BSEOthers2 Sept 2026 · 2 Sept 2026, 03:20 pm
We are enclosing herewith the Business Responsibility and Sustainability Report of our Company for the financial year 2025-26.
Man Industries (India) Ltd-$ · 513269
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Man Industries (India) Ltd. has enclosed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as per Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Man Industries (India) Ltd-$ - 513269 - Business Responsibility and Sustainability Reporting (BRSR)
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September 2, 2026
To, To,
BSE Limited National Stock Exchange of India Ltd.
1st Floor, New Trading Ring, Exchange Plaza, 5th Floor,
Rotunda Building, Plot No. C/1, G block,
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex,
Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051.
Scrip Code: 513269 Scrip ID: MANINDS
Sub.: Business Responsibility and Sustainability Report for the financial year 2025-26.
Pursuant to Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing herewith the Business Responsibility and Sustainability Report
(“BRSR”) of our Company for the financial year 2025-26.
The BRSR forms part of the Company's 38th Annual Report 2025-26.
This is for your kind information and record.
Thanking you,
Yours faithfully,
For Man Industries (India) Limited
Rahul Rawat
Company Secretary
M. No.: A27891
Encl.: As above
ANNEXURE ‘B’ TO DIRECTOR REPORT
Business Responsibility and Sustainability Reporting (BRSR)
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
Required Information
1 Corporate Identity Number (CIN) of the Listed Entity L99999MH1988PLC047408
2 Name of the Listed Entity Man Industries (India) Limited
3 Year of incorporation 1988
4 Registered office address Man House, 101, S. V. Road, Opp. Pawan Hans, Vile Parle
(W), Mumbai - 400 056
5 Corporate address Man House, 101, S. V. Road, Opp. Pawan Hans, Vile Parle
(W), Mumbai - 400 056
6 E-mail cs@maninds.org
7 Telephone 022 6647 7500
8 Website www.mangroup.com
9 Financial year for which reporting is being done 2025-26
10 Name of the Stock Exchange(s) where shares are listed Bombay Stock Exchange (BSE) and National Stock
Exchange (NSE)
11 Paid-up Capital (in Rs.) 37,50,47,855
12 Name and contact details (telephone, email address) of the Name: Mr. Rahul Rawat
person who may be contacted in case of any queries on the Designation: Company Secretary
BRSR report Telephone Number: 022 6647 7500
E-mail ID: cs@maninds.org
13 Reporting boundary - Are the disclosures under this report Standalone basis
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).
14 Name of assessment or assurance provider Not Applicable (No assurance obtained)
15 Type of assessment or assurance obtained Not Applicable (No assurance obtained)
16 Details of business activities (accounting for 90% of the turnover):
Sl. Description of Main Activity Description of Business % of Turnover of the entity
No Activity
1 Manufacturing Manufacture of steel pipes and 100
pipe coating systems
40 | Man Industries (India) Ltd.
17 Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
Sl. % of total Turnover
Product / Service NIC Code
No contributed
1 Manufacture of LSAW, HSAW and ERW 24311 100
carbon steel pipes, and pipe coating
systems.
18 Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 2 2 4
International 0 1 1
19 Market Served by the entity:
a. Number of locations
Locations Number
National (No. of States) 16-17 (PAN India)
International (No. of 20+
Countries)
b. What is the contribution of 79.10%
exports as a percentage of the
total turnover of the entity?
c. A brief on type of customers The Company serves a diversified portfolio of reputed domestic and international
clients across sectors such as oil & gas, petrochemicals, water transmission,
dredging and fertilizers.
Domestic Clients: GAIL, IOCL, HPCL, BPCL, ONGC, Reliance, Adani, EIL,
BHEL, L&T, Petronet India Limited and several other leading organizations.
International Clients: Shell, Kinder Morgan, Energy Transfer (USA), Kuwait
Oil Company, Hyundai Engineering & Construction Co. Ltd., Petro Bangla
(Bangladesh), NPCC (Abu Dhabi), Petrobras (Brazil) and several other
globally recognized organizations.
