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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes:The above financial results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on 16th June 2020.Effective 1st April 2019, the company has adopted Ind AS 116 - Leases using Modified Retrospective method. The company has recognised transitional adjustment in the opening balance of retained earnings.Exceptional income relates to refund of Value Added Tax pertaining to earlier years.The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year-to-date figures upto the third quarter of respective year.The Company has considered the possible effects that may result from the pandemic relating to COVID-19 on its operations. In developing the assumptions relating to the possible future uncertainties in the economic conditions because of this pandemic, the Company, as at the date of approval of these financial statements has used internal sources of information and market based intelligence to arrive at expected future performance of the company.The Company has only one primary business segment that of manufacturing Poly Iso Butylene.The figures pertaining to the previous periods have been regrouped, reclassified and restated wherever considered necessary.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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