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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD"># EPS value is Not annualised .      1. The Company's operating segments have been aggregated as a single operating segment of   Storage Batteries and Allied Product . Hence, no separate segment information is disclosed.      2. Revenue from Operations is net of trade discounts / trade incentives.      3. The Board of Directors of the Company in their meeting held on September 3, 2021, and the members of the Company, in the Extraordinary General Meeting held on September 29, 2021, had approved divestment of entire equity shareholding held by the Company in Exide Life Insurance Company Limited (ELIC), a material wholly-owned subsidiary of the Company, in favour of HDFC Life Insurance Company Limited (HLIC), subject to necessary approvals from relevant regulatory/governmental authorities.   The Board of Directors of HLIC, in its meeting held on September 3, 2021, and the members of the HLIC, in the Extraordinary General Meeting held on September 29, 2021, had accorded their approval for acquisition of entire equity shareholding of ELIC, subject to requisite regulatory approvals.   Post receipt of such requisite regulatory approvals, the aforesaid transaction was completed on January 1, 2022, and the Company divested its entire equity shareholding in ELIC in favour of HLIC on that date for the agreed consideration.      4. The Company has considered the possible risk that may result from the pandemic relating to COVID-19 and expects to recover the carrying amount of all its assets including inventories, receivables, investments and other financial and non-financial assets in the ordinary course of business based on the internal and external information available upto the date of approval of these standalone financial results. The Company is continuously monitoring any material changes in economic conditions.      5. The Board has declared an interim dividend for the year 2021-22 of Rs.2.00 Per share (200% on the face value of Re. 1/- each). The record date for the same has been fixed as Feburary 08, 2022.       6. The aforementioned results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on January 31, 2022. The Limited Review of these results, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the Statutory Auditors of the Company.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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