NOTES

1 The reuslts of the quarter and nine months ended 31st December,2019 were reviewed by the Audit Commitee and approved by the Board of Directors at its meeting held on February 12, 2020. They have been subjected to limited review by the statutory auditors.

2 This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies, Act, 2013 and other recognised accounting practices and policies to the extent applicable. Beginning 1st April, 2019, the Company has for the first time adopted Ind AS with transition date of 1st April, 2018.

3 The format for unaudited quarterly results as prescribed in SEBI's Circular CIR/CFD/CMD/15/2015 dated 30th November, 2015 has been modified to comply with the requirements of SEBI's circular dated 5th July, 2016, Ind AS and Schedule III (Division II) to the Companies Act, 2013, which are applicable to companies that are required to comply with Ind AS.

4 The reconciliation of net profit reported in accordance with Indian GAAP to total comprehensive income in accordance with Ind AS for the Quarter ended 31st December, 2018 is given below:

5 The Ind As compliant corresponding figures for the quarter ended 31st December, 2018 have not been subjected to audit or review. However, the Company's Management has execercised necessary due diligence to ensure that such financial result provide a true and fair view of its affairs.

6 The company has, in accordance with the Indian Accounting Standard (Ind AS) 108 - Operating Segments, identified Investment Activity, Trading Activity and Manufacturing Activities as its segments and financial details thereof are disclosed in a separate annexure attached herewith.

7 Previous period's figure have been reclassified, wherever necessary, to correspond with those of the current period