepted in Indiaincluding the Indian Accounting Standards (Ind AS) specified under section 133 of the Act.this responsibility also includes maintenance of adequate accounting records in accordancewith the provisions of the Act for safeguarding of the assets of the Company and forpreventing and detecting frauds and other irregularities; selection and application ofappropriate accounting policies; making judgments and estimates that are reasonable andprudent; and design implementation and maintenance of adequate internal financialcontrols that were operating effectively for ensuring accuracy and completeness of theaccounting records relevant to the preparation and presentation of the standalonefinancial statements that give a true and fair view and are free from materialmisstatement whether due to fraud or error.

In preparing the standalone financial statements the Management andBoard of Directors are responsible for assessing the Company's ability to continue as agoing concern disclosing as applicable matters related to going concern and using thegoing concern basis of accounting unless the Board of Directors either intends toliquidate the Company or to cease operations or has no realistic alternative but to doso.

The Board of Directors is also responsible for overseeing the Company'sfinancial reporting process.

Auditor's Responsibilities for the Audit of the Standalone FinancialStatements

our objectives are to obtain reasonable assurance about whether thestandalone financial statements as a whole are free from material misstatement whetherdue 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 auditconducted in accordance with SAs will always detect a material misstatement when itexists. Misstatements can arise from fraud or error and are considered material ifindividually or in the aggregate they could reasonably be expected to influence theeconomic decisions of users taken on the basis of these standalone financial statements.

As part of an audit in accordance with SAs we exercise professionaljudgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of thestandalone financial statements whether due to fraud or error design and perform auditprocedures responsive to those risks and obtain audit evidence that is sufficient andappropriate to provide a basis for our opinion. the risk of not detecting a materialmisstatement resulting from fraud is higher than for one resulting from error as fraudmay involve collusion forgery intentional omissions misrepresentations or the overrideof internal control.

• obtain an understanding of internal control relevant to theaudit in order to design audit procedures that are appropriate in the circumstances. undersection 143(3)(i) of the Act we are also responsible for expressing our opinion onwhether the company has adequate internal financial controls with reference to financialstatements in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and thereasonableness of accounting estimates and related disclosures in the standalone financialstatements made by the Management and Board of Directors.

• Conclude on the appropriateness of the Management and Board ofDirectors use of the going concern basis of accounting and based on the audit evidenceobtained whether a material uncertainty exists related to events or conditions that maycast significant doubt on the Company's ability to continue as a going concern. If weconclude that a material uncertainty exists we are required to draw attention in ourauditor's report to the related disclosures in the standalone financial statements or ifsuch disclosures are inadequate to modify our opinion. our conclusions are based on theaudit evidence obtained up to the date of our auditor's report. However future events orconditions may cause the Company to cease to continue as a going concern.

• evaluate the overall presentation structure and content of thestandalone financial statements including the disclosures and whether the standalonefinancial statements represent the underlying transactions and events in a manner thatachieves fair presentation.

We communicate with those charged with governance regarding amongother matters the planned scope and timing of the audit and significant audit findingsincluding any significant deficiencies in internal control that we identify during ouraudit.

We also provide those charged with governance with a statement that wehave complied with relevant ethical requirements regarding independence and tocommunicate with them all relationships and other matters that may reasonably be thoughtto bear on our independence and where applicable related safeguards.

From the matters communicated with those charged with governance wedetermine those matters that were of most significance in the audit of the standalonefinancial statements of the current period and are therefore the key audit matters. Wedescribe these matters in our auditors' report unless law or regulation precludes publicdisclosure about the matter or when in extremely rare circumstances we determine that amatter should not be communicated in our report because the adverse consequences of doingso would reasonably be expected to outweigh the public interest benefits of suchcommunication.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditors' Report) Order 2016("the Order") issued by the Central Government in terms of section 143 (11) ofthe Act we give in the "Annexure A" a statement on the matters specified inparagraphs 3 and 4 of the Order to the extent applicable.

