Gujarat Mineral Development Corporation Limited (GMDC) has been notified of an ESG Rating assigned by CFC Finlease Private Limited. The company received a score of “70”, corresponding to Grade “B”, categorized as “Good” performance across Environmental, Social, and Governance parameters. Notably, GMDC confirms it did not engage CFC Finlease for this assessment, which was based solely on publicly available data.
Disclosure of Unsolicited ESG Rating
Gujarat Mineral Development Corporation Limited (GMDC) has publicly disclosed the receipt of an Environmental, Social, and Governance (ESG) Rating for the Company from CFC Finlease Private Limited. This information was communicated to the Stock Exchanges as per required disclosure norms.
Rating Details and Performance Assessment
The specific ESG Rating assigned to GMDC is “70”, which translates to Grade “B”. The rating agency has categorized this outcome under the umbrella of “Good” performance. This assessment reflects the company’s standing across key Environmental, Social, and Governance dimensions as determined by the rating agency based on the information reviewed.
Nature of Engagement
It is critical to note that the Company confirms it did not formally engage CFC Finlease Private Limited for the evaluation or issuance of this ESG Rating. The rating was determined utilizing publicly available information, and GMDC explicitly states that it did not participate or provide specific data for this assessment. The notification of this rating disclosure was received by GMDC via email intimation from BSE Limited on February 24, 2026.
Public Availability of Information
The rating as published by CFC Finlease Private Limited is accessible via a specified public link. Furthermore, GMDC confirms that this information is also being made available on the official Company website, www.gmdcltd.com, for stakeholder reference.
Source: BSE
