The Company's financial statements have been prepared in accordance with Indian Accounting Standards (Ind AS) as per the Companies (Indian Accounting Standards) Rules, 2015 notified under section 133 of Companies Act, 2013 and other relevant provisions of the Act. The Company's first financial statements is prepared in accordance with Indian Accounting Standards (Ind AS) and accordingly First-time adoption of Indian Accounting Standards Ind AS 101 has been applied.In preparing its Ind AS balance sheet as at April 1, 2019 and in presenting the comparative information for the year ended March 31, 2020, the Company has adjusted amounts reported previously in financial statements prepared in accordance with previous GAAP. The Revenue from operations and other income amounted to Rs. 1,641.77million in the year 2020-2021 as compared to Rs. 1,408.72million in the previous year 2019-2020 showing a growth of around 17%.

A. Conservation of energy &Technology absorption The company has been awarded the Green Interiors Certification by the Indian Green Building Council (IGBC). Latent View is the first office in Chennai to receive this prestigious certification with a platinum rating (highest in the category). A series of ongoing initiatives in energy and water conservation, waste segregation, improved air quality and innovation in design has helped us to make a positive impact to the environment and get this certification. The company is committed to create a healthy work environment for our employees and is mindful of creating an ecologically sustainable environment

A. Conservation of energy &Technology absorption The company has been awarded the Green Interiors Certification by the Indian Green Building Council (IGBC). Latent View is the first office in Chennai to receive this prestigious certification with a platinum rating (highest in the category). A series of ongoing initiatives in energy and water conservation, waste segregation, improved air quality and innovation in design has helped us to make a positive impact to the environment and get this certification. The company is committed to create a healthy work environment for our employees and is mindful of creating an ecologically sustainable environment.

B. Foreign Exchange Earnings & Outgo: The Foreign Exchange earned in terms on accrual basis during the year and the Foreign Exchange outgo during the year in terms of actual outflows: Particulars Rs. Million Foreign Exchange Earnings Rs. 1,316.39 Foreign Exchange Outgo Rs.0.05

23. Director's Responsibility Statement Pursuant to Section 134(5) of the Companies Act, 2013, your Directors state that: a. in the preparation of the Annual Accounts for the year ended March 31, 2021, the applicable Accounting Standards have been followed and there are no material departures from the same; b. they have 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 as at March 31, 2021 and of the profits of the Company for that year; c. they have 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; d. they have prepared the Annual Accounts of the Company on a going concern basis; e. they have laid down adequate internal financial controls to be followed by the Company and that such Internal Financial Controls are adequate and operating effectively; f. they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.