National Standard India files sustainability report, announces AGM

National Standard (India) Limited announced the submission of its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2025, in compliance with SEBI Listing Regulations. This report, forming an integral part of the 62nd Annual Report, highlights the company's commitment to sustainability and ethical business practices. The company noted that the BRSR only reports on Essential and Leadership Indicators as it has no employees or workers, with key managerial personnel on deputation from its holding company, Lodha Developers Limited. The company’s revenue is derived from the sale of inventory from a past real estate project completed in 2018, with no ongoing or planned projects.

In related news, the 62nd Annual General Meeting (AGM) will be held on Thursday, September 25, 2025, at 3:00 p.m. IST via video conferencing/other audio-visual means. Shareholders will vote on the re-appointment of Ravi Dodhia, who retires by rotation, and the appointment of Shravan A. Gupta & Associates as secretarial auditor for five years commencing FY2025-26 at a fee of ₹39,000 plus taxes. The company’s equity shares were voluntarily delisted from the Calcutta Stock Exchange on February 1, 2025, but remain listed on BSE Limited.

The board of directors also confirmed that no dividend was recommended for the financial year. Financial highlights include a total income of ₹4,046.37 lakhs and a profit for the year of ₹1,319.92 lakhs for FY2024-25. The company’s paid-up capital stands at ₹20 crore, and its net worth is ₹27,233.65.