Siyaram Silk Mills Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report'.
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Siyaram Silk Mills has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with the exchanges, as required under SEBI's listing regulations. The report covers the company's standalone operations, which span 11 plants and 2 offices across India, serving 36 states/UTs domestically and 29 countries internationally, with exports contributing 9.67% of turnover. Revenue mix is led by Fabrics (81%), Readymade Garments (13%) and Dyed Yarn (6%), with total turnover of ₹2,22,032 lakhs and net worth of ₹1,28,852 lakhs. The company reported zero regulatory penalties, zero fatalities, 41.45% sustainable procurement, 9% renewable energy usage, a 20% reduction in water consumption, and a 5% YoY drop in customer complaints. Workforce totals 1,429 employees and 2,674 workers, with 100% coverage of permanent staff under health, accident, PF and gratuity benefits.
This is a mandatory annual ESG/sustainability disclosure rather than a material event, so near-term stock impact is limited. However, the report highlights strong compliance (no penalties), progress on sustainability targets, and improving operational metrics, which supports the company's ESG profile and may appeal to long-term institutional investors.