Page 2 - TCE Annual Report 2019-2020
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ANNUAL




                                       REPORT                                 2019-20

























            Approach to Reporting                             Management Review
            The Annual Report is aimed at meeting the information requirements   For optimal presentation of the information in the Report, the strategic
            of all our stakeholders, including investors, customers, suppliers,   framework, governance overview, performance and value-creation
            employees, contractors, competitors, press, analysts, the government   model are all perused by the Senior Management.
            and others.
                                                              Reporting Principle
            Materiality                                       Through the Report, we are attempting to present our ‘integrated
            The Report includes information which our Senior Management   thinking’ process by aligning our communication with the International
            believes, is material to our stakeholders and it presents an overview   Integrated Reporting <IR> Framework by the International Integrated
            of our businesses and associated activities that help in short, medium   Reporting Council (IIRC) and the Companies Act, 2013. The Report tries
            and long-term value creation. We have presented information around   to communicate a clear, concise, integrated story that explains how all
            our strategic approach and the Report also discusses what different   our resources are put together in creating value for the business and its
            capitals mean for the Company.                    stakeholders.

            Scope of the Report
            We have presented the information on all our business units in a fair,
            balanced and understandable manner. The performance disclosure is
            reported for the period FY 2019-20.

            Forward-looking Statement
            This annual report and other statements – written and oral – that we periodically make, contain forward-looking statements that set out
            anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using
            suitable words in connection with any discussion on future performance. We cannot guarantee that these forward looking statements will be
            realised, although we believe we have been prudent in our assumptions. The achievement of results is subject to risks, uncertainties and even
            inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual
            results could vary materially from those anticipated, estimated or projected. We undertake no obligation to publicly update any forward-looking
            statements, whether as a result of new information, future events or otherwise.



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