INTEGRATED FILING — NBFC



General information about company

Scrip code 500243
NSE Symbol KIRLOSIND
MSEI Symbol NOTLISTED
ISIN INE250A01039
Name of company Kirloskar Industries Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-11-2025   10:30:00
End date and time of board meeting 14-11-2025   13:45:00
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 Not applicable
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 No
(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. No
(III) 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 29-08-2025
Indicate Company website link for updated RPT policy of the Company chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.kirloskarindustries.com/documents/779558/92938335-921d-7735-c000-80d9f8d1fe4b
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


Financial Results — NBFC

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations
(i) Interest Income 803.00 1,542.00
(ii) Dividend Income 3,969.00 3,969.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes 181.00 453.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 4,953.00 5,964.00
Other income 530.00 1,009.00
Total income 5,483.00 6,973.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 157.00 350.00
Finance costs 25.00 47.00
Depreciation, depletion and amortisation expense 69.00 124.00
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 0.00 0.00
(f) Other expenses
1 Other Expenses 378.00 592.00
Total other expenses 378.00 592.00
Total expenses 629.00 1,113.00
3 Total profit before exceptional items and tax 4,854.00 5,860.00
4 Exceptional items 325.00 325.00
5 Total profit before tax 5,179.00 6,185.00
7 Tax expense
8 Current tax 1,320.00 1,491.00
9 Deferred tax (29.00) 24.00
10 Total tax expenses 1,291.00 1,515.00
11 Net Profit Loss for the period from continuing operations 3,888.00 4,670.00
12 Profit (loss) from discontinued operations before tax 99.00 116.00
13 Tax expense of discontinued operations 31.00 37.00
17 Net profit (loss) from discontinued operation after tax 68.00 79.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 3,956.00 4,749.00
16 Other comprehensive income net of taxes (76,607.00) 50,454.00
17 Total Comprehensive Income for the period (72,651.00) 55,203.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 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
20 Details of equity share capital
Paid-up equity share capital 1,050.00 1,050.00
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 37.31 44.84
Diluted earnings per share from continuing operations 37.13 44.63
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0.65 0.75
Diluted earnings per share from discontinued operations 0.64 0.75
ii Earnings per equity share
Basic earnings per share 37.96 45.59
Diluted earnings per share 37.77 45.38
23 Debt equity ratio 0.00 0.00
24 Debt service coverage ratio 0.00 0.00
25 Interest service coverage ratio 0.00 0.00
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 1. The above results are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their meetings held on 14 November 2025 and limited review of the same has been carried out by the Statutory Auditors of the Company. 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. 3. Consequent to allotment of 83,459 Equity shares of Rs. 10 each fully paid up pursuant to 'Kirloskar Industries Limited – Employees Stock Appreciation Rights Plan 2019’ (KIL ESARP 2019),' during the quarter, the Issued, Subscribed and Paid up Equity Share Capital of the company has increased to Rs. 10,49,99,290/- comprising of 1,04,99,929 shares of Rs. 10/- each. 4. During the quarter, the reversal of ESAR charge for unvested options on account of seperation of employee has resulted in exceptional gain and accordingly Exceptional Item of Rs. 3.25 Cr is shown as income. 5. Previous year’s / period’s figures have been reclassified wherever necessary to conform with the classification of the current period.


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 6,185.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 59.00
Adjustments for decrease (increase) in inventories 1.00
Adjustments for decrease (increase) in trade receivables, current 0.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (5.00)
Adjustments for other financial assets, current 27.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 126.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 18.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 123.00
Adjustments for other financial liabilities, non-current 1,154.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 3,969.00
Adjustments for interest income 1,542.00
Adjustments for share-based payments 12.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1,722.00)
Other adjustments to reconcile profit (loss) 116.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (5,602.00)
Net cash flows from (used in) operations 583.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 827.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (244.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 69.00
Proceeds from sales of investment property 0.00
Purchase of investment property 36.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 3,205.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 3,969.00
Interest received 2,105.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,439.00)
Net cash flows from (used in) investing activities 3,735.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 9.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 78.00
Dividends paid 1,354.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,423.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2,068.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 2,068.00
Cash and cash equivalents cash flow statement at beginning of period 906.00
Cash and cash equivalents cash flow statement at end of period 2,974.00




