Balaji Amines Limited has informed the Exchange regarding 'Submission of Business Responsibility and Sustainability Report for Financial Year 2024-25'.
BALAMINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balaji Amines Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under SEBI's Listing Regulations. The report was independently assured at a 'reasonable assurance' level by Sustainability Actions Private Limited. The company manufactures Aliphatic Amines, Speciality Chemicals and Derivatives (97.43% of turnover), with revenue of ₹1,29,637.68 lakh and net worth of ₹1,65,522.90 lakh. Key highlights: female board representation at 25% (2 of 8 directors), employee turnover rate rose to 7.8% from 5.3%, 71.84% of R&D spend went toward environmental/social improvements, and the company achieved a healthier safety record with worker LTIFR improving to 0.50 from 0.72 and zero fatalities in FY25. A DGFT penalty of ₹1.6 lakh was imposed for an inaccurate GST invoice filing, for which the company has filed a review application.
This is a routine regulatory compliance filing rather than a material corporate action, so the direct share price impact is limited. However, the report highlights improving sustainability metrics, strong governance (ISO 9001/14001/45001 certified, zero shareholder grievances), and reduced workplace injuries, which may support ESG-focused investors. Investors should note the rising employee attrition and the small pending DGFT penalty.