OCCLLTD2024-10-012024-12-31 OCCLLTD2024-10-012024-12-31 OCCLLTD2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member OCCLLTD2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member OCCLLTD2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 544278 OCCLLTD NOTLISTED OCCL Limited Equity 2024-04-01 2025-03-31 2025-02-11 2025-02-03 INR Lakhs Third quarter 13:30:00 14:40:00 2025-02-11 2025-02-11 Not applicable Single segment Chemicals 2024-10-01 2024-12-31 Unaudited Standalone 961913000.00 2844000.00 964757000.00 363788000.00 0.00 1709000.00 122162000.00 19288000.00 69990000.00 316606000.00 893543000.00 71214000.00 0.00 71214000.00 12310000.00 6405000.00 18715000.00 0.00 52499000.00 0.00 0.00 0.00 0.00 52499000.00 0.00 52499000.00 0.00 0.00 99901000.00 2 1.05 1.05 0.00 0.00 1.05 1.05 1. These financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) Rules, 2015, as amended and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other accounting principles generally accepted in India. 2. The Company operates in single business segment i.e. Chemicals hence there are no reportable segments as per Ind AS 108 Operating Segments . 3. The Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench, and the National Company Law Appellate Tribunal (NCLAT), New Delhi, through their orders dated April 10, 2024, and May 27, 2024, respectively, approved the Scheme of Arrangement ( the Scheme ) under Sections 230-232 of the Companies Act, 2013, between Oriental Carbon & Chemicals Limited ( Demerged Company ), the Company, and their respective shareholders and creditors. As per the Scheme, the Chemical business of the Demerged Company was transferred to the Company on a going concern basis. This Scheme has been accounted for based on the appointed date, as defined in the Scheme (i.e., the date of filing the certified copy of the Scheme with the Registrar of Companies), which serves as the acquisition date for the accounting of business combinations under common control as per Ind AS 103, Business Combinations, and the General Circular issued by the Ministry of Corporate Affairs (MCA) on August 21, 2019, which mandates accounting treatment from the appointed date, i.e., July 1, 2024. As consideration for the demerger, the Company has issued 4,99,50,460 equity shares of Rs. 2 each, aggregating Rs. 999.01 lakhs, to the shareholders of the Demerged Company as of the record date i.e. July 1, 2024, in a 1:1 swap ratio. This involves issuing 5 equity shares of Rs. 2 each by the Company for every 1 equity share of Rs. 10 each held in the Demerged Company. The Company's Equity Shares have been listed on Bombay Stock Exchange and National Stock Exchange of India as required by the Scheme with effect from October 29, 2024. 4. Since, the Company has accounted for the demerger w.e.f. appointed date i.e. July 01, 2024 (Refer Note No. 3 above), therefore the current quarter and nine months results are not comparable with corresponding periods, since the Company did not have any operation till June 30, 2024. Further, figures for the corresponding quarter and nine months have been approved by the Board of Directors of the Company but was not subjected to review by the auditors. 5. Earnings per share (Basic and Diluted) for the period presented in the financial results are calculated after considering the impact of issuance of equity shares, as stated in note 3 above, from the appointed date i.e. July 01, 2024. 6. As on December 31, 2024, one entity is considered an associate of the Company as defined by Section 2(6) of the Companies Act, 2013. However, in accordance with Ind AS - 28, there are no subsidiaries, joint ventures, or associates therefore the Company is not required to consolidate the financials results of Associate. 7. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on February 11, 2025. The limited review, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, has been completed by the Statutory Auditors and they have expressed an unmodified opinion on the aforesaid results. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 1992544000.00 10925000.00 2003469000.00 738645000.00 8280000.00 -17235000.00 247931000.00 41592000.00 139813000.00 672337000.00 1831363000.00 172106000.00 0.00 172106000.00 29781000.00 15151000.00 44932000.00 0.00 127174000.00 0.00 0.00 0.00 0.00 127174000.00 0.00 127174000.00 0.00 0.00 99901000.00 2 2.55 2.55 0.00 0.00 2.55 2.55 Others 316606000.00 Others 672337000.00 0.00 0.00 0.00 0.00