kv4 - bank.sbi
TRANSCRIPT
SIATE BANK OF INDIACORPORATE CENTRE, NARIMAN POINT, MUMBAI .4OO O2I
UNAUDITED FINANCIAT RESUTTS FOR THE QUARTER ENDED JUNE 30, 2O2Iin crore)
Slqndolone gonsolidoled
Yeor ended30-06.202r 31.m.2021 30_06-2020 31.o3 202r 3t.03.2021 N.O6.2U20 3l.mro2l
s.No- Podlculors
(llnoudlledl (Audltedl I lJnoudiledl (AudlHl I llno udltatll66.5m.38 2_65.t50-63
(o] lnleresl/ dlscounl on ddvonces/ bills 4l . i 43-53 40.213.71 44.101.tl 1,71,429.14 42.472.23 41.256.67 45.711.40 1.76.780.19(b) on 20.369.83 20,376.88 18.705.48 7?.AOA.O9 22.349.O8 22.t57.22 20,483.60 87.130.62(c) on bolonces wllh ol lndiq qnd olher inler-bonk funds 1.035.07 1.365.93 1.794.42 4.317.53 r,r03.07 1.133.71 r,836.35 4.541.43(d) Ollrers 3,016.00 3,145.12 1.8?9.37 9,595.87 3.035.57 3. r 8s.03 1.904.62 9.663.24
Olher income 11 ffia]L 1A 225 3' 7 0a7 aa 41.?56.64 21.{5.99 35,397.98 r8.M4.36 I _G5_855-r 477.347-17 81.32&-96 7 3.43.970.62
39,858.82 1.51.110.63 34.219.O9 3a.38a-a2 40.30r -32 I 56 0lO l720.466-35 23.592,17 14O77 L9 82,652.22 1.50.429.60
(q) Employee cosl 12,538.29 r 3,382.78 I 1.865.06 50,936.00 r 3.4r 5.04 14.240.12 12.6s8.22 54.330.83(b) lo Buslness 11 .419.40 t7.570.56 9.31O.44 58,3?7.02(c) Olher operoli4g expenses 7.928.06 10.209.39 6,212.63 31.716.22 9.353. r 5 12.053.08 7.306.41 37.701.75
IOIAI. EXPENDIIURE 57 936.51 72-436.64 42.252-54 6t-576-39 3.06.139.77
of wrlleond 10.05r.96 I r.05i.03 r 2,50r .30 44.0i 3.03 r 0,5r 0.24 't t,5t 6.zl 12.562.76 46.102.16which for osels s.o29.79 9.914.23 9.420.46 27.244.35 5.489.44 11 .177.41 9.620.39 29732A5
Exceplionol llems t,5Jv-/J 1,539.73 1,367.27 1.367.27rRofITox 2.418.86 2.1?8.37 1.370.44 7.130.65 2.780.80 2.391.10 2.008.96 8.516.25
4_189.34 20.110.17 7.53922 7.270.25 5_203-19 21.279.71of loxilems
FOR TI{E 6 so..OO 6 1150 75 t a9 3t ,n aln a7 7 539 7' 7 77lJ25 5 203 49 ,4179 71
1t3,37 - 77.5.08 63.96 - 391.90ly lnlerest 322.64 369.65 tl90-95
2345
67
8
?
l0ll12
l3r4l5l677
I
ET INIERESI 4.189.34 20.410.17 7 6.125.52loce volue of ? l/- eocl 492.46 492.46 492.46 492.46 492.46 492.46 892.46 892.46
revoluolion reservesReserYes 2,29,405.38 ,o91.7
(i) 56.9m s6.9201 56.927,of shores held of lndio 56.92% 56.92% 56.92% 56.927, 56.9291
rolio 13.66% 13.74% 't3.40%: 13.747,
10.o28(o) CEI I rqlio 9.91% 10.o2% 10.147.
