Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Rating
Awaiting price reaction for this filing.
Piramal Enterprises Ltd has been assigned an ESG rating of 'Crisil ESG 63' for FY 2025 by CRISIL ESG Ratings & Analytics Ltd, placing the company in the 'Strong' ESG rating category. The rating was independently prepared by CRISIL on July 15, 2025, using publicly available information. Importantly, the company clarified that it had not engaged CRISIL for this rating. The disclosure is made under SEBI's Regulation 30 listing obligations.
This is a neutral to mildly positive development — a 'Strong' ESG rating can enhance the company's appeal to ESG-focused investors and improve its standing among institutional and foreign portfolio investors. It is unlikely to cause any short-term stock price movement as it is an independently assigned rating and not commissioned by the company.