Business Responsibility and Sustainability Report for the Financial Year 2024-2025.
MAITHANALL · price
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Maithan Alloys has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-2025, as required under SEBI's Listing Regulations. The company manufactures metal and metal products (81.24% of turnover) and does wholesale trading (16.84%), with exports contributing 58.10% of total turnover. For the year, turnover stood at Rs. 1,819.65 crore with a net worth of Rs. 3,684.59 crore. The company operates 5 plants and 2 offices across India, employs 448 permanent employees and 889 workers (mostly contract workers), and has 8 subsidiaries. Key ESG disclosures include 100% of plants assessed for health and safety, no fatalities reported, no complaints on sexual harassment or human rights issues, and renewable energy consumption of 59,732 GJ alongside non-renewable energy of 7,51,127 GJ. ISO 9001:2015 certification is held for quality management.
This is a routine annual regulatory filing mandated by SEBI, not a new material event. It provides shareholders with transparency on the company's ESG performance and sustainability practices, but is unlikely to have any direct impact on stock price or shareholder value.