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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above standalone unaudited financial results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 14 February 2024. The Statutory Auditors of the Company have carried out limited review of the above financial results.      2.Merger of erstwhile Yuflow Engineering Private Limited with 'the Company      a. Pursuant to Scheme of Amalgamation (the  scheme ) u/s 230 to 232 of the Companies Act 2013, duly approved by the Honourable National Company Law Tribunal, Bengaluru Bench via order dated 28 February 2023, erstwhile wholly owned subsidiary company, Yuflow Engineering Private limited ('the Transferor Company') has been merged with the Company. Accordingly all the assets, liabilities and reserves of Yuflow Engineering Private Limited were transferred to and vested in the Company on a going concern basis with effect from 01 April 2021 being appointed Date ( Appointed Date ).      b. The Scheme has been accounted in accordance with Appendix C to Indian Accounting Standard - 103 applicable to common control business combinations and accordingly the comparative financial information for the quarter ended and nine months ended 31 December 2022 has been restated as if the aforesaid business combination had occurred from the date the entities have been under common control.      3.As per the provisions of the Companies Act, 2013, the rules made thereunder and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company has issued and alloted fully paid-up 1,000,000 equity shares of Rs.10 each (at a premium of Rs.619 per share) on preferential basis to Yuken Kogyo Company Limited (Promoter of the Company) on 28 June 2023.      4.In the Annual General Meeting held on 14 September 2023, the members of the Company approved the dividend of Rs.0.80 per equity share (8% of face value per share) as proposed by the Board of Directors in its meeting held on 29 May 2023 for the Financial Year ended 31 March 2023. Record date for payment of the above dividend is approved to be on 06 September 2023.   Total cash outflows from payments of approved dividends in the month of October 2023 is Rs.104 lakhs (subject to transfer for un-paid dividends).</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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