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 2,974.00
Bank Balance other than (a) above 5,685.00
Derivative financial instruments 0.00
Receivables
(I) Trade Receivables 0.00
(II) Other Receivables 0.00
Loans 31,395.00
Investments 5,32,867.00
Other Financial assets 385.00
Total Financial Assets 5,73,306.00
2 Non Financial Asset
Inventories 0.00
Current tax assets (Net) 0.00
Deferred tax Assets (Net) 0.00
Investment Property 408.00
Biological assets other than bearer plants 0.00
Property, Plant and Equipment 734.00
Capital work-in-progress 36.00
Intangible assets under development 0.00
Goodwill 0.00
Other Intangible assets 1.00
Other non-financial assets (to be specified) 53,438.00
Total Non Financial Assets 54,617.00
Total assets 6,27,923.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,050.00
Other equity 5,63,233.00
Total equity attributable to owners of parent 5,64,283.00
Non controlling interest
Total equity 5,64,283.00
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0.00
(b) Payables 0.00
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
(C ) Debt Securities 0.00
(d) Borrowings (Other than Debt Securities) 0.00
(e) Deposits 712.00
(f) Subordinated Liabilities 0.00
(g) Other financial liabilities 775.00
Total Financial Liabilities 1,487.00
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 700.00
(b) Provisions 330.00
(C ) Deferred tax liabilities (Net) 59,008.00
(d) Other non-financial liabilities 2,115.00
Total Non Financial Liabilities 62,153.00
Total liabilities 63,640.00
Total equity and liabilites 6,27,923.00
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block

Textual Information(1) 1. The above results are reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 14th November 2025. 2. Disclosure of Standalone Assets and Liabilities as per Regulation 33(3)(f) of The SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as at 30 September 2025.


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Windpower generation 0.00 0.00
2 Investments (Securities & Properties) 5,482.00 6,973.00
3 Unallocable 0.00 0.00
4 Held for sale (Discountining operation) 137.00 218.00
5 Held for sale 0.00 0.00
Total Segment Revenue 5,619.00 7,191.00
Less: Inter segment revenue 0.00 0.00
Revenue from operations 5,619.00 7,191.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Windpower generation 0.00 0.00
2 Investments (Securities & Properties) 4,907.00 5,999.00
3 Unallocable 0.00 0.00
4 Held for sale (Discountining operation) 99.00 116.00
5 Held for sale 0.00 0.00
Total Profit before tax 5,006.00 6,115.00
i. Finance cost 25.00 47.00
ii. Other Unallocable Expenditure net off Unallocable income 28.00 92.00
Profit before tax 4,953.00 5,976.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Windpower generation 0.00 0.00
2 Investments (Securities & Properties) 6,23,363.00 6,23,363.00
3 Unallocable 1,930.00 1,930.00
4 Held for sale (Discountining operation) 285.00 285.00
5 Held for sale 2,345.00 2,345.00
Total Segment Asset 6,27,923.00 6,27,923.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 6,27,923.00 6,27,923.00
4 Segment Liabilities
Segment Liabilities
1 Windpower generation 0.00 0.00
2 Investments (Securities & Properties) 2,750.00 2,750.00
3 Unallocable 60,142.00 60,142.00
4 Held for sale (Discountining operation) 498.00 498.00
5 Held for sale 250.00 250.00
Total Segment Liabilities 63,640.00 63,640.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 63,640.00 63,640.00
Disclosure of notes on segments Textual Information(1)


Text Block

Textual Information(1) 1. Windpower generation business is subject to seasonal variations in winds, hence the results for the period are not necessarily comparable with the results of the previous periods' / full year's performance. Assets for windpower generation are classified as Held for Sale. 2. Property, Plant and Equipment at Cello Platina classified as Asset Held for Sale.


