Date: May 29, 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 Information

  • Name: Orient Cement Limited
  • Year of incorporation: 2011
  • Corporate address: Same as registered office
  • Financial year: FY 2025-26
  • Stock exchanges: NSE and BSE
  • Paid-up Capital: ₹20,54,59,873
  • Contact person: Neeru Bansal (Address: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Ahmedabad – 382421; Contact: +919825386934; Email: neeru.bansal@adani.com)
  • Reporting boundary: Standalone basis for all Integrated Units, Grinding units and mines
  • Assurance provider: SGS India Private Limited
  • Assurance type: Limited Assurance as per ISAE 3000 (revised) and ISAE 3410

Products/Services

  • Main activity: Manufacturing of Cement, Clinker (100% of turnover)
  • NIC Code: 23941
  • Products accounting for 90% turnover: Cement, Clinker (100%)

Operations

  • Number of locations: 35 plants/offices nationally (3 plants, 32 offices), 0 internationally
  • Markets served: 12 States and 115 districts nationally, 0 internationally
  • Export contribution: Nil
  • Customer types: Individual Home Builders, Developers, Infrastructure projects, Masons and Contractors, Professionals

Employees

Total Employees and Workers (including differently abled):

  • Permanent employees: 577 (Male: 561, Female: 16)
  • Other than permanent employees: 0
  • Permanent workers: 487 (Male: 462, Female: 25)
  • Other than permanent workers: 6 (Male: 6, Female: 0)

Differently Abled:

  • Employees: 2 (Male: 2, Female: 0)
  • Workers: 0

Gender Representation:

  • Board of Directors: 6 total, 1 female (16.67%)
  • Key Management Personnel: 2 total, 1 female (50%)

Turnover Rates (Permanent):

  • Employees: Male 37.68%, Female 70.59%, Total 38.87%
  • Workers: Male 3.96%, Female 12.24%, Total 4.38%

Holding Company

  • Ambuja Cements Limited: Holding company (72.66% shares held)
  • Participates in Business Responsibility initiatives: Yes

CSR Details

  • CSR applicable: Yes
  • Turnover: ₹2,793 crores
  • Net worth: ₹2,146 crores

Grievance Redressal

FY 2025-26 Complaints:

  • Communities: 5 filed, 1 pending
  • Investors: 0 filed, 0 pending
  • Shareholders: 3 filed, 0 pending
  • Employees and workers: 0 filed, 0 pending
  • Customers: 0 filed, 0 pending
  • Value Chain Partners: 1 filed, 1 pending
  • Other: 4 filed, 0 pending

Material Responsibility Issues

16 material issues identified with risk/opportunity assessment:

1. Water management (Risk and Opportunity)

2. Air quality (Risk)

3. Circular Economy (Opportunity)

4. Climate and Energy (Risk and Opportunity)

5. Biodiversity (Risk and Opportunity)

6. Sustainable Construction (Opportunity)

7. Human Capital Development (Opportunity)

8. Diversity and Inclusion (Opportunity)

9. Human Rights (Risk and Opportunity)

10. Occupational Health and Safety (Risk and Opportunity)

11. Community Relations (Opportunity)

12. Customer Relationship Management (Opportunity)

13. Corporate Governance and business ethics (Opportunity)

14. Risk Management (Opportunity)

15. Sustainable Supply Chain (Risk and Opportunity)

16. Information technology and data privacy (Risk and Opportunity)

Management Processes

  • Policies cover all 9 NGRBC principles
  • Policies translated into procedures
  • Policies extend to value chain partners
  • Adopted standards: ISO 14001:2015, ISO 9001:2015, ISO 50001:2018, ISO 45001:2018, ISO 27001:2013, GHG Protocol, Cement Sustainability Initiative of WBCSD, TNFD, LeadIT, GCCA
  • Specific commitments: Reduction in GHG emissions, Increase waste recovery capacity, Increase AFR utilization, Increase beneficiaries

Performance Against Commitments

  • Gross Scope 1: 640 Kg CO2/ton of Cementitious materials
  • Scope 2: 4 Kg CO2/ton of Cementitious materials
  • Consumed 1.14 million tonnes of waste derived resources
  • 1.2x Water Positive
  • 0.31 million CSR Outreach till FY'26
  • 0.53 million trees planted till FY'26

Governance

  • Statement by director highlights ESG challenges, targets and achievements
  • Highest authority: CEO and Whole Time Director
  • Board Committee: Corporate Responsibility Committee (Independent Directors)
  • Quarterly reviews of policies and performance

Principle-wise Performance

Principle 1 (Ethics, Transparency, Accountability):

  • Training coverage: Board (83%), KMP (100%), Employees (100%), Workers (100%)
  • Fines/penalties: ₹1,34,000 fine from BSE for non-compliance with Regulation 17(1A) of SEBI LODR
  • Anti-corruption policy: Yes (https://orientcement.com/wp-content/uploads/2025/06/Anti-Corruption-and-Anti-Bribery-Policy.pdf)
  • Days accounts payable: 83 days (FY26) vs 38 days (FY25)

Principle 2 (Sustainable Goods/Services):

