BSEOthers5d ago · 27 Jul 2026, 10:49 pm
Please find enclosed the BRSR for the year ended 31st March 2026 along with Independent Reasonable Assurance Statement.
Usha Martin Ltd · 517146
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Usha Martin Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the year ended 31st March 2026, along with an Independent Reasonable Assurance Statement provided by SGS India Private Limited.
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Usha Martin Ltd - 517146 - Business Responsibility and Sustainability Reporting (BRSR)
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USHA
MARTIN
Date: 27th July 2026
The Manager The Secretary Societe de la Bourse de
National Stock Exchange of India Ltd. BSE Limited Luxembourg
Exchange Plaza, Phiroze Jeejeebhoy Towers, 35A Bouleverd Joseph II
Plot No. C/1, G Block, Dalal Street L-1840, Luxembourg
Bandra Kurla Complex, Mumbai – 400 001 [Scrip Code:
Bandra (E), Mumbai – 400 051 [Scrip Code: 517146] US9173002042]
[Symbol: USHAMART]
Dear Sir/Madam,
Sub.: Business Responsibility and Sustainability Report for the Financial Year 2025-26
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing herewith the Business Responsibility and Sustainability Report
(BRSR) for the Financial Year 2025-26, along with Independent Reasonable Assurance Statement
provided by SGS India Private Limited, which also forms part of the Annual Report for the Financial
Year 2025-26, submitted to the Exchanges.
The BRSR along with the Annual Report is also available on Company’s website at
www.ushamartin.com.
This is for your information and record.
Thanking you,
Yours faithfully,
For Usha Martin Limited
Manish Agarwal
Company Secretary & Compliance Officer
Enclosed: As above
USHA MARTIN LIMITED
CIN: L31400WB1986PLC091621
(rr) Regd. Office: 2A Shakespeare 0 (00 9133) 71006300 B contact@ushamartin.co.in
'v Sarani, Kolkata -700071, India .C:::::,. (00 91 33) 71006492 www.ushamartin.com
■■-Section 2 ■
Business Responsibility and
Sustainability Report
SECTION A: GENERAL DISCLOSURE
I. Details of the listed entity:
1. Corporate Identity Number (CIN) of the Listed Entity L31400WB1986PLC091621
2. Name of the Listed Entity Usha Martin Limited
3. Year of incorporation 1986
4. Registered office address 2A Shakespeare Sarani, Kolkata – 700071
5. Corporate address Usha Martin Limited, 2A Shakespeare Sarani, Kolkata – 700071
6. E-mail investor@ushamartin.co.in
7. Telephone 033 - 7100 6300
8. Website https://www.ushamartin.com
9. Financial year for which reporting is being done 1st April 2025 to 31st March 2026 (FY 2025-26)
10. Name of the Stock Exchange(s) where shares are listed (i) In India, the Company’s equity shares are listed on
• BSE Limited
• National Stock Exchange of India Limited (NSE)
(ii) The GDRs of the Company are listed on the Societe de la
Bourse de Luxembourg
11. Paid-up Capital INR 30,47,41,780
12. Name and contact details (telephone, email address) of the Mr. S B N Sharma
person who may be contacted in case of any queries on the Whole Time Director
BRSR report
Tel. No. 033 - 7100 6300
Email: sbns@ushamartin.co.in
13. Reporting boundary Standalone basis
14. Name of assessment or assurance provider SGS India Private Limited (“SGS”)
15. Type of assessment or assurance obtained Reasonable Assurance (for BRSR core indicators) and Limited
Assurance (for other indicators)
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):
Description of Main Activity Description of Business Activity % of Turnover of the entity
1. Manufacturing Metal & Metal Products 94.56%
(Manufacturing of Wire Rope, Wire,
Strands including Locked Coil)
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
S. % of total Turnover
Product/Service NIC Code*
No. contributed
1. Wire Rope 2599 63.88%
2. Wire & Strands 2599 17.13%
3. LRPC Strand 2599 13.55%
* As per National Industrial Classification 2008
III. O perations
18. Number of locations where plants and/or operations/offices of the entity are situated*:
Location Number of plants Number of offices Total
National 3 6 9
(Kolkata, Mumbai, Delhi NCR, Chennai, Bangalore and Hyderabad)
International 4 16 20
*Includes plant/offices of our subsidiaries
■-Section 2 ■■ USHA MARTIN LIMITED Annual Report 2025-26
Business Responsibility and Sustainability Report
19. Markets served by the entity:
a) Number of locations
Locations Number
National (No. of States) 28 States and 8 Union Territories
International (No. of Countries) 75
b) What is the contribution of exports as a percentage of the total turnover of the entity?
c) A brief on types of customers
Usha Martin Limited is a globally recognized manufacturer of high-quality steel wires and wire ropes. The company
caters to a broad spectrum of industries, including oil and gas, mining, elevators, heavy engineering, shipping, and
logistics, with a strong operational presence across six continents.