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
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
1 Gain/(loss) on Remeasurements of defined benefit plan -1200000 -1400000
2 Gain/(loss) on fair valuation of quoted investments in equity shares -8937900000 5888500000
3 Income tax (expenses) /reversal relating to items that will not be reclassified to profit or loss 1278400000 -841700000
Total Amount of items that will not be reclassified to profit and loss -7660700000 5045400000
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
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 0.00 0.00
5 Total Other comprehensive income (76,607.00) 50,454.00




Amount in (Lakhs)

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 Kirloskar Industries Limited Aditi Chirmule Key Managerial Personnel Remuneration 0.00 NIL 145.00 (1.00) 0.00
2 Kirloskar Industries Limited Aditi Chirmule Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 NIL 20.00 (236.00) (256.00) Textual Information(1)
3 Kirloskar Industries Limited Ashwini Mali Key Managerial Personnel Remuneration 0.00 NIL 29.00 0.00 0.00
4 Kirloskar Industries Limited Ashwini Mali Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit and Benefit on exercise of Employee Stock Option Rights (ESAR) 0.00 NIL 4.00 (12.00) (16.00)
5 Kirloskar Industries Limited Anandh Baheti Key Managerial Personnel Remuneration 0.00 NIL 59.00 0.00 0.00
6 Kirloskar Industries Limited Anandh Baheti Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 NIL 4.00 (6.00) (11.00) Textual Information(2)
7 Kirloskar Industries Limited Akshay Sahni Member of Promoter Group Any other transaction Reimbursement of Expenses 0.00 NIL 1.00 0.00 0.00
8 Kirloskar Industries Limited Akshay Sahni Member of Promoter Group Any other transaction Accrued leave encashment and gratuity benefit 0.00 0 10.00 0.00 (10.00) Textual Information(3)
9 Kirloskar Industries Limited George Verghese Key Managerial Personnel Remuneration 0.00 NIL 41.00 0.00 0.00
10 Kirloskar Industries Limited George Verghese Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 NIL 2.00 0.00 (2.00)
11 Kirloskar Industries Limited Atul Kirloskar Director Any other transaction Sitting fees 0.00 NIL 2.00 0.00 0.00
12 Kirloskar Industries Limited Atul Kirloskar Director Any other transaction Director Commission 0.00 NIL 38.00 0.00 0.00
13 Kirloskar Industries Limited Kirloskar Ferrous Industries Limited Subsidiary Investment 0.00 NIL 0.00 37,412.00 37,412.00
14 Kirloskar Industries Limited Kirloskar Ferrous Industries Limited Subsidiary Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
15 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Loan 40,000.00 Approved by Audit Committee 0.00 26,065.00 29,855.00 Loan 8.25 7 years or as mutually decided by both the parties Unsecured Business
16 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Interest received 0.00 NIL 1,181.00 477.00 1,540.00
17 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Loan given 0.00 NIL 5,330.00 0.00 0.00
18 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Repayment of loan given 0.00 NIL 1,540.00 0.00 0.00
19 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Deemed Investment (Fair value of ESAR to employees of subsidiary) 0.00 NIL 61.00 867.00 807.00
20 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Investment 0.00 Nil 0.00 8,413.00 8,413.00
21 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Investment in preference shares 2,500.00 Approved by Audit Committee 0.00 2,500.00 2,500.00 Investment 8.25 Within 20 years from the date of issue Unsecured Business
22 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Finance income on investment in preference shares 0.00 NIL 103.00 206.00 310.00
23 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Security Deposit Asset 26.00 Approved by Audit Committee 0.00 26.00 26.00
24 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Interest unwinding on Security Deposits 0.00 NIL 1.00 0.00 1.00 Textual Information(4)
25 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Initial difference on fair valuation of security deposit transferred to ROU 0.00 NIL 0.00 (7.00) (7.00)
26 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction ROU Asset 0.00 NIL 0.00 7.00 7.00
27 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Amortisation of ROU asset created on fair valuation of security deposit 0.00 NIL 1.00 0.00 (1.00)
