Reporting Principles

This report has been meticulously crafted in alignment with the Integrated Reporting (IR) framework established by the International Integrated Reporting Council (IIRC). Our Board’s Reportadheres to the requirements of the Companies Act, 2013 and complies with the mandated Secretarial Standards. Additionally, the Management Discussion and Analysis Report, along with the voluntarily prepared Corporate Governance Report, enriches this Annual Report. The non-financial insights shared are guided by the sustainability reporting principles outlined in the Global Reporting Initiative (GRI Standards), reflecting our commitment to transparency and accountability.

Scope and Boundary

The ESG report presents the essence of Mahindra Accelo's business model and strategic vision, delving into significant risks and emerging opportunities. It paints a vivid picture of the year’s performance, showcasing impactful outcomes and forward-looking prospects, all while reaffirming our commitment to sustainable progress and value creation.

Materiality and Target Audience

This report shines a spotlight on material issues—critical factors that hold the power to shape Mahindra Accelo’s value creation across the short, medium, and long-term horizons. These key priorities, identified through diverse channels and stakeholder engagement forums, resonate deeply with the interests of investors and other stakeholders. In 2022, Mahindra Accelo refined its understanding of these material issues, seamlessly integrating them into its long-term strategic roadmap for sustained growth and resilience.

Forward-Looking Statement

Certain statements within this report about Mahindra Accelo Limited’s (‘The Company) business operations may be classified as forward-looking statements. These encompass all statements beyond historical facts, including those related to financial position, business strategies, management plans, and objectives for future operations. Such statements can be identified by terms like ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘intends,’ ‘may,’ ‘will,’ ‘plans,’ ‘outlook,’ and similar expressions when discussing future operational or financial performance.

Forward-looking statements rely on assumptions, data, or methodologies that may be incorrect, imprecise, or unachievable, and therefore are not guarantees of future outcomes but reflect the Company’s current expectations based on reasonable assumptions. Actual results may differ significantly from those projected due to events, risks, uncertainties, and various other factors. The Company does not undertake any obligation, nor does it intend to update or revise any forward-looking statements, whether due to new information, future events, or other factors.