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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above unaudited financial results have been reviewed by the audit committee on 14th August, 2024 and approved by Board of Directors of the company at their meeting held on 14th August, 2024.   2. This statement has been prepared in accordance with the companies (Indian Accounting standard) Rules 2015, (IND AS) prescribed under section 133 of the companies Act ,2013.   3. The Company operates in Single segment namely Manufacture of electrical equipment for transmission and distribution of power.   4. The previous quarter's/year's figures have been regrouped/rearranged wherever necessary to make it comparable with Current quarter/year.   5. SandS have raised capital of Rs.46 Cr through a preferential allotment to promoters and acquired the minority stake of 33.14% in Acrastyle Power India Limited to convert it into a wholly owned subsidiary, which enabled the company to consolidate the entire sales of our UK operations into the Company.   Additionally, SandS acquired 100% stake in Hamilton Research and Technology (HART), is a Kolkata based company in the cutting edge of specialized and proprietary automation technology, with special focus on the Aluminium sector.  Hamilton Research and Technology results have been consolidated effective from 1st June 2024 and the previous years numbers are not comparable.   All the transactions mentioned above led to the allotment of 61,41,550 shares on May 29, 2024. This increased the company's net worth by Rs. 91 crore and enabled the company to repay loans and interest totalling Rs. 37.75 crore in Jul 24.   6. Figures for the quarter ended 30th June 2024 and the corresponding quarter ended in the previous year as reported in these standalone financial results are the balancing figures in respect of full financial year and the published year to date figures up to the end of first quarter of the relevent financial year. Also the figures upto the end of first quarter had only been reviewed and not subject to audit.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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