suzlon annual report 2016-17


Should you need any specific information related to investments and finances, please reach our SEBI mandates transfer of securities only in dematerialised mode (Notification Allotment of 51,19,92,560 equity shares to FCCB holders. At the forefront of India’s renewable energy efforts, with number one position in the wind energy sector, Suzlon is emerging as the ‘foremost flag-bearer’ of the green energy sector.
282.99. The Board of Directors has approved the CSR policy which is available on the Company''s website (www.suzlon.com). The overall wind industry installations plummeted from 5,400 MW in FY17 to 1,766 MW in FY18 (32% of FY17 942.41.

2016-17. Disclosure under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 2016-17. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the standalone financial statements are free from material misstatement.An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the standalone financial statements. Allotment of Securities of the Company on preferential basis. other organizations to create greater impact in Suzlon’s neighborhood villages. Suzlon Energy Detailed director reports covering Suzlon Energy Financial Results and Performance report. 1,423.16. (iii) The Company has not granted any loans, secured or unsecured, to companies, firms, Limited Liability Partnerships or other parties covered in the register maintained under section 189 ofthe Act. Disclosure under Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 In our opinion and according to the information and explanations given to us, the Company has complied with the provisions of Sections 186 of the Act in respect of grant of loans, making investments and providing guarantees and securities, as applicable. Annual Report. h�Tʱ Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting were established and maintained and if such controls operated effectively in all material respects.Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness. (x) Tothe best of our knowledge and according to the information and explanations given to us, no fraud by the Company and no material fraud on the Company by its officers or employees has been noticed or reported during the year. On my part I encourage the employees of Suzlon to volunteer and share in the efforts to make a difference. A company’s internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of standalone financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures ofthe company are being made only in accordance with authorisations of management and directors ofthe company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition, use, or disposition ofthe company’s assets that could have a material effect on the standalone financial statements.Because ofthe inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected.
(Referred to in paragraph 2 under’Report on Other Legal and Regulatory Requirements’section of our report of even date)(i) In respect of its property plant and equipment / fixed assets:(a) The Company has maintained proper records showing full particulars, including quantitative details and situation of property plant and equipment/fixed assets. (xvi) The Company is not required to be registered under section 45-IA ofthe Reserve Bank of India Act, 1934. 16.47. ANNUAL REPORT 2016-17 POWERGRID www.powergridindia.com Team Spirit leads to Innovation and Innovation leads to Growth. View auditor’s report of the various companies, comments of auditors, annexure to the auditor’s report Reproduction of news articles, photos, videos or any other content in whole or in part in any form 2016-17. Suzlon, as a leader in the sector, is perfectly poised to tap the huge potential for new business – and create immense shareholder value. 9714 0 obj <>stream Outcome of the Board Meeting dated 6th July 2020 2016-17.

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