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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.    The above financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder, as amended from time to time.       2.    These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 9th February, 2022. The Statutory Auditors have carried out Limited Review of the above financial results for the quarter and nine months ended 31st December, 2021 in accordance with the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.      3.    The Company has adopted the option available under section 115 BAA of the Income Tax Act, 1961 as per taxation laws (‘Amendment’) Act ,2019 dated 11th December, 2019. Accordingly, the tax expenses have been computed and recognised in the quarter and nine months ended 31st December, 2021.      4.    The Company has taken into account all available information for assessing possible impact of COVID-19 on various elements of its financial results. The Management believes that there is no material  impact on the recoverability of carrying value of its assets.      5.    Previous year's/period's figures have been regrouped/recast/reclassified, wherever necessary.         Place: Mumbai                                                                  Nikhil J. Danani   Date: 9th February, 2022                                               Vice Chairman &amp; Managing Director</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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