Key Quantitative Figures

  • Crisil ESG Rating: Improved to 63 (Strong) in FY 2025-26 from 57 (Adequate) in FY 2024-25
  • SES ESG Rating: Declined marginally to 72.1 in FY 2025-26 from 72.3 in FY 2024-25

Dates of Action

  • Disclosure Date: September 01, 2026
  • Rating Intimation Received: August 31, 2026
  • Rating Period: FY 2025-26 (with comparative data for FY 2024-25)

Parties Involved

  • ESG Rating Providers: Crisil ESG Ratings & Analytics Limited (Category I SEBI Registered Agency) and SES ESG Research Private Limited (Category II SEBI Registered Agency)
  • Disclosing Officer: Samridhi Rodhe, Company Secretary & Compliance Officer

Purpose and Context

The disclosure is made to comply with SEBI listing requirements regarding material events. The company received unsolicited ESG ratings from two SEBI-registered agencies based on publicly available information.

Rating Details

Crisil ESG Rating

  • Rating Agency: Crisil ESG Ratings & Analytics Limited (Category I SEBI Registered Agency)
  • Current Rating: 63 (Strong) for FY 2025-26
  • Previous Rating: 57 (Adequate) for FY 2024-25
  • Change: Improvement of 6 points year-over-year

SES ESG Rating

  • Rating Agency: SES ESG Research Private Limited (Category II SEBI Registered Agency)
  • Current Rating: 72.1 for FY 2025-26
  • Previous Rating: 72.3 for FY 2024-25
  • Change: Marginal decline of 0.2 points year-over-year
  • Reason for Decline: Changes in select Environmental and Social parameters, primarily renewable energy and safety metrics

Engagement Status

The company explicitly states that it has not engaged either Crisil or SES for ESG ratings. Both ratings were assigned independently and voluntarily by the agencies based on the company's public disclosures.

Financial Impact

Financial impact not quantified in the disclosure. The ratings represent assessment of environmental, social and governance performance rather than direct financial metrics.

#Tags: #IndusTowers #ESGRatings #SEBIDisclosure #RegulatoryCompliance #Neutral