Reporting Period

1 April 2024-31 March 2025

Reporting Frequency

The report is published on an annual basis.

Reporting Boundary

The report focuses on the operations of our Company on a standalone basis.

Financial

All financial and operational figures in the strategic report section are presented on a consolidated basis unless specified otherwise.

Non-Financial

All non-financial figures, such as those related to environmental and social aspects, in the strategic report section are presented on a standalone basis unless specified otherwise.

Frameworks, Guidelines and Standards

This report has been prepared in compliance with the following disclosure formats:

• The Companies Act, 2013, along with applicable rules
• Indian Accounting Standards (Ind-AS)
• Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
• National Guidelines for Responsible Business Conduct (NGRBC)
• Secretarial Standards issued by the Institute of Company Secretaries of India

Additionally, the report references the following standards and frameworks:

• Integrated Reporting Framework, now overseen by the IFRS Foundation through the ISSB (formerly developed by IIRC)
• Global Reporting Initiative (GRI) Standards 2021
• United Nations Sustainable Development Goals (UN SDGs)
• Business Responsibility and Sustainability Reporting (BRSR)

Forward-looking Statement

In this report, we present forward-looking statements that reflect projections of our future performance based on historical data and reasonable assumptions. However, we must note that these statements are subject to change and may be influenced by various external factors, including shifts in market dynamics, industry trends, government regulations and other unforeseen events. While these statements offer a view of potential future scenarios, they are not guarantees of performance, as the foundational assumptions could evolve. We recommend that readers treat these projections with caution, viewing them as potential possibilities rather than precise forecasts.

Board Responsibility Statement

Our Board of Directors affirms their responsibility for ensuring the accuracy and integrity of this Integrated Report. Leveraging their collective expertise, the Board believes this report effectively addresses all material issues and presents a balanced and accurate depiction of our Company’s integrated performance and our impact.

Assurance

The BRSR non-financial information in this report has been assured by TUV India Pvt. Ltd. This assurance was conducted in accordance with the ‘reasonable assurance’ criteria of the International Standards on Assurance Engagements (ISAE) 3000 (Revised). Additionally, the Global Reporting initiative (GRI) and nine principles of BRSR including essential and applicable leadership indicators (except BRSR Non Core Indicators) were subject to limited assurance engagement, also conducted in-line with the ISAE 3000 (revised) framework.

Feedback

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For any queries or suggestions, please write to us at: investor.relations@polycab.com