Dabur India ESG Rating Improves to 77.3

Dabur India Limited has announced an improvement in its ESG (Environmental, Social, and Governance) rating, with the latest assessment showing positive progress in the company's sustainability metrics.

ESG Rating Performance

The company's ESG rating has shown measurable improvement, as detailed in the following comparison:

Metric	Current Rating	Previous Rating	Improvement
ESG Score	77.30	75.70	+1.60 points
Rating Agency	SESE ESG Research Private Limited	SESE ESG Research Private Limited	Same

SESE ESG Research Private Limited assigned the current ESG rating of 77.30, marking a 1.60-point increase from the previous score of 75.70. This improvement reflects the company's enhanced performance across environmental, social, and governance parameters.

Rating Methodology and Independence

The ESG assessment was conducted independently by SESE ESG Research Private Limited without any direct engagement from Dabur India. Key aspects of the rating process include:

Independent preparation of the report by SESE ESG Research Private Limited
Assessment based entirely on data available in the public domain
No direct engagement or commissioning by Dabur India
Transparent methodology using publicly accessible information

Regulatory Compliance and Disclosure

Dabur India made this disclosure in compliance with regulatory requirements. The company has also made the rating information available on its official website at www.dabur.com , ensuring transparency and accessibility for stakeholders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.48%	-1.20%	-4.72%	+2.76%	-4.27%	-5.12%

Dabur India has informed stock exchanges about the dismissal of its appeal against a significant CGST tax demand, marking another development in an ongoing tax dispute that spans multiple financial years.

Appeal Dismissal Details

The Commissioner of Appeals, CGST, Meerut, Uttar Pradesh has dismissed Dabur India's appeal regarding a tax demand originally imposed by the Joint Commissioner, CGST, Meerut. The company received the dismissal order on December 16 at 4:30 p.m.

Parameter	Details
Original Tax Demand	₹23,06,67,809
Penalty Amount	Equal to tax demand
Interest	As applicable under Section 50 of CGST Act, 2017
Affected Period	Financial years 2017-18 to 2022-23
Issue	Product valuation across multiple states

Company's Response Strategy

Dabur India has outlined its next course of action following the appeal dismissal. The company plans to take appropriate steps available under applicable laws, including filing an appeal with the Tribunal. This represents the next level of appellate authority in the tax dispute resolution process.

Financial Impact Assessment

The company has reiterated its position regarding the financial implications of this matter:

Financial impact in the matter is unlikely
No impact on company operations or other activities due to this order
Any financial impact will be limited to the extent of final tax liability as determined by higher appellate authorities

Dabur India maintains that minimal financial impact is expected from this development.

Background Context

This update relates to a previous disclosure made by Dabur India on February 5, regarding the original order passed by the Joint Commissioner, CGST, Meerut. The dispute centers on valuation of products across multiple states and covers a period from financial years 2017-18 to 2022-23.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders about material developments affecting the company. The update was communicated to both BSE Limited and National Stock Exchange of India Limited on December 17.