Date: July 7, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

Not Specified

Other Operational / Legal / Strategic Disclosures

General Company Details

  • Date of incorporation: January 13, 1984
  • Corporate Office: 56 & 57, Hadapsar Industrial Estate, Pune - 411013
  • Financial Year: April 1, 2025 to March 31, 2026 (FY 2025-26)
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
  • Paid-up Capital: ₹88,415,230
  • Contact Person: Indu Daryani, Company Secretary
  • Reporting Boundary: Standalone basis
  • Assessment Provider: MMJC Consultancy LLP, Mumbai
  • Assessment Type: Reasonable assessment of BRSR Core indicators

Business Activities

| S. No. | Description | Business Activity | % of Turnover |

| a. | Manufacturing | Manufacture of industrial process control and automation systems | 57 |

| b. | Trading | Trading of sensing, measurement equipment and control equipment | 14 |

| c. | Services | Installation, engineering and repair/maintenance services | 29 |

Operations Overview

  • Number of locations: 9 National (1 plant + 8 offices), 4 International offices
  • Markets served: 33 Indian states/UTs, 60 international countries
  • Export contribution: 33.13% of total turnover
  • Customers: Domestic market - public and private sector in oil & gas, refining, chemicals, pharma, infrastructure; Export market - Honeywell affiliates worldwide

Employee Statistics

Total Workforce

| Category | Total | Male | % Male | Female | % Female |

| Permanent Employees | 3,119 | 2,527 | 81.02% | 592 | 18.98% |

| Other than Permanent Employees | 4,266 | 3,942 | 92.41% | 324 | 7.59% |

| Total Employees | 7,385 | 6,469 | 87.60% | 916 | 12.40% |

| Permanent Workers | 48 | 42 | 87.50% | 6 | 12.50% |

| Other than Permanent Workers | 145 | 129 | 88.97% | 16 | 11.03% |

| Total Workers | 193 | 171 | 88.60% | 22 | 11.40% |

Diversity Representation

| Category | Total | Female Count | Female % |

| Board of Directors | 6 | 1 | 16.67% |

| Key Management Personnel | 3 | 1 | 33.33% |

Turnover Rates

| Category | FY 2025-26 Male | FY 2025-26 Female | FY 2025-26 Total |

| Permanent Employees | 9.2% | 9.5% | 9.3% |

| Permanent Workers | 4.7% | 0.0% | 4.0% |

Holding Company Structure

  • HAIL Mauritius Limited: Holding Company with 75% shareholding
  • Participates in Business Responsibility initiatives through ultimate holding company Honeywell International Inc.

CSR Applicability

  • CSR applicable: Yes
  • Turnover: ₹46,819 million
  • Net worth: ₹44,627 million

Complaints/Grievances

| Stakeholder | FY 2025-26 Filed | FY 2025-26 Pending | FY 2024-25 Filed | FY 2024-25 Pending |

