BSECompany Update29 Sept 2026 · 29 Sept 2026, 04:15 pm
Intimation of Disclosure under Regulation 30 of The Securities Exchange Board of India ( Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Rating
Hikal Ltd · 524735
✦ AI SummaryESG
Hikal Ltd has received an ESG Rating of 'Crisil ESG 65' from Crisil ESG Ratings & Analytics Limited for FY 2025-26, indicating better performance in various parameters such as renewable energy consumption, waste recycling, and employee skill upgradation.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
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Hikal Ltd - 524735 - Disclosure Under Regulation 30 Of SEBI (LODR), 2015 - ESG Rating
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September 29, 2026
BSE Limited, National Stock Exchange of India Limited,
P J Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex, Bandra,
Mumbai – 400 001. Mumbai 400 051.
BSE Scrip Code: 524735 NSE Symbol: HIKAL
Dear Sir/ Madam,
Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015- ESG
Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we wish to inform you
that as per the information received by the Company, Crisil ESG Ratings & Analytics Limited
(Crisil ESG Ratings) has assigned an ESG Rating of “Crisil ESG 65” to the Company for FY
2025-26.
As per the ESG Rating Rationale, the Company performed better than its peers in its share of
renewables in energy consumption mix, high waste recycling rate of the total waste generated,
and relatively low water withdrawal from water stress areas. Better performance in employee
skill upgradation and safety measures, low customer complaint intensity, nil stakeholder
complaints, zero safety related incidents and zero recalls. Adequate Board strength high share
of women directors on the Board, high average attendance of independent directors at the Board
and committee meetings, and nil whistle blower and investor complaints reported.
The rating was provided by Crisil ESG Ratings & Analytics Limited, a SEBI-registered
Category-1 ESG Rating Provider under Pharmaceuticals sector as per its report dated
September 28, 2026.
Please note that the Company has not engaged Crisil ESG Ratings & Analytics Limited for
ESG Rating. The ESG Ratings provider has independently prepared the report based on data
available in public domain.
This is for your information and records.
Yours Sincerely,
For Hikal Limited
Rajasekhar Reddy
Company Secretary & Compliance Officer
Hikal Ltd.
Admin. Office: Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai - 400 614, India. Tel. + 91–22–6277 0299, + 91–22–6866 0300
Regd. Office: 717/718, Maker Chambers - 5, Nariman Point, Mumbai - 400 021, India. Tel. +91-22 6277 0477. Fax: + 91-22 6277 0500
www.hikal.com info@hikal.com CIN: L24200MH1988PTC048028