Voltamp Transformers Ltd

Rating action and agency

• Rating action: Reaffirmed for all facilities by CARE Ratings Limited.
• Agency: CARE Ratings Limited; Outlook: Stable.

Instruments and ratings

• Long-Term Bank Facilities ₹10 crore: CARE AA; Stable.
• Long-Term/Short-Term Bank Facilities ₹282.50 crore: CARE AA; Stable / CARE A1+.
• Total bank facilities ₹292.50 crore.

Meeting Details

• Aug 11–12, 2026: Nuvama India Investor Conference, Singapore; Physical, one-on-one investor meetings.
• Aug 13–14, 2026: Avendus Spark Singapore Conference, Singapore; Physical, one-on-one investor meetings.

Participants

• Company officials to participate in investor meetings (management roles).

Purpose

• General investor interaction with institutional investors during conferences.

Dematerialisation processing and listing status

• Dematerialisation requests processed and confirmed to the depositories.
• Securities dematerialised listed on the exchanges where previously issued securities are listed.
• Physical certificates dematerialised mutilated and cancelled; depository registered owner substituted in records within timelines.

Overview

• Standalone BRSR for FY2025-26; Voltamp manufactures and supplies electrical transformers and related services.
• Exports contributed 3.24% of turnover; markets include Pan-India and 27 countries.
• Main turnover derives from transformer manufacturing with after-sales service.

Key ESG Risks & Opportunities

• Employee health and safety risk identified as negative; mitigated by ISO 45001 and safety committees.
• Climate action offers opportunities; targets include 100% green power by 2026-27 and net-zero Scope 1/2 by 2030.
• Waste management and water stewardship; net-zero landfill by 2027 and ZLD at Savli.
• Cybersecurity and data privacy risk; standards and policies reduce risk and enable governance.
• Diversity and inclusion: women representation target 15% by 2027; ethical conduct policies.
• Product sustainability and lifecycle management emphasized through responsible product design.

Governance & Policy Highlights

• Sustainability Committee of the Board oversees ESG policies and their implementation.
• Policies include Code of Conduct, Whistleblower, POSH; Anti-Corruption policy; ISO/BIS standards.
• No external assurance for the reporting year.

Social Responsibility & Workforce

• Total employees 476; workers 819; women on board 2 of 6 (33%).
• Women representation target 15% of workforce by 2027.
• OHSMS ISO 45001; LTIFR employees 0; workers 2.38; on-site medical facilities.
• CSR focus on education, healthcare and skill development; grievance mechanisms and equal opportunity policies.

Environmental Performance

• Total energy 35,054 GJ; renewables 4,802 GJ; intensity 1.674e-6 GJ per turnover.
• Target: 100% green power by 2026-27; net-zero Scope 1/2 by 2030; rooftop solar adoption.
• Groundwater use 21,707 kl; total water withdrawal 22,787 kl; Savli unit includes ZLD.
• Scope 1: 995.91 MT; Scope 2: 2,288.7 MT; total GHG intensity 1.5e-7 per turnover.
• Waste total 1,342.42 MT; hazardous 136.2 MT; e-waste 3.91 MT; non-hazardous 1,118.01 MT.

Stakeholder Engagement & Complaints

• Engages employees, investors, customers, communities, vendors, industry bodies, governments.
• Grievance mechanism via website, email, and local channels; timely resolution.
• 70% of value chain partners assessed for health, safety, and working conditions.

Other Notable Metrics

• Exports 3.24% of turnover.
• CSR in aspirational districts: Gujarat (Vadodara ₹4.32 Cr; Sabarkantha ₹0.12 Cr; Anand ₹0.16 Cr); Maharashtra (Mumbai ₹0.10 Cr).
• No subsidiaries; standalone reporting; assurance not applicable.
• Policies and certifications: ISO 9001, ISO 14001, ISO 45001; BIS.

Record date and entitlement

• Record date fixed at Friday, 24 July 2026 for dividend entitlement.
• Dividend: ₹100 per equity share (face value ₹10) for FY 2025-26.

Voting and AGM timings

• Security: Equity shares.
• AGM on 31 July 2026; e-voting window 28–30 July 2026.

AGM Details

• Date and time: 31 July 2026 at 10:00 a.m. IST.
• Mode: VC/OAVM; venue deemed as Registered Office, Makarpura, Vadodara.
• Books/Registers closed: 25 July 2026 to 31 July 2026 (inclusive).
• Record date for e-voting: 24 July 2026.
• Remote e-voting window: 28 July 2026 9:00 a.m. to 30 July 2026 5:00 p.m.

Key Resolutions

• Adopt Audited Financial Statements and Directors' and Auditors' Reports.
• Declare final dividend of Rs 100 per equity share.
• Re-appoint Shri Kanubhai S. Patel as Director on rotation.
• Remuneration for Cost Auditors for 2026-27 fixed at Rs 75,000 to M/s Y.S. Thakar & Co; ratified.