September 07, 2024

Scrip Code- 534597 RTNINDIA

BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal
Street, Bandra (East),
Mumbai – 400 001 Mumbai-400 051

Sub: Business Responsibility and Sustainability Report for the Financial Year 2023-24

Dear Sir/Madam,

Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements)
Regulations 2015, please find enclosed herewith the Business Responsibility and Sustainability
Report (“BRSR”) for the financial year 2023-24 which forms a part of the Annual Report for the
financial year 2023-24.

We request you to take the above on record.

Thanking you,

Yours faithfully,
For RattanIndia Enterprises Limited
Digitally signed by
Rajesh Rajesh Kumar Arora
Kumar Arora Date: 2024.09.07
18:01:28 +05'30'

Rajesh Arora
Company Secretary

Encl- a/a

RattanIndia Enterprises Limited

CIN: L74110DL2010PLC210263
Registered Office: 5th Floor, Tower-B, Worldmark 1, Aerocity, New Delhi -110037
Website: www.rattanindia.com, E-mail: [email protected], Phone: 011 46611666
 Annexure - C

Business Responsibility &

Sustainability Reporting (BRSR)
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1 Corporate Identity Number (CIN) of the Listed Entity L74110DL2010PLC210263
2 Name of the Listed Entity RattanIndia Enterprises Limited
3 Year of incorporation 2010
4 Registered office address 5th Floor, Tower-B, Worldmark 1, Aerocity, New Delhi-110037
5 Corporate address 5th Floor, Tower-B, Worldmark 1, Aerocity, New Delhi-110037
6 E-mail [email protected]
7 Telephone 011- 46611666
8 Website www.rattanindia.com
9 Financial year for which reporting is being done 1st April 2023 to 31st March 2024
10 Name of the Stock Exchange(s) where shares are listed BSE Limited (BSE) and
National Stock Exchange of India Limited (NSE)
11 Paid-up Capital H2,76,45,39,184 divided into 1,38,22,69,592 fully paid-up
equity shares of H2 each
12 Name and contact of the person who may be contacted in Mr. Rajesh Arora,
case of any queries on the BRSR report Company Secretary
011-46611666
[email protected]
13 Reporting boundary The disclosures under this report is on Standalone basis.
Are the disclosures under this report made on a standalone
basis (i.e. only for the entity) or on a consolidated basis
(i.e. for the entity and all the entities which form a part
of its consolidated financial statements, taken together)
14 Name of Assurance Provider NA
15 Type of Assurance Provider NA

II. Products and Services

16. Details of business activities (accounting for 90% of the turnover):
S. % of Turnover
Description of Main Activity Description of Business Activity
No. of the entity
1 Support services to organizations Other support services to organizations 100

17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
S. % of total Turnover
Product/Service NIC Code
No. contributed
1 Human resources provision and management of human 78300 100
resources functions

III. Operations
18. Number of locations where plants and/or operation/offices of the entity are situated:
Location Number of plants Number of offices Total
National - 1 1
International - - -

19. Markets served by the entity:

1. Number of locations
Locations Number
National (No. of States) Pan-India
International (No. of Countries) -

52 RattanIndia Enterprises Limited

 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

2. What is the contribution of exports as a percentage of the total turnover of the entity?
NIL
3. A brief on types of customers
The Company serves various customers including corporates, urban population, rural population
and Government.
IV. Employees
20. Details as at the end of Financial Year:
1. Employees and workers (including differently abled)
S. Male Female
Particulars Total (A)
No. No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1 Permanent (D) 39 37 94.87 2 5.12
2 Other than Permanent (E) 3 2 66.67 1 33.33
3 Total employees (D + E) 42 39 92.85 3 7.14
WORKERS
4 Permanent (F) 0 0 0 0 0
5 Other than Permanent (G) 0 0 0 0 0
6 Total workers (F + G) 0 0 0 0 0

2. Differently abled Employees and Workers

S. Male Female
Particulars Total (A)
No. No. (B) % (B / A) No. (C) % (C / A)
DIFFERENTLY ABLED EMPLOYEES
1 Permanent (D) 0 0 0 0 0
2 Other than Permanent (E) 0 0 0 0 0
3 Total differently abled employees (D + E) 0 0 0 0 0
DIFFERENTLY ABLED WORKERS
4 Permanent (F) 0 0 0 0 0
5 Other than Permanent (G) 0 0 0 0 0
6 Total differently abled workers (F + G) 0 0 0 0 0

21. Participation/Inclusion/Representation of women:

No. and percentage of Females
Particulars Total (A)
No. (B) % (B / A)
Board of Directors 6 2 33.33
Key Management Personnel* 4 0 0
* Key Management Personnel includes the Chief Executive Officer, Whole Time Director, Chief Financial Officer and
Company Secretary.

