CLNINDIA2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member CLNINDIA2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue01Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentRevenue02Member CLNINDIA2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue01Member CLNINDIA2022-10-012022-12-31in-bse-fin:FourReportableSegmentRevenue02Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults01Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentResults02Member CLNINDIA2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults01Member CLNINDIA2022-10-012022-12-31in-bse-fin:FourReportableSegmentResults02Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets01Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentAssets02Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member CLNINDIA2022-12-31in-bse-fin:OneReportableSegmentLiabilities01Member CLNINDIA2022-10-012022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member CLNINDIA2022-12-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares CLNINDIA 2022-04-01 2023-03-31 2023-01-03 INR Lakhs Third quarter Multi segment 2022-10-01 2022-12-31 Unaudited Standalone 1782600000.00 9000000.00 1791600000.00 819200000.00 104700000.00 185800000.00 173900000.00 600000.00 50900000.00 370900000.00 1706000000.00 85600000.00 200000.00 85800000.00 21800000.00 -3200000.00 18600000.00 0.00 67200000.00 0.00 0.00 0.00 0.00 67200000.00 -6000000.00 61200000.00 61200000.00 0.00 230800000.00 10 2.91 2.91 0.00 0.00 2.91 2.91 1.TheaboveresultshavebeenreviewedbytheAuditCommitteeandapprovedbytheBoardofDirectorsonitsmeetingheldon February 03, 2023. In terms of SEBI Circular CIR/CFD/CMD56/2016 dated May 27, 2016, the Company hereby declares that the Auditors have issued Limited Review Report with unmodified opinion on unaudited results for the quarter and nine months ended December 31, 2022.2.This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.3 The Company has recorded tax expense Rs. 892 Lakhs and interest thereon Rs. 630 aggregating to Rs. 1,522 Lakhs in respect of AY 2012-13 against the final assessment order dated November 22, 2022 consequent to Mutual Agreement Procedure (MAP) resolution agreed between Indian and Singapore competent authorities in accordance with rule 44G(6) of the Income Tax Rules, 1962. This case is primarily related to transfer pricing adjustment arising from international transactions with Associated Enterprise “Clariant (Singapore) Pte Ltd”. The Company had deposited Rs. 1,832 lakhs under protest with Income Tax Authorities in earlier years. The tax expenses and interest thereon have been disclosed under Tax expense of prior years and Exceptional item respectively for the nine month period ended December 31, 2022. Tax credit of Rs. 48 lakhs have been recorded in the quarter ended December 2022 basis the order giving effect dated November 22, 2022.4. Write back of tax expenses during the quarter and year ended March 31, 2022 relates to the provision no longer required in respect of the settlement of tax litigations of earlier years.5. Pursuant to the Agreement for Sale of Assets effective from February 28, 2021, Property, Plant and Equipment including leasehold improvements, furniture and fixtures and equipments of the Company situated at Reliable Tech Park, Airoli Office had been transferred to Clariant India Limited, a related party of the Company. The sale was subsequently concluded in June 30, 2021 quarter for Rs. 2,355 Lakhs, as a result, the Company had recognised profit on sale of these assets in other income of Rs. 573 lakhs in the quarter ended June 30, 2021 and year ended March 31, 2022.6.The Indian Parliament had approved the Code on Social Security, 2020 which would impact the contribution by the Company towards Provident Fund and Gratuity. The Ministry of Labour and Employment had released draft rules for the Code on Social Security, 2020 on November 13, 2020, and had invited suggestions from stakeholders which are under active consideration by the Ministry. The Company will assess the impact and its evaluation once the subject rules are notified and will give appropriate impact in the financial