Onward Technologies Limited has informed the Exchange regarding 'Submission of Business Responsibility and Sustainability Report for Financial Year (FY)2024- 25'.
ONWARDTEC · price
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Onward Technologies has submitted its BRSR for FY 2024-25 to the stock exchanges, as required under SEBI's Listing Regulations. The company is an IT outsourcing firm serving global OEMs, with a turnover of ₹38,107.58 Lakhs, net worth of ₹20,157.78 Lakhs, and 2,461 permanent employees (20% female). It operates from 7 offices in India and 5 international locations, with 31% of revenue from exports. Key ESG highlights include ISO 27001, ISO 9001, and TISAX certifications, use of wind power for electricity this fiscal year, a target to cut carbon footprint by 5% annually, and a target of zero complaints on sexual harassment, discrimination, child labour, and forced labour. No external assurance was obtained on the report, and disclosures are on a standalone basis.
This is a routine regulatory filing with no direct impact on stock price or shareholder value. Investors can use the BRSR to assess the company's ESG practices, employee diversity, and governance standards, though the lack of independent assurance limits third-party verification of the data.