Clause

Clause

JSW Steel Limited

10 October 2014

Financial Year : 2013-14
Auditor            : Deloitte Haskins & Sells Llp

In  our opinion  and  according  to  the  information and explanations given  to  us,  the  term  loans have  been applied   by  the  Company  during  the  year  for  the purposes for which  they were obtained,  other than temporary deployment pending  application.

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