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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The financial Results are prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and other recognised accounting practices and policies, as applicable.      2. The above unaudited standalone financial results of Vels Film International Limited (the company) for the period ended 30th September, 2024 were reviewed and recommended by the audit committee and approved by the Board of Directors, at their respective meeting held on 14th November, 2024. Mr. Ishari Ganesh Kadhirvelan, Managing Director of the company is authorised by the board of directors to sign the financial   results.      3. The Company is in the business of production, distribution and/ or exhibition of films and motion pictures. As the Company collectively operates only in one business segment and there is no other business or geographical segment which fulfils the criteria of 10% or more of the combined revenue, the segment reporting under Accounting Standard 17 does not apply to the Company.      4. The statutory auditors of the Company have carried out limited review for the period ended 30th September 2024 and have expressed an unmodified opinion. The financial results have been prepared in accordance with the recognition and measurement principles laid down in the Relevant Accounting Standards prescribed under section 133 of the Companies Act, 2013 with relevant rules thereunder and the terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.      5. Previous year/ period figures have been regrouped/ rearranged wherever necessary, to make them comparable with the figures of the current period.      6. No investor complaints were recorded or received during the year and any previous year. Consequently, here are no unresolved complaints.      7. No dividends were declared during the year by the Company.</in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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