Apex Frozen Foods Releases Business Responsibility & Sustainability Report for FY 2024-25
The Business Responsibility & Sustainability Report (BRSR) is a significant annual regulatory filing providing transparency on environmental, social, and governance (ESG) aspects. While not directly financial, it informs stakeholders about the company's long-term sustainability efforts and ethical conduct, influencing investor perception and compliance standing, which are medium-term drivers for the company.
The report is a factual and descriptive disclosure of the company's business responsibility and sustainability practices, compliance, and operational statistics for FY 2024-25. It details existing policies and commitments without presenting new positive or negative financial or operational changes.
* Apex Frozen Foods Limited has released its Business Responsibility & Sustainability Report (BRSR) for the financial year April 01, 2024, to March 31, 2025. * The company's Corporate Identity Number (CIN) is L15490AP2012PLC080067, and it was incorporated on March 30, 2012. * For FY 2024-25, the company reported a Turnover of ₹ 81,355.24 Lakhs and a Net Worth of ₹ 49,448.14 Lakhs. * The primary business activity, accounting for 94% of the turnover, is the processing and sale of shrimp. * The company operates two processing plants, one pre-processing plant, and three hatcheries nationally. * Exports contributed 94% of the total turnover, with processed shrimp sold to the USA, European Union, and China. Shrimp seed is marketed to farmers in Andhra Pradesh, Odisha, and West Bengal. * As of FY 2024-25, the company had 499 employees (461 male, 38 female) and 2,848 workers (331 male, 2,517 female). * Women's representation includes 2 out of 6 (33.33%) on the Board of Directors and 2 out of 4 (50.00%) in Key Management Personnel. * Apex has installed 1.5 Megawatt solar power generation facilities across its three plants, aiming to significantly reduce overall energy consumption by leveraging renewable energy sources. * The company holds several certifications including SA 8000 (Social Accountability), ASC (Aquaculture Stewardship Council), BAP (Best Aquaculture Practices), and BRC (British Retail Consortium Global Food Standards). * Policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBCs) are in place, approved by the Board, and accessible through web links for various stakeholders. * The company incurred ₹ 4,23,25,000 on employee and worker well-being measures in FY 2024-25, representing 0.52% of total revenue. * Workplaces are accessible to differently-abled employees, and an equal opportunity policy is in place.
What to do with a filing like this
Apex Frozen Foods Limited filed this with the NSE as a statutory disclosure, categorised under regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Apex Frozen Foods Limited. Read the original for the full detail.