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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. These financial results have been prepared in accordance with Indian Accounting Standard (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the companies (Indian Accounting Standards) Rule, 2015 and relevant amendment thereunder.   2. The above results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 14, 2024. The Statutory Auditors have expressed an unmodified report on the results.   3. The Board of Directors of the Gabriel India Limited ('the Holding Company') has accorded its approval to execute the joint venture agreement between Inalfa Roof Systems B.V., of the Netherlands and the Holding Company, subject to receipt of requisite approvals, pursuant to which the shareholding of Inalfa and the Holding Company in Inalfa Gabriel Sunroof Systems Private Limited will be in the ratio of 51:49 in accordance with the terms contained.   4. The Figures for the quarter ended March 31, 2024 are derived figures between audited figures for the year ended March 31, 2024 and published figures for nine months ended December 31, 2023 which were subjected to limited review.   5. As the Company's business activity falls within a single operating segment viz.  auto components and parts , no segment information is required to be disclosed.   6. The Code on Social Security, 2020 (‘Code’), relating to employee benefits during employment and post-employment, received Indian Parliament approval and Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not   been notified. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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