Integrated Filing — IndAS



General information about company
Scrip Code 505160
NSE Symbol TALBROAUTO
MSEI Symbol NOTLISTED
ISIN INE187D01029
Name of company Talbros Automotive Components Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment AUTO COMPONENTS AND PARTS
Start date and time of board meeting 26-May-2025   15:30:00
End date and time of board meeting 26-May-2025   17:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-26
Indicate Company website link for updated RPT policy of the Company www.talbros.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No Default



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2058609000 8270522000
Other income 50763000 188561000
Total income 2109372000 8459083000
2 Expenses
(a) Cost of materials consumed 1048645000 4305770000
(b) Purchases of stock-in-trade 12374000 40592000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -86504000 -52856000
(d) Employee benefit expense 236270000 922585000
(e) Finance costs 37206000 136965000
(f) Depreciation, depletion and amortisation expense 78145000 318781000
(f) Other Expenses
1 Other Expenses 500539000 1758519000
Total other expenses 500539000 1758519000
Total expenses 1826675000 7430356000
3 Total profit before exceptional items and tax 282697000 1028727000
4 Exceptional items 0 0
5 Total profit before tax 282697000 1028727000
6 Tax expense
7 Current tax 67392000 254179000
8 Deferred tax 2787000 -4177000
9 Total tax expenses 70179000 250002000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 212518000 778725000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 212518000 778725000
17 Other comprehensive income net of taxes -43192000 53158000
18 Total Comprehensive Income for the period 169326000 831883000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 123456000 123456000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.44 12.62
Diluted earnings (loss) per share from continuing operations 3.44 12.62
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.44 12.62
Diluted earnings (loss) per share from continuing and discontinued operations 3.44 12.62
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) The above is an extract of the detailed format of audited quarterly and yearly financial results filed with the Stock Exchanges under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 The full format of the quarterly and yearly financial results are available on the websites of the Stock Exchanges and Company website nThese standalone and consolidated financial results for the quarter and year ended on 31 March 2025 have been reviewed and recommended for approval by the Audit Committee and accordingly approved by the Board of Directors of Talbros Automotive Components Limited the Company at their respective meetings held on 26 May 2025 The Statutory Auditors have audited the annual financial results The figures for the quarter ended 31 March 2025 and 2024 are the balancing figures between the audited figures in respect of full financial year and the published year to date figures upto the third quarter of the relevant financial year which were subject to limited review Mr Anuj Talwar JMD is duly authorised by Board to sign the financial results for submission to stock exchanges nDuring the quarter ended March 31 2024 the Company has completed the process of divesting and selling its entire 40 percent stake in Its Joint Venture Nippon Leakless Talbros Private Limited Constituting 4800000 fully paid up equity shares of Rs 10 each for Rs 81 Cr 80 Lacs The sales proceeds was completed on 25th January 2024 The net gain from the transaction has been disclosed as exceptional items in the results The capital gain tax on sale of investment has been disclosed as part of the tax expense in the results Following table provides bifurcation of Profit After Tax PATon other than exceptional items and exceptional Item n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 2176857000
Capital work-in-progress 227369000
Investment property 24882000
Goodwill 0
Other intangible assets 3391000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1666873000
Trade receivables, non-current 0
Loans, non-current 311848000
Other non-current financial assets 16519000
Total non-current financial assets 1995240000
Deferred tax assets (net) 0
Other non-current assets 34736000
Total non-current assets 4462475000
2 Current assets
Inventories 1258538000
Current financial asset
Current investments 0
Trade receivables, current 2456956000
Cash and cash equivalents 148429000
Bank balance other than cash and cash equivalents 482008000
Loans, current 15846000
Other current financial assets 19076000
Total current financial assets 3122315000
Current tax assets (net) 0
Other current assets 234581000
Total current assets 4615434000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 9077909000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 123456000
Other equity 5775428000
Total equity attributable to owners of parent 5898884000
Non controlling interest
Total equity 5898884000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 35726000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 80400000
Total Trade payable 80400000
Other non-current financial liabilities 4820000
Total non-current financial liabilities 120946000
Provisions, non-current 26698000
Deferred tax liabilities (net) 346615000
Deferred government grants, Non-current 0
Other non-current liabilities 1644000
Total non-current liabilities 495903000
Current liabilities
Current financial liabilities
Borrowings, current 795100000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 88837000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1606946000
Total Trade payable 1695783000
Other current financial liabilities 106884000
Total current financial liabilities 2597767000
Other current liabilities 71705000
Provisions, current 13650000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2683122000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3179025000
Total equity and liabilites 9077909000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 56331000 -69281000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss -13139000 16123000
5 Total Other comprehensive income -43192000 53158000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1028727000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 136965000
Adjustments for decrease (increase) in inventories 9182000
Adjustments for decrease (increase) in trade receivables, current -351116000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 18578000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 318781000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -13030000
Adjustments for dividend income 0
Adjustments for interest income 60033000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 59327000
Net cash flows from (used in) operations 1088054000
Dividends received -47328000
Interest paid 0
Interest received 0
Income taxes paid (refund) 238168000
Other inflows (outflows) of cash -2365000
Net cash flows from (used in) operating activities 800193000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 537842000
Proceeds from sales of investment property 31318000
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 10500000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 47328000
Interest received 23165000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -21006000