(iD
[b) Addilionollier I ]olio 1.41% 1.4:27. 1.217" 1.427<
shore6.86 25.1 17.29 4.69(o) Bosic ond diluted EPS before bdroordinory ilems (nel of lox expense)
(Quorler numbers nol onnuollsed'l6.86 25.1 I
(iii)
(b) Bosic ond diluled EPS ofter Exhqordinory ilems (nel of lqx expense)(Quorler numbers nol dnnuolisedl
NPA
of ossels .48 1,26,389.02 1 .29,660.69 \.26.389.02
36.809.72 42.703.63 36,809.72(b) Amounl of nel non-performing ossels 43.t52.52(c) %ofgrossNPAs 5.32% 4.98% 5.441 4.98%
(iv)
1.50% 1.867, 150%(d) % of net NPAS
l8l920
(v) o 42% oAa%Relurn on ossels (Nel Assets bosis-Annuollsed) 0.57% 0.s8%
kv4 I
STAIE BANK OF INDIACORPORATE CENTRE. NARIMAN POINT, MUMBAI - 4OO O2I
UNAUDITED SEGMENTWISE REVENUE, RESUtTS, ASSETS & TIABITITIES
Ymr ended Quorier ended30.06.2021 31.03.2021 n.o -2020 3l.03.APl 30.06.202r 31_Gt_2dlr 31.03.2021
s.No. Pqdiculors
o 26.071.71 .33 ?1.916.7? 26.0?2.61 23,264.25 9i.032.s0b Wholesole 19.279.50 23.767.04 19.007.87 81.742.12 19.607 .55 24.'31.80 19.340.52 83.O73.O7c Relqil 3r.886.8r 33.840. r s 3i .8i 1.49 1,31,783.02 3t.?71.?1 33.942.8s 31 .891.44 1.32.094.86d 12.611.74 i 9_354-04 10,758.36 64,569-16e Olher 3.507.54 3.550.55 3.211.9? 14.647.06f l09.rs 1.036.37 87.17 |,625.34 I 14.03 1 .O37.17 94.79 1.65r.31
Revenue 77 3r7,17 3-O7.107 -27 93_90s.38 1,U,272.{ 88.56r.35[ess: lnler Revenue 638.44 841.66 577.O2 3.097.34
I
evenue 71.157-46 3.O7.10727 93.266-91
o 3,172.34 3,8f7.29 15.56r -38 7 1 1.62o (ii) Exceolionol ilems t.539.73 I .539.73 1,367.27 1,367.27o 7 .O77.30 3.172.34 5.427.02 l7.r 01.1 I 7,003.4r 2.641.62 4.910.9A 15.760.24
b 4.451.26 4.640.46 3.608.33 5.1 49.19 4.540.42 4.;95.69 - 3,58r.35 5.273.34c - 1.383.69 I .413.t I 4.9c'4.49 9,148.8 - r.359.55 1.144.37 4.930.r I 9.51 l.4td lnsuronce Business 308.09 631.51 799.54 2.337.97e Olher i .0t 9.40 to4.88 1,3r 7.30 3,952.1 0f Unollocoled - 1,222.01 - 576.79 1,1 53.40 - 4,157 .56 1 ,192.15 - 156.72 - 1.164.13 - 4.039.14
Aclivilies .35 7.212.15 32-795.96[ess: Tqx 2.418.86 2.198.37 1.370.44 7.130.65 2.7ffi.80 2.391.t 0 [email protected] 8.516.25
Less:
Nel 6_504.m 6.450_7s 1149.! 20.410.47 7.539.22Shore in of 163.37 -;25.08 65.v6 - 39r.90
less: 322.68 369.65 490.95 1.482.36
2
Net 6,504.00 6.450.75 4,189.9 20,110.47 7,37?.?1 6,125.52 4,776.50 22,&5.45
d l r r r.55 .60 I -44 .86 14.52.023.37b I i.55.086.09 1 1 .97 .649 .9 1 I I .39.154.28 11 .97 .649 .91 1t .79 .455.44 12.21.624.66 11 .62.28A.73 12.21.624.66c 17,70,306.42 18.15.024.48 15.62.147.26 18,1s,o24.48 17.7 6.503.65 I 8.1 9,067.05 r 5,65,337.54 t8,19.067.05d lnsuronce Business 2.46.190.26 2.37.323.29 1.A8.265.99 2.37,323.29e 47.560.59 46.307.46 44.815.45 46.307.46t Unollocoled 47.590.93 6A.643.69 56.612.43 68.643.69 48.355.48 6?.272.72 57.204.79 69,272.72
3
Tolol 45.57.OO5-65 45.u.129-63 11.17.931-57 15.31.429-63 48.80-594.86 48_tts.618.55
