BUSINESS RESPONSIBILITY &
SUSTAINABILITY REPORT

SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity

I-1.

Corporate Identity Number (CIN) of the listed entity:

L29259GJ1991PLC015182

I-2.

Name of the listed entity:

AIA Engineering Limited

I-3.

Year of incorporation:

11 March, 1991

I-4.

Registered office address:

115, G.V.M.M. ESTATE, ODHAV ROAD, ODHAV, AHMEDABAD - 382415

I-5.

Corporate address:

11/12, SIGMA COPRORATES, B/H. HOF SHOWROOM, OFF. S.G. HIGHWAY, SINDHU BHAVAN ROAD, BODAKDEV, AHMEDABAD - 380054

I-6.

E-mail :

info@aiaengineering.com

I-7.

Telephone :

+91-79-66047800

I-8.

Website :

www.aiaengineering.com

I-9.

Financial year for which reporting is being done:

2023-24

I-10.

Name of the Stock Exchange(s) where shares are listed:

BSE Ltd. and National Stock Exchange of
India Limited

I-11.

Paid-up capital:

₹ 18,86,40,740.00

I-12.

Name and contact details (telephone, e-mail) of the person who may be contacted in case of any queries on the BRSR report:

Mr. Paresh Shukla


Telephone- +91-79-66047800

E-mail- paresh.shukla@aiaengineering.com

I-13.

Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together).:

Standalone basis

I-14.

Name of assurance provider:

Shailesh Haribhakti & Associates

I-15.

Type of assurance obtained:

Reasonable

II. Products/services
II-16. Details of business activities (accounting for 90% of the turnover):
Description of Main Activity
Manufacturing
Description of Business Activity
Metal and metal products
% of Turnover of the entity
100.00%
II-17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
Product/Service
Manufacturing of other iron and steel casting and products thereof
NIC Code
24319
% of total Turnover contributed
100.00%
III. Operations
III-18. Number of locations where plants and/or operations/offices of the entity are situated:
III-19. Markets served by the entity:
a. Number of locations
National
(No. of states)
Locations
28 Number 120
International
(No. of Countries)
Locations
b.
What is the contribution of exports as a percentage of the total turnover of the entity?
68.18%
c. A brief on types of customers

The Company serves a diverse array of industries, with the finished products from the Company used as spare parts for multiple industries, including cement, power and mining.

IV. Employees
IV-20. Details as at the end of financial year a. Employees and workers (including differently abled):

S. No.

Particulars

Total(A)

Male

Female

No(B)

%(B/A)

No(C)

%(C/A)

Employees

1

Permanent (D)

1230

1226

99.67%

4

0.33%

2

Other than permanent (E)

138

137

99.28%

1

0.72%

3

Total employees (D + E)

1368

1363

99.63%

5

0.37%

Workers

1

Permanent (F)

107

107

100.00%

0

0.00%

2

Other than permanent (G)

2791

2763

99.00%

28

1.00%

3

Total workers (F + G)

2898

2870

99.03%

28

0.97%

IV-20. Details as at the end of financial year: b. Differently abled employees and workers:

S. No

Particulars

Total(A)

Male

Female

No(B)

%(B/A)

No(C)

%(C/A)

Differently abled employees

1

Permanent (D)

4

4

100.00%

0

0.00%

2

Other than permanent (E)

0

0

0.0%

0

0.0%

3

Total differently abled employees (D + E)

4

4

100.00%

0

0.00%

Differently abled workers

1

Permanent (F)

1

1

100.00%

0

0.00%

2

Other than permanent (G)

11

11

100.00%

0

0.00%

3

Total workers (F + G)

12

12

100.00%

0

0.00%

IV-21. Participation/inclusion/representation of women
No. and percentage of females
9
Total (A)
3
No (B)
33.33%
% (B/A)
4
Total (A)
0
No (B)
0.00%
% (B/A)
IV-22. Turnover rate for permanent employees and workers. (Disclose trends for the past 3 years)

(Turnover rate in
current FY)

(Turnover rate in previous FY)

(Turnover rate in the year prior to the previous FY)

Male

Female

Total

Male

Female

Total

Male

Female

Total

Permanent employees

4.90

0

4.80

9.46

0

9.41

6.56

0

6.54

Permanent workers

0

0

0

1.93

1.93

3.47

3.47

0

3.47

V. Holding, subsidiary and associate companies (including joint ventures)
V-23. (a) Names of Holding/Subsidiary/Associate Companies/Joint Ventures

S. no.

Name of the holding/subsidiary/associate companies/joint ventures (A)

Indicate whether holding/subsidiary/associate/joint venture

% of shares held by listed entity

Does the entity indicated at column A, participate in the Business Responsibility initiatives of the listed entity? (Yes/No)

1

Welcast Steels Limited

Subsidiary

74.85%

No

2

AIA CSR Foundation

Wholly owned subsidiary

100%

No

3

Vega Industries (Middle East) FZC (Vega ME)

Wholly owned subsidiary

100%

No

4

Vega Industries Limited – UK

Wholly owned subsidiary

100% by Vega ME

No

5

Vega Industries Limited – USA

Wholly owned subsidiary

100% by Vega ME

No

6

Vega Steel Industries (RSA) (Pty) Limited

Subsidiary

74.63% by Vega ME

No

7

Wuxi Vega Trade Co. Limited

Wholly owned subsidiary

100% by Vega ME

No

8

PT Vega Industries Indonesia

Wholly owned subsidiary

99% by Vega ME & 1% by AIA

No

9

VEGA Industries Chile SPA

Wholly owned subsidiary

100% by Vega ME

No

10

AIA Ghana Limited

Wholly owned subsidiary

100% by Vega ME

No

11

VEGA Industries Australia Pty Limited

Wholly owned subsidiary

100% by Vega ME

No

12

Vega Industries Peru Limited

Wholly owned subsidiary

99% by Vega ME & 1% by AIA

No

13

Clean Max Meridius Private Limited

Associate company

26%

No

14

VEGA MPS Pty Limited

Joint venture

43% by Vega ME

No

VI. CSR details
VI-22. (i).
Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No)
Yes
VI-22. (ii).
Turnover (₹ in Lakhs)
4,14,394.99 Lakhs
VI-22. (iii).
Net worth (₹ in Lakhs)
6,45,583.58 Lakhs
VII.Transparency and disclosures compliances
VII-25. Complaints/grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct:

Stakeholder group from whom complaint is received

Grievance redressal mechanism in Place (Yes/No) (If yes, then provide web-link for grievance redress policy)

2023-24

2022-23

Number of complaints filed during the year

Number of complaints pending resolution at close of the year

Remarks

Number of complaints filed during the year

Number of complaints pending resolution at close of the year

Remarks

Communities

Yes

0

0

NA

0

0

NA

Investors (other than shareholders)

Yes

https://aiaengineering.com/wp-content/uploads/2023/06/Policy-Whistle-Blower-Vigil-Mechanism.pdf

0

0

NA

0

0

NA

Shareholders

Yes

https://aiaengineering.com/wp-content/uploads/2023/06/Policy-Whistle-Blower-Vigil-Mechanism.pdf

0

0

NA

0

0

NA

Employees and

workers

Yes

https://aiaengineering.com/wp-content/uploads/2023/06/Human-Rights-Policy.pdf

0

0

NA

0

0

NA

Customers

Yes , The SOP is communicated and maintained internally

27

6

NA

25

NA

Value chain partners

The SOP is communicated and maintained internally

0

0

NA

0

0

NA

Other
(please specify)

NA

0

0

NA

0

0

NA

VII-26.Overview of the entity’s material responsible business conduct issues. Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format.
Risk
Negative
Opportunity
Positive

S. no.

Material issue identified

Indicate whether risk or opportunity (R/O)

Rationale for identifying the risk/opportunity

In case of risk, approach to adapt or mitigate

Financial implications of the risk or opportunity (Indicate positive or negative implications)

1

Greenhouse gas emissions & energy management

For AIA, a company operating in the manufacturing industry, the operations are highly energy-intensive, predominantly relying on non-renewable fuels due to the large scale of production.

We continuously look to replace high-emission fuels with more clean alternatives.

2

Waste management

As part of manufacturing operations, a significant amount of waste is generated.

Our goal is to reduce the amount of waste we produce and make sure that it is reused or recycled for the same or a different purpose. A ‘waste hierarchical approach’ is applied to reduce, reuse, recycle, and recover waste products in preference to disposal of waste in alignment with the circular economy. Where possible, we explore opportunities for the use of recycled material and reuse of waste by us or other companies through the co-processing of foundry waste and other waste as alternative raw materials or fuel. It presents opportunities for environmental stewardship and helps us manage price-related risks for raw materials. The Company takes waste management seriously and works towards reducing, reusing, and recycling its waste wherever possible. We optimise the use of key resources, including minerals, ensure waste minimisation at sources and facilitate recovery, and recycling. We follow waste management standards that meet or exceed applicable legal requirements and we incorporate industry best practices into our operations and services. We recognise the negative impact of improper waste disposal on the environment and, as a result, put in place strong mechanisms to treat and dispose of the generated waste. We ensure that all waste we generate from our activities is re-melted into the furnace or recycled through authorised recyclers and vendors, applying the Principles of Circular Economy

3

Occupational health and safety

AIA employs a substantial workforce for its operations, which involve working with heavy
machinery and equipment.

