United Nations Sustainable Development Goals Reporting scope This report covers the sustainability performance of our Company. To enhance focus, we have placed the products belonging to the two reporting segments, namely Life Science Chemicals and Performance and Other Chemicals, under nine sub-segments (interchangeably called businesses), namely Aromatics, Bulk Chemicals and Intermediates, Colors, Crop Protection – Bulk Actives, Crop Protection – Retail, Floras, Pharmaceuticals, Polymers – Performance Material and Polymers – Retail. These in turn are managed through a matrix organisation structure for achieving all-round functional excellence. Reporting boundary The financial information presented in this report pertains to standalone operations of our Company encompassing its national and international business, subsidiary and joint venture entities (unless specifically mentioned otherwise in relevant sections). The non-financial information primarily focuses on its own operations (unless specifically mentioned otherwise in relevant sections). Reporting period The reporting period for this report is from April 01, 2023 to March 31, 2024. Materiality determination This report provides balanced information about the relevant matters that substantively affect the ability of our Company to create value both positively and negatively. We have taken a holistic perspective by engaging with the stakeholders to identify material information or matters. Forward-looking statements In this report, wehave shared informationandmade forward-looking statements toenable investors to know theproduct portfolio, business logic of our Company and thereby comprehend its prospects. These include all statements other than statements of historical facts, including those regarding the financial position, business strategy, management plans and objectives for future operations. Such statements that we make are based on our assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘intend’, ‘plan’, ‘project’ or words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised although we believe we have been prudent in our assumptions. The actual results may be affected because of uncertainties, risks and even inaccurate assumptions. If uncertainties or known or unknown risks materialise or if underlying assumptions prove inaccurate, actual results may vary materially from those anticipated, believed, estimated, intended, planned or projected. We undertake no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. We hope that this first edition of integrated annual report of our Company will serve as a comprehensive reflection of its performance and way forward. It is our endeavour that at every opportunity we enrich the report with additional, relevant information for the shareholders that may help them make informed decisions. Basis of reporting This report is prepared in accordance with: Companies Act, 2013 (and the Rules made thereunder) Indian Accounting Standards SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Secretarial Standards It is aligned with the internationally recognised frameworks, standards and goals: Integrated Reporting <IR> framework (a benchmark for best practices in corporate reporting) Sustainability Accounting Standards Board Sustainable Development Goals set by the United Nations 1 Corporate Overview Performance Overview Governance Overview Statutory Reports Financial Statements
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