1. The audited financial results of Nature Wings Holidays Limited (’the Company') for the half year and year ended March
31, 2026 have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of
Directors in their meeting held on May 29, 2026. The Statutory Auditor has expressed an unqualified opinion on the
financial results for the half year and year ended March 31,2026
2. The financial results of the company have been prepared in. accordance with accounting standards as prescribed
under section 13 3 of the companies Act 2013 read with relevant rales thereunder and in terms of Regulation 3 3 of the
SEB1 (LODR) Regulation, 2015.
3. The figures for the half-year March 31, 2026 and March 31, 2025 represent the balancing figures derived by
subtracting the reviewed year-to-date figures up to the respective half-years from the audited figures of the full
financial years.
4. On 6 January 2026, the Company allotted 3,98,400 equity shares on a preferential basis at an issue price of f75 per
share, comprising a face value of 110 per share and a securities premium of ?65 per share. The allotment resulted in
an aggregate capital infusion of T298.80 lakhs. Subsequently, the BSE granted listing approval for these shares on 20
April 2026.
^Unutilized hinds of Rs.9.46 Lakhs from IPO proceeds have been kept with ICrCi in Escrow Account.
*0ut of the IPO proceeds deployed towards working capital requirements, ?302 lakhs remained temporarily invested in fixed
deposits pending utilization.
6. The Company is engaged in the business of destination management and all ied travel services and operates as a single
business segment. Accordingly, the disclosure requirements of AS 17 - Segment Reporting are not applicable.
/. me government of India has consolidated 29 existing labour legislations into a unified Framework comprising sour
Labour Codes, viz., Code on Wages, 2019, Code on Social Security, 2020, Industrial Relations Code, 2020 and
Occupational Safety, Health and Working Conditions Code, 2020 (Collectively referred to as the 'New Labour Codes'),
these codes have been made ettectivs trom November 21, 2u2S. The Company has estimated the revised gratuity
liability as at March 31, 2026 as per the New Labour Codes and the additional liability arising thereon has been
recognized as part of employee benefit expenses in the current reporting period. No material additional liability on
compensated absences and provident fund arose on account of $he aforesaid codes. The Government is in the process
of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in
accordance with applicable accounting standards in the period in which they are notified.
During the period/year. certain reimbursement/pass-through recoveries relating to tours and travel services have
been presented on gross basis under Revenue from Operations, as the same are billed through a single invoice along
with the principal service component, with corresponding expenses recognized separately- Such presentation has no
impact on the profit for the period/year. Management believes that gross presentation is appropriate considering the
contractual billing arrangements.
v. Previous period figure has been regrouped/rearranged wherever necessary to confirm the current period j year
presentation.
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