Mahindra Logistics Limited has made intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ESG Rating. Detailed disclosure in this regard is attached.
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Mahindra Logistics has been assigned an ESG rating of 'CRISIL ESG 60' under the 'Adequate' category by CRISIL ESG Ratings & Analytics Limited, a SEBI-registered ESG Rating Provider. The rating was issued on 6 May 2025 and is based on publicly available data pertaining to FY 2023-24. Importantly, the company has clarified that it did not engage CRISIL for this rating; CRISIL prepared and issued the report independently and voluntarily. This is a regulatory disclosure made under SEBI Listing Regulations, requiring the company to inform stock exchanges about such developments.
This is a neutral, informational disclosure. The 'Adequate' ESG rating suggests room for improvement in the company's environmental, social, and governance practices, but since it was not commissioned by the company, it is unlikely to materially affect the stock price. Long-term investors focused on ESG may view it as a baseline benchmark to track future improvements.