HERCULES2024-10-012024-12-31 HERCULES2024-10-012024-12-31 HERCULES2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member HERCULES2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member HERCULES2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 505720 HERCULES NOTLISTED Hercules Hoists Limited Equity 2024-04-01 2025-03-31 2025-02-10 2025-02-03 INR Lakhs Third quarter 11:15:00 12:00:00 2025-02-10 2025-02-10 Not applicable Single segment material handling equipment 2024-10-01 2024-12-31 Unaudited Standalone 0.00 28357000.00 28357000.00 0.00 0.00 0.00 105000.00 0.00 1000.00 894000.00 1000000.00 27356000.00 0.00 27356000.00 88000.00 0.00 88000.00 0.00 27268000.00 0.00 0.00 0.00 0.00 27268000.00 -558772000.00 -531504000.00 0.00 0.00 32000000.00 320 0.85 0.85 0.00 0.00 0.85 0.85 NOTES TO UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED AND NINE MONTHS ENDED DECEMBER 31, 2024: 1 The above Unaudited results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meetings held on February 10, 2025 as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2 The Unaudited Financial Results have been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 3 a) The Board of Directors of Hercules Hoists Limited (“HHL” or “Demerged Company”) had approved of Scheme of Arrangement for the demerger of its manufacturing business into Indef Manufacturing Limited,(“ IML” or “Resulting Entity) in their meeting held on September 23, 2022. The appointed date for the demerger is October 1, 2022. On August 2, 2024, the Hon'ble National Company Law Tribunal ( NCLT ) granted requisite approval for the scheme. The certified true copy of the NCLT order, along with the sanctioned scheme, was filed by both companies with the Registrar of Companies on September 30, 2024. Consequently, the scheme is effective as of September 30, 2024. b) In line with the accounting requirements of Appendix A to Ind AS 10 ( Distribution of Non-cash Assets to Owners ), the investment made by Hercules Hoists Limited in Indef Manufacturing Limited has been cancelled, resulting in Indef Manufacturing becoming a separate entity and ceasing to be a wholly owned subsidiary, as a result, Hercules Hoists Limited is no longer required to consolidate its financial statements from September 30, 2024. Hercules Hoists Limited is now classified as an Unregistered Core Investment Company (CIC), under the Core Investment Companies (Reserve Bank) Directions, 2016, and the other relevant provisions of the RBI Act. c) As consideration for the demerger, Indef Manufacturing Limited has issued equity shares to each shareholder of Hercules Hoists Limited on a 1:1 basis, based on the record date October 11, 2024 and IML had filed listing application to stock exchanges on October 29, 2024 for listing of 3,20,00,000 Equity shares and received in-principle approval from from BSE on December 23, 2024 and from NSE on January 17, 2025. IML havealso received relaxation from SEBI under under regulation 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957. IML have issued a public announcement on February 03,2025 as per applicable regulation and has filed trading application with BSE and NSE . The status of trading application is under process Single segment 2024-04-01 2024-12-31 Unaudited Standalone 0.00 59851000.00 59851000.00 0.00 0.00 0.00 105000.00 0.00 2000.00 3090000.00 3198000.00 56653000.00 0.00 56653000.00 1281000.00 -442000.00 839000.00 0.00 55814000.00 192065000.00 20539000.00 171526000.00 0.00 227340000.00 977731000.00 1205071000.00 0.00 0.00 32000000.00 320 1.74 1.74 5.36 5.36 7.10 7.10 Other Expenses 894000.00 Other Expenses 3090000.00 -652009000.00 1294970000.00 -93237000.00 316508000.00 0.00 731000.00