Anupam Rasayan India Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2022

[1] The above audited standalone financial results for the quarter and year ended March 31, 2022 have been prepared by the Company in accordance with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended) and were reviewed by the Audit Committee of the Board and thereafter were approved and taken on record by the Board of Directors in their meeting held on 12th May, 2022.



[2] The Board of Directors have recommended a dividend INR 1/- @10% on Equity Share of face value of INR 10/- each, subject to approval from the shareholders at the ensuing AGM.



[3] Based on the management approach as defined in Ind AS 108 - Operating Segments, the Chief Operating Decision Maker (CODM) evaluates the company's performance and allocates resources based on an analysis of various performance indicators of business segment/s in which the company operates. The Company is primarily engaged in the business of custom synthesis and manufacturing of specialty chemicals which the management and CODM recognise as the sole business segment. Hence, disclosure of segment-wise information is not required and accordingly not provided.



[4] Total proceeds of Initial public offer (IPO) INR 7,600 millions has been utilised as per object of IPO as per Prospectus filed with Securities and Exchange Board of India (SEBI) on March 17, 2021.



[5] The Company has vide a Share Purchase agreement dated 1st February, 2022 acquired 24.96% equity shares of Rs. 10/- each of TANFAC Industries Limited ("Tanfac") and obtained joint control over the Tanfac along with Tamilnadu Industrial Development Corporation Limited.



Further, As required by SEBI (SAST) Regulations, the Company has made an open offer ("offer") for acquisition of a further 26% of the equity shares from the public Shareholders of TANFAC. The said offer has been closed on 06th May, 2022 and results of the said open offer are awaited on the date of these results.



[6] The figures of the previous period have been re-grouped / rearranged and / or recasted wherever considered necessary. The figures of the last quarter are the balancing figures between audited figures in respect of full financial year and audited year to date figures up to the third quarter of the current / previous financial year.