Implementing Occupational health and safety policy, ISO 45001:2018 Occupational health and safety management systems.

  • Established clear roles, responsibilities and accountabilities for individuals and teams at all levels of the organisation.
  • Training: We provide safety induction training to our workforce at the time of joining and periodical reorientation.
  • Staff and workers participation in safety committee meetings.
  • Conducting safety reviews of the units/plants.

4

Business ethics

Our brand and reputation are priceless assets. Our operational practices, societal contributions, and interactions with the world are constantly examined. Upholding ethical standards is crucial to safeguarding our reputation and brand.

We have separate code of conduct policies for the Board/Sr. Management and all employees

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES
 
Policy and management processes

Disclosure Questions

P1

P2

P3

P4

P5

P6

P7

P8

P9

1. a. Whether your entity’s policy/policies cover each principle and its core elements of the NGRBCs. (Yes/No)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

1. b. Has the policy been approved by the Board? (Yes/No)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

1. c. Web Link of the Policies, if available

http://www.aiaengineering.com/finances/pdf/HumanRightsPolicy.pdf

http://www.aiaengineering.com/finances/pdf/SustanabilityPolicy.pdf

http://www.aiaengineering.com/finances/pdf/HumanRightsPolicy.pdf

http://www.aiaengineering.com/finances/pdf/EnvironmentPolicy.pdf

Sexual Harassment Policy http://www.aiaengineering.com/finances/pdf/HumanRights Policy.pdf

http://www.aiaengineering.com/finances/pdf/EnvironmentPolicy.pdf http://wwwaiaengineering.com/ finances/pdf/WasteManagement CircularEconomyPolicy.pdf http://www.aiaengineering.com/finances/pdf/ClimateChangeandEnergyManagementPolicy.pdf http://www.aiaengineering.com/finances/pdf/WaterManagementPolicy.pdf

http://www.aiaengineering.com/finances/pdf/HumanRightsPolicy.pdf http://www.aiaengineering.com/finances/pdf/AIA_PolicyWhistleBlower-VigilMechanism.pdf

http://www.aiaengineering.com/finances/pdf/CSRPolicy.pdf

http://www.aiaengineering.com/finances
/pdf/
Environment
Policy.pdf
http://www.aiaengineering.com/finances/pdf/SustanabilityPolicy.pdf

2. Whether the entity has translated the policy into procedures. (Yes / No)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

3. Do the enlisted policies extend to your value chain partners? (Yes/No)

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

4. Name of the national and international codes/certifications/labels/ standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Trustea) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity and mapped to each principle.

ISO 9001:2015

0

ISO 45001:2018

0

0

ISO 14001:2015

0

0

ISO 9001:2015

5. Specific commitments, goals and targets set by the entity with defined timelines, if any.

Commitment: Yes ,Goal: To understand the current status of employee well-being

Specific Target: Zero theft w.r.t. truck drivers

Defined timeline: By March 2027

Commitment: Yes

Commitment: Yes, committed Goal: To understand the current status of employee after well-being. Specific Target: To carry out an Employee Satisfaction Survey (Target: Atleast 80%) Define Timeline 2027 Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met. The objective is ongoing. Multiple feedbacks will be taken from employees. Defined timeline: By 2027

Commitment: Yes, committed Goal: To understand the current status of employee wellbeing Specific Target: To carry out Employee Satisfaction Survey (Target: Atleast 80%) Define Timeline 2027 Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met. The objective is ongoing. Multiple feedbacks will be taken from employees.

Commitment: Yes, committed Goal: To ensure that all the concerns or interests of stakeholders are addressed and resolved. Specific Target: To enhance customer satisfaction index from 97% to 98.5% To reduce vendor complaints from 26/ year to 10/year To reduce employee grievances from 14/ year to 4/year. Defined Timeline: By 2027.

Commitment: Yes, committed Goal: To ensure protection of human rights at critical MSME vendors Specific Target: To ensure no child labour/forced labour or inhuman working is found in atleast top 50 MSME vendors. Defined Timeline: By 2027

Commitment: Yes, Goal: To contribute and make efforts towards protecting and restoring the environment committed, Specific Target: Zero single use plastic in our packaging and drinking water bottles. To increase usage of renewable energy from 17% to 20% of our total power requirement-Achieved. To increase production of bricks and paver blocks from our discard sand, dust and plastic (Target : 100000 Nos bricks /blocks to be produced up to year 2030). To gradually convert our ie 2 motors to ie 4 motors (more energy efficient motors). To change our employee transportation buses from diesel to electric / hybrid buses (by 2030).

Commitment: Yes, committed Goal: To increase engagement with associations and contribute in influencing public and regulatory policy. Specific Target: To become more participative in CII, FICCI and IIF. To become the lead representative in these forums for alloy steel castings Defined Timeline: by 2030.

Commitment: Yes, committed Goal: Specific Target: To support start-ups and entrepreneurs to manufacture recyclable material in an environmentally friendly manner in order to develop economical and viable glass drinking water bottle. To support selective MSME vendors to adopt sustainable initiatives in their business. Define Timeline: By 2030

Commitment: Yes, committed Goal: To enhance customer delight as part of AIA ethos. Specific Target: To increase the customer satisfaction score to 98%. Defined Timeline: By 2030.

6. Performance of the entity against the specific commitments, goals and targets along-with reasons in case the same are not met.

The objective is ongoing and is monitored on yearly basis. No. of awareness programmes will be increased for truck drivers.

The objective is on-going and is monitored on Yearly basis. Objective for renewable energy from 17% to 20% of our total power requirement was achieved with this year renewable energy generation of 85127.199 MWH which is 24.27 %. Revised objective will be 27 % by 2027.

The objective is ongoing. Multiple feedbacks will be taken from employees.

The objective is ongoing with monitoring on annual basis.

The objective is ongoing. The same is monitored through audits and educating critical MSME vendors.

The objective is ongoing and is monitored continuously. Objective for renewable energy from 17% to 20% of our total power requirement was achieved with this year renewable energy generation of 85127.199 MWH which is 24.27 %. Revised objective will be 27 % by 2027.

The objective is ongoing and continued monitoring of the participation of our nominees in various bodies is done.

The objective is under progress and shall be mapped every year based on a firm action plan

The objective is ongoing with performance monitoring.

Governance, leadership and oversight
7.
Statement by director responsible for the business responsibility report, highlighting ESG related challenges, targets and achievements (listed entity has flexibility regarding the placement of this disclosure)

As a part of the Board of Directors responsible for our Business Responsibility Report, I am pleased to share our progress and outlook for the coming year. Our commitment to providing optimised solutions through technical evaluation of our customers’ requirements remains steadfast. By offering specifically designed solutions in ideal metallurgy and process optimisation services globally, we continue to lead in Quality, Services, and Innovation within our field. Our reputation for providing global solutions to local requirements is unmatched.

ESG: A Business Necessity

The integration of Environmental, Social, and Governance (ESG) principles into our business operations is no longer optional but a necessity. In the past year, Building on our robust ESG governance framework, we have introduced new policies and systems to ensure continuous improvement in our ESG performance. These enhancements are designed to meet and exceed the expectations of our stakeholders, driving us towards greater sustainability.

8.
Details of the highest authority responsible for implementation and oversight of the Business Responsibility policy (ies).

Board of Directors

  • Mr. Rajendra S. Shah (DIN 00061922) Category: (Chairman/NED/ID)
  • Mr. Bhadresh K. Shah (DIN 00058177) Category: (ED)
  • Mr. Rajan Ramkrishna Harivallabhdas (DIN 00014265) Category: (NED/ID)
  • Mr. Yashwant M. Patel (DIN 02103312) Category: (ED)
  • Mrs. Khushali S. Solanki (DIN 07008918) Category: (NED)
  • Mrs. Bhumika S. Shodhan (DIN 02099400) Category: (NED)
  • Mr. Sanjay S. Majmudar (DIN 00091305) Category: (NED/ID)
  • Mr. Dileep C. Choksi (DIN 00016322) Category: (NED/ID)
  • Mrs. Janaki U. Shah (DIN 00343343) Category: (NED/ID)
9.
Does the entity have a specified Committee of the Board/ Director responsible for decision making on sustainability related issues? (Yes/No). If yes, provide details.

Yes

10. Details of review of NGRBCs by the Company: Indicate whether review was undertaken by Director/Committee of the Board/Any other Committee

Subject for Review

Indicate whether review was undertaken by Director/Committee of the Board/Any other Committee

Frequency (Annually/Half yearly/Quarterly/Any other –
please specify)

P1

P2

P3

P4

P5

P6

P7

P8

P9

P1

P2

P3

P4

P5

P6

P7

P8

P9

Performance against above policies and follow up action

Directors

Annually

Compliance with statutory requirements of relevance to the principles, and, rectification of any non-compliances

11. Has the entity carried out independent assessment/evaluation of the working of its policies by an external agency? (Yes/No). If yes, provide name of the agency.