22. Turnover rate for permanent employees and workers:

(Disclose trends for the past 3 years)
(in %)
FY 2021-22
FY 2023-24 FY 2022-23
(Turnover rate in then year
Particulars (Turnover rate in current FY) (Turnover rate in previous FY)
prior to the previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 7 5 40 12 3 93.75 6 0 66.67
Permanent Workers 0 0 0 0 0 0 0 0 0

Annual Report 2023-24 53

V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
% of Dos the entity indicated at
Name of the Holding/ Indicate whether Holding shares Column A, participate in
S.
Subsidiary/ Associate / Subsidiary/ Associate / held the Business Responsibility
No.
Companies/ Joint ventures (A) Joint Ventures by Listed initiatives of the Listed
Entity Entity? (Yes/ No)
1 Neotec Enterprises Limited Subsidiary 100 No
2 Cocoblu Retail Limited Subsidiary 100 No
3 RattanIndia Investment Manager Subsidiary 100 No
Private Limited
4 Neotec Insurance Broker Limited Subsidiary 100 No
5 Neobrands Limited Subsidiary 100 No
6 Revolt Intellicorp Private Limited Subsidiary 100 No
7 Revolt Coco Limited Step Down Subsidiary 100 No
8 Neosky India Limited Subsidiary 100 No
9 Throttle Aerospace Systems Private Step Down Subsidiary 60 No
Limited
10 Neorise Technologies- FZCO Foreign Subsidiary 100 No

VI. CSR Details

24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: No
(ii) Turnover (In D): 64.21 Million for FY 2023-24
(iii) Net worth (In D): 5713.14 Million as on 31 March 2024

VII. Transparency and Disclosures Compliances

25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on
Responsible Business Conduct:
FY 2023-24 FY 2022-23
Grievance Redressal Current Financial Year Previous Financial Year
Stakeholder
Mechanism in Place Number of Number of
group from
(Yes/No) (If Yes, Number of complaints Number of complaints
whom
then provide web- complaints pending complaints pending
complaint is
link for grievance filed during resolution Remarks filed during resolution Remarks
received
redress policy) the year at close of the year at close of
the year the year
Communities No 0 0 - 0 0 -
Investors No 0 0 - 0 0 -
(other than
shareholders)
Shareholders Yes (https:// 0 0 - 0 0 -
rattanindia.com/ril/
investor-contacts/)
Employees No 0 0 - 0 0 -
and workers
Customers No 0 0 - 0 0 -
Value Chain
Partners
Others No 0 0 - 0 0 -

54 RattanIndia Enterprises Limited

 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

26. Overview of the entity’s material responsible business conduct issues:

The material responsible business conduct and sustainability issues pertaining to environmental and social
matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to
adapt or mitigate the risk along-with its financial implications, as per the following format.
Indicate Financial implications of
Rationale for In case of risk,
S. Material issue whether risk the risk or opportunity
identifying the risk/ approach to adapt
No. identified or opportunity (Indicate positive or
opportunity or mitigate
(R/O) negative implications)
1 Business ethics and Risk Unethical behaviour Training and Negative - Non-compliance
culture may lead to non- mandatory affirmation with code of conduct may
compliances and to the code of result in penalties and loss of
adverse impact, business conduct and brand reputation.
financial or otherwise. ethics.

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES

This section is aimed at helping businesses demonstrate the structures, polices and processes put in place
towards adopting the NGRBC principles and Core elements.
Disclosure Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
Policy and management processes
1 a. Whether your entity’s policy / policies cover each principle and its core Y Y Y Y Y Y Y Y Y
elements of the NGRBCs. (Yes/No)
b. Has the policy been approved by the Board? (Yes/No) Y Y Y Y Y Y Y Y Y
c. Web Link of the Policies, if available www.rattanindia.com in relevant sections
2. Whether the entity has translated the policy into procedures. (Yes / No) Y Y Y Y Y Y Y Y Y
3. Do the enlisted policies extend to your value chain partners? (Yes/ No) Y Y Y Y Y Y Y Y Y
4. 
Name of the national and international codes/certifications/ labels/ All the policies are firmly rooted with the NGRBC
standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Principles which align with internationally recognized
Trustea) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity standards such as ISO 9000, 14000 and 45001,
and mapped to each principle. UNGC principles, ILO principles and United Nations
Sustainable Development Goals (SDGs)
5. Specific commitments, goals and targets set by the entity with defined Towards the effectuation of various programmes
timelines, if any. and initiatives in pursuit of the policy of promoting
equitable growth and Development, the Company
6. Performance of the entity against the specific commitments, goals and has also been coming to the aid of the local
targets along-with reasons in case the same are not met. population by providing assistance and succor in
various other forms such provision of medical aid,
contribution towards religious ceremonies of locals
etc.
Governance, leadership and oversight
7. Statement by director responsible for the business responsibility report, Please refer Chairman’s message forming part of
highlighting ESG related challenges, targets and achievements (listed entity Annual Report.
has flexibility regarding the placement of this disclosure):
8. 
Details of the highest authority responsible for implementation and Board of Directors is the highest authority
oversight of the Business Responsibility policy (ies). responsible for implementation and oversight of the
Business Responsibility policy (ies).
9. 
Does the entity have a specified Committee of the Board/ Director No. The Board is responsible for the decision making.
responsible for decision making on sustainability related issues? (Yes / No).
If yes, provide details.

