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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. This statement has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 11 February 2022. The figures for the quarter and nine months ended 31 December 2021 have been subjected to limited review by the statutory auditors.      2. The Group operates in single segment viz. Coatings. Therefore, separate segment disclosures under the provisions of Ind AS 108 have not been given in respect of Consolidated Financial Results for the quarter and nine months ended 31 December 2021.      3. The consolidated financial results include the results of the following entities namely, Akzo Nobel India Limited (Parent) and ICI India Research &amp; Technology Centre (Subsidiary).      4. In preparation of financial results for the quarter and nine months ended December 31, 2021, the Group has taken into account the possible impact of COVID-19 and the related internal and external factors known to the management upto the date of approval of these financial results to assess the carrying amount of its assets and liabilities.      5. Current tax expense for the nine months ended 31 December 2021 is net of INR 168.7 Mn on account of reversal of tax provision pursuant to conclusion of assessments of certain earlier years.      6. The Board of Directors have approved a payment of interim dividend of Rs.40 (Rupees forty only) per equity share of the face value of Rs.10 each for the financial year ending 31 March 2022. The record date for the purpose of payment of interim dividend is fixed as 23  February 2022. The interim dividend will be paid on or after 7 March 2022 to those members entitled thereto after deduction of TDS, where applicable, at the prescribed rates.      7. Previous period figures have been regrouped/ reclassified, wherever necessary, to make them comparable to the current period figures.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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