SHYAMMETL2023-10-012023-12-31 SHYAMMETL2023-10-012023-12-31 SHYAMMETL2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SHYAMMETL2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SHYAMMETL2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543299 SHYAMMETL NOTLISTED Shyam Metalics And Energy Limited Equity 2023-04-01 2024-03-31 2024-01-30 2024-01-22 INR Crores Third quarter 14:00:00 15:00:00 2024-01-30 2024-01-30 Not applicable Single segment Steel And Allied products 2023-10-01 2023-12-31 Unaudited Consolidated 33152900000.00 399200000.00 33552100000.00 25050400000.00 200000.00 -1171600000.00 1028400000.00 395800000.00 1820900000.00 4171900000.00 31296000000.00 2256100000.00 0.00 2256100000.00 210100000.00 788300000.00 998400000.00 0.00 1257700000.00 0.00 0.00 0.00 300000.00 1258000000.00 428900000.00 1686900000.00 1273000000.00 -15000000.00 1701900000.00 -15000000.00 2550800000.00 10 4.93 4.93 0.00 0.00 4.93 4.93 (ii) The Board of Directors of Shyam Sel & Power Limited, at its meeting held on August 31, 2022, had considered, and approved the merger of Hrashva Storage and Warehousing Private Limited (‘HSWPL’) into Shyam Sel & Power Limited (‘SSEL’) by way of a composite scheme of amalgamation. The Kolkata Bench of the National Company Law Tribunal (‘NCLT’), through its order dated September 22, 2023 has approved the scheme with the appointed date of the merger being April 1, 2022. As per guidance on accounting for common control transactions contained in Ind AS 103 “Business Combinations”, the merger has been accounted for using the pooling of interest method. Accordingly, the financial statements for the previous year ended 31 March 2023, the corresponding previous quarter and period ended 31 December 2022 have been restated, to include the impact of the merger.(iv) The Board of Directors of Shyam Sel & Power Limited, at its meeting held on August 31, 2022, had considered, and approved the amended resolution plan for acquisition and subsequent merger of Mittal Corp. Limited (‘MCL’) into Shyam Sel & Power Limited (‘SSEL’) by way of a resolution plan and amalgamation scheme dated February 17, 2023. The Mumbai Bench of the National Company Law Tribunal (‘NCLT’), through its order dated October 18, 2023, has approved the resolution plan including the amalgamation scheme. Considering that the scheme is effective from February 17, 2023, SSEL/Group has accounted for MCL as its own division from that date. Accordingly, the financial statements for the previous year ended 31 March 2023 have been restated, to include the impact of the merger. The difference between the fair value of net identifiable assets acquired and consideration paid on merger has been accounted for as capital reserve as on the scheme acquisition date.The Group is in the process of determining the fair values of the identified assets and liabilities for the purposes of purchase price allocation. Pending the final determination, the business combination has been accounted for, based on the provisional fair valuation report, in accordance with the principles of Ind AS 103 - Business Combination.(v) The Board of Directors of Shyam Sel & Power Limited, at its meeting held on October 25, 2022, had considered, and approved the merger of Platinum Minmet Private Limited (‘PMPL’) into Shyam Sel & Power Limited (‘SSEL’) by way of a composite scheme of amalgamation. The Kolkata Bench of the National Company Law Tribunal (‘NCLT’), through its order dated January 25, 2024 has approved the scheme with the appointed date of the merger being April 1, 2022. As per guidance on accounting for common control transactions contained in Ind AS 103 “Business Combinations”, the merger has been accounted for using the pooling of interest method. Accordingly, the financial statements for the previous year ended 31 March 2023, the corresponding previous quarter and period ended 31 December 2022 have been restated, to include the impact of the merger. (vii) During the current period, the Holding Company, has granted 876,738 and 216,000 stock options to its employees and to employees of its subsidiary company, pursuant to the Company's 'SMEL Performance ESOP Scheme (ESOP 2023)', and 'SMEL Loyalty Scheme (ESOP II - 2023)' respectively. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 95890200000.00 1079400000.00 96969600000.00 70978300000.00 41900000.00 -2201500000.00 3021800000.00 1117300000.00 5166800000.00 12766400000.00 90891000000.00 6078600000.00 0.00 6078600000.00 -1313400000.00 -703700000.00 -2017100000.00 0.00 8095700000.00 0.00 0.00 0.00 900000.00 8096600000.00 882500000.00 8979100000.00 8154700000.00 -58100000.00 9037200000.00 -58100000.00 2550800000.00 10 31.74 31.71 0.00 0.00 31.74 31.71 Other expenses 4171900000.00 Other expenses 12766400000.00 561500000.00 1153000000.00 132600000.00 270500000.00 0.00 0.00