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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, this Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2022 ( Unaudited Standalone Financial Results ) of the Company has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 23, 2023, and have been subject to a limited review by the statutory auditors of the Company.2. The Unaudited Standalone Financial Results of the Company have been prepared in accordance with the Indian Accounting Standards notified under Section 133 of the Companies Act 2013, as amended read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, as amended (the  Listing requirements ).3. During the current quarter, Gland Pharma International PTE. Ltd., Singapore, (Gland Singapore) a wholly owned subsidiary of the Company, has entered into a Put option agreement on November 29, 2022 to acquire 100% of the issued capital of Phixen SAS, France(doing business as Cenexi and hereinafter referred as  Cenexi) and 3 holding companies of Cenexi for a maximum consideration of EUR 210 Mn for the proposed acquisition, which includes equity consideration of Euro 120 Mn and balance for debt repayment. Subsequently, Gland Singapore has entered into a Share Purchase Agreement on January 06, 2023. The closing of the transaction is subject to customary closing conditions and receipt of the necessary regulatory approvals. Pending this, no effect has been given for thesame in the results for the quarter.4. The Code of Social Security 2020 ('Code') relating to employee benefits during employment and post-employment 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 intoeffect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period in which the Code becomes effective.Note 5 to 8 refer the signed results submitted to the stock exchange</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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