Astral Limited has filed its Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26 with the Bombay Stock Exchange and National Stock Exchange of India Limited. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides a standalone view of the company’s environmental, social, and governance performance. The report highlights a turnover of ₹5,908 crore and a net worth of ₹4,107 crore, while detailing operational metrics across 18 manufacturing plants that form the core of its environmental reporting boundary.

The submission was signed by Chintankumar Patel, Company Secretary, on July 31, 2026. The report excludes data from 15 office locations, focusing instead on the significant operational footprint of its manufacturing units. Astral Limited, incorporated in 1996 and headquartered in Ahmedabad, operates primarily in the manufacturing of pipes, fittings, and adhesives, which account for 98% of its turnover. The company serves markets across 28 states, 8 union territories, and 40 countries, though exports constitute only 2% of total turnover.

Key Operational Metrics

The BRSR outlines the workforce composition and safety protocols implemented during the fiscal year. As of the end of FY25-26, the company employed 4,881 employees and engaged 6,335 workers. The Board of Directors comprises 11 members, including two women, representing 18% female representation at the highest level. No Key Managerial Personnel were female during this period.

Environmental Performance and Assurance

Astral Limited engaged M/s Hetal J Shah & Co. to provide reasonable assurance on its BRSR Core Key Performance Indicators. The assured metrics include energy consumption, water withdrawal and discharge, greenhouse gas emissions (Scope 1 and 2), waste management, and safety-related incidents. The company reported an increase in energy consumption and water withdrawal compared to FY24-25, attributing the rise to the addition of facilities in Ghiloth and Kanpur, as well as full-capacity operations at the Hyderabad plant.

The company maintains compliance with environmental regulations, including the Water (Prevention and Control of Pollution) Act and the Air (Prevention and Control of Pollution) Act. Astral has implemented Zero Liquid Discharge across its operational locations through the reuse of effluent and sewerage treatment plant outputs. Additionally, the company is registered under the Extended Producer Responsibility (EPR) framework with the Central Pollution Control Board.

Governance and Sustainability Goals

The report details Astral’s commitment to long-term sustainability targets, including achieving carbon neutrality for Scope 1, 2, and 3 emissions by 2035 and net-zero by 2050. The company aims to attain 100% electricity usage from renewable sources by 2040. In terms of social impact, Astral supported over 41.24 lakh beneficiaries through its CSR initiatives in FY25-26. The company also reported zero instances of data breaches or cybersecurity incidents during the year. Hiranand Savlani, Whole Time Director and Chief Financial Officer, oversees the implementation of business responsibility policies, supported by the Executive Management team.

Astral Limited will hold its 30th Annual General Meeting (AGM) on Monday, August 24, 2026, at 11:00 a.m. via Video Conference (VC) or Other Audio-Visual Means (OAVM). The meeting aims to transact ordinary and special business, including the approval of the financial results for FY26 and the recommendation of a dividend. Shareholders are advised that the dividend income is taxable in their hands, and Tax Deducted at Source (TDS) will be applied as per the Finance Act, 2020.

The Board of Directors has recommended a dividend of ₹2.50 per equity share, representing 250% of the face value of Re. 1 per fully paid-up share. This proposal is subject to member approval at the ensuing AGM. To determine eligibility for this dividend, the Company has fixed Friday, August 14, 2026, as the Record Date. Dividends will be paid electronically after August 24, 2026, to shareholders whose names appear in the Register of Members on the Record Date. Members holding shares in physical form are urged to update their bank details with the Registrar and Share Transfer Agent, while demat holders must ensure their details are updated with their respective Depository Participants.

E-Voting and Record Dates

Pursuant to Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Astral Limited is providing remote e-voting facilities. The cut-off date for determining voting eligibility is Monday, August 17, 2026. Voting rights are proportional to the equity shares held on this date.

The remote e-voting facility is provided by Central Depository Services (India) Limited (CDSL). Members who have cast their votes via remote e-voting prior to the AGM may attend the meeting but cannot vote again. Those who have not voted remotely can vote during the AGM via the e-voting system. Mrs. Monica Kanuga, a Practicing Company Secretary, has been appointed as the scrutinizer to ensure the voting process is fair and transparent.

What the Numbers Show

The proposed dividend of ₹2.50 per share indicates management’s confidence in the company’s cash generation capabilities for FY26. With the dividend payout being substantial relative to the face value, shareholders should note the tax implications under the current regime where dividends are taxable in the hands of the investor rather than the company. The strict adherence to record dates and e-voting timelines underscores the regulatory compliance framework governing listed entities in India.