Uttam Sugar Mills Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Reporting for FY 2024-25'.
UTTAMSUGAR · price
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Awaiting price reaction for this filing.
Uttam Sugar Mills has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 to NSE and BSE, although it is not mandatorily required to do so (it falls outside the top 1000 listed companies by market cap) and is filing it voluntarily. For FY25, the company reported turnover of ₹1,79,340.97 lakhs and net worth of ₹77,372.09 lakhs, with a revenue mix of sugar (75.28%), distillery and industrial alcohol (22.11%), and power generation (2.61%). The company operates four plants (three in Uttar Pradesh and one in Uttarakhand), employs 523 permanent staff and 2,733 total workers, and has one subsidiary, Uttam Distilleries Limited (53.77% holding). Key disclosures include zero complaints from any stakeholder group, no monetary or non-monetary penalties from regulators, 100% locally sourced sugarcane, zero groundwater extraction at sugar units, and almost 100% utilisation of by-products like bagasse (for power) and molasses (for ethanol). Gaps noted include no dedicated anti-corruption/anti-bribery policy, no ESG committee at the board level, no independent external assurance of the BRSR, and no quantified sustainability targets with timelines yet.
This is a routine ESG/compliance disclosure and is unlikely to move the stock price. The clean record (no fines, no stakeholder complaints) and credible sustainability practices (zero groundwater use, full by-product utilisation) are mildly positive for the company's ESG profile, but the absence of an ESG committee, no external assurance, and no dedicated anti-bribery policy suggest the sustainability framework is still maturing and may attract questions from ESG-focused investors.