Sundram Fasteners Limited has submitted the Business Responsibility and Sustainability Report for the year ended March 31, 2025
SUNDRMFAST · price
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Sundram Fasteners has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, along with the Annual Report and notice for its 62nd AGM scheduled on June 30, 2025 via video conferencing. The company reported a turnover of ₹5,209.74 crores and net worth of ₹3,365.59 crores, with exports contributing about 30% of revenue across 35 countries. It operates 18 plants and 5 offices in India, manufacturing high tensile fasteners (40.41% of turnover) and motor vehicle parts (59.59%). The workforce comprises 2,156 permanent employees and 8,382 workers, with 50% women on the board of directors. The company holds IATF 16949, ISO 14001, ISO 45001, and ISO/IEC 17025 certifications, reported zero safety incidents and zero complaints in FY 2024-25, and covered 100% of permanent staff in health, safety, and skill training. Capex on environmental and social improvements stood at 2.76% of total capex, and 22% of raw materials (iron/MS) were sourced from recycled/reused inputs.
This is a routine regulatory compliance filing (BRSR + Annual Report) with no material event for shareholders. The disclosures highlight strong governance and ESG practices, including zero safety incidents and full employee welfare coverage, which may support the company's ESG profile but are unlikely to move the stock price on their own.