2. (A) As required by Section 143(3) of the Act we report that:

a) We have sought and obtained all the information and explanationswhich to the best of our knowledge and belief were necessary for the purposes of ouraudit.

b) In our opinion proper books of account as required by law have beenkept by the Company so far as it appears from our examination of those books

c) The standalone balance sheet the standalone statement of profit andloss (including other comprehensive income) the standalone statement of changes in equityand the standalone statement of cash flows dealt with by this Report are in agreement withthe books of account.

d) In our opinion the aforesaid standalone financial statements complywith the Ind AS specified under section 133 of the Act.

e) On the basis of the written representations received from thedirectors as on 31 March 2020 taken on record by the Board of Directors none of thedirectors is disqualified as on 31 March 2020 from being appointed as a director in termsof Section 164(2) of the Act.

f) With respect to the adequacy of the internal financial controls withreference to financial statements of the Company and the operating effectiveness of suchcontrols refer to our separate Report in "Annexure B".

(B) With respect to the other matters to be included in the Auditors'Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 inour opinion and to the best of our information and according to the explanations given tous:

i. The Company has disclosed the impact of pending litigations as at 31March 2020 on its financial position in its standalone financial statements - Refer Note34 and Note 45 to the standalone financial statements

ii. The Company did not have any long-term contracts includingderivative contracts for which there were any material foreseeable losses;

iii. There were no amounts which were required to be transferred to theInvestor Education and Protection Fund by the Company;

iv. The disclosures in the standalone financial statements regardingholdings as well as dealings in specified bank notes during the period from 8 November2016 to 30 December 2016 have not been made in these standalone financial statements sincethey do not pertain to the financial year ended 31 March 2020.

(C) With respect to the matter to be included in the Auditors' Reportunder section 197(16):

In our opinion and according to the information and explanations givento us the remuneration paid by the company to its directors during the current year is inaccordance with the provisions of Section 197 of the Act. The remuneration paid to anydirector is not in excess of the limit laid down under Section 197 of the Act. TheMinistry of Corporate Affairs has not prescribed other details under Section 197(16) whichare required to be commented upon by us.

 

for B S R & Co. LLP

Chartered Accountants Firm's Registration Number: 101248W/W-100022

Harsh Vardhan Lakhotia
Partner
place: Chennai Membership No. 222432
Date: 12 June 2020 ICAI UDIN: 20222432AAAAAR6698

Annexure A to the Independent Auditor's Report to the members of FortisMalar Hospitals Limited for the year ended 31 March 2020

With reference to the Annexure referred to in paragraph 1 in Report onOther Legal and Regulatory Requirements of the Independent Auditor's Report to the membersof the Company on the standalone financial statements for the year ended 31 March 2020 wereport that:

(i) (a) The Company has maintained proper records showing fullparticulars including quantitative details and situation of fixed assets.

(b) the Company has a programme of physical verification of its fixedassets by which all fixed assets are verified every year. In our opinion this periodicityof physical verification is reasonable having regard to the size of the Company and thenature of its assets. According to the information and explanations given to us nomaterial discrepancies were noticed on such verification.

 

(c) the Company does not have any immovable properties offreehold or leasehold land and building. Accordingly paragraph 3(i)(c) of the order isnot applicable.

(ii) the inventories has been physically verified by the managementduring the year. In our opinion the frequency of verification is reasonable and adequateto the size of the Company and the nature of its business. the discrepancies noticed onphysical verification during the year were not material and have been properly dealt within the books of account.

(iii) According to the information and explanations given to us theCompany has granted unsecured loans to companies covered in the register maintained undersection 189 of the Companies Act 2013 in respect of which:

(a) the terms and conditions of the grant of such loans as applicableare in our opinion prima facie not prejudicial to the Company's interest.

(b) the schedule of repayment of principal and payment of interest hasbeen stipulated and repayments or receipts of principal amounts and interest have beenregular as per applicable stipulations

(c) there is no overdue amount remaining outstanding as at the balancesheet date.

(iv) According to the information and explanations given to us theCompany has complied with the provisions of Section 185 and 186 of the Companies Act 2013in respect of loans investments guarantees and security as applicable.

