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

Notes:

1. The above financial results were reviewed by the Audit Committee and approved by the Board at their respective Meetings held on 14th August, 2023.

2. These financial results have been prepared in accordance with the recognition and measurment principles laid down in the IND AS 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules made thereunder.

3. As required under Regulation 33 of SEBI (LODR) Regulations, 2015 the limited review by the statutory auditors have been completed for the quarter ended 30th June 2023. The report does not have any impact on the above results and notes which needs explanation.

4. The Foreign Subsidiary i.e. Fluidomat UK Private Limited (Wholly owned subsidiary) incorporated in UK has been struck off on 06th June, 2023 and dissolved on 13th June, 2023. Net investment proceed Rs. 13.70 lakhs (13257 GBP) has been realised and the realisation proceed is subject to FEMA compliance. The overall net loss on investment from the date of acquisition till the date of dissolution of the said Wholly-Owned Subsidiary is Rs. 2.84 lakhs.

5. Previous period figures have been regrouped wherever necessary to confirm to this period classification.

6. The company is exclusively engagged in only one segment i.e., Manufacturing of Fluid Couplings.