Date: 6th July 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 Disclosures

Corporate Details:

  • Corporate Identity Number: L74999RJ1938PLC019511
  • Year of Incorporation: 1938
  • Corporate Office: Nehru House, 4, Bahadur Shah Zafar Marg, New Delhi - 110 002
  • Paid-up Capital: ₹62.09 Crore
  • Turnover: ₹6879.10 Crore
  • Net Worth: ₹3929.80 Crore
  • Reporting Boundary: Standalone basis for all integrated and grinding units

Business Activities:

  • Cement Manufacturing & Selling contributes 91% of turnover
  • Products: Cement & Clinker (NIC Code 2394)

Operations:

  • 3 Integrated Cement Plants & 4 Grinding Units nationally
  • 24 offices nationally
  • Markets served: 20 States & UTs in India, no exports
  • Customers: Channel partners, individual home builders, contractors, infrastructure companies, government departments

Employees & Workers (FY 2025-26):

  • Total Employees: 1,590 (97.11% male, 2.89% female)
  • Permanent: 1,544 (97.02% male, 2.98% female)
  • Other than Permanent: 46 (100% male)
  • Total Workers: 3,360 (92.98% male, 7.02% female)
  • Permanent: 239 (100% male)
  • Other than Permanent: 3,121 (92.44% male, 7.56% female)
  • Differently Abled: 3 workers (all male), no differently abled employees
  • Board Diversity: 37.5% women representation (3 out of 8 directors)
  • Turnover Rate: Permanent employees 15%, permanent workers 0%

Subsidiaries & Associates:

  • Subsidiaries: Ram Kanta Properties Pvt. Ltd. (100%), Agrani Cement Pvt. Ltd. (85%), Avichal Cement Pvt. Ltd. (85%), Mahabal Cement Pvt. Ltd. (85%), Trivikram Cement Pvt. Ltd. (85%), NECEM Cements Ltd. (77.96%)
  • Associates: Dwarkesh Energy Ltd. (33.38%), Amplus Helios Pvt. Ltd. (20.80%), Sungaze Power Pvt. Ltd. (35%), STLC RE Ltd. (26%), AMPIN C&I Power Four Pvt. Ltd. (26%)

CSR Applicability: Yes under Section 135 of Companies Act, 2013

Complaints/Grievances (FY 2025-26):

  • Shareholders: 30 filed, 0 pending
  • Customers: 4 filed, 0 pending
  • Influencers: 680 filed, 0 pending
  • No complaints from communities, investors, employees, workers, or value chain partners

Material Responsible Business Conduct Issues:

17 material issues identified including:

1. Climate Change & GHG Emissions (Risk & Opportunity)

2. Employee Health & Safety (Risk)

3. Corporate Governance & Ethics (Risk & Opportunity)

4. Sustainable Supply Chain Management (Risk)

5. Cyber Security & Data Privacy (Risk)

6. Branding & Reputation (Risk & Opportunity)

7. Circularity (Waste & Water Management) (Risk & Opportunity)

8. Community & Social Licence to Operate (Opportunity)

9. Sustainable Product Development (Opportunity)

10. Regulatory Compliance & Disclosures (Risk)

11. Energy Management (Risk & Opportunity)

12. Biodiversity & Land Use (Risk)

13. Diversity & Inclusion (Opportunity)

14. Employee Training & Development (Opportunity)

15. Customer Satisfaction (Opportunity)

16. Research & Development (Opportunity)

17. Human Rights Practices (Risk)

Management and Process Disclosures

Policy Coverage: All 9 NGRBC Principles covered with Board-approved policies

Policy Extension: Policies extend to value chain partners

Certifications: ISO 9001:2015, ISO 50001:2018, ISO 45001:2018, ISO 14001:2015, NABL Lab (ISO/IEC 17025), various BIS standards

Highest Authority: Dr. Arun Kumar Shukla, President & Director

Board Committee: CSR & Sustainability Committee with 4 members including Chairperson Smt. Vinita Singhania

Review Frequency: Annual performance review, quarterly compliance review

Principle-wise Performance Disclosure

Principle 1 (Ethical, Transparent, Accountable):

