REMSONSIND2024-01-012024-03-31 REMSONSIND2024-01-012024-03-31 REMSONSIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member REMSONSIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member REMSONSIND2024-03-31 REMSONSIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member REMSONSIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member REMSONSIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member REMSONSIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530919 REMSONSIND NOTLISTED Remsons Industries Limited Equity 2023-04-01 2024-03-31 2024-05-28 2024-05-21 INR Lakhs Yearly 17:00:00 18:15:00 2024-05-28 2024-05-28 true Cash Flow Indirect Declaration of unmodified opinion Single segment Single segment 2024-01-01 2024-03-31 Audited Consolidated 810009000.00 16337000.00 826346000.00 439878000.00 14573000.00 3350000.00 163294000.00 15509000.00 29405000.00 108952000.00 774961000.00 51385000.00 203000.00 51588000.00 2768000.00 -2691000.00 77000.00 0.00 51511000.00 0.00 0.00 0.00 0.00 51511000.00 -1757000.00 49754000.00 0.00 0.00 0.00 0.00 69758000.00 10 7.38 7.38 0.00 0.00 7.38 7.38 Notes 1. The Company operates in single primary segment only, i.e. Automotive Components parts. 2. The above Standalone results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their respective meetings held on 28th May, 2024 as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. These standalone financial results have been prepared in accordance with the recognition and measurement principles under Ind AS as prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India 4. The Audited statement of cash flow has been prepared under the indirect method as set out in Ind-AS- 7 on the Statement of Cash Flows 5. The Board of Directors at their meeting held on 28th May, 2024 proposed final dividend of Rs.1.50/- per share i.e 15% on Equity Share of Rs. 10/- each, subject to the approval of the members at the ensuring Annual General meeting. 6. An accidental fire occurred at Company's their third party warehouse at Manesar and the Net losses after considering the claim settled by the insurance company have been classified as an exceptional item in the current Year. 7. (a). The company has Allotted 9,92,400 Equity Shares of Rs. 10/- (Rupees Ten only) each of the Company for cash at an issue price of Rs. 480/- each (including premium of Rs. 470/- per Equity Share) on preferential basis, as approved by the members of the Company in their Extra Ordinary General Meeting held on 20th December, 2023 to 47 persons in public category, upon receipt of full issue price from the said persons in accordance with the provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. (b). The company has allotted 2,70,000 Equity Shares of Rs. 10/- (Rupees Ten only) each of the Company upon conversion of 2,70,000 Warrants issued on preferential basis at an issue price of Rs. 480/- each (including premium of Rs. 470/- per Warrant), as approved by the members of the Company in their Extra Ordinary General Meeting held on 20th December, 2023 to 3 persons in Promoters and Promoter group entity. After the above allotment, the paid up share capital of the Company stands increased to Rs. 6,97,57,570 divided into 69,75,757 Equity Shares of Rs. 10/- each. (c). The company has incurred an expenses of Rs.476.36 Lacs on issue of securities which qualify as equity instruments, and the same has been netted off against the securities premium amount. 8. In Compliance with the Regulation 32 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations , 2015, the Company confirm that there is no deviation in the use of proceeds from the objects stated in the offer documents. The company has parked fund into fixed deposit for a temporary purpose. 9. The company has formed the below Joint Venture Companies viz. (a) ‘Aircom Remsons Automotive Private Limited’, having Corporate Identity Number (CIN): U22191HR2024PTC119590 on 07th March, 2024, with a capital ratio of 26:74 respectively, with the Registrar of Companies, Delhi and Haryana (b) (b) Daiichi Remsons Electronics Private Limited’, having Corporate Identity Number (CIN): U32204PN2024PTC230535 on 28th April, 2024, with a capital ratio of 50:50 respectively, with the Registrar of Companies, Pune 11. The Figures of Quarter ended 31st March 2024 and 31st March 2023 are balancing figures between the audited figures of the full financial year and the reviewed year to date figures upto the third quarter of the relevant financial year. 12. Figures for the corresonding periods in the previous year`s/ periods` have been regrouped/ rearranged/reclassified wherever necessary to make them comparable with the figures for the current period Single segment 2023-04-01 2024-03-31 Audited Consolidated 3123048000.00 32602000.00 3155650000.00 1750539000.00 52911000.00 -15155000.00 630279000.00 68043000.00 110077000.00 392694000.00 2989388000.00 166262000.00 -3849000.00 162413000.00 32406000.00 -3189000.00 29217000.00 0.00 133196000.00 0.00 0.00 0.00 0.00 133196000.00 7196000.00 140392000.00 0.00 0.00 0.00 0.00 69758000.00 10 1043040000.00 19.09 19.09 0.00 0.00 19.09 19.09 Other Expenditure 108952000.00 Other Expenditure 392694000.00 0.00 494460000.00 14776000.00 158520000.00 0.00 48145000.00 1200000.00 0.00 0.00 0.00 0.00 0.00 14992000.00 14992000.00 0.00 12069000.00 744162000.00 495901000.00 0.00 581951000.00 78458000.00 404674000.00 0.00 20429000.00 1085512000.00 4986000.00 44456000.00 1630855000.00 0.00 0.00 2375017000.00 69758000.00 1043040000.00 1112798000.00 1112798000.00 153884000.00 0.00 40087000.00 193971000.00 4605000.00 50835000.00 0.00 0.00 249411000.00 451135000.00 494915000.00 44515000.00 990565000.00 18483000.00 2894000.00 866000.00 0.00 1012808000.00 1262219000.00 2375017000.00 68043000.00 -23479000.00 -32981000.00 0.00 6592000.00 -2237000.00 -1130000.00 -17320000.00 0.00 -35928000.00 0.00 -26328000.00 0.00 110077000.00 0.00 -2155000.00 123000.00 -1052000.00 0.00 -6890000.00 0.00 5480000.00 0.00 0.00 0.00 0.00 0.00 6436000.00 0.00 36292000.00 198705000.00 0.00 0.00 0.00 43936000.00 0.00 154769000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 115900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5480000.00 0.00 0.00 0.00 -110420000.00 0.00 0.00 558314000.00 0.00 0.00 0.00 0.00 0.00 2538000.00 167462000.00 0.00 42523000.00 8559000.00 59651000.00 0.00 -370010000.00 -87353000.00 -43004000.00 0.00 -43004000.00 121462000.00 78458000.00 Item that will not be reclassified to profit and loss 403000.00 Item that will not be reclassified to profit and loss 226000.00 403000.00 226000.00 101000.00 57000.00 Item that will be reclassified to profit and loss -1887000.00 Item that will be reclassified to profit and loss 7414000.00 -1887000.00 7414000.00 172000.00 387000.00