Greenpanel Industries Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with BSE and NSE. The filing, submitted by Lawkush Prasad, Company Secretary & VP – Legal, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and its comprehensive ESG strategy. The report highlights Greenpanel's commitment to sustainable manufacturing, including 100% wood procurement from agro-forestry plantations and the implementation of Zero Liquid Discharge (ZLD) systems.

Governance and Oversight

The Board of Directors, comprising six members including four Independent Directors, oversees the company's ESG strategy. Mr. Shobhan Mittal, Managing Director & CEO, and Mr. Himanshu Jindal, Chief Financial Officer, are responsible for the implementation and oversight of the Business Responsibility policy. The company confirmed that all Independent Directors meet the criteria of independence prescribed under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations. The Board meets quarterly to review progress and provide strategic direction on sustainability matters.

Environmental Performance

Greenpanel reported that exports constituted 9.63% of its total turnover for the year. The company has focused on reducing its carbon footprint by transitioning to green power procurement at its Rudrapur facility and utilizing renewable energy through the Indian Energy Exchange (IEX). Key environmental initiatives include the use of process residues like bark and wood chips as alternative fuels in the energy plant, reducing reliance on fossil fuels. The company also reported implementing energy-efficiency measures such as Variable Frequency Drives (VFDs) and LED lighting systems across its plants.

Social and Employee Welfare

The company employed a total of 1,161 employees and 659 workers as of March 31, 2026. Greenpanel maintains an Occupational Health and Safety Management System (OHSMS) certified under ISO 45001:2018. The report indicates that no female employees took maternity leave during FY 2025. The company also conducts annual medical examinations for all staff and has established a dedicated Internal Complaints Committee to address sexual harassment grievances. No complaints were reported during the financial year.

Corporate Social Responsibility

Greenpanel's CSR initiatives focused on community development in areas surrounding its operational units, including Tirupati, Rudrapur, and Dehradun. Programs included mobile health services, nutrition support for schoolchildren, skill development training for youth, and farmers' training programs in natural farming. The company reported that it did not engage in sourcing materials from vulnerable or marginalized segments during the year. The CSR Committee met three times during the year to monitor the implementation of these programs.

Financial and Regulatory Disclosures

The company confirmed full compliance with all statutory requirements and reported no instances of non-compliance. Greenpanel does not have any subsidiaries as on March 31, 2026. The report also disclosed that the company did not raise any funds through preferential issue or warrant conversion during the financial year. The voting rights on 7,346 equity shares lying in the Unclaimed Suspense Account remain frozen until claimed by the rightful owners.

greenpanel industries has confirmed that its Promoter and Promoter Group, along with Persons Acting in Concert, did not create any encumbrance on their shares during the financial year ended March 31, 2026. The disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that no shares were pledged directly or indirectly by the promoters throughout the fiscal year.

The company submitted the confirmation to BSE Limited and the National Stock Exchange of India Limited for their information and records. The filing was signed by Shiv Prakash Mittal on behalf of the Promoter and Promoter Group.

Regulatory Disclosure

The communication was addressed to the Audit Committee of Greenpanel Industries Limited. The confirmation covers the entire financial year ended March 31, 2026, ensuring compliance with the disclosure requirements regarding share encumbrance.