statements in the period in which, the Code becomes effective and the related rules to determine the financial impact are published.7. The Company had received a demand notice of Rs. 92.41 lakhs, Rs. 306.07 lakhs and Rs. 923.70 lakhs including interest of Rs. 3.55 lakhs, Rs. 11.77 lakhs and Rs. 34.90 lakhs respectively against alleged short deduction of TDS on the dividend payments made to then Parent companies during the quarter ended December 31, 2021, September 30, 2021 and year ended March 31, 2021 respectively.The Management is confident that, on the basis of its technical evaluation and indemnification letter received from promoter shareholders', there will be no liability that will devolve on the Company and accordingly no provision has been made in books of accounts in respect of this demand. Multi segment 2022-04-01 2022-12-31 Unaudited Standalone 5867600000.00 54700000.00 5922300000.00 2894600000.00 475300000.00 350400000.00 513900000.00 2200000.00 154300000.00 1191600000.00 5582300000.00 340000000.00 -63000000.00 277000000.00 186900000.00 -9200000.00 177700000.00 0.00 99300000.00 0.00 0.00 0.00 0.00 99300000.00 -6400000.00 92900000.00 99300000.00 0.00 230800000.00 10 4.30 4.30 0.00 0.00 4.30 4.30 Other expenses 370900000.00 Other expenses 1191600000.00 Plastics and Coatings 1723900000.00 Specialty Chemicals 58700000.00 Plastics and Coatings 5605200000.00 Specialty Chemicals 262400000.00 1782600000.00 5867600000.00 1782600000.00 5867600000.00 Plastics and Coatings 73500000.00 Specialty Chemicals 9500000.00 Plastics and Coatings 299100000.00 Specialty Chemicals 39500000.00 83000000.00 338600000.00 600000.00 2200000.00 -3200000.00 8. The Board, at their meeting held on April 22, 2022, based on recommendation of the Nomination & Remuneration Committee and subject to approval of shareholders through Postal Ballot, appointed Mr. Bharath R. Sesha as the Managing Director; Mr. Ravi Kapoor as a Non-Executive Director, acting as the Chairman of the Company; and Mr. Abhijit Naik as the Whole Time Director of the Company, effective from April 23, 2022 (also refer to note no 9). Moreover, consequent to acquisition of the Company by S K Capital and Heubach Group, Mr. Alfred Muench, Mr. Thomas Wenger and Mr. Sanjay Ghadge, Non-Executive Directors of the Company, being Clariant’s representatives, had resigned from Directorship of the Company effective form April 23, 2022.9. The Board, at their meeting held on February 03, 2023, based on recommendation of the Nomination & Remuneration Committee and subject to approval of the shareholders by way of a Special Resolution through Postal Ballot and all other applicable statutory approvals, as may be necessary, appointed Mr. Jugal Sahu, Chief Financial Officer of the Company as the Additional Director in the capacity of Executive Director and Chief Financial Officer for a period of 3 years from February 3, 2023 to February 2, 2026. Moreover, Mr.Abhijit Naik has resigned from the post of Whole-time Director due to change in work profile within the organization with effect from February 3, 2023.10. The Company has entered into a Captive Power Agreement (CPA) with First Energy 2 Private Limited (FE2PL) on December 02, 2022 to produce and supply solar power by FE2PL for captive use of the Company. Accordingly, the Company also entered into a Share Subscription & Shareholders Agreement (SSSA) with First Energy Private Limited (FEPL) and First Energy 2 Private Limited (FE2PL) to acquire 26% equity share capital of FE2PL in accordance with Electricity Act, 2003 and the rules (including Electricity rules, 2005) for a power plant to qualify as captive generating power plant. The Company has paid Rs. 3 crores for subscription of 30,00,000 equity shares at Rs. 10 each on January 9, 2023.11. The figures for the previous periods have been regrouped/recasted wherevernecessary,toconformtothecurrentperiod'sclassification. -3600000.00 85600000.00 340000000.00 Plastics and Coatings 5003000000.00 Specialty Chemicals 21300000.00 5024300000.00 741200000.00 5765500000.00 Plastics and Coatings 1395000000.00 Specialty Chemicals 13400000.00 1408400000.00 118400000.00 1526800000.00