28 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Business Facilitation Services 0.00 NIL 65.00 71.00 11.00
29 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
30 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Reimbursement of expenses paid 0.00 NIL 4.00 0.00 0.00
31 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Licensing fees paid 53.00 Approved by Audit Committee 26.00 0.00 0.00
32 Kirloskar Industries Limited Avante Spaces Limited Wholly Owned Subsidiary Any other transaction Common Amenities & Facilities fees 0.00 Approved by Audit Committee 54.00 0.00 0.00
33 Kirloskar Industries Limited Kirloskar Proprietary Limited Promoter Group Company Any other transaction Royalty Paid 0.00 Approved by Audit Committee [0.25% of Annual Sales Turnover (on the basis of quarterly financial results)] 2.00 0.00 0.00
34 Kirloskar Industries Limited Kirloskar Pneumatic Company Limited Promoter Group Company Investment 0.00 NIL 0.00 6,271.00 6,271.00 Textual Information(5)
35 Kirloskar Industries Limited Kirloskar Pneumatic Company Limited Promoter Group Company Any other transaction Fair valuation changes in investment 0.00 NIL 1,333.00 69,690.00 71,023.00
36 Kirloskar Industries Limited Samarth Udyog Technology Forum Promoter Group Company Any other transaction Security Deposit 32.00 Approved by Audit Committee 32.00 0.00 (32.00)
37 Kirloskar Industries Limited Kirloskar Brothers Limited Promoter Group Company Investment 0.00 NIL 0.00 28,171.00 28,171.00 Textual Information(6)
38 Kirloskar Industries Limited Kirloskar Brothers Limited Promoter Group Company Any other transaction Fair valuation changes in investment 0.00 NIL 41,204.00 2,97,037.00 3,38,241.00
39 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Investment 0.00 NIL 0.00 16,981.00 16,981.00 Textual Information(7)
40 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Fair valuation changes in investment 0.00 NIL 16,343.00 42,114.00 58,456.00
41 Kirloskar Industries Limited S. L. Kirloskar CSR Foundation Promoter Group Company Investment 0.00 NIL 0.00 0.00 0.00
42 Kirloskar Industries Limited Kirloskar Management Services Private Limited Promoter Group Company Investment 0.00 NIL 0.00 18.00 18.00 Textual Information(8)
43 Kirloskar Industries Limited Kirloskar Management Services Private Limited Promoter Group Company Any other transaction Fair valuation changes in investment 0.00 NIL 0.00 16.00 16.00
44 Kirloskar Industries Limited Kirloskar Proprietary Limited Promoter Group Company Investment 0.00 NIL 0.00 0.00 0.00
45 Kirloskar Industries Limited Kirloskar Ferrous Industries Limited Subsidiary Any other transaction Business transfer agreement 0.00 NIL 0.00 (162.00) (162.00)
46 Kirloskar Industries Limited Green Tek Systems (India) Private Limited Promoter Group Company Any other transaction Security Deposit 0.00 Approved by Audit Committee 0.00 0.00 0.00
47 Kirloskar Industries Limited Kirloskar Energen Private Limited Promoter Group Company Any other transaction Security Deposit 1.00 Approved by Audit Committee 0.00 (1.00) (1.00)
48 Kirloskar Industries Limited Kirloskar Integrated Technologies Private Limited Promoter Group Company Any other transaction Security Deposit 1.00 Approved by Audit Committee 0.00 (1.00) (1.00)
49 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Security Deposit 741.00 Approved by Audit Committee 0.00 (741.00) (741.00)
50 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Interest unwinding on Security Deposits 0.00 NIL 22.00 111.00 90.00 Textual Information(9)
51 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Amortisation of Lease rental received in advance 0.00 NIL 23.00 (109.00) (87.00) Textual Information(10)
52 Kirloskar Industries Limited Kirloskar Solar Technologies Private Limited Promoter Group Company Any other transaction Security Deposit 14.00 Approved by Audit Committee 3.00 (11.00) (14.00)
53 Kirloskar Industries Limited Mahila Udyog Limited Promoter Group Company Any other transaction Security Deposit 0.00 Approved by Audit Committee 0.00 0.00 0.00
54 Kirloskar Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Licensing fees 1,482.00 Approved by Audit Committee 741.00 0.00 0.00 Textual Information(11)
55 Kirloskar Industries Limited Kirloskar Solar Technologies Private Limited Promoter Group Company Any other transaction Licensing fees 28.00 Approved by Audit Committee 14.00 0.00 0.00
