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BLB Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2023

Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2023

Notes:

1) The above unaudited financial results of the company were reviewed by the Audit Committee and thereafter by the Board of Directors at their respective meeting held on 26th July, 2023. The Statutory Auditors of the Company have carried out limited review of the above financial results of the Company for the quarter ended 30th June, 2023.
2) The Financial Results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) (Amendment) Rules, 2016.
3) The format for Audited/ Unaudited Annual/ quarterly Results is as prescribed vide SEBI circular dated 5th July, 2016 and Schedule III (Division II) to the Companies Act, 2013 applicable to companies that are required to comply with Ind AS.
4) The figures for the quarters ended 31st March, 2023 is the balancing figures between audited figures in respect of the full financial year and the Limited Reviewed Un-audited Results upto 3rd quarter for the Financial Year 2022-23.
5) In line with the provision of Ind AS-108 'Operating Segment' and on the basis of review of operation being done by the senior management, the operations of the company fall under Shares & Securities business, which is considered to be the only reportable segment by the management.
6) Figures for the previous quarter/ period have been regrouped/ rearranged wherever necessary.