Gulshan Polyols Limited has scheduled its 26th Annual General Meeting (AGM) for Friday, September 11, 2026. The meeting will commence at 1:00 pm at The Solitaire INN Hotel, located at 6 Mile Stone, Meerut Road, National Highway 58, Muzaffarnagar, Uttar Pradesh.

The company issued the intimation on August 17, 2026, in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Reetika Pant, Company Secretary, signed the communication addressed to the Bombay Stock Exchange and the National Stock Exchange of India Limited.

Meeting Details

The notice for the AGM will be available on the company’s website. This disclosure serves as a formal record for regulatory bodies and shareholders.

E-Voting and Dispatch Details

The company completed the dispatch of the Annual Report for FY25-26 and the Notice of the 26th AGM on August 18, 2026. The documents were sent electronically to members whose email addresses were registered with the company or its Registrar and Share Transfer Agent, Alankit Assignments Limited, as of August 14, 2026.

Shareholders holding shares in physical or dematerialized form as of the cut-off date of Friday, September 4, 2026, are eligible to vote. The remote e-voting facility is available through the NSDL system from Tuesday, September 8, 2026, at 9:00 am until Thursday, September 10, 2026, at 5:00 pm. Once a vote is cast, it cannot be modified.

Mr. Tanuj Vohra, Partner at TVA & Co. LLP, has been appointed as the Scrutinizer to oversee the voting process.

Dividend and Book Closure

The Register of Members and Share Transfer Books will remain closed from Saturday, September 5, 2026, to Friday, September 11, 2026 (both days inclusive) for the purpose of the AGM.

The record date for the payment of dividend, if declared, is Friday, August 28, 2026. Dividend income is taxable in the hands of shareholders, and the company will deduct Tax at Source (TDS) at applicable rates during payment.

Gulshan Polyols Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing provides a detailed breakdown of the company’s operational footprint, revenue composition, and sustainability metrics for FY26.

Revenue Composition

Ethanol remains the dominant revenue driver for the company, contributing 59.13% to total turnover in FY26. Sorbitol followed as the second-largest segment with 14.71%, while by-products accounted for 11.10%. Fructose and sweeteners contributed 4.51%, liquor/country liquor 3.86%, and starch 3.13%.

Exports constituted 5.049% of the total turnover during the year. The company serves customers across multiple industries, including dentifrice, personal care, food, paper, pharma, footwear, plastics, printing, paint, oil marketing companies, animal feed, rubber, and automobiles.

Workforce and Safety

As of March 31, 2026, the company employed 368 permanent employees and 965 workers (comprising 209 permanent and 756 non-permanent workers). Women represented 7.33% of permanent employees but held 40% of Board seats and 50% of Key Management Personnel positions.

The company recorded one fatality among workers in FY26, matching the figure from FY25. The Lost Time Injury Frequency Rate (LTIFR) remained at zero for both employees and workers. No recordable work-related injuries were reported for employees, while workers had zero recordable injuries in FY26 compared to one in FY25.

Environmental Metrics

Total energy consumption from renewable sources stood at 13,74,67,641.36 J, while non-renewable sources contributed 1,39,59,788.40 J. Total water withdrawal increased to 34,05,008 kilolitres from 23,14,777 kilolitres in the prior year, driven by a rise in third-party water usage. Water consumption was 12,53,689 kilolitres.

Greenhouse gas emissions included 26,574.29 metric tonnes of CO2 equivalent for Scope 1 and 25,926.24 metric tonnes for Scope 2. Total waste generated was 52,358.66 metric tonnes, primarily comprising non-hazardous waste.

Governance and Compliance

The company disclosed monetary penalties totaling approximately ₹11.99 lakh during FY26. These included a GST penalty of ₹7,05,778 related to HSN classification disputes, a ₹20,000 penalty for wrongly taken ITC, a ₹4,00,000 fine from the Central Ground Water Authority for non-compliance with water metering norms, and a ₹93,144 income tax penalty for revenue discrepancies. No appeals were preferred against these orders.

CSR spending was applicable under Section 135 of the Companies Act, 2013, given the company’s turnover of ₹23,12,42,17,684 and net worth of ₹8,88,09,94,002. The company closed its foreign subsidiary, Gulshan Overseas – FZCO, in Dubai, which was legally dissolved on October 17, 2025.

What the Numbers Show

The divergence between renewable (~13.7 billion J) and non-renewable (~140 million J) energy consumption highlights a significant shift toward sustainable power sources, with renewables accounting for over 99% of total energy intake. Additionally, the rise in water withdrawal (+47% YoY) contrasts with stable production volumes, suggesting increased reliance on third-party water supplies rather than groundwater extraction alone.