Business Responsibility and Sustainability Report for the financial year 2025-26

Business Responsibility & Sustainability Report BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING (BRSR) SECTION A: GENERAL DISCLOSURES I. Details of the listed entity Corporate Identity Number (CIN) of the Listed L31102DL1957PLC193993 Entity 2 Name of the Listed Entity GE Vernova T&D India Limited 3 Year of incorporation 1957 4 Registered office address A-18, First Floor, FIEE Complex, Okhla Industrial Area, Phase II, New Delhi T-5 and T-6, Plot I-14, Axis House, Jaypee Wishtown, sector-128, 5 Corporate address Noida-201304, Uttar Pradesh 6 E-mail secretarial.compliance@gevernova.com 7 Telephone +91 120 5021500 8 Website www.gevernova.com/regions/asia/in/gevernova-td-india 9 Financial year for which reporting is being done Financial Year 2025-26 for the period 1st April 2025 to 31st March 2026 Name of the Stock Exchange(s) where shares National Stock Exchange of India Limited are listed BSE Limited 11 Paid-up Capital 512,093,070 Pratibha Gautam Details of the person who may be contacted in 12 +91 120 5021500 case of any queries on the BRSR report. secretarial.compliance@gevernova.com 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 13 Standalone basis the entity and all the entities which form a part of its consolidated financial statements, taken together). 14 Name of assurance provider Forvis Mazars LLP Reasonable assurance on Core indicators & Limited assurance for 15 Type of assurance obtained non-core indicators II. Products/services 16. Details of business activities (accounting for 90% of the turnover): Sl. % of Turnover Description of Main Activity Description of Business Activity No. of the entity Electrical Equipment, General Purpose & Special Manufacturing, Services, projects 1 Purpose Machinery & Equipment (Transformers, 100 including Turnkey Projects Control Panels, Equipment, Others). GE Vernova T&D India Limited 1 Business Responsibility & Sustainability Report 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 electric power distribution transformers, arc-welding transformers, fluorescent ballasts, transmission and distribution voltage 271002 22.9% regulators and their parts 2 Manufacture of other electricity distribution and control apparatus n.e.c. such as relays, sockets, voltage limiters, switches and fuses other than household type 271009 17.0% and similar products 3 Manufacture of other electrical equipment 279099 36.4% 4 Construction, erection, and maintenance of power transmission and distribution lines, including radar infrastructure for grid monitoring, load balancing, fault 422003 22.8% detection, and overhead lines 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 5 8 13 International 0 3 3 19. Markets served by the entity a. Number of locations Locations Number National (No. of States) 28 International (No. of Countries) 65 Note: National (No. of States): 36 administrative divisions (28 States & 8 Union Territories) b. What is the contribution of exports as a percentage of the total turnover of the entity? c. A brief on types of customers Diverse customer base spanning government and private sector entities across power generation, transmission, and distribution, along with key industrial clients in metals, mining, and oil & gas sectors. IV. Employees 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) 1183 1087 91.89 96 8.11 2 Other than permanent (E) 514 487 94.75 27 5.25 3 Total Employees (D+E) 1697 1574 92.75 123 7.25 2 GE Vernova T&D India Limited Business Responsibility & Sustainability Report Sl. Male Female Particulars Total (A) No. No. (B) % (B / A) No. (C) % (C / A) Workers 4 Permanent (F) 668 638 95.51 30 4.49 5 Other than permanent (G) 37 37 100 0 0 6 Total Workers (F+G) 705 675 95.74 30 4.26 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) 3 3 100 0 0 2 Other than permanent (E) 0 0 - 0 - 3 Total differently abled employees (D + E) 3 3 100 0 0 DIFFERENTLY ABLED WORKERS 4 Permanent (F) 2 2 100 0 0 5 Other than permanent (G) 0 0 - 0 - 6 Total differently abled workers (F + G) 2 2 100 0 0 21. Participation/Inclusion/Representation of women No. and percentage of Females Total (A) No. (B) % (B / A) Board of Directors 9 2 22.2 Key Management Personnel 3 1 33.3 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY 2025-26 (Turnover rate FY 2024-25 (Turnover rate in FY 2023-24 (Turnover rate in the in current FY) previous FY) year prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 7.8 7.7 7.8 8.4 11.8 8.6 9.5 16.2 9.9 Permanent Workers 1.5 0.0 1.5 1.3 0.0 1.3 3.4 8.3 3.5 V. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures Indicate whether Does the entity indicated at column % of shares S. Name of the holding / subsidiary / holding/ Subsidiary/ A, participate in the Business held by No. associate companies / joint ventures(A) Associate/ Joint Responsibility initiatives of the listed listed entity Venture entity ? (Yes / No) 1 Grid Equipments Private Limited Holding 50.7 No GE Grid Alliance B.V. (formerly Alstom 2 Holding 0.3 No Grid Holdings B.V., Netherlands) GE Vernova T&D India Limited 3 Business Responsibility & Sustainability Report VI. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: (Yes/No) Yes (ii) Turnover (in J) 62,063.1 MINR (iii) Net worth (in J) 26,902.9 MINR 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 2025-26 (Current FY) FY 2024-25 (Previous FY) Stakeholder Number of Number of Grievance Redressal group from Number of complaints Number of Complaints Mechanism in Place (Yes/No) whom complaints pending complaints pending (If Yes, then provide web-link Remarks Remarks complaint is filed during resolution at filed during resolution for grievance redress policy) received the year close of the the year at close of year the year https://www.gevernova.com/ Communities - - - - - - regions/asia/in/gevernova-td- india/contact-us https://www.gevernova.com/ Investors - - - - - - regions/asia/in/gevernova-td- india/contact-us https://www.gevernova.com/ Under Shareholders 84 2 41 0 - regions/asia/in/gevernova-td- resolution india/contact-us Employees and Yes Under 27 6 20 0 - workers https://integrity.gevernova.com/ resolution https://www.gevernova.com/ Under Customers 114 34 111 20 - regions/asia/in/gevernova-td- resolution india/contact-us Value chain https://www.gevernova.com/ - - - - - - partners regions/asia/in/gevernova-td- india/contact-us https://www.gevernova.com/ Others - - - - - - regions/asia/in/gevernova-td- india/contact-us 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 whether In case of risk, Financial implications of the risk S. Material issue Rationale for identifying the risk risk or approach to adapt or or opportunity (Indicate positive No. identified / opportunity opportunity mit [Showing first 8,000 characters — download PDF for full document]