Statements in this report on Management Discussion and
Analysis describing the Company’s objectives, projections,
estimates, expectations, or predictions may be forward
looking statements within the meaning of applicable
laws or regulations. These statements are based on
certain assumptions and reasonable expectation of future
events. Actual results could however differ materially from
those expressed or implied. Important factors that could
make a difference to the Company’s operations include
domestic demand – supply conditions, raw materials cost
& availability, changes in Government regulations and tax
structure, economic developments within India and other
factors such as litigation and availability of manpower.
The Company assumes no responsibility in respect of the
forward looking statements herein which may undergo
changes in future on the basis of subsequent development,
information or events.