Net cash flows from (used in) investing activities -446537000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 10860000
Repayments of borrowings 42474000
Payments of lease liabilities 28062000
Dividends paid 43624000
Interest paid 125538000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -228838000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 124818000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 124818000
Cash and cash equivalents cash flow statement at beginning of period 0
Cash and cash equivalents cash flow statement at end of period 124818000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 J C Bhalla and Co Yes 31-Dec-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Talbros Automotive Components Limited Marelli Talbros Chassis Systems Private Limited Joint Venture Any other transaction Renting of Immovable Property 25000000 Value of Related Party Transaction as approved by the Audit Committee for the FY 2025 9734000 0 0
2 Talbros Automotive Components Limited Marelli Talbros Chassis Systems Private Limited Joint Venture Any other transaction Receivables and others 25000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 1124000 0 0
3 Talbros Automotive Components Limited Marelli Talbros Chassis Systems Private Limited Joint Venture Any other transaction Payables and Creditors 25000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 2226000 0 0
4 Talbros Automotive Components Limited Marelli Talbros Chassis Systems Private Limited Joint Venture Any other transaction Electricity Charges 25000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 4945000 0 0
5 Talbros Automotive Components Limited Talbros Marugo Rubber Private Limited Joint Venture Any other transaction Receivables and others 40000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 819000 0 0
6 Talbros Automotive Components Limited Talbros Marugo Rubber Private Limited Joint Venture Any other transaction Reimbursement of Other Expenses 10000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 9000 0 0
7 Talbros Automotive Components Limited QH Talbros Private Limited Associate Sale of goods or services 950000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 242855000 0 0
8 Talbros Automotive Components Limited QH Talbros Private Limited Associate Any other transaction Royalty Income 15000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 5872000 0 0
9 Talbros Automotive Components Limited QH Talbros Private Limited Associate Any other transaction Receivables and Debtors 950000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 104248000 0 0
10 Talbros Automotive Components Limited QH Talbros Private Limited Associate Any other transaction Receivables and Others 950000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 2710000 0 0
11 Talbros Automotive Components Limited QH Talbros Private Limited Associate Any other transaction Reimbursement of other expenses 10000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 343000 0 0
12 Talbros Automotive Components Limited QH Talbros Private Limited Associate Dividend received Explanation given in Notes 4004000 0 0 Textual Information(1)
13 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Sale of goods or services 600000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 158801000 0 0
14 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Royalty Income 4000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 1460000 0 0
15 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Renting of Immovable Property 2000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 764000 0 0
16 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Receivables and Debtors 600000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 66481000 0 0
17 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Receivables and Others 600000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 24000 0 0
18 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Electricity Charges 10000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 234000 0 0
19 Talbros Automotive Components Limited Talbros Indiparts Private Limited Associate Any other transaction Reimbursement of Other Expenses 10000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 674000 0 0
20 Talbros Automotive Components Limited Talbros International Private Limited Associate Any other transaction Reimbursement of Other Expenses 10000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 842000 0 0
21 Talbros Automotive Components Limited Talbros International Private Limited Associate Dividend received Explanation given in Note 13270000 0 0 Textual Information(2)
22 Talbros Automotive Components Limited Kumkum Talwar Relative of Key Management Personnel Any other transaction Rent paid 720000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 360000 0 0
23 Talbros Automotive Components Limited Umesh Talwar Director Remuneration Explanation given in Note 10065000 0 0 Textual Information(3)
24 Talbros Automotive Components Limited Anuj Talwar Director Remuneration Explanation given in Note 10027000 0 0 Textual Information(4)
25 Talbros Automotive Components Limited Manish Khanna CFO Remuneration 5346000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 3428000 0 0 Textual Information(5)
26 Talbros Automotive Components Limited Seema Narang Company Secretary Remuneration 3764000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 2452000 0 0 Textual Information(6)
27 Talbros Automotive Components Limited Talbros Marugo Rubber Private Limited Joint Venture Any other transaction Management Fees 3000000 Value of the Related Party Transaction as approved by the Audit Committee for the FY 2025 1500000 0 0
Total value of transaction during the reporting period 649271000



Text Block
Textual Information(1) These Dividend received have been recommended by Board of Directors and approved by Shareholders in AGM No separate approval of the Audit Committee was required These were reviewed by Audit Committee being RPT
Textual Information(2) These Dividend received have been recommended by Board of Directors and approved by Shareholders in AGM No separate approval of the Audit Committee was required These were reviewed by Audit Committee being RPT
Textual Information(3) These transactions for payment of Remuneration to Mr Umesh Talwar and Mr Anuj Talwar have been duly approved by Shareholders in AGM
Textual Information(4) These transactions for payment of Remuneration to Mr Umesh Talwar and Mr Anuj Talwar have been duly approved by Shareholders in AGM
Textual Information(5) In terms of the Policy on Related Party Transactions of the Company Related Party Transactions that are requred to be approved by the Board or any other Board Committee and or shareholders do not require seperate approval of the Audit Committee such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding
Textual Information(6) In terms of the Policy on Related Party Transactions of the Company Related Party Transactions that are requred to be approved by the Board or any other Board Committee and or shareholders do not require seperate approval of the Audit Committee such as transactions relating to appointment and remuneration of Directors and Key Managerial Personnel payment of Dividend which is uniformly offered to all shareholders in proportion to their shareholding