o Treosury operolions 14.01 .635.68 13.26.432.08 12.03.883.45 13.26.432.08 13.91.364.65 r 3, r 5.e38.88 11,94,977.00 13, r 5,938.88b 11 .68.462.70 11 .79 .124.13 I 1.85.545.78 1t .60.686.87 I 1.85.545.78Corporoie/ Wholesole Bonking operolions I t.6t ,314.09 11 ,68,462.70 11,45.218.44c r 6.99.537.03Reloil Bonking operolions 16,37,382.70 16.82.902.21 14,43,419.48 16.82.902.21 16,54,968.37 16,99,i37.03 14,6t ,405.07d Business 2.32.758.79 2,24,t01.8s |,76,626.24 2.24,101.85
e 32.871.O7 32.314.4? 32.563.84 32,314.42Olher Bonking operolionsf i . r 2.619.03Unollocoled 95.392.77 1 .O2.757.45 83.754.54 1 ,02.757.45 1,05,519.18 I ,12.,5t 9.03 92.738.20
C' 2.75.361.56 2.61 .583.14 2,75,561.56Copiiol ond Reserves & Surplus 2,61.280.41 2,53,875.19 2.41.655.66 2,53,875.19 2,83,984.67
4
a5 57 005 i5 ts ?a A)9 A7 61 17 971 47 t53tt 9 t3 /tB 80 59d 86 d8 15 i18 55 41 80 580 36 &15 618.5t
ln crore)
A.1 Segmenl Nel Resulh ore onlved ofrer lqking lhe efiec! ot Tronsfer pricing.
k'Jtl V
STATE BANK OF INDIACORPORATE CENTRE, NARIMAN POINT, MUMBAI - 4OO O2I
SUMMARISED STATEMENI OF ASSETS & TIABITIIIES
(t in crore)
t ,
Tewori(rB, T & S) Monoging Director (R. & SARG) Monoging Dkector (CB & GM)
Setfu
Monoging Direcior (R&DB)
DinesH(srfiEr Khoro
Chairman
Ploce: MumboiDote:04.08.2021
30.06.2020s.
No.Porliculors
o 892.46 892.46 892.46 492.46 892.46 892.46b Reseryes & .95 2.52.942.73 2,83,092.21 2,74,669.10 2,60,690.68c interesl 9 Y | 5.3/ I 92 8.677.40d 37,20,987.01 36,81,277.08 34,19,362.79 37,56,763.81 37,15.331 .24 34.53.116.46e 4.17 .297.70 4,16,019.62 4,33,7?6.21 3.31.904.88f Olher liobililies 1 .81 .979.66 I I 3,25.298.48
I
45.9.429.63 17 .57
o ond bolonces with Reserye Bonk of lndio 2,13.201.54 i ,29, I 38.61 1,72,225.27 2,13,498.62 1 ,29,411 .02b Bolonces with bonks ond ql coll ond shorl nolice 13.12 1 .29.837 .17 19 l 1.34.924.03c lnvestments 13,86.509.97 r3,si.705.21 12.25.228.41 l .94 l 100.27 14.23,442.21d 24,49,497 .79 22,?8,346.16 24,83,572.44 25,00,598.99 23,47,478.45e Fixed ossets 38.419.24 t9 39 93 166.79
t 17.28 3.51.768.68 7.41 3.05.498-60
2
as 3t 419.L3 rl:l AO 5AO -14
Notes on Standalone Financial Results:
1 The above financial results for the quarter ended June 30, 2021 have been drawn from thefinancial statements prepared in accordance with Accounting Standard (AS-25) on 'lnterimFinancial Reporting'.
The above financial results have been reviewed by the Audit Committee of the Board at its
meeting held on August 03,2O2t and approved by the Board of Directors at its meeting held
orr August 04,202L. Tlrese finarrcial results have been subject to limited rcvicw by theStatutory CentralAuditors of the Bank.
3 The above financial results for the quarter ended June 30, 2021- have been arrived at afterconsidering necessary provisions for NPAs, Standard Assets, Standard Derivative
Exposures, Restructured Assets and lnvestment Depreciation/provision. Provisions forContingencies, Employee Benefits, Direct Taxes (after adjustment for Deferred Tax) and
in respect of other assets / items are made on estimated basis.
The above financial results for the quarter ended June 30, 2021 have been prepared inaccordance with the Significant Accounting Policies stated in the annual financialstatements of the Bank for the year ended March 3t,2O2L.
