| Description of state of companies affair State of the Company’s Affairs at the end of the year : Details regarding energy conservationThe information in accordance with the provisions of section 134(3)(m) of the Act, read with the Rule 8(3) of the Companies (Accounts) Rules 2014, regarding Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo etc. is annexed hereto as Annexure- C and forms part of this Report Details regarding technology absorptionThe information in accordance with the provisions of section 134(3)(m) of the Act, read with the Rule 8(3) of the Companies (Accounts) Rules 2014, regarding Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo etc. is annexed hereto as Annexure- C and forms part of this Report Details regarding foreign exchange earnings and outgoThe information in accordance with the provisions of section 134(3)(m) of the Act, read with the Rule 8(3) of the Companies (Accounts) Rules 2014, regarding Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo etc. is annexed hereto as Annexure- C and forms part of this Report Disclosures in director’s responsibility statementPursuant to section 134(5) of the Companies Act, 2013, your Directors hereby confirm that : (i) in the preparation of the annual accounts for the financial year ended 31st March, 2018, the applicable accounting standards had been followed along with proper explanation relating to material departures; (ii) the Directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and loss of the Company for that period; (iii) the Directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; (i) (iv) the Directors had prepared the annual accounts on a going concern basis, and (v) the Directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively. |