Integrated Annual Report 2024-2025

Governance Innovation and technology We believe in continuous improvement with a focus on innovation in everything we do. The R&D team is dedicated to developing new products and innovating processes, while the Technology team continuously enhances its methods and adopts advanced technologies to achieve the sustainability goals of our Company. Commissioned 14 new products Improved the yield of 29 products Debottlenecked one product SDGs impacted Transparent and ethical governance forms the foundation of the business strategy and shapes the organisational culture with strong corporate governance practices. It ensures that ESG commitments are integrated into the decision-making, fostering transparency, accountability and ethical leadership. By embedding governance at the core of ESG initiatives, we aim to enhance trust, strengthen resilience and contribute to sustainable growth. This section explores the governance structures, policies and frameworks that guide responsible business practices, mitigate risks and drive long-term value creation. SDGs impacted Process and chemical safety We prioritise process and chemical safety right from the product development stage. This begins with the careful selection of synthesis route, minimisation of toxic and hazardous solvents and reagents, reduction of hazardous waste generation and the use of process intensification tools to miniaturise equipment sizes for safer operation. The state-of-the-art process safety laboratory is fully equipped to study all aspects of process safety, supporting key objectives such as process intensification, emission and effluent reduction and plant footprint minimisation. Every process is thoroughly evaluated by the process safety team before being scaled-up. SDGs impacted Product stewardship We are committed to incorporating product stewardship into every aspect of the product development process. This involves: product identification, laboratory development, validation, scaling up at pilot and plant levels and ultimately, commercialisation. The primary focus is on developing products and processes with minimal environmental and social impact. Developed six products | formulations which have zero waste generation Performed product carbon footprint evaluations for 12 products. The membership of responsible care further reinforces the commitment to delivering sustainable products to the customers. SDGs impacted SDGs impacted Quality assurance We aim to create paperless laboratories by implementing various digital solutions, including in-process sample applications, digital document management system and quality management system modules. Techniques like spectroscopy and chromatography deliver consistent results with minimal sample preparation and processing. Additionally, the shift towards reduced testing aims to eliminate redundant checks without compromising product quality. By identifying critical control points and focusing testing efforts accordingly, we aim to deliver consistent quality as well as conserve resources such as energy, materials and time. process engineering laboratory 42 Integrated Annual Report 2024-25

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