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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The Company has completed an Initial Public Offer ('IPO') of 18,961,038 Equity shares having face value of Rs. 1 each, at an issue price of Rs. 385 per equity share (including share premium of Rs. 384 per share), comprising offer for sale of 3,298,701 shares by selling shareholder aggregating to Rs. 1,270.00 million and a fresh issue of 15,662,337 shares aggregating to Rs. 6,030.00 million. The equity shares of the Company were listed on BSE Limited ('BSE') and National Stock Exchange of India Limited ('NSE') on 27 September 2023. Accordingly, the Unaudited Standalone Financial Results for the quarter ended 30 June 2023 have been drawn up for the first time, in accordance with the Listing requirements.   2.In terms of Regulation 33 of the SEBI LODR Regulations, 2015, this Statement of Unaudited Statement Financial Results for the quarter ended 30 June 2023 of the  Company has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 11 October 2023 and have been subject to a limited review by the statutory auditors of the Company.   3.The Unaudited Standalone Financial Results, for the quarter ended 30 June 2023 have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards 34, Interim Financial Reporting ('Ind AS - 34'),  prescribed under Section 133 of the Companies Act, 2013 (the Act) and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirement of SEBI LODR Regulations.   4.The figures for the year ended 31 March 2023 have been extracted from the general purpose standalone financial statements, which were audited by the Statutory auditors of the Company. The figures for the quarter ended 31 March 2023 are the balancing figures between the audited figures in respect of the full financial year ended 31 March 2023 and the unaudited year to date figures upto the period ended 31 December 2022, which were neither subjected to review nor audit.    5.The figures for the quarter ended 30 June 2022 have been extracted from the special purpose standalone financial statements of the Company, prepared in accordance with the Indian Accounting Standards (‘Ind AS’) specified under Companies (Indian Accounting Standards) Rules, 2015 (as amended) prescribed by Section 133 of the Act and other recognised accounting principles and policies generally accepted in India. These special purpose standalone financial statements were reviewed and recommended by the audit committee and approved by the Board of Directors at their respective meetings held on 24 September 2022, on which the statutory auditors of the Company had issued audit opinion vide report dated 24 September 2022.   6.As per Ind AS 108  Operating Segments , if a financial report contains both consolidated financial results and the separate financial results of the Parent Company, segment information may be presented on the basis of the consolidated financial results. Thus, disclosure required by regulation 33 of LODR regulations on segment information has been furnished in consolidated financial results.   7. Upto 30 June 2023, the Company had expensed off proportionate IPO related expenses, incurred on behalf of selling shareholder, that were to be reimbursed by the Selling Shareholders to the Company only upon the successful completion of the IPO process. Subsequent to the quarter- end, the Company has completed its IPO consequent to which the recovery of the above mentioned expenses has become virtually certain, that the management has assessed to be an adjusting event in accordance with Ind AS 10 “Events after the Reporting Period” and the related adjustment upto 30 June 2023, has been appropriately accounted for in these Unaudited Standalone Financial Results.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
<in-bse-fin:DescriptionOfOtherExpenses contextRef="OneOperatingExpenses01D">Other expenses</in-bse-fin:DescriptionOfOtherExpenses>
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