India Pesticides Limited has informed the Exchange regarding ''Business Responsibility and Sustainability Report 2024-25.
IPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Pesticides has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI's Listing Regulations. The company manufactures pesticides, insecticides, fungicides, and APIs, which account for 96.5% of its turnover. Key financials disclosed: revenue of ₹829.02 crore and net worth of ₹903.44 crore. The company employs 1,040 permanent staff and 1,533 contract workers, with exports contributing 38% of revenue across 35 countries. A notable disclosure: the Income Tax Department conducted a survey and search under Section 132 of the Income Tax Act on December 12, 2024 at four premises (Bareilly office, Lucknow corporate office, both factories, and one director's residence), though no assets were seized. No SEBI penalties, fines, or disciplinary actions were reported.
This is a routine annual ESG/compliance filing and is unlikely to move the stock. However, investors should note the December 2024 Income Tax search at multiple premises, even though no assets were seized and the company has cooperated fully. No monetary penalties have been imposed so far.