56 Kirloskar Industries Limited Kirloskar Energen Private Limited Promoter Group Company Any other transaction Licensing fees 2.00 Approved by Audit Committee 1.00 0.00 0.00
57 Kirloskar Industries Limited Kirloskar Integrated Technologies Private Limited Promoter Group Company Any other transaction Licensing fees 2.00 Approved by Audit Committee 1.00 0.00 0.00
58 Kirloskar Industries Limited Mahila Udyog Limited Promoter Group Company Any other transaction Licensing fees 0.00 Approved by Audit Committee 0.00 0.00 0.00
59 Kirloskar Industries Limited Green Tek Systems (India) Private Limited Promoter Group Company Any other transaction Licensing fees 0.00 Approved by Audit Committee 0.00 0.00 0.00
60 Kirloskar Industries Limited Kirloskar Solar Technologies Private Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 9.00 6.00 1.00
61 Kirloskar Industries Limited Kirloskar Energen Private Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 1.00 0.00 1.00
62 Kirloskar Industries Limited Kirloskar Integrated Technologies Private Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 1.00 0.00 1.00
63 Kirloskar Industries Limited Mahila Udyog Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
64 Kirloskar Industries Limited Kirloskar Management Services Private Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
65 Kirloskar Industries Limited S. L. Kirloskar CSR Foundation Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
66 Kirloskar Industries Limited S. L. Kirloskar CSR Foundation Promoter Group Company Any other transaction CSR Expense 41.00 As per approved by Board 41.00 0.00 0.00
67 Kirloskar Industries Limited Kirloskar Foundation Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
68 Kirloskar Industries Limited Green Tek Systems (India) Private Limited Promoter Group Company Any other transaction Reimbursement of expenses 0.00 NIL 0.00 0.00 0.00
69 Kirloskar Industries Limited Kirloskar Management Services Private Limited Promoter Group Company Any other transaction Shared services 95.00 Approved by Audit Committee 20.00 (10.00) 0.00
70 Avante Spaces Ltd Satish Jamdar Director Any other transaction Other reimbursement 0.00 Nil 0.00 0.00 0.00
71 Avante Spaces Ltd Rahul Chandrakant Kirloskar Director Any other transaction Sitting fees 0.00 Nil 3.00 0.00 0.00
72 Avante Spaces Ltd Akshay Sahni Director Any other transaction Sitting fees 0.00 Nil 2.00 0.00 0.00
73 Avante Spaces Ltd Vinesh Kumar Jairath Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 0 168.00 (168.00) 0.00 Textual Information(12)
74 Avante Spaces Ltd Pratiksha Kadam Key Managerial Personnel Remuneration 0.00 Nil 5.00 0.00 0.00
75 Avante Spaces Ltd Pratiksha Kadam Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 Nil 0.00 (1.00) (1.00)
76 Avante Spaces Ltd Akshay Sahni Director Any other transaction Accrued leave encashment and gratuity benefit 0.00 Nil 6.00 (6.00) 0.00
77 Avante Spaces Ltd Deepak Porayath Key Managerial Personnel Remuneration 0.00 Nil 200.00 0.00 0.00
78 Avante Spaces Ltd Deepak Porayath Key Managerial Personnel Any other transaction Accrued leave encashment and gratuity benefit 0.00 Nil 7.00 (1.00) (8.00)
79 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Investment 0.00 Nil 0.00 0.00 0.00
80 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Any other transaction Royalty Fees 0.00 Approved by Audit Committee 0.00 0.00 0.00
81 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Any other transaction Common Amenities & Facilities fees 95.00 Approved by Audit Committee 48.00 0.00 0.00
82 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Any other transaction Legal and Professional consultancy 0.00 0 0.00 0.00 0.00
83 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Dividend received 0.00 Nil 0.00 0.00 0.00
84 Avante Spaces Ltd Kirloskar Proprietary Limited Promoter Group Company Any other transaction Other reimbursement 0.00 Nil 0.00 0.00 0.00
85 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Shared services 95.00 Approved by Audit Committee 3.00 (36.00) 0.00
86 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Security Deposit received 12.00 Approved by Audit Committee 0.00 (12.00) (12.00)
87 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Other reimbursement 0.00 Nil 6.00 0.00 0.00
88 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Administrative expense 95.00 0 2.00 0.00 0.00
