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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above Unaudited Financial Results prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015, and the relevant amendment rules thereafter. These unaudited financial results have been reviewed by the Audit Committee and thereafter by the Board of Directors at their respective meeting held on 10th August, 2021 and the same had been subjected to a Limited Review by the Statutory Auditors.      2.The Figures for the quarter ended 31st March 2021 are the balancing figures between the audited figures in respect of the full financial year 2019-20 and the published unaudited year to date figure upto the third quarter ended 31st December 2020      3.The Company is primarily engaged in the business of diamonds and accordingly  there are no separate reportable segments pursuant to IND AS-108.      4.The formats for unaudited quarterly results is as prescribed under SEBI's Circular CIR/CFD/CMD/15/2015 dated November 30, 2015, as modified to comply with the requirements of SEBI's Circular dated July 5, 2016.      5. The figures for the earlier periods have been regrouped / reclassified / restated wherever necessary to       6. conform to the current period’s presentation.   The outbreak of COVID-19 pandemic globally and in India is causing significant disruption and slowdown of economic activity. The Company has evaluated impact of this pandemic on its business operations at the time of accounts for the quarter ended June' 2021 and based thereon and keeping in view the current indicators of future economic conditions, there is no significant impact on the financial statements for the quarter ended June' 2021 and accordingly accounts have been prepared on a going concern basis. The impact of the pandemic may be different from that estimated as at that date of finalization and subsequent approval of these standalone financial statements. The company will continue to closely monitor any material changes in economic conditions in future</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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