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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The unaudited standalone financial results for the quarter ended 30 June 2019 were reviewed by the  nAudit Committee and approved by the Board of Directors of the Company at their meetings held on 7  nAugust 2019 and 8 August 2019, respectively.  n  n2.The results for the quarter ended 30 June 2019 presented were subjected to a  Limited Review  by  nthe Statutory Auditors of the Company. An unqualified report was issued by them thereon.  n  n3.These standalone results have been prepared in accordance with the Indian Accounting Standards  n(lnd AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules  nissued thereunder and other accounting principles generally accepted in India and guidelines issued  nby the Securities and Exchange Board of India.  n  n4. The figures of the quarter ended 31 March 2019 are the balancing figures between audited figures in  nrespect of the full financial year and published year to date figures upto the third quarter of the  nrelevant financial year, which were subjected to limited review by the statutory auditors.  n  n5. The impact of foreign currency fluctuations and re-measurement of derivate contracts on the  nfinancial results are as per attached  n  n6.Effective 1 April 2019, the Company has adopted Ind AS 116  Leases  using the modified  nretrospective approach. Accordingly, the comparatives have not been retrospectively adjusted. The  nadoption of Ind AS 116 did not have any significant impact on the financial results of the Company.  n  n7.The EPES for quarters are not annualized.  n  n8. The Board of Directors of the Company, at their meeting held on 29 May 2019, had approved a buyback  nof fully paid-up equity shares of the Company at a price not exceeding Rs.160 per share and for  nan aggregate consideration not exceeding Rs.2,500.00 lakhs. Pursuant to the said scheme, the  nCompany has bought back 833,160 equity shares of Rs.2 each for an aggregate purchase value of Rs.  n804.78 lakhs, excluding transaction costs, during the quarter ended 30 June 2019. Out of the  naforesaid shares bought back, 790,661 equity shares of Rs.2 each were extinguished before 30 June  n2019. Further, the weighted average number of equity shares considered for computation of EPES  nfor the quarter ended 30 June 2019 has also been accordingly adjusted for the effects of the  naforesaid total equity shares bought back.  n  n</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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