IV. Employees
20. Details as of March 31, 2026
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) 580 555 95.69 25 4.31
2. Other than Permanent (E) 84 82 97.62 2 2.38
3. Total employees (D + E) 664 637 95.93 27 4.07
Workers
4. Permanent (F) 1,654 1,645 99.46 9 0.54
5. Other than Permanent (G) 2,740 2,707 98.80 33 1.20
6. Total workers (F + G) 4,394 4,352 99.04 42 0.96
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) - - - - -
3. Total differently abled - - - - -
employees (D + E)
Differently abled Workers
4. Permanent (F) - - - - -
5. Other than Permanent (G) - - - - -
6. Total workers (F + G) - - - - -
■■-Section 2 ■
21. Participation/Inclusion/Representation of women
Total No. & % of Females
Particulars
(A) No. (B) % (B/A)
Board of Directors 7 1 14.29
Key Managerial Personnel (KMP)* 2 0 0
* KMPs includes Chief Financial Officer and Company Secretary.
22. Turnover rate* for permanent employees and workers
FY 2025-26 FY 2024-25 FY 2023-24
Particulars
Male Female Total Male Female Total Male Female Total
Permanent Employees 7.27 16.67 7.66 9.37 5.41 9.24 10.19 2.38 10.18
Permanent Workers 12.70 0 12.65 9.91 0 9.89 12.41 0 12.39
* The turnover rate includes employees who left the organization, whether voluntarily or through dismissal, retirement, or death in service.
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. Names of holding/subsidiary/associate companies/joint ventures (As on March 31, 2026)
Does the entity indicated
Indicate whether
in column A, participate in
S. Name of the Holding/Subsidiary/Associate Companies/Joint Holding/Subsidiary/ % of shares held
the Business Responsibility
No. Ventures (A) @ Associate/Joint by listed entity
initiatives of the listed
Venture*
entity? (Yes/No)**
1 U M Cables Limited Subsidiary 100 No
2 Bharat Minex Private Limited Subsidiary 100 No
3 Gustav Wolf Specialty Cords Limited Subsidiary 100 No
4 Usha Martin International Limited Subsidiary 100 No
5 Brunton Wire Ropes FZCo. Subsidiary 100 No
6 Usha Martin Americas Inc. Subsidiary 100 No
7 Usha Siam Steel Industries Public Company Limited Subsidiary 100 No
8 Usha Siam Specialty Wire Company Limited Subsidiary 100 No
9 Brunton Wire Ropes Industrial Company Limited Subsidiary 51 No
10 Usha Martin Singapore Pte. Limited Subsidiary 100 No
11 Usha Martin Australia Pty. Ltd. Subsidiary 100 No
12 PT Usha Martin Indonesia Subsidiary 100 No
13 Usha Martin Vietnam Company Limited Subsidiary 100 No
14 De Ruiter Staalkabel BV Sliedrecht Subsidiary 100 No
15 Usha Martin Italia SRL Subsidiary 100 No
16 Usha Martin Europe B.V. Subsidiary 100 No
17 Usha Martin UK Limited Subsidiary 100 No
18 Brunton Shaw UK Limited Subsidiary 100 No
19 European Management and Marine Corporation Limited Subsidiary 100 No
20 Pengg Usha Martin Wires Private Limited Joint Venture 40 No
21 CCL Usha Martin Stressing Systems Limited Joint Venture 49.99 No
@ During the financial year 2025–26, Usha Martin España S.L., a step-down wholly owned subsidiary of the Company, has been voluntarily
dissolved. The order of dissolution was issued by the Commercial Registrar of Barcelona on 19th December, 2025.
*Includes step-down subsidiaries
** The subsidiary/joint venture companies define their own initiatives based on their specific content and have access to information and
expertise residing with
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