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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above financial results for the quarter ended 30th June, 2023 have been reviewed by the Audit Committee and approved by the Board of Directors as its meeting held on 14.08.2023 and a limited review of the same was carried out by the Statutory Auditors of the Company.   2.Considering the requirements under Indian Accounting Standard (Ind AS) 108 on  Operating Segments ,the Company has identified sale of Steel and Power as primary business segments  and accordingly the disclosures have been made. As per this standard the Company has reported segment information as described below:                                                                                                                                                                                                                                                         (a) The steel segment includes production and marketing operations of Sponge iron, Billets &amp; Rebars (TMT).   (b) The power segment includes generation and marketing operations of Thermal and Gas based power.   3. Other income includes interest, lease rentals received and miscellaneous income.   4. 3,828-21.5% Listed,rated, redeemable,secured Non-Convertible Debentures (NCDs) of Rs 10,00,000 each issued to Edelweiss, Mumbai are stated at reduced face value of Rs 7,15,557 each NCD as on 30.06.2023 after partial payment of stipulated mandatory payments for NCD holders.   5.During the quarter ended 30th June, 2023, the Company has allotted 7,58,00,000 equity shares of Rs.1/- each at Rs.7.25/- per share (inclusive of share premium of Rs.6.25/-) to M/s Vizga Profiles Private Limited on conversion of 75,80,000 CCD's of the Company.   6.During the quarter ended 30th June, 2023, the Company has allotted 1,30,00,000 equity shares having a par value of  Rs. 1/-  per share with share premium of Rs. 14.75/- per share to Dhatre Udyog Limited on preferential basis.   7.During the the quarter ended 30th June, 2023,  the the Company has allotted 5,82,21,500 equity shares of Rs. 1/- each at  Rs. 7.25/- per share (inclusive of share premium of Rs. 6.25/-) to M/s Umashiv Garments Private Limited on conversion of 58,22,150 share warrants of the company.   8.Previous period/quarter figures have been re arranged/regrouped where ever considered necessary.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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