SUMEETINDS2024-04-012024-06-30 SUMEETINDS2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SUMEETINDS2024-06-30 SUMEETINDS2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SUMEETINDS2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 514211 SUMEETINDS NOTLISTED Sumeet Industries Limited Equity 2024-04-01 2025-03-31 2024-08-09 2024-07-26 INR Lakhs First quarter 17:25:00 18:45:00 2024-08-09 2024-08-09 Not applicable Single segment TEXTILE 2024-04-01 2024-06-30 Unaudited Consolidated 2666933000.00 2702000.00 2669635000.00 2226860000.00 0.00 -7673000.00 68101000.00 55000.00 51842000.00 415160000.00 2754345000.00 -84710000.00 0.00 -84710000.00 0.00 0.00 0.00 0.00 -84710000.00 0.00 0.00 0.00 0.00 -84710000.00 -102000.00 -84812000.00 0.00 0.00 1036424000.00 0 -0.82 -0.82 0.00 0.00 -0.82 -0.82 1.The above Un-Audited Financial Results for the quarter ended 30th June, 2024, were reviewed and approved by the Board of Directors and taken on records by Chairman of Monitoring Committee on August 9, 2024. 2.The Financial results of M/s Sumeet Global Pte Limited, wholly owned overseas subsidiary of Sumeet Industries Ltd have been included in the Consolidated Financial Results. 3.Hon'ble National Company Law Tribunal, Ahmedabad Bench vide Order dated December 20, 2022 appointed Interim Insolvency Resolution Professional ( IRP ), ordering commencement of CIRP and Hon'ble National Company Law Tribunal vide its dated July 17, 2024 approved the Resolution Plan submitted by the Successful Resolution Applicant ( Eagle Group ) for the Company, effect of which shall be taken in the books upon fulfilment of conditions precedent as per the plan. 4.The Hon'ble NCLT Bench Ahmedabad has approved the Resolution Plan submitted by Eagle Group “(Successful Resolution Applicant ) on dated 16.07.2024. Monitoring Committee has been formed on 30.07.2024 by appointing Erstwhile RP as Chairman of the monitoring committee 5.The Standalone and Consolidated Financial Results of a Company are required to be authenticated by the Chairperson of the Board of Directors, where authorized by the Board or at least two Directors, of which one shall be the Managing Director or the CEO (being a Director), the CFO and the Company Secretary where they are appointed. The resolution plan submitted by Resolution Applicant has been approved by the Hon’ble NCLT and Monitoring Agency has been formed to manage the affairs of the company as per approved plan. Monitoring committee has invited Radheshyam B Jaju and Pratik R, Jajoo to be appointed as Executive Director of the company and accordingly they have appointed as additional Executive Director of the company on dated 05.08.2024 and signed the Financial result in the capacity of Executive Director and were taken on record by Chairman monitoring committee. 6.The company has not provided interest amount in the financial accounts on outstanding loans during the quarter under review due to initiation of CRIP vide Hon'ble NCLT Order dated 20.12.2022 7.These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ('Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013. 8.The Company is operating in Textile Business only therefore, there is only one reportable segment in accordance with the Accounting Standards AS-17 issued by ICAI. 9. The figures of previous period are regrouped/reclassified wherever necessary to correspond to the figures of the current reporting period. Other expenses 415160000.00 Fair Value of Equity Instruments through other comprehensive income 35000.00 35000.00 0.00 Exchange difference in translating the financial statement of a foregn operation -137000.00 -137000.00 0.00