SPENTEX2023-10-012023-12-31 SPENTEX2023-10-012023-12-31 SPENTEX2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member SPENTEX2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member SPENTEX2023-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 521082 SPENTEX NOTLISTED Spentex Industries Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-23 INR Lakhs Third quarter 17:00:00 23:30:00 2024-05-30 2024-05-30 Not applicable Single segment Yarn segment 2023-10-01 2023-12-31 Unaudited Standalone 0.00 522000.00 522000.00 0.00 0.00 0.00 219000.00 0.00 26281000.00 4257000.00 30757000.00 -30235000.00 0.00 -30235000.00 0.00 0.00 0.00 0.00 -30235000.00 0.00 0.00 0.00 0.00 -30235000.00 0.00 -30235000.00 0.00 0.00 618497000.00 10 -0.82 -0.82 0.00 0.00 -0.82 -0.82 1. These standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles as laid down in Indian Accounting Standards ( Ind AS ) as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. 2. The figures for the corresponding previous period have been regrouped/reclassified/recasted wherever necessary, to make them comparable. 3. The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 30th May, 2024 and have been audited by the Statutory Auditors of the Company. The Statutory Auditors vide their report dated 30th May, 2024 have expressed a modified opinion on the aforesaid results. 4. There is no manufacturing operations carried out by the company, hence, segmental reporting is not applicable as per Ind AS-108. 5. The Hon’ble National Company Law Tribunal, Principal Bench, New Delhi admitted the Corporate Insolvency Resolution Process (hereinafter referred to as “CIRP”) application filed against M/s. CLC Industries Limited by Financial Creditor, Edelweiss Asset Reconstruction Company Limited U/s.7 of the Insolvency and Bankruptcy Code, 2016 and appointed Mr. Subhash Kumar Kundra as the Interim Resolution Professional under the Code vide order dated January 03, 2020. The Adjudicating Authority approved the said Resolution Plan vide its order pronounced on May 12, 2023, accordingly necessary effect in the books of accounts has been given. 6. The Company is regularizing the compliance as prescribed under the approved Resolution Plan. 7. As provided in resolution plan, approved by Hon'ble NCLT vide its order dated 12th May 2023, Board has cancelled 100% shareholding of erstwhile promoters i.e. 3,77,97,226 of Rs.10/- each in it's Board Meeting held on 27.12.2023. Further, the Board had approved the allotment of 98,74,932 equity shares of Rs.10/- each to Manjeet Cotton Private Limited. 8.In terms of the relevant clauses of the approved Resolution Plan, the Company has sold the Buttibori unit during the period under consideration. 9.There is one shareholder investors complaint received and disposed as well during period under review. Single segment 2023-04-01 2023-12-31 Unaudited Standalone 0.00 28608000.00 28608000.00 0.00 0.00 0.00 1899000.00 0.00 82041000.00 21997000.00 105937000.00 -77329000.00 0.00 -77329000.00 0.00 0.00 0.00 0.00 -77329000.00 0.00 0.00 0.00 0.00 -77329000.00 0.00 -77329000.00 0.00 0.00 618497000.00 10 -2.06 -2.06 0.00 0.00 -2.06 -2.06 Other expenses 4257000.00 Other expenses 21997000.00 0.00 0.00 0.00 0.00