India Pesticides Limited has received a CRISIL ESG Score of 57 for Fiscal 2026. The rating reflects the company’s environmental, social, and governance disclosures as assessed by the SEBI-registered Category-I ratings provider.

The assessment is based solely on the company’s disclosures for FY26 and other publicly available information. India Pesticides disclosed the rating pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rating Details

The information is also available on the company’s website. The disclosure was issued on September 5, 2026.

India Pesticides Limited shareholders approved all six resolutions placed before the company’s 41st annual general meeting held on August 31, 2026. The vote included the adoption of audited financial statements for FY26 and a final dividend declaration.

The meeting was conducted through video conferencing and other audio-visual means, with no physical presence of members at the venue. GSK & Associates served as the scrutinizer for the voting process.

Voting Results Overview

Shareholders holding 11,51,63,508 equity shares were eligible to vote. A total of 8,71,07,667 votes were polled, representing approximately 75.64% of outstanding shares. The promoter group held 7,33,00,698 shares, while public non-institutional investors held 4,16,87,541 shares.

Key Resolutions Passed

Financial Statements and Dividend

Shareholders adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The board also secured approval to declare a final dividend on equity shares for FY26.

Director Re-appointments and Remuneration

The meeting approved the re-appointment of Dr. Kuruba Adeppa as Whole-Time Director, who retires by rotation under Section 152(6) of the Companies Act, 2013. Additionally, shareholders passed special resolutions to increase the remuneration of both Dr. Kuruba Adeppa and Dr. Udaya Bhaskar Mantripragada.

What the Numbers Show

The voting pattern reveals significant divergence between promoter and public shareholder sentiment regarding management compensation. While the promoter group cast zero votes against any resolution, public non-institutional investors voted against the remuneration increases for both directors with 6,887 votes each. This accounts for nearly all opposition across the special resolutions, indicating specific scrutiny from retail and non-institutional stakeholders on executive pay packages despite overwhelming overall support.