89 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Common Amenities & Facilities fees 9.00 Approved by Audit Committee 4.00 0.00 0.00
90 Avante Spaces Ltd Kirloskar Management Services Private Limited Company in which related person is a Director Any other transaction Property Licensing fees 24.00 Approved by Audit Committee 12.00 0.00 0.00
91 Avante Spaces Ltd Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Other reimbursement 0.00 Nil 5.00 0.00 0.00
92 Avante Spaces Ltd Kirloskar Oil Engines Limited Promoter Group Company Any other transaction Common Amenities & Facilities fees 259.00 Approved by Audit Committee 129.00 5.00 0.00
93 Avante Spaces Ltd Kirloskar Chillers Private Limited Promoter Group Company Any other transaction Other reimbursement 0.00 Nil 1.00 0.00 0.00
94 Avante Spaces Ltd Kirloskar Chillers Private Limited Promoter Group Company Any other transaction Common Amenities & Facilities fees 46.00 Approved by Audit Committee 23.00 1.00 0.00
95 Avante Spaces Ltd Kirloskar Pneumatic Company Limited Promoter Group Company Any other transaction Other reimbursement 0.00 Nil 1.00 0.00 0.00
96 Avante Spaces Ltd Kirloskar Pneumatic Company Limited Promoter Group Company Any other transaction Common Amenities & Facilities fees 112.00 Approved by Audit Committee 56.00 1.00 0.00
97 Avante Spaces Ltd Snow Leopard Momentum LLP Promoter Group Company Any other transaction Reimbursement of expenses 0.00 Nil 2.00 0.00 0.00
98 Avante Spaces Ltd Snow Leopard Momentum LLP Promoter Group Company Any other transaction Security Deposit received 9.00 Approved by Audit Committee 0.00 (5.00) (5.00)
99 Avante Spaces Ltd Snow Leopard Momentum LLP Promoter Group Company Any other transaction Property Licensing Fees 9.00 Approved by Audit Committee 5.00 0.00 0.00
100 Avante Spaces Ltd Kirloskar Ferrous Industries Limited Fellow Subsidiary Any other transaction Common Amenities & Facilities fees 143.00 Approved by Audit Committee 72.00 2.00 0.00
101 Avante Spaces Ltd Kirloskar Ferrous Industries Limited Fellow Subsidiary Any other transaction Other reimbursement 0.00 Nil 2.00 0.00 0.00
102 Avante Spaces Ltd S. L. Kirloskar CSR Foundation Promoter Group Company Any other transaction CSR Expense 55.00 Approved by Audit Committee 55.00 0.00 0.00
103 Avante Spaces Ltd Kirloskar Solar Technologies Private Limited Promoter Group Company Any other transaction Retention Money 0.00 Nil 1.00 (5.00) (4.00)
104 Avante Spaces Ltd Kirloskar Solar Technologies Private Limited Promoter Group Company Purchase of goods or services 0.00 Nil 2.00 (2.00) 0.00
105 Kirloskar Ferrous Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Sale of goods or services 20,000.00 Nil 8,317.00 0.00 0.00
106 Kirloskar Ferrous Industries Limited Oliver Engineering Private Limited Wholly-owned Subsidiary Loan 5,000.00 Nil 3,057.00 0.00 0.00
107 Kirloskar Ferrous Industries Limited Oliver Engineering Private Limited Wholly-owned Subsidiary Sale of goods or services 10,000.00 Nil 2,557.00 0.00 0.00
108 Kirloskar Ferrous Industries Limited Kirloskar Brothers Limited Promoter Group Company Sale of goods or services 4,500.00 Nil 1,540.00 0.00 0.00
109 Kirloskar Ferrous Industries Limited Kirloskar Management Services Private Limited Promoter Group Company Purchase of goods or services 2,000.00 Nil 689.00 6.00 0.00
110 Kirloskar Ferrous Industries Limited Kirloskar Proprietary Limited Promoter Group Company Any other transaction Payment of royalty 3,000.00 Nil 533.00 0.00 0.00
111 Kirloskar Ferrous Industries Limited Ravindranath Venkatesh Gumaste Key Managerial Personnel Remuneration Nil 370.00 0.00 0.00
112 Kirloskar Ferrous Industries Limited Ravindranath Venkatesh Gumaste Key Managerial Personnel Any other transaction Commission Nil 350.00 0.00 0.00
113 Kirloskar Ferrous Industries Limited Kirloskar Pneumatic Company Limited Promoter Group Company Purchase of goods or services 1,000.00 Nil 315.00 0.00 0.00
114 Kirloskar Ferrous Industries Limited Nishikant Ektare Executive Director Any other transaction Commission Nil 250.00 300.00 0.00
115 Kirloskar Ferrous Industries Limited Linde India Limited Customer Sale of goods or services 5,000.00 Nil 237.00 0.00 0.00
116 Kirloskar Ferrous Industries Limited Kirloskar Pneumatic Company Limited Promoter Group Company Sale of goods or services 10,000.00 Nil 204.00 0.00 0.00
