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Maximus International Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2023

Auditor and Management Disclosures and Notes for the quarterly results dated 31 Dec 2023

1. The above unaudited results for quarter and Nine months ended 31St December, 2023 have been reviewed by audit committee and approved by Board of Directors at their meeting held on 13th February, 2024.



2. The company has two foreign subsidiaries namely " Maximus Global FZE" and "MX Africa Limited". Maximus Global FZE has one foreign subsidiary namely " Maximus Lubricants LLC (Formerly know as "Pacific Lubricant LLC)" . MX Africa has one foreign subsidiary namely "Quantum Lubricants (E.A.) Limited".



3. The company has single primary business segment i.e. "Manufacturing and Trading in Lubricant oil and other petro chemical products " and there is no other separate reportable segments in terms of Indian Accounting Standards 108.



4. The figures for the corresponding previous period have been regrouped/reclassified wherever considered necessary to confirm to the figures represented in the current period.