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
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
4. During the quarter
Rs.27 cr. and Rs.55 cr. have been invested and encashed respectively
on account of long term
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.
above results, duly reviewed
by the Audit Committee, have been approved by the Board of Directors
in its meeting held on January
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.