GNFC Receives B Grade ESG Rating with 0.8-Point Improvement

Key Quantitative Figures

SES ESG Research Private Limited (SES) has assigned an Environmental, Social, and Governance (ESG) Score (Adjusted) of 67, which corresponds to a Grade B rating, indicating a medium risk profile. This represents an improvement of 0.8 points from the company's score in the previous fiscal year (FY 2024-25).

Parties Involved

• Rated Entity: Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC)
• Rating Provider: SES ESG Research Private Limited (SES)
• Regulatory Reference: The disclosure is made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, issued on July 11, 2023, and last updated on January 30, 2026.

Purpose and Context

The purpose of the disclosure is to comply with SEBI Listing Regulations. The company clarifies that it did not engage SES for this ESG rating. The report was independently prepared by SES based on data pertaining to FY 2025-26 that was available in the public domain.

Stated Rationale and Impact

The improved score of 67 is presented as a demonstration of the company's "continued commitment to enhancing its ESG performance." The specific financial or operational impact of this rating is not quantified in the disclosure.