Announced Sat, 5 Jul · 17:00 IST

Privi Speciality Chemicals Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report FY 2024-25'.

PRIVISCL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Privi Speciality Chemicals has filed its Business Responsibility and Sustainability Report for FY 2024-25, as required by SEBI listing rules. The company is a pure-play aroma chemicals maker (100% of revenue), selling to top global fragrance players like Givaudan, Firmenich, Symrise, IFF, and FMCG giants like P&G and Reckitt. Exports contribute 69.17% of total turnover, with presence across 38 countries and 21 Indian states. Reported turnover stood at ₹1,73,367.75 lakhs with net worth of ₹78,341.39 lakhs. The company has committed to Net Zero by 2050, with SBTi-validated targets of 50.4% reduction in Scope 1 & 2 emissions by FY2032 and 35% in Scope 3 by FY2034. It has 10 MW of solar power operational, with 5 MW more planned by December 2025, and has planted 80,000+ trees with a target of 120,000 by 2026. It holds a Gold rating from EcoVadis and multiple ISO certifications. No fines or penalties were reported for corruption, and only 1 shareholder complaint and 43 customer complaints (9 pending) were recorded during the year. Employee turnover improved to 10.13% from 15.45% in the prior year.

Likely market impact

This is a routine regulatory disclosure and is unlikely to move the stock price on its own. However, it reinforces Privi's positioning as a sustainability-focused specialty chemicals supplier to global majors, which may appeal to ESG-focused investors. The strong export profile and marquee client base continue to support the long-term business case, while meeting global compliance standards.