General Disclosures

Corporate Details:

  • Corporate Identity Number (CIN): L26942TN1946PLC000931
  • Year of incorporation: 21-02-1946
  • Corporate office: "Coromandel Towers", 93, Santhome High Road, Karpagam Avenue, R.A. Puram, Chennai - 600 028
  • Financial year reported: 1st April, 2025 - 31st March, 2026
  • Listed on: BSE Limited and National Stock Exchange of India Limited
  • Paid-up Capital: ₹309.90 Crore
  • Reporting boundary: Standalone basis
  • Assurance Provider: TUV SUD South Asia Private Limited
  • Type of Assurance: Reasonable Assurance of BRSR Core Indicators
  • Contact for BRSR queries: Mr.S.V.Patil, Chief Executive Officer, 044-28572111, suresh.p@adityabirla.com

Business Activities:

  • Main activity: Manufacture and sale of Cement (98.15% of turnover)
  • Products: Cement/Clinker (99.05% of turnover, NIC Code: 23941)

Operations:

  • Number of locations: 25 (16 plants + 9 offices) all national, no international presence
  • Markets served: 14 Indian states, no exports (0% of turnover)
  • Customer types: End consumers (Trade), Infrastructure companies (Non-Trade/Projects), OEM manufacturers

Employees & Workforce (as at end of FY):

  • Total Employees: 1,164 (Permanent: 1,141, Other than Permanent: 23)
  • Male: 1,137 (98%), Female: 27 (2%)
  • Total Workers: 2,498 (Permanent: 279, Other than Permanent: 2,219)
  • Male: 2,413 (97%), Female: 85 (3%)
  • Differently abled: 4 employees (3 male, 1 female) and 5 workers (4 male, 1 female)

Women Representation:

  • Board of Directors: 2 out of 10 (20%)
  • Key Management Personnel: 1 out of 3 (33.33%)

Turnover Rates (FY 2025-26):

  • Permanent Employees: 18.76% (Male: 18.95%, Female: 10.53%)
  • Permanent Workers: 12.75% (Male: 12.83%, Female: 0.00%)

Holding/Subsidiary Structure:

  • Ultimate Holding: Grasim Industries Limited (follows separate business responsibility initiatives)
  • Intermediary Holding: UltraTech Cement Limited (74.998% shares held, participates in UltraTech's initiatives)
  • Subsidiaries: Industrial Chemicals and Monomers Limited (98.59%), Coromandel Minerals Pte. Ltd., Singapore (100%), Raasi Minerals Pte. Limited, Singapore (100%), PT. Coromandel Minerals Resources, Indonesia (100%)

CSR Applicability:

  • CSR applicable: Yes
  • Turnover: ₹4,484.69 Crore
  • Net worth: ₹2,689.16 Crore

Complaints/Grievances:

  • Shareholders: 145 complaints filed, 9 pending resolution
  • All other stakeholder groups (Communities, Investors, Employees, Workers, Customers, Value Chain Partners): 0 complaints
  • Grievance redress policies include Grievance Redressal Policy, Whistle Blower Policy, and Equal Opportunity Policy

Material Responsible Business Conduct Issues:

1. LC3 Cement (Low Carbon Calcined Clay) - Opportunity - Reduces carbon footprint - Positive implications

2. Supply overhang due to market dynamics - Risk - Lower capacity utilization - New product segments envisaged - Negative implications

3. Price of Fuel - Risk - Affects product cost - Increasing alternate fuel usage - Negative implications

4. Getting lease for own Limestone Mines - Risk - MMDR Regulations compliance - Extending lease periods - Negative implications

5. Circular Economy - Risk - Waste disposal requirements - Using waste as alternate fuel - Positive implications

6. Climate Change - Risk - Inherent ESG risk - Alternate fuels and waste disposal methodologies - Negative implications

7. Water Usage - Risk - Water availability for production - Rainwater harvesting and water re-use - Negative implications

Management and Process Disclosures

Policy Coverage:

  • All 9 NGRBC principles covered by policies approved by the Board
  • Policies translated into procedures for principles 2-9
  • Policies extend to value chain partners
  • Based on international standards: ISO 14001:2015, ISO 9001:2015, ISO 45001:2018, ISO 50001:2018

Specific Commitments and Goals:

1. Use power from Waste Heat Recovery System

2. Install solar power near plant locations

3. Improve rainwater harvesting around operating sites

4. Ensure zero fatalities or accidents across all units

5. Improve clinker-to-cement ratio

6. Use mining water for recharging village ponds

7. Reduce carbon footprint

Governance and Oversight:

  • Risk Management Committee evaluates business risks including ESG risk
  • Committee comprises: Mr.Vikas Balia (Independent Director), Mr K.C Jhanwar (Non-Executive Director), Mr.E.R.Raj Narayanan (Non-Executive Director)
  • Review undertaken annually by Risk Management Committee on all principles
  • No external assessment/evaluation of policies

Principle-wise Performance Disclosure

Principle 1 (Ethical, Transparent Governance):

  • Training coverage: Board (100%), KMP (100%), Workers (89%), Other employees (40%)
  • No fines/penalties/settlement fees paid
  • Anti-corruption policy: Code of Conduct for Directors and Senior Management and Vigil Mechanism
  • No disciplinary actions for bribery/corruption
  • Accounts payable days: 70 days (FY25: 71 days)
  • Purchase concentration: 19.07% from trading houses
  • Sales to dealers: 39.90% of total sales
  • Related party transactions: Purchases 8.75%, Sales 53.98%, Investments 65.46%

