India Cements Limited has announced that it has received an ESG rating of 59 for FY2025 from NSE Sustainability Ratings & Analytics Limited. The company made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The rating assessment was conducted by NSE Sustainability based on information available in the public domain. The ESG rating of 59 reflects India Cements Limited's performance across three key parameters:

Regulatory Compliance

The company has formally communicated this development to both major stock exchanges where its shares are listed. The disclosure was made to BSE Limited and National Stock Exchange of India Limited as part of the company's ongoing compliance with listing regulations.

Company Information

India Cements Limited operates as a subsidiary of UltraTech Cement Limited. The company maintains its registered office at Dhun Building, 827, Anna Salai, Chennai. The ESG rating disclosure demonstrates the company's commitment to transparency in reporting its environmental, social and governance performance metrics to stakeholders and regulatory authorities.

India Cements has successfully completed the amalgamation of its four wholly owned subsidiaries, marking a significant milestone in the company's corporate restructuring initiative. The scheme became effective on March 28, 2026, following regulatory approvals and compliance with all statutory requirements.

Amalgamation Details

The scheme involves the merger of four wholly owned subsidiaries with the parent company:

Regulatory Approval and Implementation

The company received the certified copy of the order from the Hon'ble National Company Law Tribunal, Chennai Bench sanctioning the scheme. The order has been subsequently filed with the Registrar of Companies, Chennai, Tamil Nadu, ensuring full compliance with regulatory requirements.

Asset and Liability Transfer

Under the amalgamation scheme, all assets and liabilities of the four subsidiaries have been transferred to India Cements Limited from the appointed date of January 1, 2025. The transfer encompasses the complete business operations and financial obligations of these entities.

Following the completion of the amalgamation, all four subsidiaries - ICLFSL, ICLIL, ICLSL, and ICIL - stand dissolved without winding up procedures. This corporate restructuring consolidates the group's operations under the parent entity, streamlining the organizational structure.

Corporate Structure

India Cements Limited operates as a subsidiary of UltraTech Cement Limited and maintains its registered office at Dhun Building, 827, Anna Salai, Chennai. The company continues its cement manufacturing operations while integrating the dissolved subsidiaries' business activities into its consolidated structure.