117 Kirloskar Ferrous Industries Limited Raviprakasha Srinivasa Srivatsan Key Managerial Personnel Remuneration Nil 184.00 0.00 0.00
118 Kirloskar Ferrous Industries Limited Raviprakasha Srinivasa Srivatsan Key Managerial Personnel Any other transaction Commission Nil 150.00 0.00 0.00
119 Kirloskar Ferrous Industries Limited Nishikant Ektare Executive Director Remuneration Nil 88.00 7.00 6.00
120 Kirloskar Ferrous Industries Limited Mayuresh Gharpure Key Managerial Personnel Remuneration Nil 30.00 0.00 0.00
121 Kirloskar Ferrous Industries Limited S. Venkataramani Director Any other transaction Commission Nil 19.00 0.00 0.00
122 Kirloskar Ferrous Industries Limited Adicca Engergy Solutions Private Limited Wholly-owned Subsidiary Interest received Nil 14.00 42.00 55.00
123 Kirloskar Ferrous Industries Limited Vijaydipak Varma Director Any other transaction Commission Nil 13.00 0.00 0.00
124 Kirloskar Ferrous Industries Limited Pravir Kumar Vohra Director Any other transaction Commission Nil 13.00 0.00 0.00
125 Kirloskar Ferrous Industries Limited Shalini Sarin Director Any other transaction Commission Nil 10.00 0.00 0.00
126 Kirloskar Ferrous Industries Limited Rahul Kirloskar Director Any other transaction Commission Nil 9.00 0.00 0.00
127 Kirloskar Ferrous Industries Limited Tridem Port & Power Company Private Limited Wholly-owned Subsidiary Advance 10,000.00 Nil 7.00 0.00 0.00
128 Kirloskar Ferrous Industries Limited Kirloskar Oil Engines Limited Promoter Group Company Purchase of goods or services 1,000.00 Nil 5.00 0.00 0.00
129 Kirloskar Ferrous Industries Limited Vijaydipak Varma Director Any other transaction Sitting Fees Nil 5.00 0.00 0.00
130 Kirloskar Ferrous Industries Limited S. Venkataramani Director Any other transaction Sitting Fees Nil 5.00 0.00 0.00
131 Kirloskar Ferrous Industries Limited Maruthuvakudi Srinivasan Director Any other transaction Commission Nil 5.00 0.00 0.00
132 Kirloskar Ferrous Industries Limited Rajashekhar Pattanasetty Director Any other transaction Commission Nil 5.00 0.00 0.00
133 Kirloskar Ferrous Industries Limited Sourirajan Rajagopalan Director Any other transaction Commission Nil 5.00 0.00 0.00
134 Kirloskar Ferrous Industries Limited Rahul Kirloskar Director Any other transaction Sitting Fees Nil 4.00 0.00 0.00
135 Kirloskar Ferrous Industries Limited Pravir Kumar Vohra Director Any other transaction Sitting Fees Nil 4.00 0.00 0.00
136 Kirloskar Ferrous Industries Limited Shalini Sarin Director Any other transaction Sitting Fees Nil 3.00 0.00 0.00
137 Kirloskar Ferrous Industries Limited M S Srinivasan Director Any other transaction Sitting Fees Nil 3.00 0.00 0.00
138 Tridem Port & Power Company Private Limited Nagapattinam Energy Private Limited Wholly-owned Subsidiary Advance Nil 3.00 0.00 0.00
139 Tridem Port & Power Company Private Limited Nagapattinam Energy Private Limited Wholly-owned Subsidiary Any other transaction Impairment provision Nil 3.00 0.00 0.00
140 Kirloskar Ferrous Industries Limited Pattanasetty Rajashekhar Director Any other transaction Sitting Fees Nil 2.00 0.00 0.00
141 Kirloskar Ferrous Industries Limited Sourirajan Rajagopalan Director Any other transaction Sitting Fees Nil 2.00 0.00 0.00
142 Kirloskar Ferrous Industries Limited Aditi Kirloskar Director Any other transaction Sitting Fees Nil 1.00 0.00 0.00
143 Kirloskar Ferrous Industries Limited Adicca Engergy Solutions Private Limited Wholly-owned Subsidiary Loan 10,000.00 Nil 0.00 310.00 310.00
144 Nagapattinam Energy Private Limited Best Exim Private Limited Wholly-owned Subsidiary Advance Nil 0.00 0.00 0.00
145 Nagapattinam Energy Private Limited Best Exim Private Limited Wholly-owned Subsidiary Any other transaction Impairment provision Nil 0.00 0.00 0.00
146 Nagapattinam Energy Private Limited Marshal Microware Infrastructure Development Pvt Limited Wholly-owned Subsidiary Advance Nil 0.00 0.00 0.00
147 Nagapattinam Energy Private Limited Marshal Microware Infrastructure Development Pvt Limited Wholly-owned Subsidiary Any other transaction Impairment provision Nil 0.00 0.00 0.00
148 Nagapattinam Energy Private Limited Success Power & Infraprojects Pvt Limited Wholly-owned Subsidiary Advance Nil 0.00 0.00 0.00
149 Nagapattinam Energy Private Limited Success Power & Infraprojects Pvt Limited Wholly-owned Subsidiary Any other transaction Impairment provision Nil 0.00 0.00 0.00
Total value of transaction during the reporting period 88,343.00



