Message from
Our
Leadership
Sukuru Ramarao,
CEO – Sanghi Industries
289
Employees
20790
peoples benefitted through Community Health Initiatives
| 1 | Corporate Identity Number (CIN) of the Listed Entity | L18209GJ1985PLC157787 |
|---|---|---|
| 2 | Name of the Listed Entity | Sanghi Industries Limited |
| 3 | Year of incorporation | 1985 |
| 4 | Registered office address | Adani Corporate House, Shantigram, Near Vaishnodevi Circle, S.G. Highway, Khodiyar, Daskroi, Ahmedabad- 382421, Gujarat, India |
| 5 | Corporate address | Adani Corporate House, Shantigram, Near Vaishnodevi Circle, S.G. Highway, Khodiyar, Daskroi, Ahmedabad- 382421, Gujarat, India |
| 6 | companysecretary.sil@adani.com | |
| 7 | Telephone | 079-2656 5555 |
| 8 | Website | http://www.sanghicement.com/ |
| 9 | Financial year for which reporting is being done | Apr 2024 to Mar 2025 |
| 10 | Name of the Stock Exchange(s) where shares are listed | BSE,NSE |
| 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: Address: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Ahmedabad – 382421 Contact: +91 9825386934 Email: 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). | The disclosures under this report is made on standalone basis. |
| 14 | Name of assurance provider | TUV India Pvt. Ltd. |
| 15 | Type of assurance obtained | Limited Assurance as per International Standard Assurance Engagement(ISAE) 3000 (revised) and ISAE (3410) |
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, Clinker | 23941 | 100% |
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) | 5 |
| International (No. of Countries) | 0 |
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
Individual Home Builders, Developers, Infrastructure projects,
Masons and Contractors, and Professionals, etc.
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) | 249 | 245 | 98.39% | 4 | 1.61% |
| 2. | Other than Permanent (E) | 0 | 0 | 0.00% | 0 | 0.00% |
| 3. | Total employees (D + E) | 249 | 245 | 98.39% | 4 | 1.61% |
| Workers | ||||||
| 4. | Permanent (F) | 7 | 7 | 100.00% | 0 | 0.00% |
| 5. | Other than Permanent (G) | 0 | 0 | 0.00% | 0 | 0.00% |
| 6. | Total workers (F + G) | 7 | 7 | 100.00% | 0 | 0.00% |
b. Differently abled Employees and workers:
| S. No. | Particulars | Total(A) | Male | Female | ||
|---|---|---|---|---|---|---|
| No. (B) | % (B / A) | No. (C) | % (C / A) | |||
| Differently Abled Employees | ||||||
| 1. | Permanent (D) | 2 | 2 | 100.00% | 0 | 0.00% |
| 2. | Other than Permanent (E) | 0 | 0 | 0.00% | 0 | 0.00% |
|
3.
|
Total differently abled employees (D + E)
|
2
|
2
|
100.00%
|
0
|
0.00%
|
| Differently abled Workers | ||||||
| 4. | Permanent (F) | 0 | 0 | 0.00% | 0 | 0.00% |
| 5. | Other than Permanent (G) | 0 | 0 | 0.00% | 0 | 0.00% |
|
6.
|
Total differently abled workers (F + G)
|
0
|
0
|
0.00%
|
0
|
0.00%
|
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 | 3 | 0 | 0.00% |
22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)
|
FY2024-25 (Turnover rate in Current Financial Year) |
FY2023-24 (Turnover rate in Previous Financial Year) |
FY2022-23 (Turnover rate in the year pior to the Previous Financial Year) |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Male | Female | Total | Male | Female | Total | Male | Female | Total | |
| Permanent Employees | 23.91% | 20.00% | 23.97% | 54.73% | 94.79% | 55.56% | 53.20% | 1.07% | 54.27% |
| Permanent workers | 98.32% | 0.00% | 98.32% | 30.88% | 100.00% | 31.81% | 24.60% | 1.20% | 25.80% |
23. (a) Names of holding / subsidiary / associate companies / joint ventures
| Sr. No. | NName 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 | 58.08% | Yes |
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) : Yes
(ii) Turnover (in ` Crores) : 962.6
(iii) Net worth (in ` Crores) : 612.41
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) |
FY2024-25 (Current Financial Year) |
FY2023-24 (Previous Financial Year) |
||||
|---|---|---|---|---|---|---|---|
| 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 |
Yes https://www.sanghicement.com/contacts/ |
0 | 0 | NA | 0 | 0 | NA |
| Investors (other than shareholders) |
Yes companysecretary.sil@adani.com |
0 | 0 | NA | 0 | 0 | NA |
| Shareholders |
Yes companysecretary.sil@adani.com |
24 | 2 | NA | 19 | 1 | NA |
| Employees and workers |
Yes https://www. sanghicement.com/contacts |
0 | 0 | NA | 0 | 0 | NA |
| Customers |
Yes https://www.sanghicement.com/contacts |
0 | 0 | NA | 0 | 0 | NA |
| Value chain partners |
Yes https://www.sanghicement.com/contacts |
0 | 0 | NA | 0 | 0 | NA |
| Other (please specify) | 0 | 0 | NA | 0 | 0 | NA | |
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
| S. 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. | Climate and Energy | Risk and Opportunity |
Risk – Climate change poses
multiple physical risks like flooding, temperature
rise, water stress etc. Emerging and potential
regulations may introduce or escalate regulatory
risks. These extreme weather events can cause
infrastructure damage, may hinder the supply chain
network affecting timely delivery of raw materials
and finished products. It may also cause power
outages and affect the manufacturing processes.