Principle 2 (Sustainable Products/Services):

  • Sustainable sourcing procedures: Yes, 13.7% inputs sourced sustainably
  • Waste reclamation processes:
  • Plastics: Co-processed in kilns
  • E-waste: Disposed through SPCB-authorized vendors
  • Hazardous waste: Co-processed in kilns
  • Other waste: Waste oil used for lubrication or sold, battery waste sold to authorized recyclers
  • Extended Producer Responsibility: Applicable, plan compliant with PCB requirements

Principle 3 (Employee Well-being):

  • Health insurance coverage: Permanent employees 42%, Permanent workers 100%
  • Accident insurance coverage: 100% for all employees and workers
  • Maternity benefits: 100% for female permanent employees and workers
  • Retirement benefits: PF (100% coverage), Gratuity (100%), ESI (100% eligible), Superannuation (64% employees), NPS (48% employees)
  • Workplace accessibility: Yes, compliant with Rights of Persons with Disabilities Act, 2016
  • Equal opportunity policy: Yes, web link provided
  • Grievance mechanism: Available for all categories
  • Union membership: 67% of permanent workers (187 out of 279)
  • Training: 64.07% employees on health/safety, 47.77% on skill upgradation
  • Performance reviews: 96.14% employees covered
  • Health and safety management: ISO 45001 implemented covering employees and contract workforce
  • Safety incidents: Lost Time Injury Frequency Rate 0.31, 6 recordable injuries to workers, no fatalities
  • No complaints on working conditions or health & safety
  • 100% plants assessed for health/safety practices and working conditions

Principle 4 (Stakeholder Responsiveness):

  • Key stakeholder groups: Employees, shareholders, dealers, suppliers, government/regulatory authorities, transporters, communities, construction professionals
  • Engagement frequency varies from need-based to periodic and annual

Principle 5 (Human Rights):

  • Human rights training coverage: Employees 90.72%, Workers 57.25%
  • Minimum wages: All permanent staff paid above minimum wage, 67.33% of other than permanent workers paid at minimum wage
  • Median remuneration: BoD ₹1,00,000, KMP ₹2,60,05,293, Other employees ₹9,97,422, Workers ₹6,64,836
  • Female wages: 1.97% of total wages
  • Focal point for human rights issues: Yes
  • No complaints on sexual harassment, discrimination, child labor, forced labor, wages or other human rights issues
  • Human rights requirements in business agreements: Yes
  • 100% plants assessed for child labor, forced labor, sexual harassment, discrimination, and wages

Principle 6 (Environmental Protection):

  • Energy consumption: Total 299.9 million GJ (renewable: 468,747.80 GJ, non-renewable: 295.22 million GJ)
  • Energy intensity: 6,687.40 GJ/₹crore turnover, 3.01133 GJ/T cementitious material
  • PAT Scheme: Designated consumer sites, targets achieved
  • Water withdrawal: 2.32 million kiloliters (surface: 1.11M, groundwater: 0.81M, third party: 12,124, others: 0.39M)
  • Water intensity: 570.99 kl/₹crore turnover, 0.257 kl/T cementitious material
  • Zero liquid discharge: Implemented, recycled water used for cooling, treated domestic water for dust suppression
  • Air emissions: NOx 23,039.34 tons, SOx 758.32 tons, PM 1,937.64 tons
  • GHG emissions: Scope 1 6.24 million tCO2e, Scope 2 0.44 million tCO2e
  • Emission intensity: 1,490.27 tCO2e/₹crore turnover, 0.671 tCO2e/T cementitious material
  • GHG reduction projects: Kiln efficiency upgrades, Waste Heat Recovery Systems, renewable energy, alternative fuels, supplementary cementitious materials
  • Waste management: Total 473,910 metric tons, intensity 105.67 tonne/₹crore turnover
  • Waste recovery: 473,699 metric tons through recycling and re-use
  • No operations in ecologically sensitive areas
  • Compliant with all applicable environmental laws

Principle 7 (Responsible Policy Influence):

  • 7 affiliations with trade/industry chambers
  • Top associations: Confederation of Indian Industry, National Safety Council, Mines Environment & Mine Conservation Council, South Indian Cement Manufacturers Association
  • No corrective actions on anti-competitive conduct

Principle 8 (Inclusive Growth):

  • No Social Impact Assessments required
  • No Rehabilitation and Resettlement ongoing
  • Community grievance mechanism: Resolved by plant heads
  • MSME sourcing: 17% of input material by value
  • Local sourcing: 75% from within India

Principle 9 (Consumer Responsibility):

  • Consumer complaint mechanism: Handled by sales representatives, escalated to State Head/Plant Heads
  • No consumer complaints on data privacy, advertising, cyber-security, delivery of essential services, restrictive trade practices, unfair trade practices
  • No product recalls
  • Cyber security policy: Yes, web link provided
  • No data breaches

Not Specified Sections

  • KMP / Board / Auditor Changes: Not specified
  • Dividend Declaration: Not specified
  • Board Meeting Outcomes: Not specified
  • Financial Results: Not specified
  • Auditor's Report: Not specified
  • Disinvestment / Strategic Actions: Not specified
  • Media Release / Investor Communication: Not specified