(v) According to the information and explanations given to us theCompany has not accepted deposits as mentioned in the directives issued by Reserve Bank ofIndia and the provisions of sections 73 to 76 or any other relevant provisions of theCompanies Act 2013 and the rules framed thereunder. Accordingly paragraph 3(v) of theorder is not applicable.

(vi) We have broadly reviewed the books of account maintained by theCompany pursuant to the rules prescribed by the Central Government for maintenance of costrecords under section 148(1) of the Companies Act 2013 in respect of provision ofservices and are of the opinion that prima facie the prescribed accounts and records havebeen made and maintained. However we have not made a detailed examination of the recordswith a view to determine whether they are accurate or complete.

(vii) (a) According to the information and explanations given to us andon the basis of our examination of the records of the

Company amounts deducted / accrued in the books of account in respectof undisputed statutory dues including provident fund employees' state insurance incometax goods and services tax and other material statutory dues have been generallyregularly deposited during the year by the Company with the appropriate authorities. Asexplained to us the Company did not have any dues on account of service tax sales taxduty of customs duty of excise value added tax and cess.

According to the information and explanations given to us noundisputed amounts payable in respect of provident fund employees' state insuranceincome-tax sales-tax service tax goods and services tax duty of customs duty ofexcise value added tax cess and other material statutory dues were in arrears as at 31March 2020 for a period of more than six months from the date they became payable.

(b) According to the information and explanations given to us thefollowing income tax due have not been deposited with the appropriate authorities onaccount of dispute:

Name of the statute Nature of dues Forum where dispute is pending Period to which amount relates to Amount involved (?) Amount unpaid (?)
Income tax Act 1961 Income tax Honourable High Court of Madras FY 2009-10 2267402 2267402
tamil Nadu Value Added tax Act 2006 Value Added tax Honourable High Court of Madras FY 2008-09 to FY 2011-12 25493296 25493296

(viii) According to the information and explanations given to us theCompany has not taken any loan or borrowings from financial institutions banks andGovernment or has not issued any debentures. Accordingly paragraph 3(viii) of the orderis not applicable.

(ix) According to the information and explanations given to us theCompany has not raised any money by way of initial public offer or further public offer(including debt instruments) and term loans during the year.

(x) According to the information and explanations given to us no fraudby the Company or on the Company by its officers or employees has been noticed or reportedduring the course of our audit

(xi) In our opinion and according to information and explanations givento us the Company has paid/provided managerial remuneration in accordance with therequisite approvals mandated by the provision of Section 197 read with Schedule V to theCompanies Act 2013.

(xii) In our opinion and according to the information and explanationsgiven to us the Company is not a Nidhi Company. Accordingly paragraph 3 (xii) of theorder is not applicable.

(xiii) According to the information and explanations given to us and onthe basis of our examination of the books of account of the Company transactions with therelated parties are in compliance with Section 177 and 188 of the Act where applicable anddetails of such transactions have been disclosed in the financial statements as requiredby the applicable accounting standards.

(xiv) According to the information and explanations given to us andbased on our examination of the records of the Company the Company has not made anypreferential allotment or private placement of shares or fully or partly convertibledebentures during the year. Accordingly paragraph 3(xiv) of the order is not applicable.

(xv) According to the information and explanations given to us andbased on our examination of the records of the Company the Company has not entered intonon-cash transactions with directors or persons connected with him. Accordingly paragraph3(xv) of the order is not applicable.

(xvi) The Company is not required to be registered under section 45-IAof the Reserve Bank of India Act 1934.

 

for B S R & Co. LLP

Chartered Accountants Firm's registration number: 101248W /W-100022

Harsh Vardhan Lakhotia
Partner
place: Chennai Membership No. 222432
Date: 12 June 2020 ICAI uDIN: 20222432AAAAAR6698

Annexure B to the Independent Auditors' report on the standalonefinancial statements of Fortis Malar Hospitals Limited for the year ended 31 March 2020.

