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1.The primary operations of the Company relate only to one segment viz., friction materials. &lt;br /&gt; 
2.The above Unaudited financial results of the Company have been prepared in accordance with Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015. These results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 8th August, 2026. The Statutory Auditors have carried out a Limited Review for the Quarter ended 30th June, 2026 and have issued an unqualified report thereon. &lt;br /&gt; 
3.Other Comprehensive Income mainly comprise of the impact on movement in fair value of Non-Current Investments in Equity and Remeasurement of Defined Plan Benefits &lt;br /&gt; 
 &lt;br /&gt; 
4.The figures for the quarter ended 31st March 2026 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the financial year ended 31.03.2026. &lt;br /&gt; 
5.The Government of India has notified the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the 'New Labour Codes'). These Codes have been made effective from November 21, 2025, replacing and rationalizing the 29 existing labour laws. The corresponding and supporting Central Rules under these codes were notified on May 8, 2026. Considering the impact of these Rules, the Company is compliant with the said Rules and continues to monitor updates and would undertake appropriate action required, if any. &lt;br /&gt; 
 &lt;br /&gt; 
6.The Company has exercised the option of lower tax rate permitted under section 200 of the Income Tax Act 2025 (erstwhile Section 115BAA of the Income Tax Act 1961) and accordingly recognised provision for income tax for the three months ended 30 June 2026 based on the concessional rate prescribed under the said Section. &lt;br /&gt; 
 &lt;br /&gt; 
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