Announced Thu, 4 Sept · 11:39 IST

Technocraft Industries (India) Ltd hereby submits Business Responsibility and Sustainability Report for the FY 2024-25

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Technocraft Industries has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to NSE and BSE, as required by SEBI's listing rules. The company reported a turnover of Rs 2,091.24 crore and a net worth of Rs 1,431.11 crore, with exports contributing 57.52% of revenue across 80 countries. The company operates 4 plants and 1 office nationally, employing 1,225 permanent employees and 445 permanent workers. Key business segments are tubes and scaffoldings (53.21%), drum closures (25.06%), and textiles (21.73%). No independent assurance was obtained for this BRSR as per a recent SEBI exemption, and no fines, penalties, or corruption-related disciplinary actions were reported during the year.

Likely market impact

This is a routine regulatory compliance disclosure providing ESG transparency rather than a stock-moving event. Investors gain insight into the company's sustainability practices, workforce diversity (only 10% women on board, 8% female permanent employees), employee turnover trends (improved to 9.10% from 19.52%), and commitment to international certifications like ISO, GOTS, and OEKO-TEX.