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BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity: L23109MP1972PLC008290 2. Name of the Listed Entity: HEG Limited (‘HEG’ or ‘the Company’ or ‘We’) 3. Year of incorporation: 1972 4. Registered office address: Mandideep, Near Bhopal Dist. Raisen MP- 462046 5. Corporate address: Bhilwara Towers, A-12, Sector-1, Noida – 201301, India 6. E-mail: heg.brsr@lnjbhilwara.com 7. Telephone: +91-120-4390300 (EPABX) 8. Website: www.hegltd.com 9. Financial year for which reporting is being done: 2025-26 10. Name of the Stock Exchange(s) where shares are listed: 1. BSE Limited 2. National Stock Exchange of India Limited. 11. Paid-up Capital: C 38.60 Crores 12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report: Mr. Manish Gulati, Chief Sustainability Officer & Executive Director Tel: 07480-405500, 233524 to 233527, E Mail: manish.gulati@lnjbhilwara.com 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): The disclosures under this report are made on Standalone Basis. 14. Name of assessment or assurance provider: HEG does not fall within the top 500 listed companies based on average market capitalisation and, therefore, is not mandatorily required to undertake external assessment or assurance for the Business Responsibility and Sustainability Report (BRSR) as per regulatory guidelines. Accordingly, this requirement is currently not applicable. 15. Type of assessment or assurance obtained: Not Applicable. II. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity % of Turnover of the entity 1 Manufacturing of Graphite Electrodes Manufacturing of Graphite Electrodes 91.26% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. No. Product/Service NIC Code % of total Turnover contributed 1 Manufacturing of Graphite Electrodes 23994 91.26% « 001 Business Responsibility & Sustainability Report 25-26 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 2 1 3 International - - - 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) 25 International (No. of Countries) 42 b. What is the contribution of exports as a percentage of the total turnover of the entity? The overall contribution of the exports to the total turnover is 67.03%. c. A brief on types of customers. HEG serves a diverse and global customer base across multiple industrial sectors. Its comprehensive product portfolio supports a wide range of industries, including iron and steel, metallurgy, refractories, aluminium, chemical, electrochemical, power, cement, and glass. The Company’s clientele primarily comprises leading steel manufacturers operating Electric Arc Furnaces (EAF) in their production processes. Notable clients include Jindal Steel and Power Limited (JSPL), Steel Authority of India Limited (SAIL), ArcelorMittal, Qatar Steel, Emirates Steel, Tata Steel, CELSA Group, Jindal Stainless Limited, and Acerinox Europia. In addition to the steel sector, HEG supplies specialized, high-quality graphite products to a variety of other industries, offering tailored solutions to meet diverse technical and operational requirements. 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) 361 337 93% 24 7% 2. Other than Permanent (E) 52 51 98% 1 2% 3. Total employees (D + E) 413 388 94% 25 6% WORKERS 4. Permanent (F) 814 814 100% - 0% 5. Other than Permanent (G)* 35 34 97% 1 3% 6. Total workers (F + G) 849 848 100% 1 0% *Excludes job-based workers engaged through contractors for completion of specific assignments/tasks and not employed for a fixed number of working days. 002 » HEG LIMITED 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) - - 0% - 0% 2. Other than Permanent (E) - - 0% - 0% 3. Total differently a bled - - 0% - 0% employees (D + E) DIFFERENTLY ABLED WORKERS 4. Permanent (F) - - 0% - 0% 5. Other than permanent (G) - - 0% - 0% 6. Total differently a bled - - 0% - 0% workers (F + G) 21. Participation/Inclusion/Representation of women Total No. and percentage of Females (A) No. (B) % (B / A) Board of Directors 12 2 17% Key Management Personnel* 5 - 0% *Includes 2 Executive Directors which are also included in the Board of Directors. 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 E mployees 14% 13% 14% 8% 15% 8% 13% 12% 13% Permanent Workers 5% 0% 5% 7% 0% 7% 3% 0% 3% V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures Does the entity indicated Name of the holding/ at column A, participate Indicate whether holding/ S. subsidiary/ associate % of shares held in the Business Subsidiary/ Associate/ No. companies / joint ventures by listed entity Responsibility initiatives joint ventures (A) of the listed entity? (Yes/ 1. TACC Limited Wholly Owned Subsidiary 100% No 2. Bhilwara Infotechnology Wholly Owned Subsidiary 100% No Limited 3. HEG Graphite Limited Wholly Owned Subsidiary 100% No 4. Bhilwara Energy Limited Associate 45.62% No « 003 Business Responsibility & Sustainability Report 25-26 VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in C ): 2,568.50 Crores (iii) Net worth (in C ): 4,303.17 Crores 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 Grievance Redressal FY 2025-26 FY 2024-25 Mechanism Current Financial Year Previous Financial Year in Place Stakeholder (Yes/No) group from whom (If Yes, then Number of Number of Number of Number of complaint is provide complaints complaints complaints complaints received web-link for pending pending filed Remarks filed Remarks grievance resolution resolution during the during the redress at close of at close of year year policy)* the year the year Communities Yes - - - - - - Investors Yes - - - - - - (other than shareholders) Shareholders Yes 54 - - 48 2 Action Taken Reports (ATRs) for the two pending complaints were filed within the prescribed timelines on the SCORES Portal. The complaints were subsequently marked as resolved on the SCORES Portal on 11/04/2025. Employees Yes - - - - - - and Workers 004 » HEG LIMITED Grievance Redressal FY 2025-26 FY 2024-25 Mechanism Current Financial Year Previous Financial Year in Place Stakeholder (Yes/No) group from whom (If Yes, then Number of Number of Number of Number of complaint is provide complaints complaints complaints complaints received web-link for pending pending filed Remarks filed Remarks grievance resolution resolution during the during the redress at close of at close of year year policy)* the year the year Customers Yes 30 18 - Actions for 50 45 - Closure is in resolution for progress for 11 all complaints cases. have been - Improved initiatied in material accordance with has been the Standard supplied [Showing first 8,000 characters — download PDF for full document]