Examples of Audited Financial Information in a sentence
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NoName of the Shareholder Audited Financial Information The company follows the calendar year of accounting.
Unless the context requires otherwise, the financial information of our Company has been derived from the Audited Financial Information, prepared in accordance with Ind AS and the Companies Act.
The Audited Financial Information reflects the historical operation of the Business (including the Overhead and Shared Services and the Excluded Assets) for the periods specified therein.
The Consolidated Financial Statements represented by the Company includes the Audited Financial Information of its subsidiaries.
Accordingly, the degree to which the Audited Financial Information included in this Draft Letter of Offer will provide meaningful information is entirely dependent on the reader’s level of familiarity with Ind AS, Indian GAAP and the SEBI ICDR Regulations.
The Audited Financial Information (a) has been prepared in accordance with US GAAP and (b) fairly presents, in all material respects, the financial condition of the Business as of the date thereof and the operating results of the Business for the periods covered thereby.
For details with respect to related party transaction, please refer “Audited Financial Information- Annexure [●]- Notes to Audited Financial Statements- Note [●] - Related Party Disclosures” at page 61 of the Audited Financial Information in this Draft Letter of Offer.
Seller shall bear all of the costs and expenses incurred in connection with preparing the Audited Financial Information and Supplemental Financial Information.
Following are the details as per the Audited Financial Information as at and for the Financial Years ended on March 31, 2023 and 2022 and the six months period ended September 30, 2023:(in ₹ in Lakh)*Quarterly, Unaudited, reviewed For further details, please refer the section titled “Financial Information” on 84 of this Draft Letter of Offer.