Bannari Amman Sugars submitted its Business Responsibility and Sustainability Report (BRSR) for the fiscal year ended March 31, 2026. The filing outlines the company’s environmental performance, social governance practices, and operational sustainability metrics across its integrated sugar, distillery, and power generation businesses.

The report highlights a significant reduction in total energy consumption, which fell to 83,63,296 GJ in FY26 from 1,01,09,347 GJ in FY25. This decline coincided with a decrease in energy intensity per rupee of turnover to 0.000436 GJ/₹ from 0.000564 GJ/₹. The company attributes these improvements to process optimizations, including the replacement of conventional lighting with LED fittings and upgrades to centrifugal machinery.

Environmental Performance

Water management remains a critical focus, with total water withdrawal decreasing to 44,61,884.39 kilolitres in FY26 compared to 48,53,243.37 kilolitres in FY25. Groundwater withdrawal dropped sharply to 25,257.85 kilolitres from 63,000.50 kilolitres the previous year. The company implemented Zero Liquid Discharge (ZLD) systems in its distillery units, treating effluent through biological processes and reverse osmosis for reuse.

Greenhouse gas emissions saw mixed trends. Scope 1 emissions rose to 1,53,992.47 metric tonnes of CO2 equivalent from 1,11,742.61 metric tonnes in FY25. However, Scope 2 emissions declined to 5,784.53 metric tonnes from 8,953.24 metric tonnes. Total waste generated fell significantly to 8,73,433.12 metric tonnes from 11,93,035.41 metric tonnes, driven by lower non-hazardous waste output.

Social and Governance Metrics

The company employs 478 permanent employees and 1,800 workers. Training coverage remained robust, with 85.36% of employees and 82.94% of workers receiving health and safety training in FY26. The workforce is predominantly male, with females constituting just 0.21% of permanent employees and 0.39% of workers.

Safety records improved, with zero lost-time injuries reported for both employees and workers in FY26. In contrast, FY25 recorded 21 recordable work-related injuries among workers. Union membership among permanent workers decreased to 43.31% from 50.93% in the prior year.

What the Numbers Show

A notable divergence exists between energy consumption and greenhouse gas emissions. While total energy consumption dropped by approximately 17% year-on-year, Scope 1 emissions increased by nearly 38%. This suggests that the reduction in energy use was primarily achieved through efficiency gains in electricity and non-carbon-intensive fuel sources, while operational intensity or feedstock composition in carbon-heavy processes may have shifted. Additionally, waste recovery operations expanded substantially, with recycled and reused waste jumping to 5,15,634.00 MT from 96,228.00 MT, indicating a stronger push toward circular economy practices despite lower overall waste generation.

Bannari Amman Sugars has scheduled its 42nd Annual General Meeting for September 23, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means to transact ordinary and special business items.

The company will seek shareholder approval for the audited financial statements for the financial year ended March 31, 2026. Additionally, members will vote on the declaration of equity share dividends and the re-appointment of Managing Director B Saravanan, who retires by rotation.

Special Resolutions and Governance

Shareholders will consider a special resolution to alter the Object Clauses of the Memorandum of Association. This change aligns the company’s charter with the Companies Act, 2013, removing the obsolete "Other Objects" clause. The Board also seeks ratification of remuneration for Cost Auditor Sri M Nagarajan.

Voting and Logistics

Remote e-voting will be available from September 19 to September 22, 2026. The cut-off date for dividend payment and voting reckoning is September 16, 2026. Central Depository Services (India) Limited has been engaged to facilitate the e-voting process.

Members holding shares in physical form are reminded to update their KYC details with the Registrar and Transfer Agent to ensure smooth processing of dividend payments and service requests.