Axita Cotton Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the Bombay Stock Exchange and the National Stock Exchange on September 5, 2026. The disclosure covers operations for the financial year ending March 31, 2026.

The company reported sourcing 45% of its raw materials from responsible sources during the period. This figure remains unchanged from the previous fiscal year, indicating steady adherence to its sustainable procurement targets.

What the Numbers Show

A divergence exists between the company’s reported sustainable sourcing rate and its broader raw material base. While 45% of inputs were sourced sustainably, cotton seeds constitute the primary raw material. The report notes that conventional cultivation carries higher environmental impact compared to organic or Better Cotton practices, suggesting the remaining unsourced volume likely relies on conventional methods.

Operational Safety and Environment

Axita recorded zero lost-time injuries and zero fatalities among employees and workers in both FY26 and FY25. The entity operates one plant and one office nationally, serving markets across eight Indian states and two countries. Exports accounted for 8.29% of total turnover.

Environmental disclosures indicate minimal industrial footprint metrics. The company stated that greenhouse gas emissions, water discharge, and air pollution data are not applicable due to its classification as a ginning unit not requiring specific Gujarat Pollution Control Board permissions for these parameters.

Governance and Stakeholders

The board comprises six directors, including one woman (15% representation). No complaints regarding sexual harassment, discrimination, or child labor were filed or pending resolution at year-end. The company maintains a whistle-blower policy for investor and employee grievances but reported zero complaints across all stakeholder categories for the reporting period.

Axita Cotton has fixed September 11, 2026 as the record date to determine shareholder eligibility for its final dividend of ₹0.05 per equity share for FY26. The Company Secretary confirmed the date in a filing dated September 5, 2026, pursuant to SEBI Listing Regulations.

The Board of Directors had previously recommended this payout at a 13th Annual General Meeting scheduled for September 30, 2026. The dividend amount is subject to final approval by shareholders at the meeting. If declared, the payout will be made after September 30, 2026, subject to applicable tax deductions at source.

Governance Changes

The company seeks to fill a casual vacancy in the office of the statutory auditor. M/s. P K N & Co., Chartered Accountants, resigned on August 12, 2026. Shareholders will vote to appoint M/s. DTA & Associates as the new statutory auditors for a five-year term from FY27 to FY31.

The proposed annual remuneration for the new auditors is ₹6 lakh plus taxes and out-of-pocket expenses. The explanatory statement notes there is no upward revision in fees compared to the outgoing auditors.

Director Appointments

Mr. Nitinbhai Govindbhai Patel, Chairman and Managing Director, retires by rotation and seeks re-appointment. He holds over 10 crore equity shares in the company.

Additionally, shareholders will consider a special resolution for the re-appointment of Mr. Vinod Kanubhai Rana as an Independent Director for a second term of five years, effective from February 22, 2027.

Cost Audit Ratification

The meeting will also ratify the remuneration of M/s. Reena Patadiya & Co. as cost auditors for FY27. The approved fee is ₹35,000 plus applicable taxes and reimbursement of actual out-of-pocket expenses.