| Shareholders | 16 | 0 | 10 | 0 |

| Employees & Workers | 10 | 1 | 13 | 2 |

| Customers | 1 | 0 | 3 | 0 |

| Value Chain Partners | 4 | 0 | 6 | 4 |

| Others | 6 | 1 | 1 | 1 |

Material ESG Issues

| Issue | Type | Financial Implication |

| Carbon Neutrality and Energy Transition | Opportunity | Positive |

| Health and Safety | Risk | Negative |

| Data privacy and Cyber security | Risk | Negative |

| CSR | Opportunity | Positive |

| Diversity and Inclusion | Opportunity | Positive |

| Supply Chain Management | Risk | Negative |

| Climate Change (Revenue) | Opportunity | Positive |

| Climate Change (Operations) | Risk | Negative |

| Climate Change (Facilities) | Risk | Negative |

Principle-wise Performance

Principle 1: Ethical Business Conduct
  • 100% training coverage for Board, KMPs, employees and workers on Code of Business Conduct
  • Fine of ₹18,000 paid to Office of Industrial Safety at Krishnagiri Magistrate Court for alleged violation of construction worker safety regulations
  • Accounts payable days: 130 days (FY 2025-26), 137 days (FY 2024-25)
  • Sales to dealers/distributors: 14.6% of total sales
  • Related Party Transactions: Purchases 42.8%, Sales 39.7%
Principle 2: Sustainable Products/Services
  • 60% of R&D investment directed toward ESG-oriented outcomes
  • 100% inputs sourced sustainably through Supplier Code of Business Conduct
  • Extended Producer Responsibility applicable for E-waste, battery and plastic waste
  • Quarterly and annual returns filed with Central Pollution Control Board
Principle 3: Employee Well-being
  • 100% health and accident insurance coverage for all employees and workers
  • Maternity benefits: 25 permanent employees (0.80%), 130 days average leave
  • Paternity benefits: 5 permanent employees (10.42%)
  • Well-being spending: 0.34% of total revenue
  • 100% coverage for PF, Gratuity, ESI for all employees and workers
  • Lost Time Injury Frequency Rate: 0.31 per million person hours (employees)
  • Total recordable work-related injuries: 2 (employees)
  • High consequence work-related injuries: 2 (employees)
Principle 5: Human Rights
  • 100% training coverage on human rights policies for all employees and workers
  • Median remuneration: BoD Male ₹6.93M, Female ₹3.32M; KMP Male ₹28.38M, Female ₹5.27M
  • Gross wages paid to females: 13.89% of total wages
  • Sexual harassment complaints: 1 filed in FY 2025-26, 1 upheld
Principle 6: Environmental Protection
Energy Consumption

| Parameter | FY 2025-26 (GJ) | FY 2024-25 (GJ) |

| Renewable Sources | 12,677.73 | 10,384.37 |

| Non-renewable Sources | 18,997.51 | 22,095.00 |

| Total Energy | 31,675.24 | 32,479.37 |

| Energy Intensity/₹ turnover | 0.0000006765 | 0.0000007752 |

Water Management

| Parameter | FY 2025-26 (kL) | FY 2024-25 (kL) |

| Ground water | 9,939.00 | 11,470.00 |

| Third party water | 1,118.00 | 3,966.00 |

| Total withdrawal | 30,585.00 | 32,455.00 |

| Total consumption | 30,585.00 | 32,455.00 |

| Water Intensity/₹ turnover | 0.0000006533 | 0.0000007747 |

Air Emissions

| Parameter | Unit | FY 2025-26 |

| SOx | Kg/day | 1.21 |

| Particulate Matter | Mg/nm3 | 34.99 |

GHG Emissions

| Parameter | FY 2025-26 | FY 2024-25 |

| Scope 1 Emissions | Metric tonnes CO2e | 3,374.00 | 3,772.93 |

| Emission Intensity/₹ turnover | | 0.0000000763 | 0.0000000956 |

Waste Management

| Waste Type | FY 2025-26 (MT) | FY 2024-25 (MT) |

| Plastic waste | 3.84 | 5.92 |

| E-waste | 9.50 | 8.36 |

| Bio-medical waste | 0.008 | 0.015 |

| Battery waste | 1.615 | - |

| Hazardous waste | 2.22 | 1.88 |

| Non-hazardous waste | 222.54 | 175.00 |

| Total Waste | 239.72 | 191.18 |

| Recycled | 238.42 | 190.38 |

| Incinerated | 0.66 | 0.761 |

CSR Project Beneficiaries

| Project | Beneficiaries |

| IIT-Honeywell Bombay Centre of Excellence | 364 students enrolled |

| Honeywell Future Skills Edge | 864 students trained, 28,000+ reached |

| Holistic Rural Development | 4,000 community members |

| Plant the Future | Maintenance of 2.43 lakh saplings |

Independent Assessment

  • Assessment provided by: MMJC Consultancy LLP, Mumbai
  • Assessment type: Reasonable assessment of BRSR Core indicators
  • Assessment date: May 20, 2026
  • Opinion: Identified Sustainability Information prepared in all material respects in accordance with reporting criteria