DALBHARAT NSE filing

Dalmia Bharat Limited ESG Rating Reaffirmed at 80, Exceptional by ICRA

The RealCase readMedium impact Positive

Dalmia Bharat Limited's ESG rating has been reaffirmed at 80 ('Exceptional') by ICRA. The combined rating includes an Impact Rating of 74 ('Good') and a Transition Rating of 85 ('Accelerating'). The company's scores for Environment, Social, and Governance have been maintained or improved.

Why it matters

An improved ESG rating can enhance investor confidence and potentially attract socially responsible investment, which can have a medium-term impact on the company's valuation and access to capital. However, it is a reaffirmation and not a significant upgrade, hence the medium impact.

The market read

The reaffirmation of an 'Exceptional' ESG rating by a reputable agency like ICRA is a positive development for the company, reflecting strong performance in environmental, social, and governance factors.

Dalmia Bharat Limited has announced the reaffirmation of its ESG rating by ICRA ESG Ratings Limited. The company received communication on July 16, 2026, at 03:26 P.M., confirming its [ICRA ESG] Combined Rating of 80, categorized as 'Exceptional'.

This rating is a composite of an [ICRA ESG] Impact Rating of 74 ('Good') and an [ICRA ESG] Transition Rating of 85 ('Accelerating'). The detailed breakdown shows scores of 83 for Environment, 78 for Social, and 80 for Governance under the combined rating. For the Impact Rating, scores are 74 for Environment, 78 for Social, and 83 for Governance, all falling under the 'Good' or 'Strong' categories. The Transition Rating also maintained an 'Accelerating' status with scores of 90 for Environment, 71 for Social, and 90 for Governance.

ICRA ESG Ratings Limited, a SEBI registered Category-I ESG Rating Provider, conducts an annual review of the company's ESG profile, with the next surveillance due within one year from the communication date. The rating is an opinion and not a recommendation for investment.

Filing to action

What to do with a filing like this

Dalmia Bharat Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. 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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Primary source

A plain-language summary of a public exchange filing by Dalmia Bharat Limited. Read the original for the full detail.

View original filing