Management and Process Disclosures.

Our 2030 sustainability commitments enable us to achieve tangible outcomes and drive transformative change. By seamlessly integrating social and environmental considerations into our operations and decisions, we are actively shaping a better, more sustainable tomorrow.

Message from the
CEO's Desk

“At SIL, we recognise the profound importance of Environmental, Social, and Governance (ESG) principles in driving sustainable business practices. Our commitment to ESG is unwavering, as we understand its pivotal role in fostering long-term value creation and stakeholder trust. Moving forward, we remain dedicated to upholding the highest standards across all facets of ESG. From environmental stewardship to social responsibility and corporate governance, we will continue to prioritise initiatives that positively impact our planet, communities, and organisational integrity. Our journey towards comprehensive ESG excellence is ongoing, and we are steadfast in our resolve to continually improve and innovate in this crucial domain.”

Mr Sukuru Ramarao Chief Executive Officer

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I. Details of the listed entity

1. Corporate Identity Number (CIN) of the Listed Entity L18209TG1985PLC005581
2. Name of the Listed Entity Sanghi Industries Limited
3. Year of incorporation 1985
4. Registered office address Sanghinagar P.O. Hayatnagar Mandal, R R District, Telangana – 501 511.
5. Corporate address Adani Corporate House, Shantigram, S. G. Highway, Khodiyar, Ahmedabad – 382421
6. E-mail companysecretary.sil@adani.com
7. Telephone 079-2656 5555
8. Website www.sanghicement.com
9. Financial year for which reporting is being done April 2023 to March 2024
10. Name of the Stock Exchange(s) where shares are listed National Stock Exchange of India Limited and BSE Limited
11. Paid-up Capital ` 258.33 crore
12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report Name: Neeru Bansal
Address: Adani Corporate House,
Shantigram, Near Vaishno Devi Circle, S.G. Highway,
Ahmedabad – 382421
Contact: +91 9825386934
Email ID: neeru.bansal@adani.com
13. Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). Yes, the disclosures under this report is made on standalone basis as the Company is not having any subsidiary company as on end of the FY 2023-24.
14. Name of assurance provider Intertek India Private Limited
15. Type of assurance obtained Limited Assurance

II. Products/services

16. Details of business activities (accounting for 90% of the turnover):

Sr. No. Description of Main Activity Description of Business Activity % of Turnover of the entity
1. Manufacturing Cement, Clinker 100%

17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):

Sr. No. Product/Service NIC Code % of total turnover contribute
1. Cement & Cement products 23941 100

III. Operations

18. Number of locations where plants and/ or operations/offices of the entity are situated:

Location Number of plants Number of offices Total
National 1 1 2
International 0 0 0

19. Markets served by the entity:

a. Number of locations

Locations Number
National (No. of States) Five
(Gujarat, Maharashtra, Rajasthan, MP, Kerala)
International (No. of Countries) Nil

b) What is the contribution of exports as a percentage of the total turnover of the entity?
Nil.


c) A brief on types of customers
Dealers, Builders, Institution, Govt. contractors, RMC/Precast manufacturers.

IV. Employees

20. Details as at the end of Financial Year:

a) Employees and workers (including differently abled):

Sr No. Particulars Total(A) Male Female
No. (B) % (B/A) No. (C) % (C/A)
Employees
1. Permanent (D) 326 321 98.47% 5 1.53%
2. Other than Permanent (E) 0 0 0 0 0
3. Total employees (D + E) 326 321 98.47% 5 1.53%
Workers
4. Permanent (F) 360 360 100.00% 0 0.00%
5. Other than Permanent (G) 587 442 75.30% 145 24.70%
6. Total workers (F + G) 947 802 84.68% 145 15.32%

b) Differently abled Employees and workers:

Sr. No. Particulars Total(A) Male Female
No. (B) % (B/A) No. (C) % (C/A)
Differently Abled Employees
1. Permanent (D) 2 2 100% 0 0
2. Other than Permanent (E) 0 0 0 0 0
3. Total employees (D + E) 2 2 100% 0 0
Differently abled Worker
4. Permanent (F) 0 0 0 0 0
5. Other than Permanent (G) 0 0 0 0 0
6. Total workers (F + G) 0 0 0 0 0

21. Participation/ Inclusion/ Representation of women

Total
(A)		 No. and percentage of females
No. (B) % (B/A)
Board of Directors 6 1 16.67
Key Management Personnel 2 0 0

22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)

FY2023-24
(Turnover rate %)		 FY2022-23
(Turnover rate %)		 FY2021-22
(Turnover rate %)
Male Female Total Male Female Total Male Female Total
Permanent Employees 54.73 94.79 55.56 53.2 1.07 54.27 45.00 1.70 46.70
Permanent Workers 30.88 100 31.81 24.6 1.20 25.80 25.90 0.00 25.90

