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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1.The Company has only one Business Segment, disclosure under Ind AS 108 on “Operating Segment” as notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013.   2.After review by the Audit Committee, the Board of Directors of the Company has approved the above results at their meeting held on 10th Aug. 2023. The statutory auditors of the Company have carried out a Limited Review of the above results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended and have issued a modified opinion.   3.The above stated figures are in accordance with the principles and procedures of Indian Accounting standards (Ind AS) as notified under the Companies (Indian Accounting Standards)Rules,2015 as specified in section 133 of the Companies Act, 2013.   4.On account of disputed loans, the Company has not  booked any interest on amount of Rs. 71,809.38 Lakhs shown as outstanding in current borrowings.   5.With regards to the Company's going concern status, the Company expects to generate cash flow through divestment/monetization of its assets and recovery of its claims. The Company is also pursuing settlement of its dues /borrowings with its lenders. The Company belives that all these efforts will help in meeting its legitimate liabilities. As such, the Company continues to be a going concern and accordingly the financial statment has been prepared on that basis.   6.The subsidiaries considered in the consolidated financial statements as at June 30, 2023 are namely SKIL Advanced Systems Pvt Ltd. (100%).   7.SKIL Shipyard Holdings Pvt Ltd., a wholly owned subsidiary of the Company is admitted in NCLT for Corporate Insolvancy Process ( CIRP ) on 9th May, 2023. Since the value of the subsidiary is fully impaired in the books of accounts, the management of the Company does ot expect any major impact of the same on the financial statments of the Company. Company has not considered the financial statements of the said subsidiary in the above consolidated results as the Standalone Financial Results of the said subsidiary are not available to the Company due to suspension of the Board of Directors.   8.The figures for the previous period/year have been, regrouped and reclassified to make them comparable with those of current period.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses01D">Other Expenses</in-bse-fin:DescriptionOfOtherExpenses>
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