Annual Report 2023-24 55

10. Details of Review of NGRBCs by the Company:
Indicate whether review was
Frequency (Annually (A)/ Half
undertaken by Director /
yearly (H)/ Quarterly (Q)/ Any
Subject for Review Committee of the Board/
other – please specify)
Any other Committee
P1 P2 P3 P4 P5 P6 P7 P8 P9 P1 P2 P3 P4 P5 P6 P7 P8 P9
Performance against above policies and follow up action Y Y Y Y Y Y Y Y Y Policies are reviewed yearly and at
such intervals as may be required.
Compliance with statutory requirements of relevance to Y Y Y Y Y Y Y Y Y Compliance checks are conducted
the principles, and, rectification of any non-compliances quarterly to ensure that the
Company is in compliance with all
the applicable laws and regulations.
11. Has the entity carried out independent assessment/ evaluation of the P1 P2 P3 P4 P5 P6 P7 P8 P9
working of its policies by an external agency? (Yes/No). If yes, provide Yes, the Company has robust
name of the agency. review mechanisms and internal
audit processes to monitor the
implementation of key policies. The
internal audits and assessments are
conducted by the independent firms
and major concerns are reported to
the Audit Committee.

12. If answer to question (1) above is “No” i.e. not all Principles are covered by a policy, reasons to be stated:
Not Applicable
Disclosure Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
The entity does not consider the Principles material to its business
(Yes/No)
The entity is not at a stage where it is in a position to formulate and
implement the policies on specified principles (Yes/No)
The entity does not have the financial or/human and technical resources
available for the task (Yes/No)
It is planned to be done in the next financial year (Yes/No)
Any other reason (please specify)

56 RattanIndia Enterprises Limited

 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

SECTION C: PRINCIPLE WISE PERFORMANCE DISCLOSURE

Principle 1: Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical,
Transparent and Accountable.
ESSENTIAL INDICATORS
1. Percentage coverage by training and awareness programmes on any of the Principles during the financial
year:
Percentage of persons
Total number of training Topics/principles covered
in respective category
Segment and awareness under the training and its
covered by the awareness
programmes held impact
programmes
Board of Directors (BOD) & Business & regulatory updates including development in the 100%
Key Managerial Personnel global environment, industry scenarios, key operational matters
(KMPs) and sustainability initiatives are placed and discussed at various
Meetings of Board of Directors.
Employees other than BOD 2 - Code of Business Conduct 80%
& KMPs - Anti-Sexual Harassment Policy
Workers N.A. N.A. N.A.

2. Details of fines / penalties /punishment/ award/ compounding fees/ settlement amount paid in proceedings
(by the entity or by directors / KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the
financial year, in the following format (Note: the entity shall make disclosures on the basis of materiality as
specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015 and as
disclosed on the entity’s website):
Monetary
Name of the regulatory/ Has an appeal
NGRBC Amount Brief of
Particulars enforcement agencies/ been preferred?
Principle (In D) the Case
judicial institutions (Yes/No)
Penalty/ Fine During FY 2023-24, there were no fines / penalties /punishment/ award/ compounding fees/
Settlement settlement as specified under Regulation 30 of SEBI (Lising Obligations & Disclosures Requirements)
Regulation, 2015..
Compounding fee

Non - Monetary
Has an appeal
NGRBC Name of the regulatory/ enforcement Brief of
Particulars been preferred?
Principle agencies/ judicial institutions the Case
(Yes/No)
Imprisonment
Not Applicable
Punishment

3. Of the instances disclosed in Question 2 above, details of the Appeal/ Revision preferred in cases where
monetary or non-monetary action has been appealed:
Not Applicable

4. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available,
provide a web-link to the policy:
The Company’s Code of Business Conduct contains stringent provisions to prevent corruption/ bribery and is
applicable to all the directors, employees and others associated with the business of the Company. The principles of
business conduct are strongly embedded into working environment of the Company.

Annual Report 2023-24 57

5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law
enforcement agency for the charges of bribery/ corruption:
FY 2023-24 FY 2022-23
Particulars
(Current Financial Year) (Previous Financial Year)
Directors
KMPs
Nil Nil
Employees
Workers

6. Details of complaints with regard to conflict of interest:

FY 2023-24 FY 2022-23
Particulars (Current Financial Year) (Previous Financial Year)
Number Remarks Number Remarks
Number of complaints received in relation to issues of Nil - Nil -
Conflict of Interest of the Directors
Number of complaints received in relation to issues of
Conflict of Interest of the KMPs

7. Provide details of any corrective action taken or underway on issues related to fines / penalties / action
taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of
interest:
Not Applicable.

Principle 2: Businesses should provide goods and services in a manner that is sustainable and safe

ESSENTIAL INDICATORS
1. Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the
environmental and social impacts of product and processes to total R&D and capex investments made by
the entity, respectively:
Current Previous Details of improvements in
Percentage of
Financial Year Financial Year environmental and social impacts
R&D Nil Nil -
Capex Nil Nil -

2. a. Does the entity have procedures in place for sustainable sourcing? (Yes/No):
No

b. If yes, what percentage of inputs were sourced sustainably?

