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Indo Count Industries Limited (ICIL) is engaged in the home textiles & bedding industry. The company is a manufacturer and exporter of bed sheets, bed linen and quilts.It is the largest global bed linen player.
Company submitted its FY26 Sustainability Report. ESG strides include R&D for sustainable tech up to 50.85%, sustainable sourcing at 39.8%, and reduced absolute energy, GHG emissions, and waste. Note that energy, water, and waste intensities per turnover increased. No fines, safety issues, or human rights complaints reported.
ICIL's Bhilad, Gujarat plant operations are temporarily halted due to heavy rainfall and flooding. The company is assessing the damage and impact on production; however, all assets and materials are adequately insured. Personnel safety is ensured.
Board has empowered key management personnel, including Whole-time Director and CFOs, to determine which events are material for stock exchange disclosures. This move centralizes and clarifies internal governance.
Company addressed recent high stock volume, stating no undisclosed price-sensitive information exists. It attributes the trading surge to market dynamics. Investors should note this means no new company developments are driving the movement.
Indo Count Industries' FY24-25 Sustainability report highlights strong environmental efficiency gains. The company significantly reduced energy intensity to 694.29 GJ/Cr and GHG emissions intensity to 75.16 MT/Cr. Key investments in green technologies, including solar, comprised nearly 15% of capital expenditure. While exports dominated at 97% of turnover, water intensity increased...