RBI Circular DBOD.No.BP.BC.L/21.06.2OL/20L5-L6 dated July 01-, 201-5 on 'Basel lllCapital Regulations' read together with RBI Circular No. DBR.No.BP. 8C.80/2L.06.2OL/2O1.4-
L5 dated March 3L, 2OL5 on 'Prudential Guidelines on Capital Adequacy and LiquidityStandards Amendments' requires the Bank to make applicable Pillar 3 Disclosures includingLeverage Ratio and Liquidity Coverage Ratio under the Basel lll framework. These
disclosures as of June 30,2O2L, are placed on the Bank's Website http://www.sbi.co.in.
As per RBl Circulars DBR.No.BP.L5t99l21,.O4.O48/20L6-L7 and DBR.No.BP.L906/ 2L.O4.048/
2017-tg dated June 23, 2OL7 and August 28,2OI7 respectively,for the accounts covered
under the provisions of lnsolvency and Bankruptcy Code (lBC), the Bank is holding totalprovision of t 4,585 crore (100 % of total outstanding) as on June 30, 2021,.
7 The Bank has estimated the liability for Unhedged Foreign Currency Exposures in terms ofRBI Circular DBOD.No.BP.BC.85/2L.06.200/2OL3-L4 dated January L5,2OL4 and is holding a
provision of \72L.75 crore as on June 30,202t.
8 The spread of COVID-19 pandemic across the globe has resulted in decline in economicactivities and movement in financial markets. ln this situation, Bank is gearing up itself on
all fronts to meet the challenges. The situation continues to be uncertain and the Bank isevaluating the situation on an ongoing basis. Major challenges for the Bank could be fromextended working capital cycles, fluctuating cash flow trends and probable inability of theborrowers to meet their obligations against the loans timely. The Bank is proactivelyproviding against the challenges of likely stress on the Bank's assets. A definitive assessmentof the impact of COVID-l9 is dependent upon circumstances as they evolve in thesubsequent period.
2
4
5
6
A-va v fj 6?, R#! N r)
The Bank has proactively made an additional provision towards the possible impact ofCOVID-19 pandemic, on the basis of the evaluation and regular assessment. The said
provision is in addition to the provisions held as per RBI guidelines as regards loan loss
provisions. On the basis of above mentioned assessment, Bank's management is notexpecting any significant impact on Bank's liquidity or profitability'
The total provision for COVID-19 uncertainty as on June 30,2OZt is { 9,065 crore
9 Provision Coverage Ratio as on June 30, 2O2I is 85.93% (87 .75% as on March 3L,2O2tl.
10 The number of lnvestor complaints pending at the beginning of the quarter was NlL. The
Bank has received 60 lnvestor complaints during the quarter ended June 30, 2021 while 57
complaints have been disposed off during the quarter. There are 3 pending Investor
complaints at the end of the quarter ended June 30, 202t.
LL ln terms of RBI circular DOR. No. BP.BC/3/21.O4.048/2020-2L dated August 6 2020, thedetailed requirement as per Resolution Framework for COVID-19 related Stress during thequarter ended June 30, 2O2Iis given below:
{{ in croref
64
Type of
borrower
(A)
Number ofaccounts
where
resolution
plan has
been
implemented
under this
window
(B)
Exposure toaccounts
mentioned at
(A) before
implementation
of the plan
(D)
Additional
funding
sanctioned, ifdtry, including
between
invocation ofthe plan and
implementation
Personal
Loans
(c)
of (B),
aggregate
amount ofdebt that
was
converted
into other
securities
15
of which,
Corporate
persons*
,285
6460,313
MSMEs
Total
Others
60,222
2,977
*As defined in Section 3(7) of the lnsolvency and Bankruptcy Code, 2076
(E)
lncrease in
provisions on
account of the
implementation
of the resolution
plan
75,598 L2,93t
9,954
d V P 6>aFeck't'V
4,958
s
446
1,503
{a\ A-
t,949
744
t2 ln terms of RBI circular DOR.STR,REC.LL/2L.04.048/2OZ[-22 dated May 5, 2021-, Bank
implemented a resolution plan in respect of 52,052 borrowers amounting to { 5,246 crore.
L3 The figures for the quarter ended March 3L,2021- are the balancing figures between auditedfigures in respect of financial year 2O2O-21and the published year to date figures up toDecember 31.,2020.
L4 Previous period/year figures have been regrouped/reclassified, wherever necessary, toconform to current period classification.
