Business Responsibility and Sustainability Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bharat Global Developers Ltd (BSE: 521238) has filed its Business Responsibility and Sustainability Report for FY 2024-25 as required under SEBI LODR Regulation 34(2)(f). The company is engaged in wholesale trading of construction materials, gold, agricultural products, and textiles, which contributes 100% of its turnover of Rs. 668.58 crores. It reported a net profit of Rs. 16.03 crores with a net worth of Rs. 190.34 crores and paid-up capital of Rs. 101.26 crores. The company operates from a single office in Ahmedabad with no manufacturing facilities, exports contributed just 0.30% of sales, and it has no subsidiaries or holding companies. On ESG, the company disclosed that it does not have formal policies covering most of the NGRBC principles, lacks an anti-corruption/anti-bribery policy, and has no sustainable sourcing procedures. No material fines, penalties, complaints, or work-related injuries were reported during the year, and 705 shareholder complaints were filed and resolved.
This is a routine annual regulatory filing rather than a price-moving event. However, the disclosure highlights weak ESG governance infrastructure (no formal policies on most principles, no anti-bribery policy) and a workforce of only around 26 people supporting a Rs. 668 crore turnover, which may raise governance questions for ESG-focused investors.