Not Applicable

3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the
end of life, for (a) Plastics (including packaging) (b) E-waste (c) Hazardous waste and (d) other waste:
Not Applicable

4. Whether Extended Producer Responsibility (EPR) is applicable to the entity’s activities (Yes / No). If yes,
whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted
to Pollution Control Boards? If not, provide steps taken to address the same:
Not Applicable

58 RattanIndia Enterprises Limited

 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

Principle 3: Businesses should respect and promote the well-being of all employees, including those in their
value chains
ESSENTIAL INDICATORS
1. a. Details of measures for the well-being of employees:
% of employees covered by
Health Accident Maternity Paternity Day Care
Category Total insurance insurance benefits Benefits facilities
(A) Number % Number % Number % Number % Number %
(B) (B/A) (C) (C/A) (D) (D/A) (E) (E/A) (F) (F/A)
Permanent employees
Male 37 37 100 37 100 N.A. 0 0 0 0 0
Female 2 2 100 2 100 2 100 N.A. 0 0 0
Total 39 39 100 39 100 2 100 0 0 0 0
Other than Permanent employees
Male 0 0 0 0 0 N.A. 0 0 0 0 0
Female 0 0 0 0 0 0 0 N.A. 0 0 0
Total 0 0 0 0 0 0 0 0 0 0 0

b. Details of measures for the well-being of workers:

% of workers covered by
Health Accident Maternity Paternity Day Care
Category Total insurance insurance benefits Benefits facilities
(A) Number % Number % Number % Number % Number %
(B) (B/A) (C) (C/A) (D) (D/A) (E) (E/A) (F) (F/A)
Permanent workers
Male 0 0 0 0 0 N.A. 0 0 0 0 0
Female 0 0 0 0 0 0 0 N.A. 0 0 0
Total 0 0 0 0 0 0 0 0 0 0 0
Other than Permanent workers
Male 0 0 0 0 0 N.A. 0 0 0 0 0
Female 0 0 0 0 0 0 0 N.A. 0 0 0
Total 0 0 0 0 0 0 0 0 0 0 0

2. Details of retirement benefits, for Current FY and Previous Financial Year.

FY 2023-24 FY 2022-23
No. of No. of Deducted and No. of No. of Deducted and
Benefits employees workers deposited employees workers deposited
covered as covered as with the covered as covered as with the
a % of total a % of total authority a % of total a % of total authority
employees workers (Y/N/N.A.) Employees workers (Y/N/N.A.)
PF 26 66.67 Y 74 0 Y
Gratuity 39 100 Y 100 100 N.A.
ESI 0 0 Y 0 0 N.A.
Others – please specify N.A. N.A. N.A. N.A. N.A. N.A.

Annual Report 2023-24 59

3. Accessibility of workplaces:
Are the premises / offices of the entity accessible to differently abled employees and workers, as per the
requirements of the Rights of Persons with Disabilities Act, 2016? If not, whether any steps are being taken
by the entity in this regard.
Yes, The Company’s premises/offices are accessible to Persons with Disabilities (PwDs), as per the requirements
of the Rights of Persons with Disabilities Act, 2016. The Company provides Wheelchair and Evacuation chair at its
premises/ offices.

4. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? If
so, provide a web-link to the policy:
The Company is an equal opportunity employer, and it hires employees on the basis of merit and does not discriminate
on the basis of race, sexual orientation, colour, religion, physical disability etc.

5. Return to work and Retention rates of permanent employees and workers that took parental leave:
Permanent employees Permanent workers
Gender
Return to work rate Retention rate Return to work rate Retention rate
Male N.A. N.A. N.A. N.A.
Female N.A. N.A. N.A. N.A.
Total N.A. N.A. N.A. N.A.

6. Is there a mechanism available to receive and redress grievances for the following categories of employees
and workers? If yes, give details of the mechanism in brief:
Category Yes/No (If Yes, then give details of the mechanism in brief)
Permanent Workers N.A. -
Other than Permanent Workers N.A. -
Permanent Employees Yes The Company has a policy on Whistle-blower mechanism and
Other than Permanent Prevention of Sexual Harassment at Workplace (POSH) to provide a work
Employees environment that ensures every person at the workplace is treated with
respect and dignity and is afforded equal treatment. Issues relating to
sexual harassment are dealt with as per the Company’s POSH Policy, the
Company’s POSH Policy is gender neutral.