Opportunity – Energy cost is a major cost in cement manufacturing. We continuously strive to reduce our specific thermal energy consumption and specific electrical energy consumption to optimize our energy costs. In addition, it is directly related to carbon emissions and by optimising energy consumption, we can lower our carbon emissions. |
The Company has approximately 35% of products in its
portfolio which are blended products with lower
carbon footprint. Further, we are investing more and more in renewal energy and green energy from WHRS. In addition, we have set ambitious targets for Thermal Substitution Rates (TSR) by using alternate fuels. |
Negative/ Positive |
| 2. | Air quality | Risk | Exposure to dust, SOx, NOx and other pollutants from cement plants can lead to respiratory issues among employees and nearby communities. This may lead to increased costs associated with healthcare for affected employees, and insurance premiums. The company may also face opposition, protests and even legal restrictions on its operations. | We focus on improving air quality in the plant & surrounding area. We monitor the plants’ stack emissions through the Continuous Emission Monitoring System. We work on upgradation of electrostatic precipitators and replacement of damaged bags to control dust emissions. We take primary and secondary measures to control NOx emissions. | Negative |
| 3. | Circular Economy | Opportunity | Circular economy offers great opportunity to lower the use of natural resources and fossil fuels in cement production and reduces carbon emissions. | - | Positive |
| 4. | Water management | Risk and Opportunity |
Risk – Water being a shared
resource, it is essential for business to use it in
a responsible way. These risks comprise conflicts
with local communities and stakeholders over water
rights and usage, potential water scarcity or
quality issues due to over-extraction or pollution,
and regulatory constraints on water abstraction
permits or discharge standards.
Opportunity – By demonstrating commitment to conserving water resources, we can build stronger relationships with local communities and government. This will help us in securing and maintaining social license to operate, especially in water-stressed regions. |
The company has long been dedicated to mitigating water scarcity through various initiatives, including rainwater harvesting, restoring village ponds, constructing check dams, conserving water at closed mines, and recharging groundwater. The company withdraws only harvested water for its usage and uses desalinated water solely for cooling purposes. Water used in the plant for industrial cooling is recycled through cooling towers to ensure effective reuse. | Negative/ Positive |
| 5. | Biodiversity | Risk and Opportunity |
Risk Land disturbance and habitat
fragmentation from operational activities can lead
to biodiversity degradation. Opportunity – Restored ecosystems can provide long-term environmental benefits, including enhanced ecosystem services such as water filtration, carbon sequestration, and soil preservation. These benefits not only contribute to global environmental goals but also can have positive economic implications for the company and local communities in the long run. |
We adhere to Indian national regulations and assess the impacts on biodiversity and ecosystem services through set KPIs. This helps in conservation of ecosystem. | Negative/Positive |
| 6. | Sustainable Construction | Opportunity | Intervention of sustainable practices and technologies such as substitute cementitious materials, CO2capture in the built environment, and efficient concrete use help drive down carbon emissions from cement production and hence help to reduce the carbon footprint. | - | Positive |
| 7. | Human Capital Development | Opportunity | Through continuous learning and development and strengthened employee relations, we can mitigate succession planning risks, address skills gaps and ensure continuity of leadership and expertise. It will also help in being competitive in the marketplace and stay ahead of trends. Human Capital development will also contribute to an overall learning culture in the organisation. | - | Positive |
| 8. | Diversity and Inclusion | Opportunity | Employee diversity leads to increased creativity and innovation, improved communication and teamwork, and a greater understanding and appreciation of different cultures. Additionally, a diverse workforce can help to attract and retain top talent and can provide a competitive advantage for organisations. | - | Positive |
| 9. | Human Rights | Risk and Opportunity |
Risk – Concerns related to
child/forced labour, discrimination or any other
human rights-related aspects within the workforce
and value chain may lead to statutory violations
