Gloster Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025
Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2025
Notes :
1. The standalone financial results have been reviewed by the Audit Committee and were approved by the Board of Directors at their respective meetings held on 8th August, 2025.
2. The Statutory Auditors of the Company have carried out a 'Limited Review' of the standalone financial results for the quarter ended 30th June, 2025, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
3. In accordance with paragraph 4 of Ind-AS 108 - "Operating Segment", the Company has disclosed segment information only on the basis of consolidated financial results.
4. In respect of the standalone financial results, figures for the quarter ended 31st March, 2025 are the balancing figures between audited figures of the financial year ended 31st March, 2025 and published unaudited figures for nine months ended 31st December, 2024.
5. The Board of Directors at its meeting held on 13th November, 2024, approved the Scheme of amalgamation of Gloster Lifestyle Limited and Gloster Specialities Limited (‘Transferor Companies’) both wholly owned subsidiaries of the Company with Gloster Limited ('Transferee Company'), subject to necessary approvals.
By Order of the Board
HEMANT BANGUR
Executive Chairman