Sr. no

P1

P2

P3

P4

P5

P6

P7

P8

P9

1

No

No

Yes

Yes

No

Yes

No

No

Yes

12. If answer to question (1) above is No i.e. not all Principles are covered by a policy, reasons to be stated

Questions

P1

P2

P3

P4

P5

P6

P7

P8

P9

The entity does not consider the principles material to its business (Yes/No)

NA

The entity is not at a stage where it is in a position to formulate and implement the policies on specified principles (Yes/No)

The entity does not have the financial or/human and technical resources available for the task (Yes/No)

It is planned to be done in the next financial year (Yes/No)

Any other reason (please specify)

SECTION C: PRINCIPLE WISE PERFORMANCE DISCLOSURE
PRINCIPLE 1 Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.
Essential Indicators
EI-1. Percentage covered by training and awareness programmes on any of the Principles during the financial year:
Segment
Total number of training and awareness programmes held
Topics/principles covered under the training and its impact
Percentage of persons in respective category covered by the awareness programmes
Board of Directors
4

1. Financial Performance, Budgeting and Planning

2. Orientation on Statutory Compliances as a Board Member

60%
Key Managerial Personnel
4

All principles

100%
Employees other than BoD and KMP
190

Principles - 02, 05 & 06

69.4%
Workers
189

Principles - 02, 05 & 06

34.8%
EI-2. Details of fines/penalties/punishment/award/compounding fees/settlement amount paid in proceedings (by the entity or by directors/KMP) with regulators/law enforcement agencies/judicial institutions, in the financial year, in the following format (Note: the entity shall make disclosures on the basis of materiality as specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015 and as disclosed on the entity’s website)

Monetary

Category

NGRBC Principle

Name of the regulatory/enforcement agencies/judicial institutions

Amount
(In ₹)

Brief of the case

Has an appeal been preferred? (Yes/No)

Penalty/ Fine

NA

NA

0

0

No

Settlement

NA

NA

0

0

No

Compounding fee

NA

NA

0

0

No

Non-Monetary

Category

NGRBC Principle

Name of the regulatory/enforcement agencies/judicial institutions

Brief of the Case

Has an appeal been preferred? (Yes/No)

Imprisonment

NA

NA

0

No

Punishment

NA

NA

0

No

EI-3. Of the instances disclosed in Question 2 above, details of the Appeal/Revision preferred in cases where monetary or non-monetary action has been appealed.

S. No.

Case Details

Name of the regulatory/enforcement agencies/ judicial institutions

1

NA

0

EI-4. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available, provide a web-link to the policy - Yes Whistle Blower and Vigil Mechanism Policy covers Anti Corruption/Anti Bribery mechanism.
https://aiaengineering.com/wp-content/uploads/2023/06/Policy-Whistle-Blower-Vigil-Mechanism.pdf
EI-5. Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery/corruption:

Category

(Current financial year)

(Previous financial year)

Directors

0

0

KMP

0

0

Employees

0

0

Workers

0

0

EI-6. Details of complaints with regard to conflict of interest:

Category

Number (CY)

Remarks
(CY)

Number (PY)

Remarks
(PY)

Number of complaints received in relation to issues of Conflict of Interest of the Directors

0

NA

0

NA

Number of complaints received in relation to issues of Conflict of Interest of the KMP

0

NA

0

NA

EI-7. Provide details of any corrective action taken or underway on issues related to fines/penalties/action taken by regulators/law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of interest - NA

EI-8. Number of days of accounts payables ((Accounts payable *365)/Cost of goods/services procured) in the following format:
(Current financial year) 23
Category Number of days of accounts payables
(Previous financial year) 14
EI-9. Open-ness of business. Provide details of concentration of purchases with trading houses, dealers, and related parties along-with loans and advances & investments, with related parties, in the following format. Concentration of Purchases-

Parameter

Metrics

2023-24

2022-23

Concentration of purchases

a. Purchases from trading houses as % of total purchases

0

0

b. Number of trading houses where purchases are made from

0

0

c. Purchases from top 10 trading houses as % of total purchases from trading houses

0

0

Concentration of sales

a. Sales to dealers/distributors as % of total sales

61.23%

67.83%

b. Number of dealers/distributors to whom sales are made

1

1

c. Sales to top 10 dealers/distributors as % of total sales to dealers/distributors

100%

100%

Share of RPTs in

a. Purchases (Purchases with related parties/Total purchases)

0.46%

0.19%

b. Sales (Sales to related parties/Total sales)

61.23%

67.83%

c. Loans & advances (Loans & advances given to related parties/Total loans & advances)

0.00

0.04%

d. Investments (Investments in related parties/Total Investments made)

0.51%

0.68%

Leadership Indicators
LI-1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year:
Total number of awareness programmes held
36
Topics/principles covered under the training
ESG - P-1, P-2, P-3, P-5, P-6
%age of value chain partners covered (by value of business done with such partners) under the awareness programmes
3.7
LI-2. Does the entity have processes in place to avoid/manage conflict of interests involving members of the Board? (Yes/No)If Yes, provide details of the same –

Yes, the Company has devised a Related Party Transactions (RPT) Policy in accordance with the Companies Act, 2013 and SEBI LODR. which keeps a check on conflict of interest involving Board Members.

Link to the policy: https://aiaengineering.com/wp-content/uploads/2023/06/Policy-Related-Party-Transaction.pdf
PRINCIPLE 2 Businesses should provide goods and services in a manner that is sustainable and safe.
Essential Indicators
EI-1 Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively.
R&D
0
Current Financial Year
0
Previous Financial Year
0
Details of improvements in environmental and social impacts
Capex (₹ in crores)
0.83
Current Financial Year
27.23
Previous Financial Year

Renewable energy solutions, cutting-edge energy-saving technologies, environmental and pollution control measures, rigorous fire & safety protocols, advanced LED lighting solutions, and comprehensive employee well-being initiatives.

Details of improvements in environmental and social impacts
EI-2.a. Does the entity have procedures in place for sustainable sourcing? (Yes/No) -

Yes

EI-2.b. If yes, what percentage of inputs were sourced sustainably? –

The Company has purchased 3% of its silica sand from sustainable sources like glass manufacturers and has also procured 76% of recyclable materials like scrap.

EI-3. Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for (a) Plastics (including packaging) (b) E-waste (c) Hazardous waste and (d) other waste -

Currently, there is no process in place for reclaiming products for reuse, recycling, or disposal. However, our products and their packaging materials can be reused and recycled as follows:

  • Our alloy steel castings (Grinding Media and Castings) are fully recyclable by melting at the end of their life cycle.
  • The packaging materials for our products, such as HDPE bags and MS drums, are recyclable after use.
  • Supporting packaging materials like wooden pallets and metals can also be safely disposed of or recycled.
EI-4. Whether Extended Producer Responsibility (EPR) is applicable to the entity’s activities (Yes/No). If yes, whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted to Pollution Control Boards? If not, provide steps taken to address the same - EPR (Extended Producer Responsibility) does not apply, as our client manages waste collection and disposal as follows:
  • Our alloy steel castings (grinding media and castings) are fully recyclable through melting at the end of their lifespan.
  • Our product packaging consists of either HDPE bags or MS drums, both of which are recyclable after use.
  • Supporting packaging materials like wooden and metal pallets can be safely disposed of or recycled.
  • These products and packaging materials are to be sold to registered recyclers or reused internally, in accordance with the applicable laws of the client's country of operation.
Leadership Indicators
LI-1. Has the entity conducted Life Cycle Perspective/Assessments (LCA) for any of its products (for manufacturing industry) or for its services (for service industry)? If yes, provide details in the following format?

S. No.

NIC code

Name of product/service

% of total turnover contributed

Boundary for which the Life Cycle Perspective/Assessment was conducted

Whether conducted by independent external agency (Yes/No)

Results communicated in public domain
(Yes/No) If yes,
provide the web-link.

No LCA was conducted this year.

LI-2. If there are any significant social or environmental concerns and/or risks arising from production or disposal of your products/services, as identified in the Life Cycle Perspective/Assessments (LCA) or through any other means, briefly describe the same along-with action taken to mitigate the same

S. No.

Name of product/service

Description of the risk/concern

Action taken

NA

0

0

LI-3. Percentage of recycled or reused input material to total material (by value) used in production (for manufacturing industry) or providing services (for service industry).

Indicate input material

Recycled or re-used input material to total material

2023-24

2022-23

Scrap (recycled or reused material)

76.73

75.57

Runner raiser (recycled or reused material)

4.14

2.29

Alloys (Fresh)

19.13

22.14

LI-4. Of the products and packaging reclaimed at end of life of products, amount (in metric tonnes) reused, recycled, and safely disposed, as per the following format:

2023-24

2022-23

Re-used

Recycled

Safely disposed

Re-used

Recycled

Safely disposed

Plastics (including packaging)

NA

NA

NA

NA

NA

NA

E-waste

NA

NA

NA

NA

NA

NA

Hazardous waste

NA

NA

NA

NA

NA

NA

Other waste

NA

NA

NA

NA

NA

NA

Remarks: AIA does not reclaim products at end of their life cycle.