which may negatively impact the brand image. Opportunity – Alignment with the human rights principles and procedures safeguard the employees and value chain partners and ensure zero incidents of non compliance with regards to International and National Human Rights Standards and Regulations |
We are committed to respecting and promoting human rights across the value chain by inculcating a human rights policy. The policy is in line with The Universal Declaration of Human Rights, Social Accountability 8000 (SA8000) Standard and International Treaties & Conventions related to Human Rights. | Negative/Positive |
| 10. | Occupational Health and Safety | Risk and Opportunity |
Risk – Failure to protect workers
from occupational hazards can result in legal
action, fines, and compensation claims against the
company. These risks can lead to significant
financial liabilities and damage the company's
reputation. Also, potential employees may hesitate
from joining the company, and current employees may
leave if they perceive their health and safety are
not adequately protected, leading to challenges in
attracting and retaining a skilled
workforce. Opportunity – By prioritising the well being of all employees and workers, the company can enhance its employer brand, making it a more attractive place to work. Employees are more likely to join and stay with a company that prioritises their well-being, leading to lower turnover rates and higher employee satisfaction. |
We have developed safety initiatives including competency development, training, audits, inspections, surveys, We Care initiatives, Critical Control Management to prevent unwanted events, and especial cross-functional teams to drive process safety. Also, we conduct safety audits across our manufacturing sites to ensure that the actions are timely closed and implemented | Negative/Positive |
| 11. | Community Relation | Opportunity | Uplifting livelihood opportunities improves community relations which is essential for the social license to operate. Also, a healthy community will ensure availability of strong local labour force, if required at any given point of time. | - | Positive |
| 12. | Customer Relationship Management | Opportunity | CRM empowers to build a positive customer experience based on relevant, real-time information and customer needs that matters to the business. It would enable data driven decision making, improved customer experience and hence drive growth in business by increasing loyalty and enhancing relations. | - | Positive |
| 13. | Corporate Governance and business ethics | Opportunity | Effective governance mechanism in the organisation gives an opportunity of building greater trust among the stakeholders and creates long-term value for them. | - | Positive |
| 14. | Risk Management | Opportunity | Enhanced Risk awareness and in-place emergency preparedness plans help to better foresee risks that may emerge due to climate change, regulations, and geopolitical developments. This helps to stay one step ahead and ensure business continuity and regulatory resilience. | - | Positive |
| 15. | Sustainable Supply Chain | Risk & Opportunity |
Risk – Improper usage of resources,
human rights violations, non-compliance with
Supplier Code of Conduct, zero adoption of
sustainable practices by suppliers can adversely
impact the environment, social wellbeing, value
chain and brand image. Additionally, it might also
lead to cases of regulatory non-compliances and
fines. Opportunity – The company can leverage suppliers near operations to reduce costs, for greater control, quicker response and helps in cutting down significant emissions related to transportation. |
Supply chain and sourcing process has a direct impact on the environment and communities such as emissions, circular economy, water usage, biodiversity, material usage and human rights. We have taken measures to ensure an optimum supply chain with competent suppliers. | Negative/Positive |
| 16. | Information technology and data privacy | Risk & Opportunity |
Risk – Instances of information
security breaches could lead to loss of sensitive
data of customers including personal information. It
could also lead to increased media scrutiny
resulting in a loss of stakeholder trust, company
reputation and regulatory fines or
penalties Opportunity – In the ever-evolving landscape of digitalization and innovation, monitoring and analysis of data in real time would lead to quicker identification and resolution of issues. As a result, this will ensure management of systems and processes more effectively. |
With increased digitization, and heavy dependence on technology systems, it has become critical for us to ensure implementation of SOPs and policies, conduction periodic internal and external (third-party) audits and tests to check the resilience of the IT infrastructure from hackers, cyber attacks, malware etc. | Positive and Negative |