Page 113 - Kolte Patil AR 2019-20

s) Business Responsibility Report (c) We accept responsibility for establishing and maintaining
The Business Responsibility Report pursuant to Regulation internal controls for financial reporting and we have evaluated
34(2)(f) of Listing Regulations, is annexed to this report as the effectiveness of internal control systems of the Company
Annexure I. pertaining to financial reporting and we have disclosed to the
auditors and the Audit Committee, deficiencies in the design
CERTIFICATION BY CHIEF EXECUTIVE OFFICER ANDCHIEF or operation of such internal controls, if any, of which we are
FINANCIAL OFFICER OF THE COMPANY aware and the steps taken or proposed to be taken to rectify
(Under Regulation 17 read with Part B of Schedule II of SEBI (Listing these deficiencies.
Obligations and Disclosure Requirements) Regulations, 2015) (d) We have indicated to the auditors and the Audit committee
We, Mr. Gopal Sarda-Chief Executive Officer and Mr. Atul Bohra-Chief that:
Financial Officer of Kolte-Patil Developers Limited (the Company), (i) there are no significant changes in internal control over
hereby certify to the Board that: financial reporting during the year;
(a) We have reviewed financial statements and the cash flow (ii) there are no significant changes in accounting policies
statement for the Financial Year ended 31 March 2020 and that during the year;
to the best of our knowledge and belief: (iii) there are no instances of significant fraud of which we
(i) these statements do not contain any materially untrue have become aware nor the involvement therein of the
statement or omit any material fact or contain statements management or an employee having significant role
that might be misleading; in the company’s internal control system over financial
reporting.
(ii) these statements together present a true and fair view of
the Company’s affairs and are in compliance with existing
accounting standards, applicable laws and regulations. For Kolte-Patil Developers Limited
(b) There are, to the best of our knowledge and belief, no Gopal Sarda Atul Bohra
transactions entered into by the Company during the year Chief Executive Officer Chief Financial Officer
which are fraudulent, illegal or violative of the Company’s code
of conduct. Date: 23 June 2020
Place: Pune

DECLARATION ON COMPLIANCE WITH THE CODE OF CONDUCT

As provided in the Regulation 26 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board Members and the
Senior Management Personnel have confirmed compliance with the Code of Conduct for the financial year ended 31 March 2020. The Code
of Conduct of the Company is available on the Website of the Company.

For Kolte-Patil Developers Limited

Date: 23 June 2020 Gopal Sarda
Place: Pune Chief Executive Officer

Annual Report 2019-20 | 111