INDLMETER2023-10-012023-12-31 INDLMETER2023-10-012023-12-31 INDLMETER2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member INDLMETER2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member INDLMETER2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member INDLMETER2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member INDLMETER2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 517571 INDLMETER NOTLISTED IMP Powers Limited Equity 2023-04-01 2024-03-31 2024-02-13 2024-02-06 INR Lakhs Third quarter 17:00:00 17:30:00 2024-02-13 2024-02-13 Not applicable Single segment Electrical products like power & distrubution transformer, spares & hydeo project 2023-10-01 2023-12-31 Unaudited Consolidated 3519000.00 0.00 3519000.00 818000.00 0.00 0.00 9645000.00 386000.00 15083000.00 10159000.00 36091000.00 -32572000.00 0.00 -32572000.00 0.00 0.00 0.00 0.00 -32572000.00 0.00 0.00 0.00 0.00 -32572000.00 10000.00 -32562000.00 -32558000.00 14000.00 0.00 10000.00 86366000.00 10 -3.77 -3.77 0.00 0.00 -3.77 -3.77 1) The above unaudited consolidated financial results which are in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 read with SEBI circular dated July 05, 2016, have been prepared by the supporting staff of the company and approved by Liquidator. 2) Liquidation Process under Section 33 of the Insolvency and Bankruptcy Code, 2016 has been admitted against the Company vide Honourable National Company Law Tribunal, Ahmedabad bench vide Order dated 19.12.2023 and Mr. Ravindra Kumar Goyal (having registration no. IBBI/ IPA-001 / IP-P- 02019 /2020-2021/13098} has been appointed as Liquidator of the company under section 34 of the Insolvency and Bankruptcy Code, 2016 and Resolution Professional has been discharged. Upon the order of Hon'ble NCLT, all the powers of board of directors shall cease to have effect and shall be vested in the Liquidator. Accordingly, the above Unaudited consolidated financial results of the Company for the quarter and nine month ended December 31, 2023 have been reviewed by Liquidator, Ravindra Kumar Goyal. The statutory auditors have carried out a limited review of these results. 3) As directed by the Hon’ble NCLT, the Liquidator has initiated the process for exploring possibility for the Scheme of Compromise or Arrangement as per Section 230 of The Companies Act, 2013 for IMP POWERS LIMITED (Corporate Debtor). 4) The Company is primarily engaged in the business of Electrical products like Power & Distribution Transformers, its parts and Hydro projects which together constitute a single segment in accordance with the Accounting Standard on Segment Reporting (Ind AS 108) 5) Provision for interest and finance charges on outstanding finance liability has not been provided in above financial results. 6) The order of Moratorium passed under Section 14 of the Insolvency and Bankruptcy Code, 2016 shall cease to have its effect and that a fresh Moratorium under section 33(5) of the Insolvency and Bankruptcy Code shall commence. 7) The Company had reported losses during the year as well as in earlier years. Hence, the net worth of the Company has been eroded. There is strain on the working capital and operations of the Company and it is undergoing significant financial stress. As stated in Note No. 2, Liquidation process was Initiated in respect of the Company w.e.f. December 19, 2023. 8) “Basis of preparation” The results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standard) Rules, 2015 as amended by the Companies (Indian Accounting Standards) (Amendment) Rules, 2016 and the relevant provisions of the Companies Act, 2013 (“the Act”). The results are prepared on going concern assumptions considering the fact that the process for exploring possibility for the Scheme of Compromise or Arrangement has been initiated. 9) Figures of the previous periods have been regrouped / reclassified / rearranged where ever considered necessary to conform current period/ Year Classification. Single segment 2023-04-01 2023-12-31 Unaudited Consolidated 20728000.00 0.00 20728000.00 14596000.00 0.00 4175000.00 31521000.00 1697000.00 45917000.00 42278000.00 140184000.00 -119456000.00 0.00 -119456000.00 0.00 0.00 0.00 0.00 -119456000.00 0.00 0.00 0.00 0.00 -119456000.00 29000.00 -119427000.00 -119414000.00 42000.00 0.00 29000.00 86366000.00 10 -13.83 -13.83 0.00 0.00 -13.83 -13.83 Other Expenses 10159000.00 Provision for doubtful Debts and loans & advances 0.00 Other Expenses 29558000.00 Provision for doubtful Debts and loans & advances 12720000.00 -10000.00 -29000.00