LI-5. Reclaimed products and their packaging materials (as percentage of products sold) for each product category.

Indicate product
category

Reclaimed products and their packaging materials as% of total products sold in respective category

Products - alloy steel castings

0

Remarks: AIA ships its products to clients worldwide and ensures that the packaging material used for the same can be recycled, reused, or repurposed. As we don’t have direct data from our end clients, we have left the table blank, but we understand that most, if not all, of our clients recycle, reuse, or repurpose the packaging material. In case the customer requests it, we have a buyback policy to reclaim the products we sell.

PRINCIPLE 3 Businesses should respect and promote the well-being of all employees, including those in their value chains.
Essential Indicators
EI-1. a. Details of measures for the well-being of employees.

Category

% of employees covered by

Total (A)

Health insurance

Accident insurance

Maternity benefits

Paternity benefits

Day care facilities

Number (B)

% (B/A)

Number (C)

% (C/A)

Number (D)

% (D/A)

Number (E)

% (E/A)

Number (F)

% (F/A)

Permanent employees

Male

1,226

1,226

100.00%

1226

100.00%

0

0.00%

0

0.00%

0

0.00%

Female

4

4

100.00%

4

100.00%

4

100.00%

0

0.00%

0

0.00%

Total

1,230

1,230

100.00%

1230

100.00%

4

0.33%

0

0.00%

0

0.00%

Other than permanent employees

Male

137

137

100.00%

137

100.00%

0

0.00%

0

0.00%

0

0.00%

Female

1

1

100.00%

1

100.00%

1

100.00%

0

0.00%

0

0.00%

Total

138

138

100.00%

138

100.00%

1

0.72%

0

0.00%

0

0.00%

EI-1.b. Details of measures for the well-being of workers.

Category

% of employees covered by

Total (A)

Health insurance

Accident insurance

Maternity benefits

Paternity benefits

Day care facilities

Number (B)

% (B/A)

Number (C)

% (C/A)

Number (D)

% (D/A)

Number (E)

% (E/A)

Number (F)

% (F/A)

Permanent workers

Male

107

107

100.00%

107

100.00%

0

0.00%

0

0.00%

0

0.00%

Female

0

0

0.00%

0

0.0%

0

0.00%

0

0.00%

0

0.00%

Total

107

107

100.00%

107

100.00%

0

0.00%

0

0.00%

0

0.00%

Other than permanent workers

Male

2,763

2,763

100.00%

2,763

100.00%

0

0.00%

0

0.00%

0

0.00%

Female

28

28

100.00%

28

100.00%

28

100.00%

0

0.00%

0

0.00%

Total

2,791

2,791

100.00%

2,791

100.00%

28

1.00%

0

0.00%

0

0.00%

EI-1.c. Spending on measures towards well-being of employees and workers (including permanent and other than permanent) in the following format:
Current financial year

Cost incurred on well-being measures as a % of total revenue of the company

Previous financial year

Cost incurred on well-being measures as a % of total revenue of the company

EI-2. Details of retirement benefits, for Current FY and Previous Financial Year.

Benefits

No. of employees covered as a % of total employees. (CY)

No. of workers covered as a % of total workers. (CY)

Deducted and deposited with the authority (Y/N/N.A.). (CY)

No. of employees covered as a % of total employees. (PY)

No. of workers covered as a % of total workers. (PY)

Deducted and deposited with the authority (Y/N/N.A.). (PY)

PF

100

100

0

100

100

0

Gratuity

96.53

100

0

100

100

0

ESI

12.83

73.26

0

12.62

22.21

0

Others – please specify

0

0

0

0

0

0

EI-3. Are the premises/offices of the entity accessible to differently-abled employees and workers, as per the requirements of the Rights of Persons with Disabilities Act, 2016? If not, whether any steps are being taken by the entity in this regard -

Yes, the premises/offices of the entity are accessible to differently abled employees and workers as per the requirements of the Rights of Persons with Disabilities Act, 2016. The entity has implemented several accessibility features, including ramps at a few plants, man lifts, accessible restrooms, and an occupational health centre with round-the-clock male nurses and a visiting Certified Industrial Hygienist (CIH) doctor.

EI-4. Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? If so, provide a web-link to the policy -

Yes, AIA is an equal opportunity employer and has an Equal Opportunity Policy as per the Rights of Persons with Disabilities Act, 2016, which is covered under its HR Manual. This HR Manual is an internal document and is communicated to new hires and relevant parties during the induction and orientation programme.

EI-5. Return to work and Retention rates of permanent employees and workers that took parental leave.

Gender

Permanent employees

Permanent workers

Return to work rate

Retention rate

Return to work rate

Retention rate

Male

0

0

0

0

Female

0

0

0

0

Total

0

0

0

0

Remarks: NA

EI-6. Is there a mechanism available to receive and redress grievances for the following categories of employees and worker? If yes, give details of the mechanism in brief.
Category
Yes/No (If Yes, then give details of the mechanism in brief)
Permanent workers

Yes, AIA has a grievance redressal & works committee at every unit, which calls for the participation of both contract and permanent workers/employees, unit heads, functional heads, factory managers and HR managers. The grievance redressal mechanism operates as follows:

  • Workers are empowered to approach the factory manager or HR manager as convenient; these managers also make themselves available at the plant and on the shop floor on a regular basis
  • The worker submits a complaint (written/verbal) to the shift or department supervisor, who in turn reports it to his functional head, this is reported to the factory manager and HR.
  • Complaints are addressed and resolved on priority within a month.
  • However, if complaints relate to financial implications and require policy changes, then the same will have to be placed before the grievance redressal committee, which meets quarterly.
  • For sexual harassment, the Company has in place the said policy and required procedures, and a committee has been constituted to address any such issues.
Other than permanent workers

Yes, the Company has a grievance redressal and works committee at each unit, this calls for the participation of both contract and permanent workers/employees, unit heads, functional heads, factory managers, and HR managers. The grievance redressal mechanism operates as follows:

  • Workers have the authority to approach the factory manager or HR manager at their convenience; these managers maintain regular availability on the plant premises and shop floor.
  • A worker submits a complaint (written or verbal) to their shift or department supervisor, who then escalates it to their functional head, subsequently reported to the Factory Manager and HR Manager.
  • Complaints are prioritised and resolved promptly within one month.
  • Complaints involving financial implications or necessitating policy changes are presented at quarterly grievance redressal committee meetings.
  • AIA has established policies and procedures for addressing sexual harassment, with dedicated committees at the Moraiya and Kerala units to handle such issues.
Permanent employees

Yes, at every unit, AIA maintains a grievance redressal and works committee involving contract and permanent workers/employees, unit heads, functional heads, factory managers, and HR managers. The grievance redressal process functions as follows:

  • Employees are encouraged to approach the factory manager or HR manager at their convenience; these managers maintain regular availability on the plant premises and shop floor.
  • An employee submits a complaint (written or verbal) to their shift or department supervisor, who then escalates it to their functional head, and subsequently to the factory manager and HR.
  • Complaints are prioritised and resolved promptly within a month.
  • Complaints involving financial implications or necessitating policy changes are brought before the quarterly grievance redressal committee meeting.
  • The Company has established policies and procedures to address sexual harassment, with dedicated committees at its Moraiya and Kerala units tasked with handling such issues.
Other than permanent employees

Yes, the Company has a grievance redressal and works committee at each unit, involving participation from both contract and permanent workers/employees, unit heads, functional heads, factory managers, and HR managers. The grievance redressal mechanism is structured as follows:

  • Employees have the authority to approach the factory manager or HR manager at their convenience, with both managers regularly available on the plant premises and shop floors.
  • An employee submits a complaint (written or verbal) to their shift or department supervisor, who then reports it to their functional head. The issue is subsequently escalated to the factory manager and the HR department.
  • Complaints are prioritised and resolved within a month.
  • If complaints involve financial implications or necessitate policy changes, they are presented at quarterly meetings of the grievance redressal committee.
  • For cases of sexual harassment, the Company has established policies and procedures. Committees at the Moraiya and Kerala Units are specifically formed to address such issues.
EI-7. Membership of employees and worker in association(s) or Unions recognised by the listed entity:

Category

2023-24

2022-23

Total employees/workers in respective category (A)

No. of employees/workers in respective category, who are part of association(s) or Union(B)

% (B/A)

Total employees/workers in respective category (C)

No. of employees/workers in respective category, who are part of association(s)or Union(D)

%(D/C)

Total permanent employees

1,230

0

0.00%

1,297

0

0.00%

- Male

1,226

0

0.00%

1,291

0

0.00%

- Female

4

0

0.00%

6

0

0.00%

Total permanent workers

107

41

38.32%

177

41

23.16%

- Male

107

41

38.32%

177

41

23.16%

- Female

0

0

0.0%

0

0

0.0%

EI-8. Details of training given to employees and workers:

Category

2023-24

2022-23

Total (A)

On health and safety measures

On skill upgradation

Total (D)

On health and safety measures

On skill upgradation

No. (B)

% (B/A)

No. (C)

% (C/A)

No. (E)

% (E/D)

No. (F)

% (F/D)

Employees

Male

1,363

1,363

100.00%

1,363

100.00%

1,354

461

34.05%

481

35.52%

Female

5

5

100.00%

5

100.00%

7

0

0.00%

0

0.00%

Total

1,368

1,368

100.00%

1,368

100.00%

1,361

461

33.87%

481

35.34%

Workers

Male

2,870

2,870

100.00%

2,870

100.00%

2,902

815

28.08%

663

22.85%

Female

28

28

100.00%

28

100.00%

28

0

0.00%

0

0.00%

Total

2,898

2,898

100.00%

2,898

100.00%

2,930

815

27.82%

663

22.63%

EI-9. Details of performance and career development reviews of employees and worker:

Category

2023-24

2022-23

Total (A)

No. (B)

% (B/A)

Total (C)

No. (D)

% (D/C)

Employees

Male

1,363

1,226

89.95%

1,354

1,291

95.35%

Female

5

4

80.00%

7

6

85.71%

Total

1,368

1,230

89.91%

1,361

1,297

95.30%

Workers

Male

2,870

107

3.73%

2,902

177

6.10%

Female

28

0

0.00%

28

0

0.00%

Total

2,898

107

3.69%

2,930

177

6.04%

EI-10.a. Whether an occupational health and safety management system has been implemented by the entity? (Yes/No). If yes, the coverage of such system? -

Yes, the organisation is certified under ISO 45001:2018 for Occupational Health & Safety Management System. This certification covers two major plants for grinding media manufacturing located at Moraiya Village and the Kerala GIDC unit at Bavla District, Ahmedabad. The other unit, while not ISO 45001:2018 certified, also adheres to OHS protocols.

EI-10.b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by the entity?-

The Company uses the HIRA process, i.e., Hazard Identification and Risk Assessment, to identify work-related hazards and assess risks on a routine and non-routine basis, as per ISO 45001:2018.

EI-10.c. Whether you have processes for workers to report the work related hazards and to remove themselves from such risks. (Y/N) - Yes.

EI-10.d. Do the employees/worker of the entity have access to non-occupational medical and healthcare services? (Yes No)

- Yes, there is a tie-up with hospitals where employees and workers receive benefits under ESIC.

EI-11. Details of safety related incidents, in the following format:
EI-12. Describe the measures taken by the entity to ensure a safe and healthy work place -
  • Implementing occupational health and safety policy, ISO 45001:2018 occupational health and safety management systems. Established clear roles, responsibilities and accountabilities for individuals and teams at all levels of the organisation.
  • Training: We provide safety induction training to our workforce at the time of joining and periodical reorientation.
  • Staff and workers’ participation in safety committee meetings.
  • Conducted safety reviews of the units/plants.
  • Identified work-related hazards and assess risk on activity-wise HIRA i.e., Hazard Identification and Risk Assessment, as per ISO 45001:2018 (OH&SMS).
  • Maintained legal register and complied with other obligations.
  • Reviewed and updated operational controls and procedures.
  • Work permit system and logout: Followed tagout energy isolation system.
  • Identified and eliminated hazards proactively.
  • Emergency preparedness: Conducted personnel trainings on evacuation plan, emergency response plans, including conducting periodic mock drills.
  • Used labels and signs on shop floors.
  • Established contractor management procedures.
  • Ensured entire premises and plant periphery, walkway and zebra crosses are well-defined for men movement traffic.
  • Established the process of incident investigation and corrective actions.
  • Adopted good housekeeping practices, including 5S.
  • Carried out internal and external safety audits periodically.
  • Ensured first aid boxes are provided at prominent places on shop floors and occupational health ccentres.
  • Installed fall prevention – fix lifeline systems on roof accesses.
  • Covered entire premises with fire hydrant system and fire extinguishers.
  • Installed smoke and heat detectors and manual call points.
  • Installed CO2 gas flooding system in electrical panels.
  • Provided PPE kits to all.
EI-13. Number of complaints on the following made by employees and workers:

Category

2023-24

2022-23

Filed during the year

Pending resolution at the end of year

Remarks

Filed during the year

Pending resolution at the end of year

Remarks

Working conditions

0

0

Nil

0

0

Nil

Health & safety

0

0

Nil

0

0

Nil

EI-14. Assessments for the year:
100%

of your plants and offices that were assessed (by entity or statutory authorities or third parties)

Health and safety practices
100%

of your plants and offices that were assessed (by entity or statutory authorities or third parties)

Working conditions
EI-15. Provide details of any corrective action taken or underway to address safety-related incidents (if any) and on significant risks/concerns arising from assessments of health & safety practices and working conditions -
  • AIA has built a central storage silo equipped with automated storage and loading facilities to optimize space utilisation for additives, eliminating over-stacking and manual handling. This has reduced workforce intervention and hydra utilisation, enhancing workplace safety.
  • To enhance roof capacity and eliminate fall hazards, the Company replaced fragile cement sheets with metal roof sheets.
  • A water sprinkler system has been installed in the LPG manifold area to prevent and protect against fire hazards.
Leadership Indicators
LI-1. Does the entity extend any life insurance or any compensatory package in the event of death of (A) Employees (Y/N) (B) Workers (Y/N) -

Yes, the organisation provides life insurance or compensation packages in case of death for both employees and workers. Employees are covered under benefits from the Employees’ State Insurance Corporation (ESIC) and Provident Fund (PF), along with term-life insurance policies and group personal accident benefits where applicable. Similarly, workers are also covered under the ESIC and PF schemes.

LI-2. Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and deposited by the value chain partners -

Regularly monitoring and clearing GST, PF, and ESIC dues on a monthly basis.

LI-3. Provide the number of employees/workers having suffered high consequence work-related injury/ill-health/fatalities (as reported in EI-11 of Essential Indicators above), who have been are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment:

Category

Total no. of affected employees/workers

No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment

2023-24

2022-23

2023-24

2022-23

Employees

0

0

0

0

Workers

0

0

0

0

LI-4. Does the entity provide transition assistance programmes to facilitate continued employability and the management of career endings resulting from retirement or termination of employment? (Yes/No) -

Yes, depending on organisational requirements, retiring employees are offered the opportunity to continue their service as consultants.

LI-5. Details on assessment of value chain partners:
3.7%

of value chain partners (by value of business done with such partners) that were assessed

Health and safety practices
3.7%

of value chain partners (by value of business done with such partners) that were assessed

Working conditions

Remarks: In F.Y. 2023-24, out of 109 material groups that transitioned, we considered the value of 61 material groups and excluded inter-plant transfers.

LI-6. Provide details of any corrective actions taken or underway to address significant risks/concerns arising from assessments of health and safety practices and working conditions of value chain partners -

Following the assessment conducted to address significant health and safety risks or concerns, no deficiencies were identified.

PRINCIPLE 4 Businesses should respect the interests of and be responsive to all its stakeholders.
Essential Indicators
EI-1. Describe the processes for identifying key stakeholder groups of the entity -

Key stakeholders at AIA have been identified based on criteria such as shareholding, manufacturing activities, industries served, and the geographical proximity of manufacturing units. The identification process follows these five steps:

  • Comprehensive review of all stakeholders.
  • Clarification of the purpose of identification
  • Assessment of their long-term and short-term impact on operations.
  • Evaluation of their specific business needs.
  • Prioritisation based on factors such as monetary contribution and relationship duration for customers. Employees are also recognised as key stakeholders due to their crucial role within the organisation. Similarly, suppliers are prioritised based on the criticality of their materials, type of supply, and quantity provided.
EI-2. List stakeholder groups identified as key for your entity and the frequency of engagement with each stakeholder group.

S. no.

Stakeholder group

Whether identified as vulnerable & marginalised group (Yes/No)

Channels of communication (E-mail, SMS, newspaper, pamphlets, advertisement, community meetings, notice board, website), other

Frequency of engagement (annually/half yearly/quarterly/others – please specify)

Purpose and scope of engagement including key topics and concerns raised during such engagement

1

Employees

Yes

E-mail, SMS, and notice board

As and when required

Well-being and occupational health and safety, training, employee satisfaction, grievances, communication on policies and SOPs, among others

2

Investors

Yes

Email, newspaper advertisements, SMS, and meetings

Quarterly, annually and event-based

To collect information, to provide the Company's overall status, to encourage them to give their assent or dissent, and to provide them with information about the corporate benefits available to them.

