Date: 03.09.2026

Products/Services

  • Main Activity: Manufacturing of auto components i.e. Steel Wheel rims, Alloy Wheel rims and Aluminium Steering Knuckle
  • % of turnover: 100%
  • NIC Code: 29301

Operations

  • Number of locations: 32 (National: 05 plants + 27 offices*, International: 0)
  • *Includes 22 Warehouses
  • *New plant being set up at Bhuj, Gujarat
  • Markets served: 18 States and 3 Union Territories (National), 22 countries (International)
  • Export contribution: 8.75% of total turnover
  • Customer base: Sells to customers across the globe engaged in manufacturing automotive and auto components

Employees

Total Workforce (as at 31.03.2026):
  • Permanent Employees: 2,431 (Male: 2,355, Female: 76)
  • Other than Permanent Employees: 0
  • Permanent Workers: 632 (Male: 632, Female: 0)
  • Other than Permanent Workers: 7,151 (Male: 7,046, Female: 105)
  • Total Workforce: 10,214
Differently Abled:
  • Employees: 3 (Male: 3, Female: 0)
  • Workers: 13 (Male: 13, Female: 0)
Women Representation:
  • Board of Directors: 2 out of 11 (18.18%)
  • Key Management Personnel: 1 out of 5 (20%)
Turnover Rate (FY 2025-26):
  • Permanent Employees: 31.5% (Male: 31.3%, Female: 39.4%)
  • Permanent Workers: 1.7% (Male: 1.7%, Female: 0%)
  • *Note: Includes employees/workers who have retired during the year

Holding, Subsidiary and Associate Companies

1. Clean Max Astria Private Limited (CMAPL) - Associate - 26.00% shares held - Does not participate in Business Responsibility initiatives

2. AMW Autocomponent Limited (AACL) - Subsidiary - 100.00% shares held - Does not participate in Business Responsibility initiatives

CSR Details

  • CSR applicable: Yes
  • Turnover (₹): ₹51,82,80,24,615
  • Net worth (₹): ₹16,81,98,05,627

Transparency and Disclosure Compliances

Complaints/Grievances (FY 2025-26):
  • Communities: 0 complaints filed, 0 pending
  • Investors (other than shareholders): 0 complaints filed, 0 pending
  • Shareholders: 16 complaints filed, 1 pending (received on 25.03.2026, resolved in April 2026)
  • Employees and workers: 58 complaints filed, 0 pending
  • Customers: 21 complaints filed, 0 pending
  • Value Chain Partners: 0 complaints filed, 0 pending

Material Responsible Business Conduct Issues

11 Material Issues Identified:

1. Ethics and Compliance (Risk) - Negative financial implications

2. Health and Safety (Risk) - Negative financial implications

3. Employees Productivity and Retention (Opportunity and Risk) - Both positive and negative financial implications

4. Competition (Risk and Opportunity) - Both positive and negative financial implications

5. Social costs (Risk) - Negative financial implications

6. Community Well-being (Opportunity) - Positive financial implications

7. Climate and Environment (Risk and opportunity) - Both positive and negative financial implications

8. Water security (Risk) - Negative financial implications

9. Supply Chain Management (Risk) - Negative financial implications

10. Energy Management (Risk and opportunity) - Both positive and negative financial implications

11. Information/Cyber security (Risk) - Negative financial implications

Management and Process Disclosures

  • Policies cover all 9 NGRBC Principles
  • Policies approved by Board
  • Policies available on website: https://sswlindia.com/investors/corporate-governance#codes-policies
  • Policies translated into procedures
  • Code of Conduct for business partners extends to value chain partners
  • Policies based on International Standards including ISO 9001, ISO 14001, ISO 27001, ISO 45001, ISO 50001, GRI standards, and ILO principles
  • Corporate Social Responsibility and Sustainability Committee (CSRSC) oversees ESG implementation
  • CSRSC members: Sh. Virander Kumar Arya (Independent Director), Sh. Shashi Bhushan Gupta (Independent Director), Sh. Manohar Lal Jain (Executive Director)
  • *Sh. Mohan Joshi ceased to be member of CSRSC w.e.f. 03.06.2026 post resignation
  • Performance against policies reviewed quarterly

