Carborundum Universal receives ESG rating from Niche Ninety Nine

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Carborundum Universal received an ESG rating from Niche Ninety Nine
  • The rating agency is SEBI-registered and prepared the report independently
  • The company did not engage the provider for this assessment
  • Disclosure made under Regulation 30 of SEBI Listing Regulations
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Carborundum Universal Limited disclosed that it has received an Environment, Social and Governance (ESG) rating from a SEBI-registered provider.

The rating was assigned by Niche Ninety Nine Capability and Certifications (OPC) Private Limited. The company clarified that it did not engage the rating agency for this assessment.

Independent Assessment

Niche Ninety Nine prepared the ESG report independently based on information available in the public domain. The company confirmed it has not hired or commissioned the rating provider for this specific evaluation.

Disclosure Details

The rating was submitted to both BSE Limited and National Stock Exchange of India Limited by the rating agency. Carborundum Universal received communication regarding the upload from BSE on September 17, 2026, at 6:49 pm.

This disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full report is published on the respective exchange websites.

Historical Stock Returns for Carborundum Universal

1 Day5 Days1 Month6 Months1 Year5 Years
+4.33%-0.95%+12.15%+61.47%+35.46%+41.12%

How might this unsolicited ESG rating influence institutional investor sentiment and capital allocation towards Carborundum Universal?

Will Carborundum Universal initiate a formal, commissioned ESG assessment in the future to ensure greater accuracy and control over their sustainability reporting?

What are the potential risks or limitations for investors relying on independent ESG ratings derived solely from public domain information?

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Carborundum Universal receives independent ESG rating from Crisil

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Crisil ESG Ratings & Analytics assigned an independent ESG rating to Carborundum Universal
  • The report was published on BSE and NSE websites on August 24, 2026
  • The assessment was based on publicly available information without direct engagement from the company
  • Disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015
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Carborundum Universal disclosed that Crisil ESG Ratings & Analytics Limited has assigned an Environment, Social and Governance (ESG) rating to the company. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The ESG report was published on the websites of the Bombay Stock Exchange and the National Stock Exchange of India Ltd on August 24, 2026. The company received communication regarding the upload at 7:44 pm and 8:07 pm respectively on that date.

Independent Assessment

Crisil ESG Ratings & Analytics Limited is a SEBI-registered ESG Rating Provider. The company clarified that it did not engage Crisil for this assessment. Instead, the rating agency independently prepared the report using information available in the public domain.

The rating was submitted directly to both BSE Limited and NSE India by the rating agency. Carborundum Universal confirmed receipt of the notification and requested stakeholders to take the information on record.

Regulatory Compliance

This disclosure fulfills the mandatory transparency requirements set forth in Regulation 30 of the SEBI (LODR) Regulations, 2015. The move aligns with broader market trends towards greater environmental and governance transparency among listed entities.

Historical Stock Returns for Carborundum Universal

1 Day5 Days1 Month6 Months1 Year5 Years
+4.33%-0.95%+12.15%+61.47%+35.46%+41.12%

What specific ESG score or grade did Carborundum Universal receive from Crisil, and how does it compare to industry peers in the abrasives sector?

How might this independent ESG rating influence institutional investor sentiment and capital allocation decisions for Carborundum Universal?

Given that the assessment was independent and based on public data, will Carborundum Universal engage Crisil for a verified audit to enhance credibility with global stakeholders?

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1 Year Returns:+35.46%