Shivalik Bimetal Controls Limited has submitted the Business Responsibility and Sustainability Reporting for the FY 2024-25
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Awaiting price reaction for this filing.
Shivalik Bimetal Controls has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with BSE and NSE. The company manufactures thermostatic bimetal/trimetal strips and EB-welded shunt strips, with exports contributing 56.22% of turnover across 38 countries and 275+ clients. It invested ₹217.91 Lakhs in sustainability capex, including 400 KWh solar panels, LED lighting, and energy-efficient motors, and primarily sources electricity from hydro and solar power. The company holds ISO 9001, 14001, and 45001 certifications, reported no regulatory fines or penalties, and has a BRSR committee overseeing ESG matters. It also set up a new wholly owned subsidiary in Italy in October 2024.
This is a routine annual ESG disclosure required under SEBI's BRSR framework and is unlikely to move the stock on its own. The clean-energy shift and sustainability investments are mildly positive for long-term risk management but represent a small portion of overall capex.