RESPONINDNSEResponsive Industries Limited· Plastic And Plastic ProductsMinimalNeutral
Announced Tue, 26 Aug · 18:58 IST

Responsive Industries Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report'.

RESPONIND · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Responsive Industries Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to BSE and NSE, as required under Regulation 34(2)(f) of SEBI LODR Regulations. The company, incorporated in 1982, manufactures vinyl flooring (61% of turnover), synthetic ropes (20%), synthetic leather (17%), and PVC intermediaries (2%), serving 70+ countries with exports contributing 44.39% of total turnover. Standalone turnover stood at Rs. 5,557.39 million and consolidated turnover at Rs. 14,179.12 million, with a net worth of Rs. 9,526.62 million (standalone). The report highlights zero complaints on ESG matters, zero work-related injuries or fatalities, certifications in ISO 9001, ISO 14001, and OHSMS 45001, and 100% training coverage for board, KMPs, employees, and workers. The Whole-Time Director & CEO Mr. Mehul Vala oversees sustainability implementation, and the report is part of the company's 43rd Annual Report.

Likely market impact

This is a routine regulatory filing with no direct impact on stock price or shareholder value. It reinforces the company's ESG transparency and compliance posture, which may appeal to sustainability-focused investors but does not change the company's fundamental business outlook.