Shree Digvijay Cement Company Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2022

1. The standalone and consolidated financial results for the quarter ended June 30, 2022 have been reviewed by the Audit Committee at it's meeting held on August 01, 2022 and approved by the Board of Directors at it's meeting held on August 01, 2022. The statutory auditors have expressed an unmodified review opinion on these financial results.



2. The Company has only one reportable segment, viz Manufacture and Sale of Cement, in accordance with Ind AS 108 - "Operating Segments", both at standalone as well as group level.



3. The Indian Parliament has approved the Code on Social Security, 2020 ('Code') which may likely impact the contributions made by the Company towards Provident Fund and Gratuity. The Company will assess the impact and its evaluation once the corresponding rules are notified and will give appropriate impact in the financial statements in the period in which the Code becomes effective and the related rules are notified.



4. The figures of the quarter ended March 31, 2022 as reported in these financial results are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the nine months of the relevant financial year.