3

Customers

No

Through field engineers, sales order, E-mails, and SMS

As and when required

Technical specification, quality information on products, safety data and buy back policy

4

Regulators

No

By filing web-based forms, and XBRL forms, among others

As and when required

Submission of required details to govt. agencies, understanding new regulations and laws

5

Communities

No

Engagement by Unit HR directly through area/community representative

As and when required

Impacts on the community, community grievances and benefits to be provided

6

Suppliers

No

E-mail, SMS, purchase order and con call

As and when required

Negotiation, quality, technical discussion, sustainability, product information and specification

Remarks: No concerns were raised during the engagements.

Leadership Indicators
LI-1. Provide the processes for consultation between stakeholders and the Board on economic, environmental, and social topics or if consultation is delegated, how is feedback from such consultations provided to the Board -

The consultation process between stakeholders and the Board occurs during the Annual General Meeting of shareholders and Board Meetings, where stakeholder feedback is presented to the Board. Additionally, information from the Board to stakeholders is communicated through the Annual Report.

LI-2. Whether stakeholder consultation is used to support the identification and management of environmental, and social topics (Yes/No). If so, provide details of instances as to how the inputs received from stakeholders on these topics were incorporated into policies and activities of the entity -

Yes. We have conducted a detailed digital materiality assessment that involved polling both internal and external stakeholders using the double materiality approach. The responses gathered were integrated into our ESG strategy.

LI-3. Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/marginalised stakeholder groups - NA

PRINCIPLE 5 Businesses should respect and promote human rights.
Essential Indicators
EI-1. Employees and workers who have been provided training on human rights issues and policy(ies) of the entity, in the following format:

Category

2023-24

2022-23

Total (A)

No. of employees/workers covered (B)

% (B/A)

Total (C)

No. of employees/workers covered (D)

% (D/C)

Employees

Permanent

1,230

102

8.29%

1,297

180

13.88%

Other than permanent

138

0

0.00%

64

0

0.00%

Total employees

1,368

102

7.46%

1,361

180

13.23%

Workers

Permanent

107

0

0.00%

177

0

0.00%

Other than permanent

2,791

0

0.00%

2,753

0

0.00%

Total workers

2,898

0

0.00%

2,930

0

0.00%

EI-2. Details of minimum wages paid to employees, in the following format:

Category

2023-24

2022-23

Total (A)

Equal to minimum wage

More than minimum wage

Total(D)

Equal to minimum wage

More than minimum wage

No. (B)

% (B/A)

No. (C)

%(C/A)

No.(E)

% (E/D)

No.(F)

% (F/D)

Employees

Permanent

1,230

0

0.00%

1,230

100.00%

1,297

0

0.00%

1,297

100.00%

Male

1,226

0

0.00%

1,226

100.00%

1,291

0

0.00%

1,291

100.00%

Female

4

0

0.00%

4

100.00%

6

0

0.00%

6

100.00%

Other than permanent

138

31

22.46%

107

77.54%

64

0

0.00%

64

100.00%

Male

137

31

22.63%

106

77.37%

63

0

0.00%

63

100.00%

Female

1

0

0.00%

1

100.00%

1

0

0.00%

1

100.00%

Workers

Permanent

107

0

0.00%

107

100.00%

177

0

0.00%

177

100.00%

Male

107

0

0.00%

107

100.00%

177

0

0.00%

177

100.00%

Female

0

0

0.00%

0

0.00%

0

0

0.00%

0

0.00%

Other than permanent

2,791

2,774

99.39%

17

0.61%

2,753

1,070

38.87%

1,683

61.13%

Male

2,763

2,746

99.38%

17

0.62%

2,725

1,045

38.35%

1,680

61.65%

Female

28

28

100.00%

0

0.00%

28

25

89.29%

3

10.71%

EI-3. a. Details of remuneration/salary/wages, in the following format: Median remuneration/wages:

Category

Male

Female

Number

Median remuneration/salary/wages of respective category

Number

Median remuneration/salary/wages of respective category

Board of Directors (BoD)

6

1,90,14,859 (Total Remuneration)

3

23,05,000 (Total Remuneration)

Key Managerial Personnel

4

3,30,23,512 (Total Remuneration)

0

0

Employees other than BoD and KMP

1,366

4,96,260 (Median Remuneration)

5

5,08,605 (Median Remuneration)

Workers

2,870

We do not have access to the data regarding payments made to contract workers. Our payments are made to various contractors, who then manage the payments to the contract workers directly

28

We do not have access to the data regarding payments made to contract workers. Our payments are made to various contractors, who then manage the payments to the contract workers directly

EI-3. b. Gross wages paid to females as % of total wages paid by the entity, in the following format:

Current financial year

Previous financial year

Gross wages paid to females as % of total wages

0

0

Remarks: As there are very few female workers, % of their wages is not comparable with Gross wages.

EI-4. Do you have a focal point (Individual/Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business? (Yes/No) - Yes

EI-5. Describe the internal mechanisms in place to redress grievances related to human rights issues -

Yes, the Company has a grievance redressal framework in place to address human rights-related grievances. This includes a Grievance Redressal Forum located at its registered unit in Odhav, a dedicated E-mail, and a suggestion box. Furthermore, grievance redressal mechanism operates as follows:

  • Employees and workers have the option to approach the HR manager or factory manager at their convenience. These managers ensure regular availability at both the plant and shop floor.
  • Complaints can be submitted in written or verbal form to the shift/department supervisor or functional head, who then escalate them to higher authorities, including the factory manager and HR department.
  • Complaints are prioritised and resolved within a month.
  • Issues involving financial implications or requiring policy changes are brought before the grievance redressal committee, which meets quarterly.
  • Specific policies and procedures are implemented to address cases of sexual harassment, with dedicated committees established at the Moraiya and Kerala units. For more details on the Company’s policies and procedures, please visit: hyperlink this with the following link: https://aiaengineering.com/investor-policy/
EI-6. Number of complaints on the following made by employees and workers:

Category

2023-24

2022-23

Filed during the year

Pending resolution at the end of year

Remarks

Filed during the year

Pending resolution at the end of year

Remarks

Sexual harassment

0

0

0

0

Discrimination at workplace

0

0

0

0

Child labour

0

0

0

0

Forced labour/Involuntary labour

0

0

0

0

Wages

0

0

0

0

Other human rights related issues

0

0

0

0

EI-7. Complaints filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, in the following format:

Particulars

Current financial year

Previous financial year

Total complaints reported under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH)

0

0

Complaints on POSH as a % of female employees/workers

0

0

Complaints on POSH upheld

0

0

EI-8. Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases -

Certainly. Yes, the Company has implemented several measures to prevent adverse consequences to complainants in cases of discrimination and harassment. At its Registered Unit in Odhav, there is a Grievance Redressal Forum, along with a dedicated e-mail and a suggestion box for reporting concerns. Employees are encouraged to approach the HR manager at their convenience, and they can submit complaints (written or verbal) to their functional heads, which are then escalated to the HR department. Complaints are addressed and resolved on priority basis within one month.

Furthermore, AIA has established an Internal Complaints Committee (ICC) specifically to handle complaints of sexual harassment. The Company is committed to fostering a healthy and supportive work environment where women can operate without fear of gender bias, prejudice, or harassment. Measures are in place to ensure no adverse consequences for complainants, with issues addressed in a fair and transparent manner. Details and the inquiry process are treated with strict confidentiality.

Moreover, if the aggrieved person is unable to file a complaint due to physical incapacity, a relative, friend, co-worker, an officer from the National Commission for Women or State Women’s Commission, or any informed person may file a complaint on their behalf with their written consent.

EI-9. Do human rights requirements form part of your business agreements and contracts? (Yes/No) - Yes

EI-10. Assessments for the year:

EI-11. Provide details of any corrective actions taken or underway to address significant risks/concerns arising from the assessments at EI-10 above - Not Applicable

Leadership Indicators
LI-1. Details of a business process being modified/introduced as a result of addressing human rights grievances/complaints -

No business process was modified/introduced as a result of addressing human rights grievances.

LI-2. Details of the scope and coverage of any Human rights due-diligence conducted -

Currently, our Human Rights due diligence extends exclusively to internal employees. However, there are plans to expand this coverage to include the supply chain (upstream) in the future.

LI-3. Is the premise/office of the entity accessible to differently abled visitors, as per the requirements of the Rights of Persons with Disabilities Act, 2016? -

Yes, the entity’s premises/offices comply with the provisions of the Rights of Persons with Disabilities Act, 2016, ensuring accessibility for differently abled visitors. They have installed ramps at several locations, provided a manlift, and ensured accessible restroom facilities. Additionally, there is an Occupational Health Centre staffed with male nurses available around the clock, along with visits from a CIH-Certified Doctor.

LI-4. Details on assessment of value chain partners:
LI-5. Provide details of any corrective actions taken or underway to address significant risks/concerns arising from the assessments at LI-4 above -

No shortcomings were identified.

