Jaiprakash Associates Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of Securities and Exchange Board of India( SEBI ) (Listing Obligations and Disclosure Requirements) Regulations,2015 ( Listing Regulations ), as amended ESG Ratings'.
Awaiting price reaction for this filing.
Jaiprakash Associates Limited has disclosed that ESG Risk Assessments and Insights Limited has assigned an ESG rating of 33 to the company. The disclosure is made pursuant to Regulation 30 of SEBI's Listing Regulations. Notably, the company clarified that it did not engage this rating agency for the evaluation, and the ESG rating was issued independently. The company has shared the link to access the rating details on the agency's website.
This is an informational ESG rating disclosure with no direct financial or operational implications. The company's clarification that it did not engage the rating agency may indicate a neutral stance toward unsolicited ESG ratings. No immediate impact on stock price expected.