  • Training Coverage: Board & KMPs 83-89%, Employees 100%, Workers 100%
  • Penalty: ₹6.55 Crore penalty by CCI (19th January 2017 order), appeal pending with NCLAT
  • Anti-corruption policy: Yes, with web link
  • No disciplinary actions against Directors/KMPs/employees/workers
  • Accounts Payable Days: 33 days (FY26) vs 40 days (FY25)
  • Sales Concentration: 58% to dealers/distributors (4,859 dealers)

Principle 2 (Sustainable & Safe Goods/Services):

  • R&D Investment: 9% on low carbon products including LC3
  • Capex Investment: 23% on energy efficiency, water conservation, alternative fuels
  • Sustainable Sourcing: 22.70% input from Alternative Fuels and Raw Materials
  • Waste Management: EPR compliant for plastics, authorized disposal for e-waste, hazardous waste, bio-medical waste
  • Life Cycle Assessment: Conducted for cement products (cradle-to-gate)

Principle 3 (Employee Well-being):

  • Employee Benefits: 100% health & accident insurance coverage
  • Worker Benefits: 100% health & accident insurance, 92.37% day care facilities for female workers
  • Well-being Spending: 0.15% of total revenue
  • Retirement Benefits: 100% coverage for PF, Gratuity, ESI
  • Training: 100% employees trained on health/safety, 87.56% on skill upgradation
  • Safety Performance: 1 fatality (worker), 0.11 recordable injury rate
  • No complaints on working conditions or health/safety

Principle 4 (Stakeholder Responsiveness):

  • Stakeholder Groups Identified: Shareholders, institutional investors, industry associations, employees, customers, value chain partners, communities, statutory bodies, media
  • Engagement Methods: Meetings, surveys, conferences, digital platforms
  • Frequency: Regular to need-based engagement

Principle 5 (Human Rights):

  • Training Coverage: 98.36% employees, 92.47% workers on human rights
  • Wage Compliance: 100% employees above minimum wage, 75% non-permanent workers above minimum wage
  • Median Remuneration: Executive Directors ₹12.35 crore, Non-Executive Directors ₹17.50 lakh, Employees ₹12.72 lakh, Workers ₹6.69 lakh
  • Female Wage Share: 7.11% of total wages
  • No complaints on sexual harassment, discrimination, child labor, forced labor
  • 100% assessment coverage for human rights parameters

Principle 6 (Environmental Protection):

  • Energy Consumption: 33,493,903 GJ total, 0.000487 GJ/₹ turnover intensity
  • Water Management: 1,515,715 KL withdrawal, 1,235,384 KL consumption, 0.0000179 KL/₹ turnover intensity
  • Zero Liquid Discharge: Achieved across all operations
  • Air Emissions: NOx 6,892.30 MT, SOx 877.69 MT, PM 669.29 MT
  • GHG Emissions: Scope 1 7,764,061.11 tCO2e, Scope 2 231,139.91 tCO2e, Intensity 609 KgCO2e/t cement
  • Waste Generated: 43,154.57 MT total, 39,989.97 MT reused/recycled
  • Environmental Compliance: Fully compliant with all applicable laws
  • EIA Projects: 5 projects undergoing assessment in FY26

Principle 7 (Responsible Policy Influence):

  • Industry Affiliations: 10 trade associations including CII, CMA, NCCBM
  • Corrective Action: NCLAT appeal against CCI penalty, maintaining ethical business practices

Principle 8 (Inclusive Growth):

  • SIA Conducted: For Assam integrated plant project
  • MSME Sourcing: 14.59% of total procurement
  • Rural Employment: 24.06% wage cost in rural areas
  • CSR Beneficiaries: Over 300,000 people across 6 programs with 55-81% from vulnerable groups

Principle 9 (Responsible Consumer Engagement):

  • Complaint Mechanism: Salesforce CRM, toll-free helpline, technical service unit
  • Consumer Complaints: 4 filed, 0 pending
  • Data Privacy: Framework available, zero data breaches
  • Product Information: BIS compliant with additional benefit information

Assurance & Compliance

  • Assurance Provider: Bureau Veritas (India) Private Limited
  • Assurance Type: Limited Assurance for BRSR core indicators, ISAE3000, AA1000 AS V3, ISO 14064-1:2018 for Scope 1 & 2
  • Compliance: Fully compliant with all applicable environmental laws and regulations