V. Holding, Subsidiary and Associate Companies (including joint ventures)

23. (a) Names of holding / subsidiary / associate companies / joint ventures

Sr. No. Name of the holding/subsidiary/ associate companies/ joint ventures (A) Indicate whether holding/ Subsidiary/Associate/
Joint Venture 		% of shares held by
listed entity		 Does the entity indicated at column A, participate in the Business Responsibility
initiatives of the listed entity? (Yes/No)
1. Ambuja Cements Limited Holding Company 60.44 No

VI. CSR Details

24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No)
           No. (As there was loss during FY 2022-23, the Company is not required to spend under CSR during FY 2023-24)

      (ii) Turnover (in ` )        : ` 820,17,00,000

      (iii) Net worth (in ` )        : ` 1110,79,49,201

VII. Transparency and Disclosures Compliances

25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct

Stakeholder group from whom complaint is received Grievance Redressal Mechanism in Place (Yes/No) FY2023-24
Current reporting period		 FY2022-23
Previous reported Year
(If Yes, then provide web-link for grievance redress policy) Number of complaints filed during the year Number of complaints pending resolution at close of the year Remarks Number of complaints filed during the year Number of complaints pending resolution at close of the year Remarks
Communities -
 0 0 - 0 0 -
Investors (other than shareholders) *Yes 0 0 - 0 0 -
Shareholders Yes,
(Ref. Note 1) 		19 1 - 9 3 -
Employees and workers Yes
(Ref. Note 2) 		0 0 0 0 0 -
Customers Yes
(Ref. Note 3) 		0 0 0 0 0 -
Value chain partners - 0 0 - 0 0 -
Other (please specify) - 0 0 - 0 0 -

*The Whistle Blower policy of the Company also includes all the stakeholders of the Company and accordingly the grievance of all the stakeholders are covered under the said policy. The Whistle Blower policy is available on the website of the Company at https://www.sanghicement.com/policies/


    Notes:

  • Shareholders Complaints are dealt by the Secretarial Department of the Company and its reporting on quarterly basis are done with Stock Exchanges where the shares of the Company are listed
  • Employees of the Company may report their grievances / complaints to their respective Head of Departments / immediate superior which is escalated to the HR department of the Company in case of non-satisfactory resolution
  • Customers Complaints are dealt with by a separate team and are resolved within the committee time.

26. Overview of the entity’s material responsible business conduct issues

Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format

Sr. No. Material issue identified Indicate whether risk or opportunity (R/O) Rationale for identifying the risk/opportunity In case of risk, approach to adapt or mitigate Financial implications of the risk or opportunity (Indicate positive or negative implications)
1. Corporate governance R Policy revision/ up gradation / Board review Negative
2. Business Ethics R Whistle blower policy and its deployment. The Company has a whistle blower policy for its employees, vendors and channel partners Negative
3. Customer Experience & Satisfaction O Positive
4. GHG Emissions and Climate Change O Positive
5. Circular economy O Positive
6. Energy Management Cost of installation/ replacement. O Positive / Negative (Cost of installation/ replacement)
7. Use of Alternative fuels O Positive / Negative (Cost of installation/ replacement)
8. Water Management O/R Water is the most crucial resource for maintaining our manufacturing activities. We have a relentless focus on reducing usage and improving conservation to promote water stewardship across our operations

(a) Maintain Zero Liquid Discharge (ZLD)

(b) Water used in the plant for industrial cooling is recycled through cooling towers to ensure effective reuse

(c) 500 KLD Sewage Treatment Plant (STP) to treat the sewage from the colony. This STP is built on the innovative “Root Zone Treatment technology”, which cleans discharged water and makes it safe to use once more for dust control and greenbelt development.

 Positive / Negative
9. Availability of fuels for power generation & process heating R Increase in the prices and shortage of availability of the Coal in the Market Finding of alternative which can be used and figure out other avenues for purchase of coal Negative
10. Social engagement & impact O Positive / Negative Cost of implementing CSR projects
11. Human rights and labour conditions R The Company ensures that every individual in the Company acts in accordance with applicable laws and supports the protection of human rights, abolition of child labour, avoidance of forced labour and any form of slavery. This is embedded in its various corporate policies like Environment, Health & Safety (EHS) Policy, Whistle– Blower policy, Protection of Women’s Rights at Workplace Policy and the Code of Conduct. Training on various issues related to human rights are covered under new employee induction, EHS training, POSH, code of conduct etc. Negative
12. Occupational health & safety R Training/ awareness/technological upgradation/ review at senior level and Board committee. SIL is committed to its Zero Harm to life. Negative
13. Diversity and Inclusion O Positive
14. Sustainable supply chain O/R Supplier / vendor Code of Conduct (COC) covers EHS and Human Rights parameters to be adhered and supply chain partners must sign the COC as a part of the contract documents. Positive / Negative