Gem Enviro Management has fixed Monday, September 21, 2026, as the record date for determining shareholders eligible for the final dividend of ₹0.25 per equity share for FY26. The company will hold its 13th Annual General Meeting on Monday, September 28, 2026.

The register of members and share transfer books will remain closed from Tuesday, September 22, 2026, to Monday, September 28, 2026 (both days inclusive). This closure facilitates the processing of dividend payments and voting rights verification for the AGM.

Voting Rights and E-Voting

Beneficial owners recorded in the depositories' list at the end of business hours on the record date are entitled to vote. Shareholders can participate via Video Conferencing or Other Audio Visual Means. Electronic voting through CDSL’s facility opens on September 25, 2026, at 9:00 am and closes on September 27, 2026, at 5:00 pm.

Financial Performance for FY26

The company reported strong top-line growth despite margin pressures driven by regulatory changes in the Extended Producer Responsibility (EPR) sector. Consolidated revenue from operations rose to ₹10,181.12 lakh in FY26, up from ₹5,920.05 lakh in FY25. Standalone revenue reached ₹9,554.89 lakh, compared to ₹5,920.05 lakh in the previous year.

However, profitability contracted as higher procurement costs and increased competition impacted margins. Consolidated EBITDA fell to ₹669.92 lakh from ₹817.85 lakh in FY25. Consolidated Profit After Tax (PAT) declined to ₹473.05 lakh from ₹608.66 lakh. On a standalone basis, EBITDA was ₹659.12 lakh and PAT stood at ₹464.98 lakh.

Dividend and Director Reappointment

The Board of Directors has recommended a final dividend of ₹0.25 (5%) per equity share with a face value of ₹5 each. This payout is subject to member approval at the AGM. The dividend will be paid electronically, adhering to RBI guidelines, with tax deducted at source based on shareholder residential status.

Additionally, the meeting will consider the reappointment of Mr. Dinesh Pareekh as a Non-Executive Director. He retires by rotation and has offered himself for re-appointment. Mr. Pareekh attended all 11 board meetings during the year and holds a 3.02% stake in the company.

Strategic Business Expansion

A key special resolution seeks to alter Clause 3(A) of the Memorandum of Association to broaden the company’s operational scope. The revised object clause enables engagement in:

• Comprehensive waste management, including recycling and disposal of solid, liquid, hazardous, and electronic waste.
• Reverse logistics solutions for beverage packaging using digital technologies and Deposit Refund Systems.
• Consultancy services for environmental compliance, carbon credit trading, and sustainability reporting.
• Development of AI-driven solutions for waste tracking, resource optimization, and circular economy initiatives.
• Establishment of sustainable industrial zones and eco-industrial parks.

This expansion aims to provide legal authority for new business activities aligned with long-term growth strategies in the environmental sector.

Registered Office Shift

The company also proposes shifting its registered office from Delhi to Uttar Pradesh. The new address will be located in Noida, Sector 136. This administrative change is necessitated by a change in ownership of the existing premises in Delhi and requires confirmation from the Regional Director. The shift does not impact shareholder rights or creditor interests.

What the Numbers Show

The divergence between revenue growth and profit contraction highlights the impact of regulatory shifts. While revenue nearly doubled YoY, PAT declined by approximately 22% on a consolidated basis. This suggests that the volume growth in EPR services was offset by rising procurement costs and margin compression, likely due to the introduction of the CPCB’s EPRETP platform which increased price transparency and competition. The company’s pivot towards high-margin advisory and infrastructure services aims to mitigate this concentration risk.

GEM Enviro Management Limited filed its Business Responsibility & Sustainability Report (BRSR) for FY26, disclosing a turnover of ₹95,54,89,218.71 and highlighting significant operational risks linked to regulatory changes in the waste management sector.

The report, submitted to the BSE SME platform on September 3, 2026, outlines the company’s exposure to the Central Pollution Control Board’s (CPCB) Extended Producer Responsibility Electronic Trading & Settlement Platform (EPRETP). Management identified the shift from bilateral negotiations to an exchange-trading model as a primary risk, citing potential adverse pressure on profit margins and business volumes.

What the Numbers Show

The financial disclosures reveal a lean operational structure with high revenue concentration. The company operates solely on a standalone basis with no international presence, generating 93% of its turnover through EPR credit facilitation services. With a paid-up capital of ₹11.27 crore and a net worth of ₹53.01 crore, the firm maintains a modest balance sheet relative to its turnover. Notably, the company reported zero safety incidents and nil complaints across all stakeholder groups during the fiscal year.

Operational Risks and Strategy

The BRSR identifies three core risks: the introduction of the CPCB’s EPRETP portal, technology-driven disruption in the compliance ecosystem, and increased competition due to low entry barriers. To mitigate these threats, management plans to build internal capabilities to operate on the new platform while exploring diversification into broader sustainability-led business verticals.

Governance and Human Capital

The company employs 39 individuals, comprising 36 permanent employees and 3 non-permanent staff. Women constitute 26% of the total workforce and hold 25% of Board seats. The report confirms 100% coverage of health insurance for permanent employees and adherence to statutory retirement benefits, including Provident Fund and Gratuity. No disciplinary actions or human rights grievances were recorded in FY26.