Governance, leadership and oversight 7. Statement by Director, responsible for the business responsibility report, highlighting ESG related challenges, targets and achievements (listed entity has flexibility regarding the placement of this disclosure) Mrs. N. Bhuvaneswari - Vice Chairperson & Managing Director The Company’s unwavering commitment to creating a brighter future goes beyond traditional notions of profitability. It understands that true success lies in achieving sustainability, inclusivity, and overall prosperity. By embracing this philosophy, the Company recognizes the interconnectedness of its long-term viability with its proactive approach to environmental, social, and governance considerations. Taking a holistic approach, the Company integrates sustainability into its core values and practices, striving to address inequalities both within and outside the organization. By fostering trust among stakeholders, the Company builds enduring relationships that contribute to its long-term success. Environmental stewardship is a top priority for the Company, understanding the pivotal role it plays in shaping a sustainable future. Through thoughtfully planned initiatives, it aims to minimize its ecological footprint and drive the transition to a greener tomorrow. Beyond its environmental efforts, the Company sets itself apart in the industry through its dedication to delivering cuttingedge, sustainable, and reliable products. By consistently providing innovative solutions, the Company strengthens its brand and establishes itself as a trusted leader in the field. With a vision that extends beyond mere profitability, the Company positions itself as a catalyst for positive change. Through sustainable practices, inclusive strategies, and unwavering commitment to stakeholders, the Company shapes a more resilient and prosperous world for all. 8. Details of the highest authority responsible for implementation and oversight of the Business Responsibility policy(ies) 1. Mrs. N. Bhuvaneswari - Vice Chairperson & Managing Director 2. Mrs. N. Brahmani - Executive Director 9. Does the Company have a specified Committee of the Board/ Director responsible for decision making on sustainability related issues? (Yes / No). If yes, provide details. The Company does not have a committee for decision-making on sustainability concerns. However, the board of directors and the senior management monitor various aspects of social, environmental, governance and economic responsibilities of the Company on a continuous basis. 10. Details of review of NGRBCs by the Company: Subject for review Indicate whether review provided below taken by Director/Committee of the Board/any other Committee Frequency (Annually/Half yearly/Quarterly/ Any other – please specify) P1 P2 P3 P4 P5 P6 P7 P8 P9 P1 P2 P3 P4 P5 P6 P7 P8 P9 Performance against above policies and follow up action Committee of the Board - Any other - The Department heads and the leadership team review the Company’s Business Responsibility Policies on a regular basis or as needed. Efficacy of policies is reviewed, and necessary modifications to policies and processes are implemented during this assessment. Compliance with statutory requirements of relevance to the principles and rectification of any non-compliances Committee of the Board - Any other - The Company is in compliance with all applicable regulations. P1 P2 P3 P4 P5 P6 P7 P8 P9 11. Has the entity carried out independent assessment /evaluation of the working of its policies by an external agency? (Yes/ No). If yes, provide the name of the agency. - No - The processes and compliances are subject to scrutiny by auditors and status of compliances are updated to the Board. From best practices as well as from a risk perspective, policies are periodically evaluated and updated by various department heads and approved by the management and/or by the Board. In future, the Company may partner with an external agency to analyse and evaluate its policies. 111 BRSR | Statutory Reports
RkJQdWJsaXNoZXIy NTE5NzY=