Resurgent ESG Services Pvt. Ltd., a wholly owned subsidiary of Resurgent India Ltd., is pleased to announce that it has received approval from the Securities and Exchange Board of India (SEBI) to operate as an ESG Rating Provider (Category II).
This certification marks a significant milestone as we embark on our journey to deliver high-quality ESG ratings and analytics. With this approval, Resurgent ESG Services Pvt. Ltd. will empower investors, companies, and stakeholders to make informed decisions that align with sustainable and responsible investment practices.
Commenting on the development, Jyoti Prakash Gadia, Managing Director of Resurgent India Ltd., said: "The recent developments in ESG ratings reflect a growing global emphasis on transparency and accountability in corporate sustainability. Our SEBI approval not only marks our entry into the ESG rating space but also aligns with the latest trends where ESG ratings are becoming increasingly integral to investment strategies. Businesses now need to navigate complex sustainability challenges with data-driven insights, and our role is to provide that clarity. With the new ESG Rating Provider regulations and our Category II license, we are poised to support a shift towards more meaningful and impactful non-financial ratings, helping to steer the Indian economy towards enhanced sustainability and resilience."
Resurgent ESG Services Pvt. Ltd. is committed to meeting the evolving needs of the financial community. With SEBI's approval, we are set to begin delivering our ESG rating services, helping clients understand and act upon ESG factors that influence long-term performance and risk.
Resurgent ESG Services Pvt. Ltd. was incorporated on March 30, 2024, under the Companies Act, 2013. The company has its registered office at Unit 904, 9th Floor, Tower C, Unitech Business Zone, South City, Gurgaon, Haryana, India, 122018.
Resurgent ESG Services Pvt. Ltd. is a wholly- owned subsidiary of Resurgent India Limited. The company has been established with the primary goal of providing Environmental, Social, and Governance (ESG) rating services to its clients.
Resurgent India Ltd. is a leading financial services firm with around two decades of experience and a diversified service offering including Project Appraisal & Monitoring, Valuation, Investment Banking, and Stress Asset Advisory.
