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22 Annual Report 2020-21
nd

ANNUAL

REPORT

2020-2021

APPROACH TO REPORTING
The Annual Report is aimed at meeting the information requirements of
all our Stakeholders, including Investors, Customers, Suppliers, Employees,
Contractors, Competitors, Press, Analysts, the Government and others.
MATERIALITY
The Report includes information that our Senior Management believes is
material to our Stakeholders and it presents an overview of our businesses
and associated activities that help in short, medium and long-term Value
Creation. We have presented information around our strategic approach, and
the Report also discusses what different capitals mean for the Company.
SCOPE OF THE REPORT
We have presented the information on all our business units in a fair, balanced
FORWARD-LOOKING STATEMENT
This Annual Report and other statements – written and oral – that we and understandable manner. The performance disclosure is reported for the
periodically make contain forward-looking statements that set out anticipated period FY 2020-21.
results based on the Management’s plans and assumptions. We have tried MANAGEMENT REVIEW
wherever possible to identify such statements using suitable words in For optimal presentation of the information in the Report, the Strategic
connection with any discussion on future performance. We cannot guarantee Framework, Governance Overview, Performance and Value Creation Model
that these forward-looking statements will be realised, although we believe we have all been perused by the Senior Management.
have been prudent in our assumptions. REPORTING PRINCIPLE
The achievement of results is subject to risks, uncertainties and even inaccurate Through the Report, we are attempting to present our ‘Integrated Thinking’
assumptions. Should known or unknown risks or uncertainties materialise, or process by aligning our communication with the International Integrated
should underlying assumptions prove inaccurate, actual results could vary Reporting (IR) Framework by the International Integrated Reporting Council
materially from those anticipated, estimated or projected. We undertake no (IIRC) and the Companies Act, 2013. The Report tries to communicate a clear,
obligation to publicly update any forward-looking statements, whether as a concise, integrated story that explains how all our resources create value for
result of new information, future events or otherwise. the business and its Stakeholders.

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