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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">Notes forming part of above STANDALONE results:      1.  The Company operates in only one segment viz., Electrical installation products.      2.  The above standalone results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 07, 2023      3.  The Statutory Auditors of the Company carried out a limited review of the Financial Results for the quarter ended June 30, 2023,      4.  The above Standalone financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013, read with relevant rules thereunder.      5.  The figures of the preceding 3 months ended March 31, 2023 are the balancing figures between the audited figures in respect of the full previous financial year and the published year to date figures upto the third quarter of the respective financial year and       6.  Previous period’s figures have been regrouped/ reclassified wherever necessary to conform to this period’s classifications      7.  During the period under review, 1,00,000 equity shares were allotted upon conversion of warrants exercised by warrant subscribers and thereby the paid up share capital of the Company increased from Rs. 16,28,27,370 comprising of 1,62,82,737equity shares of Rs.10/- each to Rs. 16,38,27,370 comprising of Rs. 1,63,82,737 equity shares of Rs.10/- each.      8.  During the period under review, the Company made following investments       Acquired 30,000 equity shares of Rs. 10/- each for total value of Rs. 3 Lakhs in Salzer EV Infra Private Limited (wholly owned subsidiary of the Company).       Acquired 30,000 equity shares of Rs.10/- for a total value of Rs.3 Lakhs in Salzer Kostad EV Charges Private Limited (Associate Company).                                                                        For SALZER ELECTRONICS LIMITED      Coimbatore - 641 047.                             (sd/-) R Doraiswamy   August 07, 2023                                                   Managing Director     (DIN:00003131)</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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