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Directors Reports
Hyundai Motor India Ltd.
 
March 2023

Details regarding foreign exchange earnings and outgo

Refer above Steps taken or impact on conservation of energy [Text block] in section 700600.

Disclosures in director’s responsibility statement

In compliance with the provisions of Section 134 (3) (c) of the Companies Act, 2013, relating to the Directors ' Responsibility Statement, the Directors hereby confirm that: - in the preparation of the accounts for the financial year ended 31st March 2023, the applicable accounting standards had been followed along with proper explanation relating to material departures if any; - the Directors had selected such accounting policies and applied them consistently and made judgements 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 31st March 2023 and of the profit of the Company for the year under review; - 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; and - the Directors had prepared the accounts for the financial year ended 31st March 2023 on a 'going concern' basis. - 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.

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