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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above unaudited consolidated financial results for the quarter ended June 30, 2024 of the Company and its subsidiaries and its interest in associates, joint ventures and jointly controlled entities, were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on August 05, 2024. 2. The above unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Ind AS as prescribed under section 133 of the Companies Act, 2013, as amended, read with relevant rules thereunder. 3. The figures of the quarter ended March 31, 2024 are balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the financial year. 4. The Group is exclusively engaged in the business of real estate and allied activities. This in the context of Indian Accounting Standard (Ind AS 108) “Operating Segments , constitutes single operating segment. The Group does not have operations outside India, hence geographical segment is not applicable. 5. The Company has during the period issued fresh equity shares of INR 10 each at a premium of INR 650 per share aggregating INR 80,000 Lakh by way of qualified institutional placement (QIP), which were allotted on May 27, 2024 and got listing and trading approval of BSE Limited and National Stock Exchange of India Limited on May 28, 2024 and May 29, 2024 respectively. The net proceeds (net off issue expenses) of INR 78,272 Lakh are to be utilized towards the purposes mentioned in placement document of QIP and the costs that are directly attributable to the aforesaid issue has been recognized in equity. The Company has utilised net proceed of INR 20,930 Lakh in accordance with the objects mentioned in the placement document of QIP and unutilized amount is lying in bank accounts.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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