PRINCIPLE 6 Businesses should respect and make efforts to protect and restore the environment.
Essential Indicators
EI-1. Details of total energy consumption (in Giga Joules) and energy intensity, in the following format:

Parameter

FY 2023-24

FY 2022-23

From renewable sources

Total electricity consumption (A)

3,06,457.92

2,21,140.34

Total fuel consumption (B)

0

0

Energy consumption through other sources ( C )

0

0

Total energy consumed from renewable sources (A+B+C)

3,06,457.92

2,21,140.34

From non-renewable sources

Total electricity consumption (D)

9,60,197.05

10,57,189.24

Total fuel consumption (E)

5,36,487.4341

4,75,655

Energy consumption through other sources (F)

0

0

Total energy consumed from non-renewable sources (D+E+F)

14,96,684.48

15,32,844.24

Total energy consumed (A+B+C+D+E+F)

18,03,142.40

17,53,984.58

Energy intensity per rupee of turnover (Total energy consumption/ turnover in rupees)

4.35 GJ / Lakh

4.34 GJ / Lakh

Energy intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total energy consumed / Revenue from operations adjusted for PPP)

97.47 GJ / Lakh $

96.13 GJ / Lakh $

Energy intensity in terms of physical output

6.30 GJ / MT

6.28 GJ / MT

Energy intensity (optional) – the relevant metric may be selected by the entity

-

-

Remarks- For the FY 2022-2023, electricity consumption data does not contain consumption for Odhav Main Office U-3, Kujad Plant and other ancillary Plants of Moraiya & Kerala GIDC.

However, for FY 2023-2024, we have included the electricity consumption for the above plants too.

EI-1. Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency.

No.

EI-2. Does the entity have any sites/facilities identified as designated consumers (DCs) under the Performance, Achieve and Trade (PAT) Scheme of the Government of India? (Y/N) If yes, disclose whether targets set under the PAT scheme have been achieved. In case targets have not been achieved, provide the remedial action taken, if any.

Not Applicable

EI-3. Provide details of the following disclosures related to water, in the following format:

Parameter

2023-24

2022-23

Water withdrawal by source (in kilolitres)

(i) Surface water

0

0

(ii) Groundwater

1,99,931

2,11,312

(iii) Third party water

71,120

58,752

(iv) Seawater/desalinated water

0

0

(v) Others

0

0

Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)

2,71,051

2,70,064

Total volume of water consumption (in kilolitres)

3,13,800

3,00,708

Water intensity per rupee of turnover (Water consumed/turnover)

0.7572 KL/Lakh

0.7435 KL/Lakh

Water intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total water consumption/Revenue from operations adjusted for PPP)

16.9624 KL/Lakh$

16.4801 KL/Lakh$

Water intensity in terms of physical output

1.0971 KL/MT

1.0768 KL/MT

Water intensity (optional) – the relevant metric may be selected by the entity. KL/KL of Water withdrawal

1.16

1.11

Remarks: For water consumption calculations, we have accounted for 42,749 KL of reused water in 2023-24 and 30,644 KL in 2022-23.

EI-3. Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency- No.

EI-4. Provide the following details related to water discharged: Water discharge by destination and level of treatment (in kilolitres)

Parameter

2023-24

2022-23

Water discharge by destination and level of treatment (in kilolitres)

(i) To surface water

- No treatment

0

0

- With treatment

0

0

(ii) To groundwater

- No treatment

0

0

- With treatment

0

0

(iii) To seawater

- No treatment

0

0

- With treatment

0

0

(iv) Sent to third-parties

- No treatment

0

0

- With treatment

0

0

(v) Others

- No treatment

0

0

- With treatment

0

0

Total water discharged (in kilolitres)

0

0

EI-4. Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency.

- No.

EI-5. Has the entity implemented a mechanism for Zero Liquid Discharge? If yes, provide details of its coverage and implementation.

- Yes, AIA effectively utilises all treated wastewater. Domestic wastewater undergoes treatment and is reused for purposes like cooling tower operations, gardening, and toilet flushing. Furthermore, the cooling tower blowdown is repurposed for cooling slag and sand. To reduce cooling tower blowdown, the Kerala GIDC unit has established an air-type dry cooling tower for water cooling purposes.

EI- 6. Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:

Parameter

NOx

SOx

Particulate matter (PM)

Persistent organic pollutants (POP)

Volatile organic compounds (VOC)

Hazardous air pollutants (HAP)

Others

Please specify unit

ppm

ppm

mg/nm3

0

0

0

0

Current financial year

4.94

10.73

50.91

NA

NA

NA

NA

Previous financial year

4.64

5.77

36.19

NA

NA

NA

NA

Parameter

Please specify unit

Current financial year

Previous financial year

NOx

ppm

4.94

4.64

SOx

ppm

10.73

5.77

Particulate matter (PM)

mg/nm3

50.91

36.19

Persistent organic pollutants (POP)

0

NA

NA

Volatile organic compounds (VOC)

0

NA

NA

Hazardous air pollutants (HAP)

0

NA

NA

Others

0

NA

NA

NA - Not Applicable

EI-6. Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency -

Yes, third-party environmental monitoring for our Ahmedabad region unit has been carried out by M/s. Akshar Consultants, an external agency approved by SPCB as environmental auditors and accredited by NABL as a laboratory.

EI-7. Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) in MTCO2E & its intensity, in the following format:

Parameter

Unit

2023-24

2022-23

Total Scope 1 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available)

TCO2e

32,793.68

28,474.83

Total Scope 2 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available)

TCO2e

1,89,372.20

2,37,867.58

Total Scope 1 and Scope 2 emission intensity per rupee of turnover

TCO2e / rupee of turnover

0.5361 TCO2e / Lakh

0.6585 TCO2e / Lakh

Total Scope 1 and Scope 2 emission intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)

TCO2e / rupee of turnover

12.0091 TCO2e / Lakh $

14.5967 TCO2e / Lakh $

Total Scope 1 and Scope 2 emission intensity in terms of physical output

TCO2e / MT Production

0.7768 TCO2e / MT

0.9312 TCO2e / MT

Total Scope 1 and Scope 2 emission intensity (optional) – the relevant metric may be selected by the entity

-

-

-

Remarks- For the FY 2022-2023, electricity consumption data does not contain consumption for Odhav Main Office U-3, Kujad Plant and other ancillary Plants of Moraiya & Kerala GIDC.

However, for FY 2023-2024, we have included the electricity consumption for the above plants too.

AIA Engineering invests in generation of renewable electricity through wind and solar and consumes in its own operations and gets credit from the electricity provider. However, in the FY 2022-2023, the share of renewable electricity generation was not accounted for, hence the Scope 2 emissions were higher. We have accounted for the same this year and re-stated the Scope 2 emissions for the FY 2022-2023 reflecting the same.

EI-7. Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency.

- No.

EI-8. Does the entity have any project related to reducing Green House Gas emission? If yes, then provide details .
-

Yes, AIA through its CSR Foundation, in collaboration with the ARC foundation Gandhinagar, has launched an extensive tree plantation initiative to reduce GHG emissions.

To date, a total of 4,70,000 trees have been planted, including approximately 1,00,000 trees in the year 2023-24 at various locations: BDE-Chiloda, Deesa-BSF, Chiloda Air Force Colony, Air Force Recruitment Board Gandhinagar, Ahmedabad Military Cantonment Board, Baroda Military Cantonment, and Baroda Air Force. Quarterly assessments are conducted to evaluate the impact of this ongoing initiative.

Additionally, AIA continues its tree plantation programme, aiming to reduce an estimated 2,500 MT CO2e of GHG emissions annually for every 1,00,000 trees planted.

Furthermore, AIA has installed 11 wind energy turbines with a total installed capacity of 31.8 MW and 3 sets of Hybrid (Wind+Solar) Plants having installed capacity of 4.4 MW. In the fiscal year 2023-24, AIA generated 85,127.199 MWh of electricity from renewable sources, contributing to offsetting 60,440 tonnes of CO2 emissions.

