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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above results have been prepared in accordance with Ind AS, duly reviewed by the Audit Committee and approved by the Board of Directors at the Meetings held on 05.08.2024.      2. As required under SEBI regulations, a limited review of the above financials was conducted by the Statutory Auditors and the Limited Review Report as duly placed before the aforesaid meeting of the Board is enclosed.      3. Exemption has been granted by Ministry of Corporate Affairs (MCA) from publishing segment-wise information.      4. As per CCEA approval dated 8th September 2021, M/s Vignyan Industries Ltd, a subsidiary of BEML is under voluntary liquidation. Movable assets have been disposed off and disposal of immovable assets is in progress.      5. The group has advanced Rs 7301.03 lakhs to the MAMC consortium formed along with M/s Coal India Ltd(CIL) and M/s Damodar Valley Corporation (DVC) for acquiring specified assets of Mining &amp; Allied Machinery Corporation Ltd (MAMC) (under liquidation). The company's share in the consortium is 48%. As per the latest valuation report furnished by registered valuer, the fair value of MAMC assets is Rs 21795 Lakhs and the company's share of 48% comes to Rs 10462 Lakhs which is above the total advances paid to MAMC consortium.      6. M/s BEML Midwest Ltd subsidiary JV company formed with M/s Midwest Granite Pvt. Ltd has not prepared its Financial Statements due to litigation pending with National Company Law Tribunal. Hence the Consolidated Financial Statements do not include those related to the JV. The investments in BEML Midwest Ltd Rs 542.25 lakhs have been fully provided for in the books of the group.      7. Previous period figures have been regrouped and reclassified wherever necessary to make them comparable with the current period figures.       8. Group has paid an amount of Rs. 261.31 lakhs as advance to M/s Communication (Defence) Testing Foundation, a Section 8 company formed on 31.05.2024 between BEL, BEML, HAL and AWEIL with BEL as the majority shareholder, towards subscription of 26131 shares @ face value of Rs 1,000/- each, for which allotment of shares is under process.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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