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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