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INDIA GYPSUM LIMITED
ANNUAL REPORT 2005-2006
MANAGEMENT DISCUSSION AND ANALYSIS
Internal Control Systems And Adequacy:
Your Company has adequate Internal Control Systems commensurate with the
size and the nature of operations. The company follows a risk-based
approach to evaluation of various internal controls in place. The coverage
of the internal audits, regular management operational reviews and audit
committee review meetings further strengthens the internal Control Systems
of your Company. ERP system that was implemented from April 2003 has
further improved the internal controls in the various business processes
besides providing online management information reports, which have aided
management operational decisions.
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