GRM Overseas Limited Submits BRSR Report for FY 2025-26

GRM Overseas Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This report forms an integral part of the company's Annual Report for the same financial year.

The BRSR outlines GRM Overseas' commitment to Environmental, Social, and Governance (ESG) standards and sustainability. The report details the company's corporate identity, registered and corporate office addresses, contact information, and specifies that the reporting boundary is on a standalone basis for GRM Overseas Limited. It also provides information on the company's business activities, with manufacturing of food, beverages, and tobacco products accounting for 100% of its turnover, and rice milling contributing 95.11% of the total turnover. The company operates across 7 locations nationally and 2 internationally, serving 20 states domestically and 52 countries internationally, with exports constituting 72.91% of its total turnover.

The report also includes comprehensive data on employees and workers, detailing gender distribution and turnover rates. It highlights participation of women on the Board of Directors (25%) and in Key Management Personnel (0%). The company's CSR applicability is confirmed, with a turnover of ₹1,16,585.42 Lakhs and a net worth of ₹54,512.75 Lakhs. Grievance redressal mechanisms are in place for various stakeholder groups, including communities, investors, shareholders, employees, workers, and customers, with a focus on timely resolution. The company also outlines material responsible business conduct issues, including climate change resilience, product quality and food safety, increasing demand for basmati rice and packed food products, sustainable agricultural supply chains, employee health and safety, human rights, innovation, technology, operational efficiency, cybersecurity, data privacy, customer centricity, corporate governance, water management, and packaging/waste management.

Furthermore, the BRSR details the company's policies, certifications (including ISO 22000:2018, BRC Global Standard for Food Safety, ISO 14001:2015, and ISO 50001:2018), and performance against commitments. It confirms the absence of significant fines or penalties during FY 2025-26 and FY 2024-25. The report also covers details on accounts payable days, concentration of purchases and sales, and disclosures related to related party transactions. In terms of Principle 2, GRM Overseas Limited invested in D-Stoner, Sizer, Separator Assembly Line, and Solar Panels for its Capex in FY 2025-26, aiming to improve product quality, food safety, and operational efficiency. The company is progressively strengthening sustainable sourcing practices, though a quantified percentage of sustainably sourced inputs is not yet maintained. Processes for managing plastic, e-waste, and hazardous waste are described, and Extended Producer Responsibility (EPR) plans are aligned with regulatory submissions. The report also details measures for employee and worker well-being, including health and accident insurance, with spending on well-being measures at 0.026% of total revenue in FY 2025-26.