DDEVPLSTIKBSEDdev Plastiks Industries LtdLowNeutral
Announced Thu, 28 Aug · 12:34 IST

Please find attached the Voluntary Disclosure of Business Responsibility and Sustainability Report of the Company for the Financial Year ended 31st March 2025.

DDEVPLSTIK · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ddev Plastiks Industries Ltd has voluntarily filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, which forms Annexure 10 of its Annual Report. The company manufactures polymer compounds — PVC (84.44% of turnover), Polyethylene (12.27%), and others (3.29%) — serving wires/cables, footwear, packaging, and automotive industries. Total turnover stood at INR 2,603 crore with a net worth of INR 835 crore; exports contributed 21.16% across 55 countries. Key ESG highlights include a 1,690 kW solar plant generating ~1.85 million units annually, 14,268 KL of harvested rainwater used, ETP/STP recycling facilities, and ISO 9001/14001/45001 certifications. The company employs 391 permanent staff (94% male), reports one recordable work-related injury, zero fatalities, no penalties or corruption cases, and has set a carbon neutrality goal.

Likely market impact

Routine voluntary ESG disclosure with no immediate financial trigger for the stock. Highlights improving sustainability practices and responsible governance, which may support long-term investor sentiment but is unlikely to drive short-term price action.