Ashwini Tewari han J. As ni Bhatia Sreenivasulu Setty
Managing Director
(tB, T & Sl
For KhandelwalJain & Co.
Chartered untants
Alpesh WaghelaPartner: M. No. L42058Firm Regn. No. 105049W
For N. C. Rajagopal & Co.
Chartered Accountants
V. ChandrasekaranPartner: M. No. 024844Firm Regn. No. 0033985
Managing Director
(R, C & SARGI
Managing Director
{cB & GM}
Managing Director
(R & DBI
Kumar Khara
Chairman
For J. C. Bhalla & Co.
Cha Accountants
Rajesh Seth I
Partner: M. No. 085669Firm Regn. No. 001-11l-N
For K. Venkatachalam Aiyer &Co. Chartered Accountants
{,
A GopalakrishnanPartner: M. No. 0181-59
Firm Regn. No. 0046105
't/nS' R' TotlJl
Partner: M. No. 07L774Firm Regn. No. 000734C
For O. P. Totla & Co.
Chartered Accountants
For S. K. Kapoor & Co.
Chartered Accountants
V. B. Sin
Partner: M. No. 073L24Firm Regn. No. 000745C
For Karnavat & Co.
Chartered Accountants
er Doshi
Pa : M. No. Lt7987Firm Regn. No. 1-04863W
For Umamaheswara Rao & Co.
Chartered Accountants
\.r
G. Siva Ramakrishna Prasad
Partner: M. No. 024860Firm Regn. No.0044535
For Guha Nandi & Co.
Chartered Accountants
For G. P. Agrawal & Co.
Chartered Accountants
Pradeep Kumar Samal
Partner: M. No. 06L353Firm Regn. No.302082E
For Shah Gupta & Co.
Chartered Accountants
Vipul K Choksi
Partner: M. No. 37606Firm Regn. No. 109574W
For Prem Gupta & Co.
Chartered Accountants
Prem BehariGuptaPartner: M. No. 080245Firm Regn. No. 000425N
FoT SCV & CO. LLP
Chartered Accountants
Rajiv PuriPartner: M. No.084318
Firm Regn. No.000235 N/N500089
For ASA & Associates LLP
Chartered Accountants
Parveen KumarPartner: M. No. 088810
Firm Regn. No.009571N/N500006
a_G8;6-C.,.-**,-7-
Dr. B. S. Kundu
Partner: M. No. O5I22tFirm Regn. No. 302039E
Place: MumbaiDate: August 04,2O2t
1
Independent Auditors'Review Report on the Quarterly Unaudited Standalone FinancialResults of State Bank of India pursuant to the Regulation 33 of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations. 2015, as amended.
ToThe Board of Directors,State Bank of India,State Bank BhavanMadame Cama RoadMumbai-400021
We have reviewed the accompanying Statement of Unaudited Standalone Financial Results ofState Bank of India ("the Bank") for the quarter ended June 30, 202L ("the Statement") attachedherewith, being submitted by the Bank pursuant to the requirement of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations,2015, as amended ("the ListingRegulations") except for the disclosures relating to Pillar 3 disclosure as at June 30, 2021
including leverage ratio and liquidity coverage ratio under Basel lll Capital Regulations as havebeen disclosed on the Bank's website and in respect of which a link has been provided in theStatement and have not been reviewed by us. This Statement is the responsibility of the Bank'sManagement and has been approved by the Board of Directors. Our responsibility is to issue areport on the Statement based on our review.
2. We conducted our review of the Statement in accordance with the Standard on ReviewEngagements (SRE) 24L0, "Review of Interim Financial Information Performed by theindependent Auditor of the Entity", issued by the Institute of Chartered Accountants of India.This standard requires that we plan and perform the review to obtain moderate assurance as towhether the Statement is free of material misstatement. A review is limited primarily toinquiries of the Bank's personnel and analytical procedures applied to financial data and thusprovides less assurance than an audit. We have not performed an audit and accordingly, we donot express an audit opinion.
3. The financial results incorporate the returns of 42 domestic branches reviewed by us and 34
foreign branches, out of which 13 were reviewed by the Local Auditors of the Foreign Branches
, specifically appointed for this purpose. The financial results also incorporate the relevantreturns of Central Accounts Office and Global Market Unit reviewed by us. Our review reportscover 39.67 % of the advances portfolio of the bank and 46.63 % of the non performing assets
of the Bank.
