46 Statement of Cash Flows for the year ended on March 31, 2023 (` lakhs) Particulars 2022-23 2021-22 C CASH FLOW FROM FINANCING ACTIVITIES Finance lease obligation paid - (20.00) Dividend on equity shares (2,335.00) (875.63) Net cash used in financing activities C (2,335.00) (895.63) Net increase | (decrease) in cash and cash equivalents (A+B+C) (538.48) 165.49 Cash and cash equivalents at the beginning of the year 1,566.69 1,401.20 Cash and cash equivalents at the end of the year 1,028.21 1,566.69 i) The above Statement of Cash Flow has been prepared under the ‘Indirect Method’ as set out in the IND AS 7 on the Statement of Cash Flows as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 as amended. ii) Cash flow from operating activities include ` 37.00 lakhs (March 31, 2022 : ` 32.60 lakhs) being expenditure towards Corporate Social Responsibility initiatives. The accompanying Notes 1-25 form an integral part of the Financial Statements. In terms of our report attached For and on behalf of the Board of Directors For Deloitte Haskins & Sells LLP Wolfgang Schumann Chartered Accountants (DIN: 01995827) Chairman Ketan Vora Rajas Khaladkar G Venugopala Rao Partner Chief Financial Officer (DIN: 03635806) Managing Director Mumbai Rakesh Pathak Mumbai April 25, 2023 Company Secretary April 25, 2023
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