Heritage Foods Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ) ESG Rating'.
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Awaiting price reaction for this filing.
Heritage Foods Limited has disclosed that CRISIL ESG Ratings & Analytics Limited has assigned a voluntary ESG rating of 57 to the company. The rating was prepared independently by CRISIL based on publicly available data, and the company did not engage or commission CRISIL for this assessment. The disclosure is made under SEBI Listing Regulations to keep the exchanges and investors informed. A rating of 57 is considered a moderate score on typical ESG scales.
This is a neutral-to-slightly-positive disclosure for shareholders, as it shows independent recognition of the company's ESG standing. However, since the rating was not commissioned by the company and is moderate in nature, it is unlikely to cause any immediate movement in the stock price.