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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on July 23, 2024, A Limited review has been carried out by the Statutory Auditor.   2. The  company was engaged into the hotel business  till 19.09.2018 and no operating activities have been carried out during the period. However company is still engaged in Hotel Business Segment.   3. During the financial year ending March 31, 2019, the company had handed over its only operational asset 'Park Hyatt Goa Resort &amp; Spa' pursuant to the order of the Hon'ble Supreme Court, impacting company's ability to continue as a going concern. The title of above hotel property continues to remain in the name of the company and it has exercised its right of redemption by filing the redemption petition before Hon'ble High Court of Bombay at Goa. The petition is pending  adjudication and its outcome may impact the alleged sale of hotel property at Goa.   4. Finance cost represents provision for dividend on cumulative redeemable preference shares.   5. In terms of direction issued by Hon'ble High Court Delhi, the company will remain committed for the refund to space buyers.   6. Due to absence of profit, the company is presently in default in respect of redemption of 10% of the principal amount i.e. Rs. 4.15 Crore of Cumulative Redeemable Preference Share due on 30.10.2023.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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<in-bse-fin:DescriptionOfItemThatWillNotBeReclassifiedToProfitAndLoss contextRef="OneItemsThatWillNotBeReclassifiedToProfitAndLoss01D">Unrealised gain on Fair value of Financial Instruments</in-bse-fin:DescriptionOfItemThatWillNotBeReclassifiedToProfitAndLoss>
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