effect that may arise in this regard in the books of account. b) The Company is party to additional legal actions arising in the ordinary course of business. Based on the available information as at March 31, 2017, the Company believes that it has adequate legal defences for these actions and that the ultimate outcome of these actions will not have a material adverse effect. However in the event of adverse judgment in all these cases, the maximum financial exposure would be 37.4 million (March ₹ 31, 2016: 19.7 million) ₹ 71
effect that may arise in this regard in the books of account. b) The Company is party to additional legal actions arising in the ordinary course of business. Based on the available information as at March 31, 2017, the Company believes that it has adequate legal defences for these actions and that the ultimate outcome of these actions will not have a material adverse effect. However in the event of adverse judgment in all these cases, the maximum financial exposure would be ₹ 37.4 million (March 31, 2016: ₹ 19.7 million) 71