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Creamline Dairy Products Limited Announces Outcome of Board Meeting on July 24, 2024

Mumbai, India - July 24, 2024

Creamline Dairy Products Limited has announced the outcomes of its Board of Directors meeting held on July 24, 2024. The meeting, which commenced at 11:30 a.m. and concluded at 1:00 p.m., resulted in several key decisions and approvals in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Outcomes:

Approval of Unaudited Financial Results for Q1 2024:

• The Board approved the unaudited financial results for the quarter ended June 30, 2024. These results provide a detailed account of the company’s financial performance for the period.

Statutory Auditors’ Limited Review Report:

• The Board took note of the Limited Review Report provided by the statutory auditors, B S R & Co. LLP, on the unaudited financial results for the quarter ended June 30, 2024.

Additional Information Enclosed:

Regulation 52(4) Information:

• Specific details required under Regulation 52(4) of the Listing Regulations.

Security Cover Certificate:

• Not applicable to Creamline Dairy Products Limited as the NCDs issued are unsecured.

Regulation 52(7) and 52(7A) Statement:

• A statement as per the requirements of these regulations has been enclosed.

Limited Review Report by B S R & Co. LLP

B S R & Co. LLP, Chartered Accountants, conducted a review of the company’s unaudited financial results for the quarter ended June 30, 2024. The review was carried out in accordance with the Standard on Review Engagements (SRE) 2410, issued by the Institute of Chartered Accountants of India. The key points of the review are as follows:

Review Responsibility:

• The review is the responsibility of the company's management and was approved by the Board of Directors.

Scope of Review:

• The review included inquiries and analytical procedures to ensure that no significant matters were overlooked. However, it was not as extensive as an audit, and thus, an audit opinion was not expressed.

Attention to Balancing Figures: