PSP Projects files BRSR for FY26, cuts emission intensity

2 min read     Updated on 28 May 2026, 10:16 PM
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PSP Projects filed its Business Responsibility and Sustainability Report for FY26, highlighting a 16.67% reduction in emission intensity and improvements in energy and waste intensity. The company maintained a workforce of 2,383 permanent employees and 14,408 workers, with 100% safety training coverage and zero reported corruption cases.

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PSP Projects Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 with stock exchanges pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, signed by Company Secretary and Compliance Officer Pooja Dhruve on May 28, 2026, details the company's environmental, social, and governance performance. The company reported a 16.67% reduction in Scope 1 and Scope 2 emission intensity compared to the previous year, alongside a 13.25% reduction in energy intensity.

Environmental Performance

PSP Projects achieved significant reductions in its environmental footprint during FY 2025-26. The company recorded a 16.67% decrease in combined Scope 1 and Scope 2 emission intensity (tCO2e/₹ turnover) versus the baseline. Scope 1 emissions decreased by 2.5% to 6,861.62 T CO2e. Energy intensity improved by 13.25% in gigajoules per ₹ turnover. The company also reported a 7.34% reduction in total waste intensity compared to the baseline year. To support water stewardship, Sewage Treatment Plants (STPs) with a total installed capacity of nearly 200 KLD were established at three major project locations for recycling and reuse.

Parameter FY 2025-26 FY 2024-25
Total Scope 1 Emissions (T CO2e): 6,861.62 7,037.40
Total Scope 2 Emissions (T CO2e): 6,379.54 5,685.05
Energy Intensity (KJ/₹ turnover): 4,41,036.77 5,08,373.27
Water Intensity (L/₹ turnover): 4,333.20 4,093.00
Waste Intensity (kg/₹ turnover): 18.68 20.16

Social and Governance Metrics

The company maintained a workforce of 2,383 permanent employees and 14,408 workers as of March 31, 2026. PSP Projects provided 100% health and accident insurance coverage to its permanent employees and accident insurance to all workers. Safety training coverage reached 100% for both employees and workers. The company reported zero fines, penalties, or cases of corruption during the financial year. The Board-level ESG Steering Committee, comprising Mr. Parahaladbhai Patel, Ms. Pooja Patel, and Mrs. Achala Patel, oversees sustainability initiatives.

Metric FY 2025-26
Permanent Employees: 2,383
Workers: 14,408
Safety Training Coverage: 100%
Female Representation on Board: 33.33%
Fines/Penalties (₹): Nil

Stakeholder Engagement and Compliance

The BRSR confirms that PSP Projects has policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). The company identified material issues including waste management, health and safety, and talent development as opportunities, while governance and ethics were viewed as risks with positive financial implications. All 14,408 workers were paid wages more than the minimum wage. The report is available on the company's website at www.pspprojects.com .

Historical Stock Returns for PSP Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.74%+11.41%+15.79%-10.09%+34.08%+111.14%

What specific renewable energy initiatives does PSP Projects plan to implement to further reduce Scope 2 emissions?

How will the company address the increase in water intensity reported in FY 2025-26?

Does PSP Projects intend to expand its STP capacity to additional project sites in the coming year?

PSP Projects promoters declare no encumbrance on shares for FY26

1 min read     Updated on 21 May 2026, 07:38 AM
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PSP Projects Limited disclosed that its promoters and promoter group members have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The declaration was submitted by Promoter Prahaladbhai Patel on behalf of nine entities, including trusts and Adani group companies, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was addressed to the BSE, NSE, and the company's Audit Committee on April 04, 2026.

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PSP Projects Limited has received a declaration from its promoters confirming that no encumbrance has been created on the company's shares during the financial year ended March 31, 2026. The disclosure was made by Prahaladbhai Patel, a promoter of the company, on behalf of the entire promoter and promoter group. This declaration was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing, dated April 04, 2026, was addressed to the Listing Operations Department of BSE Limited, the Listing Department of the National Stock Exchange of India Limited, and the Audit Committee of psp projects . The communication confirms that neither the promoters nor the promoter group members have directly or indirectly encumbered their shareholdings in the company during the specified period.

Promoter and Promoter Group Details

The declaration covers a total of nine entities falling under the categories of Promoter and Promoter Group. The list includes individual family members as well as specific trusts and corporate entities associated with the promoters.

Sr. No. Name Category
1 PRAHLADBHAI S PATEL Promoter
2 SHILPABEN PRAHALADBHAI PATEL Promoter
3 POOJA P PATEL Promoter Group
4 SAGAR PRAHLADBHAI PATEL Promoter Group
5 PSP FAMILY TRUST Promoter Group
6 PPP FAMILY TRUST Promoter Group
7 SPP FAMILY TRUST Promoter Group
8 ADANI INFRA (INDIA) LIMITED Promoter
9 ADANI PROPERTIES PRIVATE LIMITED Promoter Group

The submission was signed and authorized by Prahaladbhai Patel in his capacity as a Promoter and Authorised Signatory. The disclosure ensures regulatory transparency regarding the holding status of the company's key stakeholders for the financial year 2025-26.

Historical Stock Returns for PSP Projects

1 Day5 Days1 Month6 Months1 Year5 Years
-1.74%+11.41%+15.79%-10.09%+34.08%+111.14%

How might the significant involvement of Adani Group entities (Adani Infra and Adani Properties) as promoters influence PSP Projects' future business strategy and project pipeline?

Could the clean encumbrance record strengthen PSP Projects' ability to raise institutional capital or secure large-scale infrastructure contracts in FY2026-27?

What are the potential implications for PSP Projects' stock performance if promoters decide to pledge shares in future financial years amid tightening credit conditions?

More News on PSP Projects

1 Year Returns:+34.08%