GVT&DNSEGE Vernova T&D India LimitedMinimalNeutral
Announced Thu, 14 Aug · 19:12 IST

GE Vernova T&D India Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting'.

GVT&D · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GE Vernova T&D India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI's Listing Regulations. The company manufactures electrical equipment including transformers, switchgear, and power distribution products, with 100% of revenue from this segment. It has 1,576 employees and 682 workers, operates 5 plants and 8 offices nationally plus 3 international offices, and exports to 75 countries (exports at 28% of turnover, ₹11,807.8 million). Reported turnover was ₹42,923 million with a net worth of ₹17,731.1 million. The company has a Sustainability Committee chaired by Independent Director Ms. Neera Saggi, targets carbon neutrality for Scope 1 & 2 emissions by 2030, and aims to cover 90% of top products under a 4R circularity framework by 2030. Several minor GST-related tax demands were disclosed, most of which are under appeal, and there were zero workplace fatalities during the year.

Likely market impact

This is a routine annual ESG/sustainability compliance disclosure, not a material business event. It is part of the company's annual report and is unlikely to move the stock price. However, it confirms the company's alignment with SEBI's sustainability framework and parent GE Vernova's global decarbonization commitments.