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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.tThese financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the companies (Indian Accounting Standards) Rules 2015 and relevant amendment thereafter.  n2.tThe Holding Company had made an Initial Public Offer ('IPO') during the Quarter ended 30 September, 2017, for 33,93,425 equity shares of Rs. 10 each, comprising of 3,39,750 fresh issue of equity shares by the Company and 30,53,675 equity shares offered for sale by share holders. The equity shares were issued at a price of Rs. 1,766 per share (including premium of Rs. 1,756 per share). Out of the total proceeds from the IPO of Rs. 59,928 Lakhs, the Company's share was Rs. 6,000 Lakhs from the fresh issue of 339,750 equity shares. Fresh equity shares were allotted by the Company on 14 September, 2017 and the shares of the Company were listed on the stock exchanges on 18 September, 2017.  nDetails of utilisation of IPO Proceeds are as follow  n  nttttttt(Rupees in Lakhs)  nParticularstObject of the Issue as per ProspectustTotal Utilization Up to June 30, 2020tAmount pending utilisation  na.tRe-payment/pre-payment, in full or in part, of certain borrowings availed by the Companyt               2,200 t                 2,200 t                    -     nb.tSetting up a unit for manufacturing of LED TVs at the Tirupati (A.P)t                  758 t                    758 t                    -     nc.dtFinance the enhancement of our backward integration capabilities in the lighting products vertical at  Dehradun Facilityt                  886 t                    796 t                    90   nd.tUpgradation of the information technology infrastructure of the Companyt               1,063 t                    941 t                   122   ne.tGeneral corporate purposes (see note 'b' below)t                  805 t                    805 t                    -     n tSub-totalt                  5,712 t                    5,500 t                      212   nf.tIPO Expenses (see note 'b' below)t                  288 t                    288 t                    -     n tTotalt                  6,000 t t   n  nNotes:  na.tThe company has deposited Rs. 212 Lakhs in schedule banks  as Fixed deposit.  nb.tEstimated IPO expenses reduced by Rs. 54 Lakhs and accordingly expense transferred to General Corporate Expenses.  n3.tThe above results were reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on August 04, 2020. The Limited Review for the quarter ended 30 June, 2020, has been carried out by the Statutory Auditor, as required under Regulation 33 of SEBI (LODR) Regulation, 2015.  n  nNote: Due to size constraint of words, please refer results filed with NSE for note no. 4,5 and 6.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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