Sebi Listing Regulations on Financial Statement:

CONDITIONS FOR PREPARATION OF FINANCIAL RESULT OF LISTED ENTITY:

o Accounting Policy:

The financial results shall be prepared on the basis of Accrual Accounting Policy.

o Accounting Practice:

The financial results shall be in accordance with uniform accounting practices adopted for all the periods.

o Accounting Standard:

The quarterly and year to date results shall be prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 or Indian Accounting Standard 31 (AS 25/ Ind AS 34 – Interim Financial Reporting), as applicable.

o Accounting Principle:

The standalone financial results and consolidated financial results shall be prepared as per Generally Accepted Accounting Principles in India.

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