7. Membership of employees and workers in association(s) or Unions recognised by the listed entity:
FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
No. of employees/ No. of employees/
Total Total
Benefits workers in workers in
employees/ employees/
respective category, % respective category, %
workers in workers in
who are part of (B/A) who are part of (D/C)
respective respective
association(s) or association(s) or
category (A) category (C)
Union (B) Union (D)
Total Permanent Employees
- Male NA NA NA NA
- Female NA NA NA NA
Total Permanent Workers
- Male NA NA NA NA
- Female NA NA NA NA

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 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

8. Details of training given to employees and workers:

FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
Category On Health and On Skill On Health and On Skill
Total safety measures upgradation Total safety measures upgradation
(A) (D)
No. (B) % (B/A) No. (C) % (C/A) No. (E) % (E/D) No. (F) % (F/D)
Employees
Male 39 32 82.05 37 94.80 15 14 93.33 13 86.66
Female 3 3 100 3 100 2 2 100 2 100
Total 42 35 83.33 40 95.23 17 16 94.12 15 88.24
Workers
Male NA NA NA NA NA NA NA NA NA NA
Female NA NA NA NA NA NA NA NA NA NA
Total NA NA NA NA NA NA NA NA NA NA

9. Details of performance and career development reviews of employees and worker:

FY 2023-24 FY 2022-23
Benefits Current Financial Year Previous Financial Year
Total (A) No. (B) % (B/A) Total (C) No. (D) % (D/C)
Employees
Male 39 39 100 15 15 100
Female 3 3 100 2 2 100
Total 42 42 100 17 17 100
Workers
Male N.A. N.A. N.A. N.A. N.A. N.A.
Female N.A. N.A. N.A. N.A. N.A. N.A.
Total N.A. N.A. N.A. N.A. N.A. N.A.

10. Health and safety management system:

a. Whether an occupational health and safety management system has been implemented by the entity?
(Yes/ No). If yes, the coverage such system?
N.A.

b. What are the processes used to identify work-related hazards and assess risks on a routine and non-
routine basis by the entity?
N.A.

c. Whether you have processes for workers to report the work related hazards and to remove themselves
from such risks.
N.A.

d. Do the employees/ workers of the entity have access to non-occupational medical and healthcare
services? (Yes/ No)
N.A.

Annual Report 2023-24 61

11. Details of safety related incidents, in the following format:
FY 2023-24 FY 2022-23
Safety Incident/Number Category
Current Financial Year Previous Financial Year
Lost Time Injury Frequency Rate (LTIFR) (Per one Employees N.A. N.A.
million-person hours worked) Workers N.A. N.A.
Total recordable work-related injuries Employees N.A. N.A.
Workers N.A. N.A.
No. of fatalities Employees N.A. N.A.
Workers N.A. N.A.
High consequence work-related injury or ill- Employees N.A. N.A.
health (excluding fatalities) Workers N.A. N.A.

12. Describe the measures taken by the entity to ensure a safe and healthy workplace:
The Company has taken the following initiatives to ensure a safe and healthy workplace:
1. Fire Safety Mockdrills
2. Environmental Monitoring, Monitoring, Monitoring and Measurement of workplace for Noise, Heat, Ventilation,
Air and Water Sampling as per scheduled program.
3. Compliance Management System
4. Management reviews with Senior Management

13. Number of complaints on the following made by employees and workers:

FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year

Category Pending Pending

Filed during resolution Filed during resolution
Remarks Remarks
the year at the end of the year at the end of
year year
Working Conditions - - N.A. - - N.A.
Health & Safety - - N.A. - - N.A.

14. Assessments of the year:

% of your plants and offices that were assessed
Particulars
(by entity or statutory authorities or third parties)
Working Conditions 100%
Health & Safety 100%

15. Provide details of any corrective action taken or underway to address safety-related incidents (if any) and
on significant risks / concerns arising from assessments of health & safety practices and working conditions:
All activities and operations performed in the office are reviewed periodically and if there is any near miss and/or
injury incident then adequate control measures are implemented for performing the respective activities.
Principle 4: Businesses should respect the interests of and be responsive to all its stakeholders
ESSENTIAL INDICATORS
1. Describe the processes for identifying key stakeholder groups of the entity:
Key stakeholders, both internal and external, are identified based on
a. the impact that they have on the value Company creates and
b. the impact of the Company’s business operations on the stakeholders.
These include employees, shareholders, consumers, investors, communities, suppliers, and vendors. Various
communication channels have been established to allow open discussions and understanding of the issues that are
critical to their respective interests. This enables a Company to create shared value and make a positive contribution
to build a sustainable society.

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 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

2. List of stakeholder groups identified as key for your entity and the frequency of engagement with each
stakeholder group:
Whether Channels of communication
Frequency of
identified as (Email, SMS, Newspaper,
engagement Purpose and scope of engagement
Stakeholder Vulnerable & Pamphlets, Advertisement,
(Annually/ Half yearly/ including key topics and concerns
Group Marginalized Community Meetings,
Quarterly/ others – raised during such engagement
Group (Yes/ Notice Board, Website),
please specify)
No) Other
Employees No Trainings, awareness sessions Regularly The purpose is to have an inclusive and
on physical, mental, financial overall development of employees,
and social well- being, obtaining valuable feedback and
townhalls and development sharing the strategy & vision of the
conversations Company with the employees.
Suppliers No Supplier meets, reviews and Regularly The scope includes capacity and
audits. capability building, competitive
pricing, value chain efficiencies,
sustainability and adherence to
Company’s standards and policies.
Investors / No Annual report, press releases, Regularly Communications made to the
Shareholders stock exchange communications, investors of the Company majorly
investors’ presentations, investors’ includes updates on the financial
meet, newspaper publications, performance, business growth, future
general meetings and website plans, key organizational changes and
disclosures. investor service related information.