Principle-wise Performance Disclosures

Principle 1 (Ethical, Transparent, Accountable):
  • Training coverage: 100% for all categories (Board, KMP, Employees, Workers)
  • No fines/penalties paid breaching materiality thresholds under Regulation 30 of SEBI LODR
  • Anti-corruption policy available: https://sswlindia.com/investor-docs/antibriberycorruption_policy.pdf
  • No disciplinary action for bribery/corruption against employees/workers
  • No complaints about conflict of interest
  • Number of days of accounts payable: 83.76 days (FY 2025-26) vs 74.73 days (FY 2024-25)
  • Purchases from trading houses: 3.11% of total purchases
  • Purchases from related parties: 0.16% of total purchases
  • Sales to related parties: 0.00% of total sales
Principle 2 (Sustainable and Safe Goods/Services):
  • R&D investment: 0.13% of total R&D and capex
  • Capex investment (including R&D): 1.60% of total R&D and capex
  • Sustainable sourcing procedures: Yes
  • Approximately 85% of inputs sourced sustainably
  • Extended Producer Responsibility (EPR) applies: Yes
  • Waste reclamation processes in place for plastics, e-waste, hazardous waste, other waste
Principle 3 (Employee Well-being):
  • 100% of permanent employees covered by health insurance and accident insurance
  • 3.13% of permanent employees covered by maternity benefits
  • 96.87% of permanent employees covered by paternity benefits
  • 100% of permanent workers covered by health insurance and accident insurance
  • Cost on well-being measures: 0.04% of total revenue
  • Retirement benefits: 100% coverage for PF and Gratuity for employees and workers
  • Workplace accessible to differently abled: Yes
  • Equal opportunity policy: https://sswlindia.com/investor-docs/policies/equalemploymentopportunities_policy.pdf
  • Return to work rate after parental leave: 100% for permanent employees
  • Grievance mechanism: Available for all categories
  • Occupational health and safety management system: Yes (ISO 45001:2018)
  • Safety incidents: LTIFR 0.26 (employees), 0.15 (workers); Total recordable injuries: 2 (employees), 3 (workers); No fatalities
Principle 4 (Stakeholder Responsiveness):
  • Key stakeholder groups identified: Regulatory bodies/Government/Industry Associations, Opinion Leaders/Experts/Academic Institutions, Investors/Funders/Shareholders, Vendors/Suppliers/Contractors/Sellers, Customers, Local communities, Employees, Media/NGOs
  • Engagement frequency varies from daily to need-based
Principle 5 (Human Rights):
  • 100% of employees and workers provided training on human rights
  • All employees and workers paid more than minimum wage
  • Median remuneration: BoD ₹216.62 lakhs (male), KMP ₹154.05 lakhs (male) and ₹10.63 lakhs (female), Other employees ₹4.76 lakhs (male) and ₹3.7 lakhs (female), Workers ₹5.03 lakhs (male)
  • Gross wages paid to females: 1.61% of total wages
  • Focal point for human rights: HR Head at plant level
  • No complaints on sexual harassment, discrimination, child labor, forced labor, wages
  • POSH complaints: 0 reported (FY 2025-26) vs 1 reported (FY 2024-25)
  • Human rights requirements part of business agreements: Yes
  • 100% of plants assessed for human rights parameters
Principle 6 (Environmental Protection):
  • Total energy consumption: 14,41,390 GJ
  • Energy from renewable sources: 1,56,341 GJ (10.85%)
  • Energy from non-renewable sources: 12,85,049 GJ (89.15%)
  • Energy intensity: 2.78 GJ/₹ lakh turnover
  • Water withdrawal: 5,87,521 kl (Surface: 3,36,578 kl, Groundwater: 1,02,159 kl, Third party: 1,12,956 kl, Others: 35,828 kl)
  • Water consumption: 5,87,521 kl
  • Water intensity: 1.13 kl/₹ lakh turnover
  • Zero Liquid Discharge mechanism: Yes (ETP and STP systems)
  • Air emissions: NOx 11,069 kg, SOx 5,501 kg, Particulate matter 7,375 kg
  • GHG emissions: Scope 1 - 49,457 tCO2e, Scope 2 - 1,02,977 tCO2e
  • GHG intensity: 0.29 tCO2e/₹ lakh turnover
  • Waste generated: 96,241 metric tons
  • Waste intensity: 0.19 tonnes/₹ lakh turnover
  • Compliant with applicable environmental laws: Yes
Principle 7 (Responsible Policy Influence):
  • Number of affiliations with trade/industry chambers: 1
  • Top affiliation: Automotive Component Manufacturing Association (ACMA) - National reach
  • No corrective action on anti-competitive conduct
Principle 8 (Inclusive Growth):
  • No Social Impact Assessments undertaken
  • No Rehabilitation and Resettlement ongoing
  • Input material sourced from MSMEs/Small Producers: 7.18%
  • Input material sourced from within India: 84.26%
  • Wages paid in rural areas: 48.00% of total wages
  • CSR spending in aspirational districts: ₹26,35,694 in East Singhbhum, Jharkhand
  • No preferential procurement from marginalized/vulnerable groups
  • CSR beneficiaries: 100% from vulnerable and marginalized groups across 18 projects
Principle 9 (Responsible Consumer Engagement):
  • Consumer complaint mechanism: Direct feedback, email addresses, meetings
  • 21 product-related complaints received, all resolved
  • No data privacy, advertising, cyber-security, restrictive trade practices, unfair trade practices complaints
  • No product recalls
  • Cyber security framework: https://sswlindia.com/investor-docs/policies/informationsecuritypolicy.pdf
  • ISO/IEC 27001 certification obtained
  • No data breaches

Independent Reasonable Assurance

  • Provider: Intertek India Private Limited
  • Scope: Selected BRSR Core disclosures for FY2025-26
  • Standards: ISAE 3000 (revised) and ISAE 3410
  • Materiality threshold: 5%
  • Conclusion: Sustainability data and information is fairly presented in all material aspects
  • Date: 03.09.2026