Page 202 - Hitachi IR 2025

BOARD’S REPORT
Annexure A
To,
The Members,
Hitachi Energy India Limited
CIN: L31904KA2019PLC121597
Registered Address: 8th Floor, Brigade Opus 70/401,
Kodigehalli, Main Road, Bangalore -560092
Our report of even date is to be read along with this letter.
1. 2. 3. 4. 5. 6. 7. 8. Maintenance of Secretarial record is the responsibility of the management of the Company. Our responsibility
is to express an opinion on these secretarial records based on our audit.
We have followed the audit practices and process as were appropriate to obtain reasonable assurance about
the correctness of the contents of the Secretarial records. The verification was done on a test basis to ensure
that correct facts are reflected in secretarial records. We believe that the processes and practices we followed
provide a reasonable basis for our opinion.
We have not verified the correctness and appropriateness of financial records and Books of Accounts of
the Company.
Wherever required, we have obtained the Management representation about the compliance of laws, rules and
regulations and happening of events etc.
The compliance of the provisions of Corporate and other applicable laws, rules, regulations, standards is the
responsibility of management. Our examination was limited to the verification of procedures on a test basis.
The Secretarial Audit report is neither an assurance as to the future viability of the Company nor of the efficacy
or effectiveness with which the management has conducted the affairs of the Company.
We further report that, based on the information provided by the Company, its officers and authorised
representatives during the conduct of the audit and also on the review of quarterly compliance report issued by
the respective departmental heads/Company Secretary/Managing Director & CEO, taken on record by the Board
of the Company, in our opinion adequate systems and process and control mechanism exist in the Company to
monitor compliance with applicable general laws like labour laws & Environment laws and Data protection policy.
We further report that the Compliance by the Company of applicable financial laws like Direct & Indirect tax laws
has not been reviewed in this audit since the same has been subject to review by the statutory financial audit
and other designated professionals.
Place: Bangalore
Date: May 14, 2025
For BMP & Co. LLP,
Company Secretaries
Pramod S M
Partner
FCS No: 7834
CP No: 13784
PR No.: 6387/2025
UDIN: F007834G000335293
200 Hitachi Energy India Limited