The Board of Directors of M/s. New Graphics Ltd. in its Board Meeting held on 18th April, 2026, considered and approved the Audited Financial…

As per the amendment in AS 4 "Contingencies and Events Occurring After the Balance Sheet Date" vide Companies (Accounting Standards) Amendments Rules, 2016 dated 30th March, 2016, the events which take place after the balance sheet date, are sometimes reflected in the financial statements because of statutory requirements or because of their special nature. However, dividends declared after the balance sheet date but before approval of financial statements are not recognized as a liability at the balance sheet date because no statutory obligation exists at that time. Hence such dividends are disclosed in the notes to financial statements. No, provision for proposed dividends is not required to be made. Such proposed dividends are to be disclosed in the notes to financial statements. Accordingly, the dividend of ₹ 4 crores recommended by New Graphics Ltd. in its Board meeting on 18th April, 2026 shall not be accounted for in the books for the year 2025-26 irrespective of the fact that it pertains to the year 2025-26 and will be paid after approval in the Annual General Meeting of the members / shareholders.