Apart from these review reports, in the conduct of our review, we have also considered variousrefurns of other 1757 Domestic branches such as advance portfolio, non-performing assets andprovision duly certified by the respective Branch Managers of the Bank which are alsoincorporated in the financial results. The Branch Managers' reports cover 22|1,9 % of theadvances portfolio of the Bank and 2L.06% of the non-performing assets of the Bank.
4. Based on our review conducted as above and subject to limitations as mentioned in Para 3above, nothing has come to our attention that causes us to believe that the Statement includingnotes thereon prepared in accordance with applicable accounting standards and otherrecognized accounting practices and policies has not disclosed the information required to bedisclosed in terms of the Regulations, including the manner in which it is to be disclosed, orthat it contains any material misstatement or that it has not been prepared in accordance withthe relevant guidelines/prudential norms issued by the Reserve Bank of India in respect ofincome recognition, asset classification, provisioning and other related matters.
bN VMa- ?€9iw
,L rY' N Page 1 of 3
5. We draw attention to Note No. B of the Statement regarding impact of COVID-19 pandemic onBank's operations and financial results, the situation continues to be uncertain and the Bank isevaluating it on an ongoing basis with respect to the challenges faced.
Our conclusion is not modified in respect of this matter
For Khandelwal Jain & Co.Chartered
Alpesh WaghelaPartner:M. No.142058Firm Regn. No.105049W
UDIN:21142058AAAACR3328Place:Mumbai
,dtjSethi
For N.C. Rajagopal & Co.Chartered Accountants
For J.C. Bhalla & Co.
V. ChandrasekaranPartner:M. No. 024844Firm Regn. No.0033985
UDIN: 2'1.024844 AAAAEV7250Place: Chennai
Partner: M. No. 085669Firm Regn. No.001111N
U DIN : 21 0856 69AAAADJ 57 61
Place:Mumbai
Accountants
For K.Venkatachalam Aiyer & Co.Chartered Accountants
For Karnavat & Co.Chartered
For O.P. Totla & Co.Chartered Accountants
-/-,"4 r)
L
S. R. TOTIE--Partner: M. No. 071774
Firm Regn. No. 000734CUDIN: 2107177 4 AAAAAS993B
Place: Mumbai
$A Gopalakrishnan
Partner: M. No.018159Firm Regn. No. 0046105
UDIN:21 018159AAAAAG8290Place: Mumbai
FoTSCV&Co. LLPChartered Accountants
DoshiM. No.117987
Firm Regn. No.104863WUDIN: 21117 987 A AAAAX5925
Place:Mumbai
Rajiv PuriPartner: M. No.0B431B
FirmRegn.No.000235N/ N500089UDIN:2108431 SAAAADT1 418
Place: New Delhi
Page 2 of 3
For S. K. Kapoor & Co.Chartered Accountants
For G. P. Agrawal & Co.Chartered Accountants
B.
o. O73124
Firm Regn. No. 000745C
UDIN:21 073124AAAADV 2435Place:Mumbai
VPartner
Pradeep Kumar SamalPartner:M. No.061353Firm Regn. No.302082E
UDIN:21 061353AAAACG1552Place:Mumbai
For Umamaheswara Rao & Co.Chartered Accountants
For Shah Gupta & Co.Chartered Accountants
\,
For Guha Nandi & Co.Chartered Accountants
Vipul K ChoksiPartrer: M. No. 37606
Firm Regn. No.1.09574WU DIN : 21 03 7 60 6 A A A ACHS 699
Place: Mumbai
Dr. B. S. KunduPartner: M. No. 051221Firm Regn. No.302039E
UDIN : 21 0 5 122L A A A A AX66 41Place: Mumbai
G. Siva Ramakrishna PrasadPartrer:M. No. 024860Firm Regn. No.0044535
UDIN:21024860AAAAAU1519Place:Mumbai
Parveen KumarPartner: M. No.088810
FirmRegn.No.009571 N/ N500006UDIN:2108881 0AAAACH6855
Place:New Delhi
^^bPrem Behari Gupta
Partner: M. No.080245Firm Regn. No.000425N
UDIN:21080245AAAA AMB669Place:New Delhi
Chartered Accountants
For ASA & Associates LLPChartered Accountants
For Prem Gupta & Co.
Date: August04,202L
Page 3 of 3