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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">The above results have been reviewed by the Audit Committee and approved by the Board at their respective meetings held on 1st November, 2021. The Auditors of the Parent Company have carried out a Limited Review of the above financial results for the quarter and half year ended 30th September, 2021 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.              In view of  highly uncertain economic environment due to the Covid -19 pandemic, which is continuously evolving, the Group has considered the possible effects that may result from this in the preparation of these financial results.   As per Group’s present assessment, no material impact is expected due to COVID-19 on the carrying values of assets and liabilities as on September 30, 2021 and the Group does not expect any impact of COVID-19 on its ability to continue as a going concern. The above evaluations are based on management's analysis after taking into consideration the internal and external information available up to the date of approval of these financial results, which are subject to uncertainties that COVID-19 outbreak might pose on economic recovery. The impact of the pandemic in the subsequent period is highly dependent on the situations as they evolve which is presently uncertain.              The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Parent Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective.                As on March 31, 2021, Graphite India Limited (GIL), through its wholly owned subsidiary, Graphite International B.V. (GIBV) had an investment amounting to USD 13.59 Million in General Graphene Corporation, USA (associate). During the current quarter, there has been an additional investment of USD 2.5 Million in the aforesaid associate.              Figures for the previous periods have been regrouped/rearranged wherever necessary to make them comparable with current period's classification.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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