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Dabur India Directors Report, Dabur India Reports by Directors
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Dabur India
BSE: 500096|NSE: DABUR|ISIN: INE016A01026|SECTOR: Personal Care
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Directors Report Year End :    Mar 12
201312 - Quarter 3

1. Interim Dividend (Re.0.75 per share having par value of Re.1)
aggregating Rs.153.02 cr. including
tax has been paid during the quarter.

2. Pursuant to the purchase agreement executed by the company under a deal of slump sale involving consideration money of Rs.15 cr. with one of it's contract manufacturers during the quarter, it acquired manufacturing facility, assets & liabilities of one of the business undertakings owned by the latter situated at Plot no.16, sector-2, II E, Pantnagar, Uttarakhand, subsequent to the end of the quarter.

3. Pursuant to the withdrawal of mandatory status of AS-30, 31 & 32, the applicabilty of the same was discontinued from the second quarter of current financial year.As a result, investment held for sale in non-current category have been accounted for at cost and current investments at lower of cost and market value. This contributed to reduction in profit (shown under extra-ordinary item) and value of current investment by Rs.0.58 cr. each for the current period ended December 31, 2013 and increase in non-current investment by Rs.1.26 cr. and net worth by Rs.0.68 cr.

4. During the quarter Rs.27 cr. and Rs.55 cr. have been invested and encashed respectively on account of long term investment.

5. Deferred Tax and employee related dues covered under AS-15 have been provided on estimated basis.

6. Previous period figures have been regrouped / rearranged wherever necessary to conform to classification of this period.

7. The above results, duly reviewed by the Audit Committee, have been approved by the Board of Directors in its meeting held on January 22, 2014.

8. Statutory Auditors have completed review of above Financial Results including Segment Report thereon for the quarter and nine months period ended December 31, 2013.

Dr. Anand C.Burman
Chairman
Source : Dion Global Solutions Limited
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