EI-9. Provide details related to waste management by the entity, in the following format:

Parameter

2023-24

2022-23

Total waste generated (in metric tonnes)

Plastic waste (A)

293.00

274.00

E-waste (B)

1.25

1.26

Bio-medical waste (C)

0.01

0.01

Construction and demolition waste (D)

0.00

0.00

Battery waste (E)

10.29

2.74

Radioactive waste (F)

0.00

0.00

Other hazardous waste (Used oil, waste residues containing oil , and MS drums/barrel and other empty containers) (G)

166.24

90.52

Other non-hazardous waste generated (H) (Waste sand (sand/dust), Slag)
(Break-up by composition i.e. by materials relevant to the sector)

1,40,369.00

1,36,144.00

Total (A + B + C + D + E + F + G + H)

1,40,839.79

1,36,512.53

Waste intensity per rupee of turnover (Total waste generated/Revenue from operations)

0.3399 MT/Lakh

0.3375 MT/Lakh

Waste intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total Waste Generated/Revenue from operations adjusted for PPP)

7.6131 MT/Lakh$

7.4815 MT/Lakh$

Waste intensity in terms of physical output

0.4924 MT/MT

0.4888 MT/MT

Waste intensity (optional) the relevant metric may be selected by the entity

-

-

For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations (in metric tonnes)

Total waste generated (in metric tonnes)

Category of waste - Plastic

(i) Recycled

293.00

274.24

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

293.00

274.24

Category of waste - E-waste

(i) Recycled

1.25

1.26

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

1.25

1.26

Category of waste - Biomedical waste

(i) Recycled

0.00

0.00

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

0.00

0.00

Category of waste - Construction and demolition waste

(i) Recycled

0.00

0.00

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

0.00

0.00

Category of waste - Battery waste

(i) Recycled

10.29

2.74

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

10.29

2.74

Category of waste - Radioactive waste

(i) Recycled

0.00

0.00

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

0.00

0.00

Category of waste - Other hazardous waste

(i) Recycled (Used oil, MS drums/barrel and other empty containers )

103.52

74.51

(ii) Re-used

0.00

0.00

(iii) Other recovery operations

0.00

0.00

Total

103.52

74.51

Category of waste - Other non-hazardous waste

(i) Recycled (Waste sand)

16,307.00

14,457.00

(ii) Re-used

0.00

0.00

(iii) Other recovery operations (Slag)

12,922.00

7,863.00

Total

29,229.00

22,320.00

For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes)

Parameter

2023-24

2022-23

Category of waste - Plastic

(i) Incineration

0.00

0.00

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.00

0.00

Category of waste - E-waste

(i) Incineration

0.00

0.00

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.00

0.00

Category of waste - Biomedical waste

(i) Incineration

0.01

0.01

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.01

0.01

Category of waste - Construction and demolition waste

(i) Incineration

0.00

0.00

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.00

0.00

Category of waste - Battery

(i) Incineration

0.00

0.00

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.00

0.00

Category of waste - Radioactive

(i) Incineration

0.00

0.00

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

0.00

0.00

Category of waste - Other hazardous waste generated

(i) Incineration (waste residues containing oil)

62.72

16.01

(ii) Landfilling

0.00

0.00

(iii) Other disposal operations

0.00

0.00

Total

62.72

16.01

Category of waste - Other non-hazardous waste generated

(i) Incineration

0.00

0.00

(ii) Landfilling (Waste sand (sand/dust))

1,16,166.00

1,13,824.00

(iii) Other disposal operations

0.00

0.00

Total

1,16,166.00

1,13,824.00

Remarks: Other hazardous waste includes used oil, residues containing oil, and MS drums/containers. Other non-hazardous wastes includes waste sand and slag.

EI-9.Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency.

- No.

EI-10. Briefly describe the waste management practices adopted in your establishments. Describe the strategy adopted by your company to reduce usage of hazardous and toxic chemicals in your products and processes and the practices adopted to manage such wastes -

Waste Management Practices: At our establishment, we prioritise waste reduction, reuse, and recycling in accordance with a waste hierarchy approach, aligning closely with the principles of the circular economy. Our strategies include:

  • Reducing Waste Generation: We optimise the use of resources, including minerals, to minimise waste at its origin.
  • Reuse and Recycling: We actively seek opportunities to reuse waste both internally and externally, such as by utilising foundry waste and other materials as alternative raw materials or fuel through co-processing.
  • Compliance and Best Practices: We surpass legal requirements in waste management and incorporate industry-leading best practices into our operations.
  • Environmental Stewardship: Recognising the environmental consequences of improper waste disposal, we employ robust mechanisms for waste treatment and disposal.
Specific Practices:
  • Eco-friendly Brick Production: Utilising foundry waste materials such as sand and plastic, we manufacture eco-friendly bricks and paver blocks. In the previous year, we utilized approximately 150 MT of waste materials to produce over 50,000 bricks and paver blocks. Similarly, for F.Y. 2023-24, we continued this practice, using 172 MT of waste material to manufacture 57,000 bricks and paver blocks, contributing to sustainable construction practices.
  • Co-processing with Ambuja Cement: We engage in co-processing with Ambuja Cement to reuse waste silica sand generated by foundry operations in cement kilns. In F.Y. 2022-23, 14,457 tonnes of waste silica sand were utilized for co-processing. Similarly, for F.Y. 2023-24, we continued this practice, utilizing 16,307 tonnes of silica sand for co-processing at Ambuja Cement Limited (an Adani Group company), ensuring regulatory compliance and sustainable waste disposal.
  • Organic Waste Utilisation: Kitchen and canteen waste are converted into organic manure through in-house composting machines and external waste management agencies. Approximately 70 MT of canteen and kitchen waste were effectively utilized for organic manure production and composting in F.Y. 2022-23. Similarly, in F.Y. 2023-24, we converted 67 MT of kitchen waste into organic manure.
  • Waste Sand: The Company has integrated mechanical and thermal reclaimers to recycle its molding sand, reducing the requirement for silica sand by 80%. The waste sand generated is used in co-processing in cement kilns and for making bricks and paver blocks.
  • Slag: Slag is reprocessed in our captive slag processing plant for metal recovery, with the recovered metal reused as raw material in foundry operations. In F.Y. 2022-23, a total of 7,863 tonnes of slag were processed in the Slag Processing Plant, recovering 900 tonnes of metal. Similarly, for F.Y. 2023-24, 12,922 tonnes of slag were processed, recovering 1,099 tonnes of metal.
  • Hazardous Waste Management: We prioritise the reuse and recycling of hazardous waste to promote a circular economy and minimize environmental impact. Our practices include:
    • Partnerships with approved facilities for decontamination, recycling, and disposal of hazardous waste components like containers, oils, e-waste, batteries, and biomedical waste.
    • Transportation and disposal of all hazardous waste using registered vehicles and in compliance with regulatory standards.
  • Non-Hazardous Waste Management: Our practices for managing non-hazardous waste include:
      • Recycling and internal or external reuse of waste materials like silica sand, slag, and refractory materials for various purposes such as co-processing, brick making, and metal recovery.
      • Sale of commercial waste materials like paper, wood, and rubber to designated vendors for further processing or reuse.
  • Our waste management policies and practices are detailed in our Waste Management Circular Economy Policy, underscoring our commitment to sustainability and environmental responsibility.
Hazardous Waste:

Hazardous waste is being disposed of by following the hierarchy of disposal to create wealth from waste to promote a circular economy. To ensure material conservation, top priority is given to the co-processing and/or recycling facility rather than TSDF/ INC for hazardous waste disposal.

  • We have a MoU with an SPCB-approved decontamination facility for the reuse of waste containers and recycling of liner and plastics bags.
  • Used/waste oil generated is sold only to registered recyclers.
  • E-Waste is being disposed of with a registered e-waste recycler.
  • Battery waste is being sold to registered battery/lead recyclers only.
  • Bio-medical waste from OHC is being disposed of with a registered biomedical waste incineration facility.
  • The waste residues containing oil i.e., oily sludge generated at our plants are disposed of in SPCB approved CHWIF (Incineration).
  • All hazardous waste is transported to disposal facility by registered vehicles.
EI-11. If the entity has operations/offices in/around ecologically sensitive areas (such as national parks, wildlife sanctuaries, biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation zones etc.) where environmental approvals/ clearances are required, please specify details in the following format:

Location of operations/offices

NA

Type of operations

0

Whether the conditions of environmental approval/clearance are being complied with? (Y/N) If no, the reasons thereof and corrective action taken, if any.

0

EI-12. Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in the current financial year:

Name and brief details of project

NA

EIA notification no.

0

Date

0

Whether conducted by independent external agency (Yes/No)

0

Results communicated in public domain (Yes/No)

0

Relevant web link

0

Remarks: Not Applicable

EI-13. Is the entity compliant with the applicable environmental law/regulations/guidelines in India; such as the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment protection act and rules thereunder (Y/N). If not, provide details of all such non-compliances, in the following format:

Specify the law/regulation/guidelines which was not complied with

Yes, AIA is completely compliant.

Provide details of the non-compliance

NA

Any fines/penalties/action taken by regulatory agencies such as pollution control boards or by courts

NA

Corrective action taken, if any

NA

Remarks: Not Applicable

Leadership Indicators
LI-1.Water withdrawal, consumption and discharge in areas of water stress (in kilolitres):

(i) Name of the area- Not Applicable

LI-1.Water withdrawal, consumption and discharge in areas of water stress (in kilolitres):

(ii) Nature of operations - Not Applicable

LI-1.Water withdrawal, consumption and discharge in areas of water stress (in kilolitres): Water withdrawal, and consumption in the following format:

Parameter

2023-24

2022-23

Water withdrawal by source (in kilolitres)

(i) Surface water

0

0

(ii) Groundwater

0

0

(iii) Third party water

0

0

(iv) Seawater/desalinated water

0

0

(v) Others

0

0

Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)

0

0

Total volume of water consumption (in kilolitres)

0

0

Water intensity per rupee of turnover (Water consumed/turnover)

0.0000 KL/Lakh

0.0000 KL/Lakh

Water intensity (optional) – the relevant metric may be selected by the entity.KL/KL of Water withdrawal

0.00

0.00

Water discharge by destination and level of treatment (in kilolitres)

(i) To surface water

- No treatment

0

0

- With treatment

0