RUSHIL2024-04-012024-06-30 RUSHIL2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member RUSHIL2024-06-30 RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue01Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue02Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue03Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentRevenue04Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults01Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults02Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults03Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentResults04Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets01Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets02Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets03Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentAssets04Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-06-30in-bse-fin:OneReportableSegmentLiabilities01Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-06-30in-bse-fin:OneReportableSegmentLiabilities02Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-06-30in-bse-fin:OneReportableSegmentLiabilities03Member RUSHIL2024-04-012024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member RUSHIL2024-06-30in-bse-fin:OneReportableSegmentLiabilities04Member RUSHIL2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 533470 RUSHIL NOTLISTED Rushil Decor Limited Equity 2024-04-01 2025-03-31 2024-08-01 2024-07-19 INR Millions First quarter 11:15:00 15:00:00 2024-08-01 2024-08-01 Not applicable Multi segment 2024-04-01 2024-06-30 Unaudited Standalone 2234980000.00 33780000.00 2268760000.00 1259010000.00 0.00 -38690000.00 160800000.00 51200000.00 73400000.00 598130000.00 2103850000.00 164910000.00 0.00 164910000.00 28170000.00 13630000.00 41800000.00 0.00 123110000.00 0.00 0.00 0.00 0.00 123110000.00 -160000.00 122950000.00 0.00 0.00 270470000.00 10 4.61 4.06 0.00 0.00 4.61 4.06 0.00 0.00 0.00 1. The above unaudited standalone and consolidated financial results for the quarter ended June 30, 2024 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on August 01, 2024. 2. The Company has intended to raise the funds by way of issue of Convertible Warrants on Preferential Basis to the Promoter Group and Non-Promoters in the board meeting held on 26.10.2023 and the same was approved in the Extraordinary General Meeting held on 18.11.2023. On 23.12.2023, the company had allotted 41,30,000 Convertible Warrants at an issue price of Rs. 297/- per warrant to Promoter Group and Non-Promoters as approved by the general body and in terms of the In-Principle approval accorded by the exchanges on 12.12.2023. The company received an amount of Rs 170.40 million during the said quarter against conversion of warrants. Total amount received Rs 487.60 million till 30th June 2024. The company may receive the balance funds against such warrants in one or more tranches during the time frame as mentioned in the SEBI (ICDR) Regulations. 3. The company has received proceeds from preferential allotment till 30th June 2024 amounting to Rs 487.60 million. The Utilization of the Net Proceeds towards the Objects of the Preferential issue through Convertible Warrants is summarized below: (Rs. in millions) Particulars Amount to be funded from the Net Proceeds Amount incurred till 30.06.2024 Decorative laminates including bigger size (Jumbo size) laminates manufacturing Project at Mansa 900.00 327.80 Working Capital Margin Requirement 100.00 0.00 MDF Plant & Machinery as well as Civil Work for existing MDF Manufacturing Plants 100.00 12.80 General Corporate Purpose 126.60 33.20 Total 1226.60 373.80 Balance Unutilized as on 30.06.2024 113.80 4. During the quarter, the company has converted 5,05,000 Convertible Warrants into equity share as summarized below. Date of Allotment No. of Equity Shares allotted 09.05.2024 1,90,000 24.05.2024 65,000 11.06.2024 2,50,000 Total 5,05,000 5. Other income includes foreign currency gain of Rs. 13.53 million for Quarter ended on June 30, 2024 due to foreign currency fluctuation and Rs 17.89 million due to Revenue Subsidy from Karnataka Government. 6. Segment Information as per Ind-AS 108, “Operating Segments” is disclosed in Segment Reporting. 7. The Company entered into Joint Venture Agreement for the purpose of manufacturing Plywood and other allied products and accordingly the Company has incorporated subsidiary named Rushil Modala Ply Limited during the quarter ended on 31st March, 2024 holding 51% shareholding in the said Company The Company has invested 23,86,735 No. of Equity shares in Rushil Modala Ply Limited upto the quarter ended on June 30, 2024. 8. The figures for the preceding 3 months ended 31st March, 2024 are the balancing figures between the audited figures in respect of the full financial Year ended 31st March, 2024 and the year-to-date figures up to the third quarter of that financial Year. 9. Previous period figures have been re-arranged/re-grouped wherever necessary. Other Expenses 598130000.00 Laminates & allied products 471730000.00 Medium Density Fiber Board 1708980000.00 Polyvinayl Chloride Board 71840000.00 Unallocated 0.00 2252550000.00 17570000.00 2234980000.00 Laminates & allied products 39380000.00 Medium Density Fiber Board 175170000.00 Polyvinayl Chloride Board 1560000.00 Unallocated 0.00 216110000.00 51200000.00 0.00 164910000.00 Laminates & allied products 2510500000.00 Medium Density Fiber Board 8658520000.00 Polyvinayl Chloride Board 298260000.00 Unallocated 0.00 11467280000.00 0.00 11467280000.00 Laminates & allied products 676090000.00 Medium Density Fiber Board 2267660000.00 Polyvinayl Chloride Board 76620000.00 Unallocated 0.00 3020370000.00 0.00 3020370000.00 Amount of items that will not be reclassified to profit and loss -220000.00 -220000.00 -60000.00 0.00