INDUSTOWER NSE filing

Indus Towers Limited Receives Improved ESG Ratings from Crisil, SES

The RealCase readLow impact Neutral

Indus Towers Limited received updated ESG ratings. Crisil rated the company 63 (Strong) for FY26, up from 57 (Adequate) in FY25. SES rated it 72.1 for FY26, a slight decrease from 72.3 in FY25, citing environmental and social parameter changes. Ratings were independently assigned.

Why it matters

The ESG ratings were independently assigned and do not appear to be a result of specific new company initiatives or policy changes that would significantly impact operations or financial performance in the short term. The changes are marginal.

The market read

The company received mixed ESG ratings, with one improving and another marginally declining. While the improvement from Crisil is positive, the slight decrease from SES tempers the overall sentiment. The ratings were unsolicited.

Indus Towers Limited has received updated Environmental, Social, and Governance (ESG) ratings from two independent agencies. Crisil ESG Ratings & Analytics Limited assigned a rating of 63 (Strong) for FY 2025-26, an improvement from 57 (Adequate) in FY 2024-25. This signifies a positive trend in the company's ESG performance.

In contrast, SES ESG Research Private Limited provided a rating of 72.1 for FY 2025-26, a slight decrease from 72.3 in the previous fiscal year. SES noted that this marginal decline was primarily due to changes in specific Environmental and Social parameters, particularly concerning renewable energy and safety practices.

It is important to note that Indus Towers Limited did not engage either SES or Crisil for these ratings. Both agencies independently assigned these ESG ratings based on the company's public disclosures, reflecting an unsolicited assessment of its sustainability and governance practices.

Primary source

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

View original filing
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