Principle 5: Businesses should respect and promote human rights

ESSENTIAL INDICATORS

1. Employees and workers who have been provided training on human rights issues and policy(ies) of the
entity, in the following format:
FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
Category No. of employees/ No. of employees/
Total % Total %
workers covered workers covered
(A) (B/A) (C) (D/C)
(B) (D)
Employees
Permanent 39 32 82.05 15 14 93.33
Other than permanent 3 3 100 2 2 100
Total employees 42 35 83.33 17 16 94.12
Workers
Permanent 0 0 0 0 0 0
Other than permanent 0 0 0 0 0 0
Total workers 0 0 0 0 0 0

Annual Report 2023-24 63

2. Details of minimum wages paid to employees and workers, in the following format:
FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
Category Equal to More than Equal to More than
Total Minimum Wage Minimum Wage Total Minimum Wage Minimum Wage
(A) (D)
No. (B) % (B/A) No. (C) % (C/A) No. (E) % (E/D) No. (F) % (F/D)
Employees
Permanent 39 0 0 39 100 18 0 0 18 100
Male 37 0 0 37 100 16 0 0 16 100
Female 2 0 0 2 100 2 0 0 2 100
Other permanent 0 0 0 0 0 0 0 0 0 0
Male 0 0 0 0 0 0 0 0 0 0
Female 0 0 0 0 0 0 0 0 0 0
Total 39 0 0 39 100 18 0 0 18 100
Workers
Permanent 0 0 0 0 0 0 0 0 0 0
Male 0 0 0 0 0 0 0 0 0 0
Female 0 0 0 0 0 0 0 0 0 0
Other permanent 0 0 0 0 0 1 1 100 0 0
Male 0 0 0 0 0 1 1 100 0 0
Female 0 0 0 0 0 0 0 0 0 0
Total 0 0 0 0 0 1 1 100 0 0

3. Details of remuneration/salary/wages, in the following format:

Male Female

Category Median remuneration/ Median remuneration/

Number salary/ wages of Number salary/ wages of
respective category respective category
Board of Directors (BoD) - - - -
Key Managerial Personnel (KMP) 2 38,75,000 - -
Employees other than BOD and KMP 35 8,58,972 2 3,11,569
Workers - - - -

4. Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or
issues caused or contributed to by the business? (Yes/No)
Yes. The Company has a Human Rights Policy in place to address issues related to human rights. The policy extends
to all internal and external stakeholders which includes employees, vendors, contractors and business partners.
Various management committees and committees of the Board reviews and addresses human rights issues.

5. Describe the internal mechanisms in place to redress grievances related to human rights issues:
Respecting and upholding human rights and values is deeply integrated into the Company’s culture, ways of working
and value system over the years. The human rights concerns/grievances can be reported to the Direct Manager,
or the Compliance Officer. Further, the Company’s policies provide for various mechanisms to effectively redress
grievances relating to human rights. Under these policies, the Company has established web portal, e-mail IDs and
contact details for handling the complaints.

The Company has policy on Prevention of Sexual Harassment at Workplace (“POSH”) and Code of Conduct which
include stringent SOPs for human rights grievance redressal with respect to sexual harassment and ethical practices.

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 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

6. Number of Complaints on the following made by employees and workers:

FY 2023-24 FY 2022-23
Current Financial Year Previous Financial Year
Category Pending Pending
Filed during Filed during
resolution at Remarks resolution at Remarks
the year the year
the end of year the end of year
Sexual Harassment 0 0 - 0 0 -
Discrimination at workplace 0 0 - 0 0 -
Child Labour 0 0 - 0 0 -
Forced Labour/Involuntary Labour 0 0 - 0 0 -
Wages 0 0 - 0 0 -
Other human rights related issues 0 0 - 0 0 -

7. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases:
The Company believes in providing equal opportunity and has zero tolerance towards any kind of discrimination on
the basis of age, gender, religion or other factors. The Code of Business Conduct and Anti Sexual Harassment Policy
of the Company provides adequate mechanisms for redressal of complaints of harassment without fear or threat of
reprisals in any form or manner to all employees irrespective of their gender and sexuality.

The Whistle Blower Policy provides vigil mechanism for Directors and Employees to voice their concerns in a
responsible and effective manner regarding unethical behaviour, actual or suspected fraud or violation of the
Company’s Code of Conduct and dealing with Insider Trading and Unpublished Price Sensitive Information. It also
provides adequate safeguards against victimization of Directors and Employees who avail the mechanism.

8. Do human rights requirements form part of your business agreements and contracts? (Yes/No)
Yes, the Company has a policy on zero child labour, zero tolerance for discrimination at workplace and other human
rights violations which extends to supply chain as well.