20 Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
Sl. Male Female
Particulars Total (A)
No No.(B) % (B/A) No.(C) % (C/A)
Employees
1 Permanent (D) 501 488 97.41% 13 2.59%
2 Other than Permanent (E) 131 131 100.00% 0 0.00%
3 Total employees (D+E) 632 619 97.94% 13 2.06%
Workers
4 Permanent (F) 324 320 98.77% 4 1.23%
5 Other than Permanent (G) 1524 1524 100.00% 0 0.00%
6 Total workers (F+G) 1848 1844 99.78% 4 0.22%
Annual Report 2025-26 | 41
b. Differently abled Employees and workers:
Sl. Male Female
Particulars Total (A)
No No.(B) % (B/A) No.(C) % (C/A)
Differently Abled Employees
1 Permanent (D) 1 1 100.00% 0 0.00%
2 Other than Permanent (E) 0 0 0.00% 0 0.00%
3 Total differently abled employees (D+E) 1 1 100.00% 0 0.00%
Differently Abled Workers
4 Permanent (F) 3 3 100.00% 0 0.00%
5 Other than Permanent (G) 4 4 100.00% 0 0.00%
6 Total differently abled workers (F+G) 7 7 100.00% 0 0.00%
21 Participation/Inclusion/Representation of women:
Total (A) No. and percentage of Females
No. (B) % (B / A)
Board of Directors (in Nos.) 6 2 33.33%
Key Management Personnel (in Nos.) 2 0 0.00%
22 Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)
FY 2025-26 FY 2024-25 FY 2023-24
(Turnover rate in current (Turnover rate in previous (Turnover rate in the year
FY) FY) prior to the previous FY)
Male Female Total Male Female Total Male Female Total
Permanent Employees 28.75% 21.43% 28.54% 16.56% 6.67% 16.25% 24.16% 0.00% 24.16%
Permanent Workers 20.33% 0.00% 20.09% 6.02% 0.00% 5.95% 15.83% 0.00% 15.83%
23 a. Name of holding / subsidiary / associate companies / joint ventures
Sl. Name of the holding / subsidiary/ Indicate whether % of Does the entity indicated
No associate companies / joint holding/ shares at column A, participate in
ventures (A) Subsidiary/ held by the Business Responsibility
Associate/Joint listed initiatives of the listed
Venture entity entity? (Yes/No)
1. Merino Shelters Private Limited Subsidiary 100% No
2. Man Overseas Invest FZCO Subsidiary 100% No
3. Man Offshore and Drilling Limited Subsidiary 100% No
4. Man Stainless Steel Tubes Limited Subsidiary 100% No
5. Man International Steel Industries Subsidiary 100% No
Company
24 (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) Yes
(ii) Turnover (Rs. In Lakhs) 3,45,524.54
(iii) Net worth (Rs. In Lakhs) 1,92,204.84
42 | Man Industries (India) Ltd.
VII. Transparency and Disclosure Compliances
25 Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible
Business Conduct:
Grievance FY 2025 - 26 FY 2024 - 25
Redressal
Mechanism Number of Number of
Stakeholder Number of Number of
in Place (Yes/ complaints complaints
group from whom complaints complaints
No) (If Yes, pending pending
complaint is filed Remarks filed Remarks
then provide resolution resolution
received during the during the
web-link for at close of at close of
year year
grievance the year the year
redress policy)
Communities Yes Nil
Investors (other than Yes
shareholders)*
Shareholders* Yes 18 0 All 9 0 Nil
complaints
were
resolved
within the
applicable
timelines
Employees and Yes
workers
Customers Yes
Value Chain Partners Yes
Other (please -
specify)
* Investors including Bond Holders/Shareholder are covered
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
Indicate
Financial implications of
Material whether In case of risk,
Sl. Rationale for identifying the the risk or opportunity
issue identi- Risk or approach to adapt
No risk / opportunity (Indicate positive or
fied opportunity or mitigate
negative implications)
(R/O)
1 En
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