View document text
Ref No.: OTL/Secretarial/SE/2026-27/31
Date: June 22, 2026
Bombay Stock Exchange Limited National Stock Exchange of India Ltd.,
Phiroz Jeejeebhoy Towers, Plot No. C/1 'G' Block
Dalal Street, Mumbai – 400023 Bandra – Kurla Complex
Bandra East, Mumbai 400051
Ref: Scrip Code - BSE: 517536 NSE: ONWARDTEC
Subject: Submission of Business Responsibility and Sustainability Report for Financial Year (FY) 2025-26
Dear Sir/Madam,
Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we are submitting herewith the Business Responsibility and
Sustainability Report for Financial Year (FY) 2025- 26, which also forms part of the Annual Report for FY
2025- 26, submitted to the Exchanges.
This is for your information and records
For Onward Technologies Limited
Aakash Joshi
Company Secretary & Compliance Officer
Membership No :- A60953
Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570
CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com
Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto
01 Corporate 26 Statutory 115 Financial
25 Overview 114 Reports 259 Statements
Business Responsibility & Sustainability Report
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the Listed - L28920MH1991PLC062542
Entity
2. Name of the Listed Entity - Onward Technologies Limited
3. Year of incorporation - July 18,1991
4. Registered office address - Sterling Centre, 2nd floor, Dr A.B. Road, Worli, Mumbai,
Maharashtra, 400018.
5. Corporate address - 5th floor Almonte IT Park Next to Radisson Blu Hotel
Kharadi Pune, 411014
6. E-mail - compliance@onwardgroup.com
7. Telephone - 022-24926570
8. Website - www.onwardgroup.com
9. Financial year for which reporting is being done - FY 2025-26
10 Name of the Stock Exchange(s) where shares are - BSE Limited;
listed National Stock Exchange of India Limited
11. Paid-up Capital - ` 22,75,38,700
12. Name and contact details (telephone, email - Mr. Aakash Joshi,
address) of the person who may be contacted in Company Secretary & Compliance Officer
case of any queries on the BRSR report (9819158115) & compliance@onwardgroup.com
13. Reporting boundary - Disclosures made in this report are on a standalone
basis.
14. Name of assurance provider - Not Required as per SEBI Mandate
15. Type of assurance obtained - Currently Onward Technologies Limited has not
obtained any assurance
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):
S. No. Description of % of Turnover of
Description of Business Activity
Main Activity the entity
1 Computer Onward Technologies Limited a software outsourcing 100%
programming company specializing in digital and engineering research
activities, & development (ER&D) services for global clients.
consultancy and Headquartered in Mumbai, India, the company works
other information closely with customers across North America and Europe,
technology related supporting product development and engineering
services initiatives across sectors such as Industrial Equipment,
Off-Highway, Energy, Data Centers, Automotive, Rail
Transportation, Healthcare and Life Sciences
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
% of total Turnover
S. No. Product/Service NIC Code
contributed
1 Providing software support and 62013 100%
maintenance to the clients
01 Annual Report 2025-26
Onward Technologies Limited
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 0 7 7
International 0 5 5
19. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) 4
International (No. of Countries) 5
b. What is the contribution of exports as a percentage of the total turnover of the entity?
c. A brief on types of customers
T he company is specialized in digital and engineering research & development (ER&D) services for
global clients. Headquartered in Mumbai, India, the company works closely with customers across North
America and Europe, supporting product development and engineering initiatives across sectors such
as Industrial Equipment, Off-Highway, Energy, Data Centers, Automotive, Rail Transportation, Healthcare
and Life Sciences
IV. Employees
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
S. Total Male Female
Particulars
No. (A) No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1. Permanent (D) 2359 1863 78.97% 496 21.03%
2. Other than Permanent (E) 0 0 0 0 0
3. Total employees (D + E) 2359 1863 78.97% 496 21.03%
WORKERS
4. Permanent (F)
5. Other than Permanent (G)
6. Total workers (F + G) NA
b. Differently abled Employees and workers:
S. Total Male Female
Particulars
No (A) No. (B) % (B / A) No. (C) % (C / A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent (D)
2. Other than Permanent (E) NA
3. Total differently abled employees (D + E)
DIFFERENTLY ABLED WORKERS
4. Permanent (F)
5. Other than permanent (G) NA
6. Total differently abled workers (F + G)
01 Corporate 26 Statutory 115 Financial
25 Overview 114 Reports 259 Statements
21. Participation/Inclusion/Representation of women
Total No. and percentage of Females
(A) No. (B) % (B / A)
Board of Directors 7 1 14.29%
Key Management Personnel 2 0 0%
22. Turnover rate for permanent employees and workers
(Disclose trends for the past 3 years)
FY 2025-2026 FY 2024-2025 FY2023-2024
(Turnover rate in (Turnover rate in (Turnover rate in the year
current FY) previous FY) prior to the previous FY)
Male Female Total Male Female Total Male Female Total
Permanent 38.35% 36.30% 37.93% 40.80% 38.75% 40.40% 31.40% 32.09% 31.54%
Employees
Permanent
Workers
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
S. Name of the holding / Indicate whether % of Does the entity indicated
No. subsidiary / associate holding/ Subsidiary/ shares at column A, participate in
companies / joint ventures Associate/ Joint Venture held by the Business Responsibility
(A) listed initiatives of the listed entity?
entity (Yes/No)
1. Onward Technologies, Inc Wholly owned Subsidiary 100% Yes
2. Onward Technologies GmbH Wholly owned Subsidiary 100% Yes
3. Onward Technologies Wholly owned Subsidiary 100% Yes
Canada Inc.
4. Onward Technologies BV Wholly owned Subsidiary 100% Yes
5. OT Park Private Limited Wholly owned Subsidiary 100% Yes
VI. CSR Details
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) - Yes
(ii) Turnover (in Lakhs) - `41677.36
(iii) Net worth (in Lakhs) – `21390.70
VII. Transparency and Disclosures Compliances
25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on
Responsible Business Conduct:
FY 2025-2026 FY 2024-2025
Grievance Redressal Current Financial Year Previous Financial Year
Stakeholder
group from Mechanism in Place Number of Number of
whom (Yes/No) (If Yes, then Number of complaints Number of complaints
c reo cm eip vl ea dint is p grr io ev vi ad ne c w e e reb d-l ri en sk s f or fic lo em d p dl ua ri in nt gs rep soe ln ud ti in ong Remarks fic lo em d p dl ua ri in nt gs rep soe ln ud ti in ong Remarks
policy) the year at close of the year at close of
the year the year
Communities Yes 0 0 - 0 0 -
www.onwardgroup.
com/investors
Investors Yes 0 0 - 0 0 -
(other than Investor grievances
shareholders can be submitted
via email: investors@
onwardgroup.com
03 Annual Report 2025-26
Onward Technologies Limited
FY 2025-2026 FY 2024-2025
Grievance Redressal Current Financial Year Previous Financial Year
Stakeholder
group from Mechanism in Place Number of Number of
whom (Yes/No) (If Yes, then Number of c
[Showing first 8,000 characters — download PDF for full document]