9. Assessments of the year: Done by the Company

% of your plants and offices that were assessed
Particulars
(by entity or statutory authorities or third parties)
Child labour 100%
Forced/involuntary labour 100%
Sexual harassment 100%
Discrimination at workplace 100%
Wages 100%
Others – please specify -

10. Provide details of any corrective actions taken or underway to address significant risks / concerns arising
from the assessments at Question 9 above:
The Company did not find any significant risks or concerns arising from the assessments conducted. Further, the
Company’s statutory and internal auditors’ observations of the audits carried out at the office is placed before the
Audit Committee on quarterly basis.

Annual Report 2023-24 65

Principle 6: Businesses should respect and make efforts to protect and restore the environment
ESSENTIAL INDICATORS
1. a. Details of total energy consumption (in Joules or multiples) and energy intensity, in the following
format:
FY 2023-24 FY 2022-23
Parameter
(Current Financial Year) (Previous Financial Year)
Total electricity consumption in Giga Joules (A) 51560 51309
Total fuel consumption in Giga Joules (B) 0 0
Energy consumption through other sources (C) 8270 8210
Total energy consumption in Giga Joules (A+B+C) 59830 59519
Energy intensity per rupee of turnover - -
(Total energy consumption/ turnover in rupees) - -

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an
external agency? (Y/N) If yes, name of the external agency:
Not Applicable

2. Does the entity have any sites / facilities identified as designated consumers (DCs) under the Performance,
Achieve and Trade (PAT) Scheme of the Government of India? (Y/N) If yes, disclose whether targets set under
the PAT scheme have been achieved. In case targets have not been achieved, provide the remedial action
taken, if any.
Not Applicable

3. Provide details of the following disclosures related to water, in the following format:
FY 2023-24 FY 2022-23
Parameter
(Current Financial Year) (Previous Financial Year)
Water withdrawal by source (in kilolitres) 0 0
(i) Surface water 0 0
(ii) Groundwater 17.10 16.27
(iii) Third party water 0 0
(iv) Seawater / desalinated water 0 0
(v) Others 17.10 16.27
Total volume of water withdrawal (in kilolitres) 17.10 16.27
(i + ii + iii + iv + v)
Total volume of water consumption (in kilolitres) N.A. N.A.
Water intensity per rupee of turnover (Water consumed / turnover) - -

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external

agency? (Y/N) If yes, name of the external agency:
No

4. Has the entity implemented a mechanism for Zero Liquid Discharge? If yes, provide details of its coverage
and implementation:
Not Applicable

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 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

5. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:
Please FY 2023-2024 FY 2022-2023
Parameter
specify unit (Current Financial Year) (Previous Financial Year)
NOx mg/Nm3 N.A. N.A.
SOx mg/Nm3 N.A. N.A.
Particulate matter (PM) mg/Nm3 N.A. N.A.
Persistent organic pollutants (POP) N.A. N.A.
Volatile organic compounds (VOC) N.A. N.A.
Hazardous air pollutants (HAP) N.A. N.A.
Others - please specify N.A. N.A.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external

agency? (Y/N) If yes, name of the external agency:
No

6. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following
format:
FY 2023-2024 FY 2022-2023
Parameter Unit (Current (Previous
Financial Year) Financial Year)
Total Scope 1 emissions (Break-up of the GHG into CO2, CH4, Metric tonnes of CO2 N.A. N.A.
N2O, HFCs, PFCs, SF6, NF3, if available) equivalent
Total Scope 2 emissions (Break-up of the GHG into CO2, CH4, Metric tonnes of CO2 N.A. N.A.
N2O, HFCs, PFCs, SF6, NF3, if available) equivalent
Total Scope 1 and Scope 2 emissions per rupee of turnover N.A. N.A.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external
agency? (Y/N) If yes, name of the external agency.: No

7. Does the entity have any project related to reducing Green House Gas emission? If Yes, then provide details:
Not Applicable

8. Provide details related to waste management by the entity, in the following format:
FY 2023-2024 FY 2022-2023
Parameter
(Current Financial Year) (Previous Financial Year)
Total Waste generated (in metric tonnes)
Plastic waste (A) N.A. N.A.
E-waste (B) N.A. N.A.
Bio-medical waste (C) N.A. N.A.
Construction and demolition waste (D) N.A. N.A.
Battery waste (E) N.A. N.A.
Radioactive waste (F) N.A. N.A.
Other Hazardous waste. Please specify, if any. (Glass wool) (G) N.A. N.A.
Other Non-hazardous waste generated (H). Please specify, if any. N.A. N.A.
(Fly ash & bottom ash) (Break-up by composition i.e.
Total (A+B + C + D + E + F + G + H) N.A. N.A.
For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations (in
metric tonnes)
Category of waste N.A. N.A.
(i) Recycled N.A. N.A.
(ii) Re-used N.A. N.A.
(iii) Other recovery operations N.A. N.A.
Total N.A. N.A.

