Amounts in the abridged financial statements are presented in Rupees in
thousands except as otherwise stated. The previous year figures have
been regrouped/reclassified, wherever necessary, to conform to the
current presentation.
The financial statements are prepared in accordance with Indian
Generally Accepted Accounting Principles (GAAP) under the historical
cost convention on the accrual basis except for certain financial
instruments which are measured at fair values. GAAP comprises mandatory
accounting standards as prescribed by the Companies (Accounting
Standards) Rules, 2006, the provisions of the Companies Act, 1956 and
guidelines issued by the Securities and Exchange Board of India (SEBI)
Accounting policies have been consistently applied by the Company and
are consistent with those used during the previous year.
(Refer to Schedule 12, 1 & 2 (j) in the Significant Accounting Policies
and Notes to Accounts of the annual standalone financial statements).
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