Business Responsibility and Sustainability Reporting (BRSR) for the financial year 2024-25.
PRAVEG · price
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Praveg Limited filed its mandatory Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE, as required under SEBI LODR regulations. The hospitality-focused company runs 17 hotels and resorts across Gujarat, Rajasthan, Uttar Pradesh and 2 union territories, with hospitality contributing 91.66% of turnover and events/exhibitions 8.34%. FY25 turnover stood at Rs. 13,262.73 lakhs with net worth of Rs. 45,191.55 lakhs, against a paid-up capital of Rs. 26.14 crores. The workforce comprises 1,347 permanent employees (92% male, 8% female), with 100% of Board, KMP and staff covered by ESG awareness training programmes. No fines, penalties, bribery or corruption cases were reported; customer complaints dropped sharply from 143 in FY24 to 21 in FY25, all resolved. The company has set ESG targets to be achieved by FY 2028 and operates with 8 subsidiaries and 1 joint venture, none of which participate in its BRSR initiatives.
This is a routine annual compliance disclosure with no negative red flags - no penalties, no governance breaches, and significantly improved customer grievance resolution. No material impact on stock price is expected; investors may note the company's ESG commitments and FY 2028 sustainability targets.