The Bombay Dyeing and Manufacturing Company Limited has scheduled its 146th Annual General Meeting (AGM) for August 7, 2026, to be held via video conferencing. The company is providing the web-link for the Annual Report for the financial year 2025-26 to members whose email addresses are not registered with the company or its Registrar & Transfer Agent. This communication follows the filing of its Business Responsibility and Sustainability Report (BRSR) for FY26, which details the company's environmental, social, and governance (ESG) performance across its Polyester, Realty, and Retail divisions.

Sustainability Initiatives

During the financial year, the company accelerated its transition toward low-carbon transportation by integrating battery-operated electric vehicles into its logistics and employee transportation fleets. To optimize industrial energy efficiency, the company utilized Vapour Absorption Machine (VAM) technology, which captures and repurposes waste heat or steam for cooling purposes. Additionally, the company continued its commitment to open-access solar arrangements to source clean, renewable solar power directly, reducing dependence on conventional fossil fuels.

Ecological balance and internal advocacy formed the core of the company's environmental conservation strategy. The company organized extensive tree plantation drives in collaboration with local communities and environmental agencies. Internally, it fostered a culture of shared responsibility through a comprehensive Employee Awareness Campaign, which included sustainability-themed competitions, quizzes, and innovation workshops.

Operational and Financial Disclosures

The company reported a paid-up capital of ₹45.20 crore, comprising 20,65,34,900 Equity Shares of ₹2/- each aggregating to ₹41.31 crore and unlisted 3,88,800, 8% Redeemable Non-Convertible Non-Cumulative Preference Shares of ₹100/- each aggregating to ₹3.89 crore. The disclosures under the report are made on a standalone basis for the company.

The company identified several material responsible business conduct issues, including plastic waste management, resource efficiency, and rising prices of raw materials. It noted that there was no negative financial impact in the reporting period of FY 2025-26 for these identified risks. The company's average net profit for the last three financial years was negative; therefore, it was not required to spend any amount on Corporate Social Responsibility (CSR) activities for the financial year 2025–26, though it undertook voluntary initiatives.

Employee and Stakeholder Engagement

As of the end of the financial year, the company had a total of 449 employees and 933 workers. The Board of Directors comprised 11 members, with female representation at 18.18%. The company reported that no complaints were received from communities, investors, employees, or workers during the year. Shareholders filed 25 complaints, all of which were promptly resolved. Customers filed 80 complaints, with two pending resolution at the close of the year.

The company's Polyester Staple Fibre (PSF) division contributed 94.40% to the total turnover, while the Real Estate and Retail divisions contributed 2.20% and 3.40%, respectively. The PSF division had an export contribution of 15.07% to its turnover.

The report confirms that the company has not reported any material non-compliances with applicable statutory requirements and that an external evaluation of its policies was conducted by Dhir & Dhir Associates.

The Bombay Dyeing and Manufacturing Company Limited has recommended a dividend of Rs 0.40 per share for the financial year ended March 31, 2026. The payment will be made after August 7, 2026, to shareholders holding shares as on the record date of July 31, 2026, subject to approval at the Annual General Meeting. Shareholders must update their tax details and submit necessary documentation by the record date to ensure the correct Tax Deduction at Source (TDS) is applied, as per the Income Tax Act, 2025.

The Board of Directors recommended the dividend at its meeting held on May 8, 2026. The company stated that dividends are taxable in the hands of shareholders and that it is obligated to deduct TDS at applicable rates. To facilitate this, shareholders must ensure details such as Permanent Account Number (PAN), residential status, and category are updated with the depository participant or the Registrar and Share Transfer Agent, KFin Technologies Limited, by July 31, 2026.

TDS Rates and Documentation Requirements

The applicable TDS rates vary based on the shareholder's category and residency status. Resident individuals with a valid PAN will face a 10% TDS, while those without a valid PAN or an unlinked Aadhaar will be subject to a 20% deduction. Certain entities, such as Mutual Funds, Insurance Companies, and Alternative Investment Funds (Category I and II), are eligible for 0% TDS upon submission of valid self-declarations and registration certificates.

Non-resident shareholders are generally subject to a 20% TDS. However, those seeking benefits under Double Taxation Avoidance Agreements (DTAA) must submit specific documents, including a Tax Residency Certificate (TRC) for TY 2026-27 and electronically filed Form 41. The company clarified that it is not obligated to apply beneficial DTAA rates without satisfactory review of these documents.

Submission Deadlines and Compliance

Shareholders must upload all required tax-related documents to the KFin Technologies Limited portal by July 31, 2026. Resident individual shareholders can also submit Form 121 through their depository participants (NSDL or CDSL). The Register of Members will remain closed from August 1, 2026, to August 7, 2026. The company emphasized that no communication regarding tax determination would be entertained post the July 31 deadline, and any higher tax deducted due to non-compliance would not be refundable by the company, though shareholders may claim a refund via their income tax returns.