  • R&D investment: ₹1.05 Cr (1.05% of total)
  • Capex investment: ₹3 Cr (68.60% of total)
  • Sustainable sourcing procedures: Yes
  • EPR applicable: Yes, 100% plastic collection compliance

Principle 3 (Employee Well-being):

  • 100% coverage for health/accident insurance for employees and workers
  • Maternity benefits: 100% for female employees, 100% for female workers
  • Paternity benefits: 0% for employees, 0% for workers
  • Day care facilities: 100% coverage
  • Spending on well-being: 0.25% of total revenue
  • Retirement benefits: 100% coverage for PF, Gratuity; ESI coverage as eligible
  • Workplace accessibility: Yes for differently abled
  • Equal opportunity policy: Yes
  • Return to work rate: 100% for employees
  • Grievance mechanism: Yes
  • Union membership: 100% of permanent workers
  • Training: 100% coverage on health/safety and skill upgradation
  • Performance reviews: 100% for employees, 100% for workers
  • Safety system: ISO 45001 implemented
  • Fatalities: 1 worker fatality
  • Lost-time injuries: 4 workers
  • Recordable injuries: 0
  • High consequence injuries: 0

Principle 4 (Stakeholder Responsiveness):

  • Stakeholder identification process described
  • Key stakeholders: Channel Partners, Government & Regulatory Authorities, Customers, Employees, Suppliers, Community, Media, Construction professionals, Industry Association
  • Engagement frequency: Continuous to quarterly

Principle 5 (Human Rights):

  • Human rights training: 100% coverage for employees and workers
  • Minimum wages: All employees and workers paid above minimum wage
  • Median remuneration: BoD ₹9-15 lakh, KMP ₹1.13-1.70 crore, Employees ₹7.92-12.42 lakh, Workers ₹5.97-6.93 lakh
  • Gross wages to females: 2.88% of total wages
  • Human rights focal point: Yes
  • Complaints: 0 across all categories (sexual harassment, discrimination, child labor, forced labor, wages)
  • POSH complaints: 0
  • Human rights in contracts: Yes
  • Assessments: 100% plants assessed for all human rights parameters

Principle 6 (Environmental Protection):

Energy Consumption:

  • Renewable sources: 1,953,997 GJ
  • Non-renewable sources: 17,288,686 GJ
  • Total energy: 19,242,683 GJ
  • Energy intensity: 0.00069 GJ/₹ turnover, 3.1 GJ/tonne cementitious material

Water Management:

  • Water withdrawal: 986,591 KL (Groundwater: 541,661 KL, Third party: 28,301 KL, Rainwater: 416,629 KL)
  • Water consumption: 986,591 KL
  • Water intensity: 0.035 Litres/₹ turnover, 158 Litres/tonne cementitious material
  • Water discharge: 0 KL (Zero Liquid Discharge implemented)

Air Emissions:

  • NOx: 2,460 tonnes
  • SOx: 61 tonnes
  • Particulate matter: 236 tonnes

GHG Emissions:

  • Scope 1: 4,010,106 tonnes CO2
  • Scope 2: 23,890 tonnes CO2
  • Intensity: 0.14 kg CO2/₹ turnover, 644 kg CO2/tonne cementitious material

Waste Management:

  • Total waste generated: 125,100.5 metric tonnes
  • Plastic waste: 5,385 MT (100% recycled)
  • E-waste: 0.04 MT (100% recycled)
  • Bio-medical waste: 0.5 MT (100% incinerated)
  • Other hazardous waste: 11 MT (100% recovered)
  • Other non-hazardous waste: 119,701 MT (100% recovered)
  • Waste intensity: 0.0045 Kg/₹ turnover, 20 Kg/tonne cementitious material

Environmental Compliance:

  • Fully compliant with all environmental laws
  • No non-compliances reported

Principle 7 (Policy Influence):

  • Trade associations: 6 affiliations (GCCA, CII, NSC, WEF, TNFD, LeadIT)
  • No anti-competitive conduct issues

Principle 8 (Inclusive Growth):

  • Social Impact Assessment: Part of EIA process
  • No ongoing Rehabilitation and Resettlement
  • Grievance mechanism for communities
  • MSME sourcing: 48.49% of input material
  • Local sourcing: 99.76% from within India
  • Rural employment: 34.35% wage cost in semi-urban areas

Principle 9 (Consumer Responsibility):

  • Consumer complaint mechanism: consumer.care@adani.com
  • Product information: Conforms to all statutory parameters
  • Consumer complaints: 112 total, 6 pending
  • Data breaches: 0 instances
  • Cyber security policy: Yes
  • Customer satisfaction surveys: Conducted regularly

Assurance Statement

  • Assurance provider: SGS India Private Limited
  • Assurance standard: ISAE 3000 (revised) and ISAE 3410
  • Assurance level: Limited assurance for BRSR core indicators
  • Scope: 2 Integrated units (Chittapur, Devapur) and 1 grinding unit (Jalgoan) plus corporate office
  • Conclusion: BRSR core indicators fairly stated; nothing came to attention for non-core indicators