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  As stipulated in Clause 49 of the Listing Agreement with the Stock Exchanges, a separate report on “Corporate Governance” as well as “Management Discussion and Analysis” confirming compliance, is set out in the Annexure forming part of this report. A Certificate from Practicing Company Secretary regarding compliance with corporate governance norms stipulated in Clause 49 of the Listing Agreement is annexed to the report on Corporate Governance.  
     
     
 
 
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