Text Block

Textual Information(1) For opening and closing balances, amounts in negative denote credit balances.
Textual Information(2) The Company has granted Employee Stock Appreciation Rights (ESAR units) to the Key Management Personnel. During the period, no units have been exercised by KMPs and accordingly no benefits have been reported towards the same. For the ESAR units that have not vested, the Company has recognised a net reversal of share-based payment expenditure amounting to Rs 3.12 crores during the period (01 April 2025 to 30 September 2025).
Textual Information(3) Accrued leave encashment and gratuity benefit provision has been transferred from ASL to KIL
Textual Information(4) As per Indian Accounting Standards (Ind AS), the security deposits given have been fair valued on initial recognition. The transaction value represents the unwinding of interest income on security deposits intiallly recognised at fair value.
Textual Information(5) The investments of the Company are carried at fair value as per the Indian Accounting Standards (Ind AS). The opening and closing balances represent the fair valuation impact as on the reporting dates. The transaction value represents the fair value changes. The original cost of investments (transaction value) of the Company are: Kirloskar Pneumatic Company Limited (Rs 62.71 crores).
Textual Information(6) The investments of the Company are carried at fair value as per the Indian Accounting Standards (Ind AS). The opening and closing balances represent the fair valuation impact as on the reporting dates. The transaction value represents the fair value changes. The original cost of investments (transaction value) of the Company are: Kirloskar Brothers Limited (Rs 281.71 crores).
Textual Information(7) The investments of the Company are carried at fair value as per the Indian Accounting Standards (Ind AS). The opening and closing balances represent the fair valuation impact as on the reporting dates. The transaction value represents the fair value changes. The original cost of investments (transaction value) of the Company are: Kirloskar Oil Engines Limited (Rs 169.81 crores).
Textual Information(8) The investments of the Company are carried at fair value as per the Indian Accounting Standards (Ind AS). The opening and closing balances represent the fair valuation impact as on the reporting dates. The transaction value represents the fair value changes. The original cost of investments (transaction value) of the Company are: Kirloskar Management Services Private Limited (Rs 0.18 crores).
Textual Information(9) As per Indian Accounting Standards (Ind AS), the security deposits received from lessees have been fair valued on initial recognition. The transaction value represents the unwinding of interest expense on security deposits initially recognised at fair value.
Textual Information(10) As per Indian Accounting Standards (Ind AS), the security deposits received from lessees have been fair valued on initial recognition. The initial difference on such Fair valuation is transferred to Lease rental received in advance, subsequently the amount of lease rental received in advance is amortized over the period by recognition of rental income in the statement of profit and loss.
Textual Information(11) The reported transaction values do not include the applicable indirect taxes.
Textual Information(12) Accrued leave encashment and gratuity benefit provision has been reversed since Vinesh Kumar Jairath ceased to be KMP and the period of employment for gratuity and leave encashment was not fulfilled.