COSMO FIRST LIMITED has informed the Exchange regarding 'Business Responsibility and Sustainability Report 2024-25'.
COSMOFIRST · price
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Cosmo First Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's Listing Regulations. The company is a manufacturer of flexible packaging films, operating three plants in India (two in Maharashtra, one in Gujarat) and exporting to 80+ countries, which account for 49% of its turnover. Key financials disclosed include a turnover of ₹2,736 crores and net worth of ₹1,241 crores. The company has 1,367 permanent employees and 1,946 total workers (including contract), with women making up 20% of the board. ESG commitments include sourcing two-thirds of power from renewables by FY26, a 5% reduction in carbon footprint by FY27, and a 5% reduction in waste by FY27. Customer complaints stood at 231 (with 18 pending), while all 4 shareholder complaints were resolved during the year.
This is a routine annual regulatory filing under SEBI regulations and is unlikely to cause an immediate stock price reaction. For shareholders, it offers transparency into the company's ESG practices, employee welfare, and progress on sustainability targets, which can inform longer-term views on governance and risk management.