Nandan Denim Limited has informed the Exchange regarding 'Submission of Business Responsibility & Sustainability Report for FY 2024-25'.
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Awaiting price reaction for this filing.
Nandan Denim Limited has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE, as required under SEBI's listing regulations. The textile maker reported a turnover of about ₹3,547 crore and a net worth of around ₹619 crore, operating 2 plants and 3 offices, serving 12 Indian states and 10 countries, though exports are only 0.8% of turnover. Key ESG progress includes renewable energy rising to 15% of total electricity consumption (up from 11% last year), a 37% drop in water usage per rupee of turnover, and planting 5,000 trees under its carbon neutrality roadmap. The company holds certifications like OEKO-TEX, GOTS, GRS, and Better Cotton Initiative. There were zero fatalities, zero work-related injuries, no penalties or fines, and no complaints on sexual harassment, child labour, or forced labour during the year. All 176 customer complaints and 2 shareholder complaints were resolved, and 100% of permanent employees and workers received training on health, safety, and human rights.
This is a routine annual compliance filing and is unlikely to move the stock price on its own. It does highlight improving energy efficiency (lower energy and water intensity per rupee of turnover), a clean safety and compliance record, and steady progress on sustainability targets, which may appeal to ESG-focused long-term investors.