Announced Thu, 5 Jun · 16:45 IST

Meghmani Organics Limited has informed the Exchange about Business Responsibility and Sustainability Reporting for FY 2025

MOL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Meghmani Organics has filed its annual BRSR for FY2024-25 as required by SEBI's listing regulations. The company operates in two segments: agrochemicals (insecticides and herbicides) at 72% of revenue and pigments at 28%, with a standalone turnover of about Rs 2,004 crore and net worth of Rs 1,632 crore. It runs 7 plants across India and exports roughly 84% of its output to 75 countries. On the sustainability front, the company achieved 38.97% renewable energy usage against a 2030 target of 50%, cut specific bromine consumption to 0.185 kg/kg, and lifted bromine recovery from 45% to 63%. It invested 56% of R&D spend and 33% of capex in environmental and social improvements, up from 0% in the prior year, and reported 21,396 tonnes of CO2 avoided through wind turbines and solar PPAs. The board has 1 woman out of 10 directors and the workforce is over 99% male. An ESG Committee chaired by independent directors oversees sustainability matters, and no bribery, corruption, or conflict-of-interest incidents were reported.

Likely market impact

This is a routine annual ESG disclosure with no direct effect on the stock price. The progress on renewable energy, resource efficiency, and R&D allocation toward sustainability may strengthen the company's appeal to ESG-focused institutional investors over time.