Faze Three Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting for the Financial Year 2024-25'.
FAZE3Q · price
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Faze Three Limited has voluntarily submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, filed under SEBI LODR Regulation 34(2)(f). The company is a home and technical textiles manufacturer, with 93.56% of its standalone turnover (Rs. 658.91 crore) coming from exports to 23 countries. It employs 857 permanent employees and 3,656 workers (80.39% male, 19.61% female), and holds two wholly-owned subsidiaries: Mats and More Limited and Faze Three US LLC. Key sustainability highlights include a 3.5 MW rooftop solar installation, PNG usage for processing, Zero Liquid Discharge status at multiple sites, and certifications such as ISO 9001:2015, SA8000:2014, GOTS, Fair Trade USA, Oeko-Tex, and amfori BSCI. Capital expenditure on environmental and social improvements rose sharply to 19.39% of total capex (from 4.84% in FY 2023-24). No regulatory fines, penalties, or stakeholder complaints were reported during the year.
The voluntary BRSR filing signals stronger ESG transparency for a small-cap export-driven textile company. Rising green capex and clean compliance record are positive for institutional and ESG-focused investors, though the report itself is a routine disclosure with no direct bearing on stock price.