I G Petrochemicals Limited will hold its 37th Annual General Meeting on August 6, 2026, via video conference. The meeting will transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026, and the declaration of dividends for the same period. Shareholders will also consider the re-appointment of Shri Nikunj Dhanuka, who retires by rotation.

The special business agenda includes the re-appointment of Shri Sagar Jadhav as Executive Director for a period of three years effective July 1, 2026. The resolution seeks approval for his remuneration, which includes a basic salary of ₹5,85,200 per month and variable pay not exceeding ₹21,00,000 per annum. The Board has recommended this appointment based on his experience in the chemical industry.

Remuneration and Auditor Ratification

Shareholders will vote on paying commission to Non-Executive Directors not exceeding 0.20% of net profits for five years commencing from FY 2025-26. Additionally, the meeting will ratify the remuneration of M/s. Krishna S & Associates, Cost Accountants, for the audit of cost records for FY 2026-27. The approved fees are ₹60,000 plus taxes and reimbursement of actual travel and out-of-pocket expenses.

Key Meeting Details

The Register of Members and Share Transfer Books will remain closed from July 31, 2026, to August 4, 2026, for the purpose of the AGM and dividend payment. If the dividend is approved, payment will be made on or after August 13, 2026. The facility for remote e-voting is available to members whose names appear in the Register of Members or Beneficial Owners as on the record date.

I G Petrochemicals Limited filed its Business Responsibility and Sustainability Report for the financial year 2025-26, disclosing progress against its environmental sustainability targets. The Company reported a 9.79% reduction in specific power consumption compared to the FY 2023-24 baseline, exceeding its targeted reduction of 5%. Additionally, total Scope 1 and Scope 2 emission intensity decreased by 5.17%, while overall waste intensity reduced by 10.15% during the same period.

The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the Company's performance across nine principles of the National Guidelines on Responsible Business Conduct. I G Petrochemicals, which specializes in the manufacturing of inorganic and organic chemicals, reported that exports contributed 10.33% of its total turnover for the year.

Environmental Performance

The Company recorded substantial reductions in key air pollutants during FY 2025-26. Emissions of NOx fell by 17.05% to 56,047 kg, while SOx emissions dropped by 25.04% to 24,111 kg. Particulate matter emissions also decreased by 21.68% to 68,600 kg. However, water intensity increased by 7.72% compared to the FY 2023-24 baseline, prompting the Company to undertake focused measures to improve water efficiency and conservation.

IGPL maintained ISO 14001:2015 certification for environmental management and implemented a Zero Liquid Discharge (ZLD) mechanism. The Company reported that more than 80% of wastewater was recycled through treatment and reuse systems. Total energy consumption for the year stood at 346,892 GJ, with energy intensity per rupee of turnover recorded at 1.77 GJ/lakh.

Social and Governance Metrics

The Company’s workforce comprised 360 employees and 468 workers as of the end of the financial year. Women accounted for 3.61% of the total employee strength and 0.43% of the total workforce. The Board of Directors included one female member out of seven, representing 14.28% of the Board.

Safety performance showed improvement, with the Lost Time Injury Frequency Rate (LTIFR) for employees decreasing to 1.39 from 1.49 in the previous year. The Company reported zero fatalities and zero cases of permanent disabilities during the year. Regarding human rights, I G Petrochemicals confirmed that 100% of permanent employees were paid wages more than the minimum wage, and no complaints were reported under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Key Sustainability Metrics FY 2025-26