United Nations Sustainable Development Goals We are pleased to present the second integrated annual report of our Company. This report aims to provide a comprehensive overview of the performance of our Company in 2024-25. We are committed to continually enhancing the quality of the annual reports by including additional, relevant information to support the stakeholders in making well-informed decisions. Basis of reporting This report is prepared in accordance with: Companies Act, 2013 (and the Rules made thereunder) Indian Accounting Standards SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Secretarial Standards It is aligned with the internationally recognised frameworks, standards and goals: Integrated Reporting <IR> framework (a benchmark for best practices in corporate reporting) Sustainability Accounting Standards Board Sustainable Development Goals set by the United Nations Reporting scope This report covers the sustainability performance of our Company. For a better understanding, we have placed our products belonging to the two reporting segments, namely, Life Science Chemicals and Performance and Other Chemicals, under nine sub-segments (also referred to as businesses), namely Aromatics, Bulk Chemicals and Intermediates, Colors, Crop Protection – Bulk Actives, Crop Protection – Retail, Floras, Pharmaceuticals, Polymers – Performance Materials and Polymers – Retail. These are effectively managed through a matrix organisational structure, enabling the achievement of comprehensive functional excellence across all areas. Reporting boundary This report extends beyond financial reporting and includes non-financial performance, risks, opportunities and sustainability initiatives aligned with the environmental, social and governance criteria and outcomes attributable to or associated with the key stakeholders. The financial information presented in this report pertains to i) standalone operations of our Company encompassing its national and international businesses, unless specified otherwise and ii) consolidated operations, which in addition to the foregoing, will also include the operations of its subsidiary and joint venture entities. The non-financial information primarily focuses on its own operations (unless specifically mentioned otherwise in the relevant sections). Reporting period The reporting period for this report is from April 01, 2024 to March 31, 2025. Materiality determination This report provides balanced information about the relevant matters that substantively affect the ability of our Company to create value both positively and negatively. We have taken a holistic perspective by engaging with the stakeholders to identify material information or matters. Forward-looking statements In this report, we have shared information and made forward-looking statements to enable investors to know the product portfolio, business logic of our Company and thereby comprehend its prospects. These include all statements other than statements of historical facts, including those regarding the financial position, business strategy, management plans and objectives for future operations. Such statements that we make are based on our assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘intend’, ‘plan’, ‘project’ or words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised although we believe we have been prudent in our assumptions. The actual results may be affected because of uncertainties, risks and even inaccurate assumptions. If uncertainties or known or unknown risks materialise or if underlying assumptions prove inaccurate, actual results may vary materially from those anticipated, believed, estimated, intended, planned or projected. We undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Statutory Reports Financial Statements 1 Corporate overview Performance overview ESG overview
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