Annual Report 2023-24 67

 FY 2023-2024 FY 2022-2023
Parameter
(Current Financial Year) (Previous Financial Year)
For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes)
Category of waste
(i) Incineration N.A. N.A.
(ii) Landfilling N.A. N.A.
(iii) Other disposal operations N.A. N.A.
Total N.A. N.A.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external
agency? (Y/N) If yes, name of the external agency.:
No

9. Briefly describe the waste management practices adopted in your establishments. Describe the strategy
adopted by your company to reduce usage of hazardous and toxic chemicals in your products and processes
and the practices adopted to manage such wastes:
Not Applicable

10. If the entity has operations/offices in/around ecologically sensitive areas (such as national parks, wildlife
sanctuaries, biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation zones etc.)
where environmental approvals / clearances are required, please specify details in the following format:
The Company does not have any office in ecologically sensitive area

Whether the conditions of environmental approval / clearance are

S. Location of Type of
being complied with? (Y/N) If no, the reasons thereof and
No. operations/offices Operations
corrective action taken, if any.
Not Applicable

11. Details of environmental impact assessments of projects undertaken by the entity based on applicable
laws, in the current financial year:
Name and brief EIA Whether conducted by independent Results communicated in Relevant
Date
details of project Notification No. external agency (Yes/No) public domain (Yes / No) Web link
Not Applicable

12. Is the entity compliant with the applicable environmental law/ regulations/ guidelines in India; such as the
Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment
protection act and rules thereunder (Y/N):
Yes, your Company is compliant with the applicable environmental law/ regulations/ guidelines in India.

Principle 7 Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that
is responsible and transparent
ESSENTIAL INDICATORS
1. a. Number of affiliations with trade and industry chambers/ associations.: NIL
b. List the top 10 trade and industry chambers/ associations (determined based on the total members of
such body) the entity is a member of/ affiliated to.
S. Name of the trade and industry Reach of trade and industry chambers/
No. chambers/associations associations (State/National)
N.A.

2. Provide details of corrective action taken or underway on any issues related to anti- competitive conduct by
the entity, based on adverse orders from regulatory authorities:
Name of Authority Brief of the Case Corrective action taken
Not Applicable

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 CORPORATE STATUTORY FINANCIAL
OVERVIEW REPORTS STATEMENTS

Principle 8 Businesses should promote inclusive growth and equitable development

ESSENTIAL INDICATORS
1. Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in
the current financial year:
Whether conducted by Results Communicated
Name and brief SIA Date of Relevant
independent external agency in Public Domain (Yes/
detail of project Notification No. Notification Web Link
(Yes/No) No)
Not Applicable

2. Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being
undertaken by your entity, in the following format:
S. Name of Project for project affected % of PAFs Amount paid to PAFs
State District
No. which R&R is ongoing Families (PAFs) covered by R&R in the FY (in INR)
Not Applicable

3. Describe the mechanisms to receive and redress grievances of the community:

Not Applicable

4. Percentage of input material (inputs to total inputs by value) sourced from suppliers:
FY 2023-2024 FY 2022-2023
Particulars
(Current Financial Year) (Previous Financial Year)
Directly sourced from MSMEs/ small producers N.A N.A
Sourced directly from within the district and neighbouring districts N.A N.A

Principle 9 Businesses should engage with and provide value to their consumers in a responsible manner
ESSENTIAL INDICATORS
1. Describe the mechanisms in place to receive and respond to consumer complaints and feedback:
Any query/complaints are received directly on Company’s e-mail id.

2. Turnover of products and/ services as a percentage of turnover from all products/service that carry
information about:
Particulars As a percentage to total turnover
Environmental and social parameters relevant to the product 100%
Safe and responsible usage -
Recycling and/or safe disposal -

3. Number of consumer complaints in respect of the following:

FY 2023-2024 FY 2022-2023
(Current Financial Year) (Previous Financial Year)
Particulars Received Pending Remarks Received Pending Remarks
during the resolution at during the resolution at
year end of year year end of year
Data privacy 0 0 - 0 0 -
Advertising 0 0 - 0 0 -
Cyber-security 0 0 - 0 0 -
Delivery of essential services 0 0 - 0 0 -
Restrictive Trade Practices 0 0 - 0 0 -
Unfair Trade Practices 0 0 - 0 0 -
Others 0 0 - 0 0 -

Annual Report 2023-24 69

4. Details of instances of product recalls on account of safety issues:
Number Reasons for recall
Voluntary recalls 0 NA
Forced recalls 0 NA

5. Does the entity have a framework/ policy on cyber security and risks related to data privacy? (Yes/No) If
available, provide a web-link of the policy:
Yes, the Company respects the privacy of its employees, business partners and others who interact with the Company.
This is reflected in the Company’s policy and the issues are overseen by the Board Committees, as may be required.
The weblink of the policy is : https://rattanindia.com/wp-content/uploads/2022/09/REL-Risk-Management-Policy.pdf

6. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery
of essential services; cyber security and data privacy of customers; re-occurrence of instances of product
recalls; penalty / action taken by regulatory authorities on safety of products / services:
There were no significant issues/ penalties/ regulatory actions relating to advertising, cyber security and data privacy
during the year.

70 RattanIndia Enterprises Limited