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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The above unaudited standalone financial results of Bansal Wire Industries Limited,   the Company  have been reviewed by the Audit Committee and same has been approved by the Board of Directors in its meeting held on July 31, 2024. The statutory auditor have carried out limited review of standalone financial results of the company for the quarter ended June 2024 .      2. The statutory auditors of the Company have expressed an unmodified opinion on the unaudited standalone financial results for the quarter ended 30 June 2024.      3.The unaudited standalone financial results of the company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015, as amended.      4. The above statement of standalone unaudited financial results for the quarter ended June 30, 2024 are drawn up for the first time in accordance with the requirements of Regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement) Regulations, 2015, as amended.      5.The basic/diluted earnings per share for comparative period (i.e. quarter ended June 30 2023) has been presented considering the adjustments for split and issue of bonus shares as approved by the shareholders on November 24, 2023 in accordance with Ind AS 33.      6. The equity shares of the Company have been listed on National Stock Exchange of India Limited ( NSE ) and on BSE Limited ( BSE ) on July 10, 2024 by completing Initial Public Offer ( the IPO ) of  2,91,01,562 equity shares of face value of Rs. 5/- each at an issue price of Rs. 256/- per equity share (including share premium of Rs. 251/- per equity share) aggregating to Rs. 7,450 million.      7.The figures for the quarter ended March 2024 are the balancing figures between the audited figures for the year ended March 31, 2024 and for the nine months ended December 31, 2023.      8.The figures presented above for the quarter ended June 30, 2023 have been approved by Company's Board of Directors, but not been subjected to limited review or audit. The Management has exercised necessary diligence to ensure that the standalone financial results for this period provide a true and fair view of the Company's affairs.      9.Figures for the periods/year are reclassified, regrouped wherever necessary to conform to current period presentation.      10.The results for the quarter ended June 30, 2024 are available on the Company's website at www.bansalwire.com and also on the website of BSE Limited at www.bseindia.com and National Stock Exchange of India Limited at www.nseindia.com, where the shares of the Company are listed.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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