Overview

About this report

This is the first integrated report of Sagar Cements Limited (SCL), prepared in accordance with the guiding principles and content elements of the International Integrated Reporting <IR> Framework published by the International Integrated Reporting Council (IIRC).

The report’s objective is to holistically present SCL’s ability to create, retain and enhance value for all its stakeholders. The Company’s integrated thought process is elucidated through its multi-capital-based business model, strategic framework, good governance practices, and strong financial and non-financial performance. The report also provides a detailed account of the organisation’s credentials and its broad operating environment.

Reporting boundary and scope

The report includes material financial and non-financial information on:

  • SCL, and its subsidiary Sagar Cements (R) Limited (SCRL), their manufacturing units at Mattampally and Gudipadu, and the grinding unit at Bayyavaram
  • Multiple resources and relationships that the organisation relies on to create value and impact with its operations

Reporting period

This integrated report covers disclosures pertaining to the Company’s developments between 1st April 2019 and 31st March 2020 (FY2020).

Statutory disclosures and financial statements

Sections of this document also comply with the requirements of the Companies Act, 2013 (and the rules made thereunder); Indian Accounting Standards; the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015; and the Secretarial Standards issued by the Institute of Company Secretaries of India. Readers are invited to read them in conjunction with the contents prepared using the format to get a holistic view of our annual performance and future direction.

Responsibility statement

The Board of Directors and our Management together acknowledge their responsibility to ensure the integrity of this integrated report, to the best of their knowledge. The report has been authorised for release on 5th August 2020.