India Pesticides Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing key environmental, social, and governance (ESG) metrics alongside financial highlights. The filing, submitted under Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reveals a turnover of ₹1,057 crore and a net worth of ₹1,018 crore. The report identifies chemical management, waste management, water usage, and climate change as primary risks with negative financial implications, while positioning product innovation and sustainable supply chains as opportunities.

The company reported a workforce of 1,126 permanent employees and 1,443 non-permanent workers as of March 2026. Turnover rates for permanent employees stood at 22.49% in FY25, down from 20.91% in FY24. India Pesticides Limited confirmed that its policies cover all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), approved by the Board and extended to value chain partners. The entity holds ISO certifications for quality (9001:2015), environmental management (14001:2015), occupational health and safety (45001:2018), and customer satisfaction (10002:2018).

Material Risks and Mitigation

The BRSR outlines specific strategies to mitigate identified risks:

India Pesticides Limited implemented Zero Liquid Discharge (ZLD) at both manufacturing sites using Reverse Osmosis (RO), Multiple Effect Evaporator (MEE), and Spray Dryers. The company also initiated Product Carbon Footprint calculations to identify emission scopes and adopted renewable resources to reduce Scope 2 emissions.

Governance and Compliance

The report states that no monetary penalties or fines were paid during the year. However, it disclosed non-monetary regulatory interactions, including search operations by the Income Tax Department in December 2024. The company filed a return of undisclosed income for the block period April 1, 2018, to February 10, 2025, with assessment proceedings pending before the Assessing Officer. Additionally, a notice under Section 142(1) of the Income-tax Act, 1961, was received and responded to.

Employee Well-being and CSR

Spending on employee and worker well-being measures accounted for 0.18% of total revenue in FY25, compared to 0.20% in FY24. All permanent employees and non-permanent workers were covered by accident insurance. The Board of Directors comprised nine members, including one woman (11.11% representation). Key CSR initiatives included the 'Samagra Sudhar' project benefiting 11,353 individuals and the 'Chuppi Tod Halla Bol' project combating child sexual abuse, which reached 553,306 beneficiaries. The company also spent ₹1,17,83,147 on CSR activities in the Sandila Block, Hardoi District, designated as an aspiration block.

india pesticides will convene its 41st Annual General Meeting (AGM) on Monday, August 31, 2026, via Video Conferencing or Other Audio Visual Means (VC/OAVM). The meeting aims to secure shareholder approval for a final dividend of ₹0.75 per equity share for FY26, alongside special resolutions to increase the remuneration of two Whole-Time Directors by 10%. These decisions reflect the company’s focus on rewarding shareholders while aligning executive compensation with performance and increased responsibilities.

The Board of Directors recommended the dividend during its meeting on May 23, 2026. Shareholders holding equity shares as of the record date, Monday, August 24, 2026, will be eligible to receive the payout. Payment will be processed within 30 days of the AGM’s conclusion via electronic transfer to registered bank accounts or through warrants for those without updated banking details. The dividend is subject to Tax Deducted at Source (TDS) as per the Income Tax Act, 2025.

Executive Remuneration Revisions

Shareholders will vote on special resolutions to approve a 10% increase in the annual remuneration of Dr. Kuruba Adeppa and Dr. Udaya Bhaskar Mantripragada, effective April 1, 2026. The revisions are based on performance appraisals and recommendations from the Nomination and Remuneration Committee.

Dr. Kuruba Adeppa, who retires by rotation, also seeks re-appointment as Whole-Time Director. The proposed remuneration packages include salary, perquisites, allowances, and benefits, capped within the limits prescribed under Schedule V of the Companies Act, 2013.

Cost Auditor Ratification

The AGM will also ratify the appointment of M/s Honey Singh & Associates as Cost Auditors for FY27. The Board approved their remuneration at ₹2.25 lakh per annum, plus applicable taxes and reimbursement of out-of-pocket expenses. This resolution requires shareholder approval pursuant to Section 148 of the Companies Act, 2013.

E-Voting and Participation Details

In compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, remote e-voting is facilitated by National Securities Depository Limited (NSDL).

Members who have not cast their votes remotely may vote electronically during the AGM via Insta Poll. Once a vote is cast, it cannot be modified. Mr. Saket Sharma (FCS: 4229), Partner at M/s GSK & Associates, has been appointed as the Scrutinizer to oversee the voting process. Results will be declared within two working days of the meeting’s conclusion.