Ratnamani metals & tubes Limited has received an ESG rating of 63 from SES ESG Research Private Limited for the financial year 2024-25. The company disclosed this development to the stock exchanges on March 13, 2026, in compliance with SEBI listing regulations.

ESG Rating Performance

The ESG rating assessment was conducted based on the company's Business Responsibility and Sustainability Report (BRSR) and other information available in the public domain. The rating demonstrates the company's commitment to environmental, social, and governance practices.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with para-A, part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received communication about the ESG rating via BSE email on March 12, 2026, at around 20:10 IST.

Company Secretary and Compliance Officer Anil Maloo signed the disclosure document, ensuring proper regulatory compliance. The information has been made available on the company's website at www.ratnamani.com for stakeholder reference.

About SES ESG Research

SES ESG Research Private Limited operates as a wholly owned subsidiary of Stakeholders Empowerment Services (SES), functioning as a not-for-profit and independent entity. The organization holds significant credentials in the ESG rating space:

• SEBI Registration: Category II ESG Rating Provider (Registration No.: IN/ERP/Category-II/0002)
• Operating Model: Subscriber Pay Model, effective April 25, 2024
• Coverage: Over 720 companies with expanding coverage based on client demand
• Experience: Pioneering ESG ratings in India since 2018-19, published first ESG report in 2019

Market Significance

The ESG rating reflects the company's performance across environmental, social, and governance parameters. SES ESG has established itself as a pioneer in the Indian ESG rating landscape, having undertaken significant ESG work for both domestic and international clients since 2019. The improvement in Ratnamani Metals & Tubes' rating from 61.8 to 63 indicates positive progress in the company's sustainability practices and governance standards.

Ratnamani metals & tubes Limited has issued a formal response to BSE surveillance regarding unusual volume movement in its equity shares across exchanges. The company addressed concerns raised by the stock exchange about the recent surge in trading activity.

BSE Surveillance Inquiry Details

The BSE surveillance team had sought clarification through email reference L/SURV/ONL/PV/APJ/2025-2026/918 dated February 13, 2026, regarding the significant increase in volume of the company's equity shares. The exchange's inquiry was part of routine surveillance activities to monitor unusual trading patterns.

Company's Official Response

Ratnamani Metals & Tubes clarified that no material events, information, developments, or announcements requiring disclosure under SEBI regulations have occurred. The company specifically stated that there are no events warranting disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that could influence the price-volume movement of its scrip.

The management attributed the volume movement to purely market-driven factors based on market understanding rather than any corporate developments. This response indicates that the trading activity surge appears to be driven by investor sentiment and market dynamics rather than fundamental company news.

Compliance Confirmation

Company Secretary and Compliance Officer Anil Maloo confirmed the organization's continued adherence to disclosure requirements. The company emphasized its regular practice of disseminating unpublished price-sensitive information in accordance with Regulation 30 of the Listing Regulations.

Key compliance highlights:

• Regular disclosure of price-sensitive information
• Adherence to SEBI Listing Regulations
• Timely communication with stock exchanges
• Transparent reporting practices

The response demonstrates the company's commitment to maintaining transparency and regulatory compliance while addressing market surveillance concerns promptly.