Britannia Industries Limited has disclosed an Environmental, Social and Governance (ESG) rating of 67 for FY26. The rating was assigned by NSE Sustainability Ratings and Analytics Limited, a SEBI registered Category I ESG Rating Provider, under the 'Aspiring' category.

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, following a report dated October 15, 2026. The rating is based on publicly available information disclosed by the company.

Revision in prior year rating

The ESG Rating Provider also revised the company's ESG rating for FY25 to 66. This marks a decline from the originally assigned rating of 67 for the same period, which had been disclosed in December 2025.

According to the report, the revision resulted from updates to the underlying data used for the assessment. Britannia Industries stated that it sought clarifications from the rating provider regarding these changes and is currently awaiting a response.

Disclosure timeline and regulatory compliance

The company received the updated report on October 15, 2026, at 3:53 pm IST. The filing confirms that any further revisions to the ESG rating, if made following the pending clarifications, will be disclosed to the stock exchanges in due course.

What the numbers show

The data reveals a slight downward revision in the historical performance metric while maintaining the current year's score at the same level as the previous original assessment. The shift from 67 to 66 for FY25 indicates that the rating provider adjusted its methodology or data inputs retroactively, creating a divergence between the initially reported and revised figures for the same fiscal year.

Britannia Industries has initiated a postal ballot process to secure member approval for the appointment of Sonny Iqbal as a Non-Executive Independent Director. The proposal, seeking ratification of his additional directorship, is open for remote e-voting from October 8, 2026, to November 6, 2026.

The company filed the notice with stock exchanges on October 6, 2026, under Regulation 30 of the SEBI Listing Regulations, 2015. The resolution requires a special majority approval from shareholders to confirm Mr. Iqbal’s tenure for five consecutive years, effective August 8, 2026, through August 7, 2031.

Profile and Expertise

Mr. Iqbal brings extensive experience in leadership development and family enterprise advisory. He holds a BA (Hons) from St. Stephen's College and an MBA in Marketing from the University of Surrey. His professional background includes 27 years at Egon Zehnder, where he co-founded the global Family Business Advisory Practice. He also serves as a Senior Advisor at ChrysCapital.

The Nomination and Remuneration Committee highlighted his expertise in:

• Leading large organisations with complex regulatory environments.
• Strategic planning within the consumer and FMCG sectors.
• Financial management and treasury functions.
• Governance and risk management frameworks.

Voting Schedule and Procedures

Shareholders holding equity shares as of the cut-off date, October 2, 2026, are eligible to vote. The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Voting rights are proportional to the paid-up equity share capital held by each member.

Members must cast their votes electronically; physical ballot forms will not be distributed. Institutional investors are required to submit authorised representative documents to the scrutinizer by the voting deadline. Results will be announced within two working days after the conclusion of the e-voting period.