Report on the internal financial controls with reference to theaforesaid standalone financial statements under Clause (i) of Sub-section 3 of Section 143of the Companies Act 2013

(Referred to in paragraph 2(f) under 'Report on Other Legal andRegulatory Requirements' section of our report of even date)

Opinion

We have audited the internal financial controls with reference tofinancial statements of Fortis Malar Hospitals Limited ("the Company") as of 31March 2020 in conjunction with our audit of the standalone financial statements of theCompany for the year ended on that date.

In our opinion the Company has in all material respects adequateinternal financial controls with reference to financial statements and such internalfinancial controls were operating effectively as at 31 March 2020 based on the internalfinancial controls with reference to financial statements criteria established by theCompany considering the essential components of internal control stated in the GuidanceNote on Audit of Internal Financial Controls Over Financial Reporting issued by theInstitute of Chartered Accountants of India (the "Guidance Note").

Management's Responsibility for Internal Financial Controls

The Company's management and the Board of Directors are responsible forestablishing and maintaining internal financial controls based on the internal financialcontrols with reference to financial statements criteria established by the Companyconsidering the essential components of internal control stated in the Guidance Note.These responsibilities include the design implementation and maintenance of adequateinternal financial controls that were operating effectively for ensuring the orderly andefficient conduct of its business including adherence to company's policies thesafeguarding of its assets the prevention and detection of frauds and errors theaccuracy and completeness of the accounting records and the timely preparation ofreliable financial information as required under the Companies Act 2013 (hereinafterreferred to as "the Act").

Auditors' Responsibility

Our responsibility is to express an opinion on the Company's internalfinancial controls with reference to financial statements based on our audit. We conductedour audit in accordance with the Guidance Note and the Standards on Auditing prescribedunder section 143(10) of the Act to the extent applicable to an audit of internalfinancial controls with reference to financial statements. Those Standards and theGuidance Note require that we comply with ethical requirements and plan and perform theaudit to obtain reasonable assurance about whether adequate internal financial controlswith reference to financial statements were established and maintained and whether suchcontrols operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence aboutthe adequacy of the internal financial controls with reference to financial statements andtheir operating effectiveness. Our audit of internal financial controls with reference tofinancial statements included obtaining an understanding of such internal financialcontrols assessing the risk that a material weakness exists and testing and evaluatingthe design and operating effectiveness of internal control based on the assessed risk. Theprocedures selected depend on the auditor's judgement including the assessment of therisks of material misstatement of the standalone financial statements whether due tofraud or error.

We believe that the audit evidence we have obtained is sufficient andappropriate to provide a basis for our audit opinion on the Company's internal financialcontrols with reference to financial statements.

Meaning of Internal Financial controls with Reference to StandaloneFinancial Statements

A company's internal financial controls with reference to financialstatements is a process designed to provide reasonable assurance regarding the reliabilityof financial reporting and the preparation of financial statements for external purposesin accordance with generally accepted accounting principles. A company's internalfinancial controls with reference to financial statements include those policies andprocedures that (1) pertain to the maintenance of records that in reasonable detailaccurately and fairly reflect the transactions and dispositions of the assets of thecompany; (2) provide reasonable assurance that transactions are recorded as necessary topermit preparation of financial statements in accordance with generally acceptedaccounting principles and that receipts and expenditures of the company are being madeonly in accordance with authorisations of management and directors of the company; and (3)provide reasonable assurance regarding prevention or timely detection of unauthorisedacquisition use or disposition of the company's assets that could have a material effecton the financial statements.

Inherent Limitations of Internal Financial controls with Reference toStandalone Financial Statements

Because of the inherent limitations of internal financial controls withreference to financial statements including the possibility of collusion or impropermanagement override of controls material misstatements due to error or fraud may occurand not be detected. Also projections of any evaluation of the internal financialcontrols with reference to financial statements to future periods are subject to the riskthat the internal financial controls with reference to financial statements may becomeinadequate because of changes in conditions or that the degree of compliance with thepolicies or procedures may deteriorate.

 

for B S R & Co. LLP

 

Chartered Accountants Firm's registration number: 101248W /W-100022

Harsh Vardhan Lakhotia
Partner
place: Chennai Membership No. 222432
Date: 12 June 2020 ICAI uDIN: 20222432AAAAAR6698