Jayaswal Neco Industries Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The Nagpur-based manufacturer of iron and specialty steel products reported a standalone turnover of ₹7,131.82 crore for FY26. The filing, submitted to the National Stock Exchange and BSE on August 20, 2026, outlines the company's environmental, social, and governance performance alongside key operational metrics.

Operational and Financial Overview

The company’s revenue is heavily concentrated in its core manufacturing activities. Products such as billets, rolled products, pellets, pig iron, skull, and sponge iron accounted for 92.77% of the total turnover. Iron and steel castings contributed the remaining 7.23%. Exports remained minimal, contributing just 0.38% (₹27.08 crore) to the total turnover.

Environmental Stewardship

Jayaswal Neco Industries emphasized its progress in resource efficiency during the reporting period. The company reported a significant improvement in energy intensity, which declined to 4,347.94 GJ per INR crore of turnover from 4,912.00 GJ in FY25. Similarly, water intensity per crore of turnover improved to 675.50 KL/INR crore from 847 KL/INR crore.

The company maintained Zero Liquid Discharge (ZLD) across all manufacturing divisions. Total water withdrawal stood at 48,17,511 kiloliters, with no water discharged to surface or groundwater sources. Greenhouse gas (GHG) emissions intensity also decreased to 391.87 tCO₂e per INR crore of turnover, down from 458.00 tCO₂e in the previous year. Total Scope 1 and Scope 2 emissions were recorded at 27,94,748.92 metric tonnes of CO₂ equivalent.

Safety and Human Capital

The company employs 4,408 permanent employees and engages 5,607 contract workers. Jayaswal Neco Industries reported a decline in safety incidents. The Lost Time Injury Frequency Rate (LTIFR) for employees fell to 0.73 per million person-hours worked from 2.29 in FY25. For workers, the LTIFR decreased to 2.09 from 3.40. There was one fatality among workers in FY26, compared to none in the prior year.

Training coverage expanded significantly. Health and safety training reached 87.89% of employees and 87.36% of workers, up from 59.35% and 82.00% respectively in FY25. The company also noted that 95.37% of permanent employees were paid above the minimum wage.

Corporate Social Responsibility

Under its CSR initiatives, Jayaswal Neco Industries reached 4,09,430 beneficiaries, all from vulnerable and marginalized groups. Key focus areas included healthcare, sanitation, education, and rural infrastructure. The company spent ₹6.72 crore in Narayanpur and ₹2.53 crore in Kanker, both designated aspirational districts in Chhattisgarh. Additionally, 21.31% of input materials were sourced directly from MSMEs and small producers, up from 18.00% in FY25.

What the Numbers Show

A notable shift in procurement strategy is visible in the concentration of purchases. While the share of purchases from trading houses as a percentage of total purchases dropped sharply from 67.38% in FY25 to 55.27% in FY26, the reliance on the top 10 trading houses within that category increased substantially from 52.56% to 78.23%. This suggests a consolidation of supplier relationships among fewer key partners despite a broader reduction in overall trading house dependency.

Jayaswal Neco Industries has scheduled its 53rd Annual General Meeting (AGM) for Saturday, September 12, 2026, at 12:30 pm. The meeting will be conducted exclusively through Video Conference or Other Audio Visual Means (VC/OAVM), in compliance with the Companies Act, 2013, SEBI Listing Regulations, and Ministry of Corporate Affairs circulars. No physical presence of members is permitted.

The company has submitted its Annual Report for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited. The submission includes the Business Responsibility and Sustainability Report (BRSR) and the notice for the AGM.

Key Agenda Items

The AGM will transact both ordinary and special business. The key resolutions include:

• Adoption of Financials: Consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Director Re-appointments: Re-appointment of Shri Arvind Jayaswal (DIN: 00249864) and Shri Ramesh Jayaswal (DIN: 00249947), who retire by rotation and are offering themselves for re-election.
• Statutory Auditors: Re-appointment of M/s Chaturvedi & Shah LLP as Statutory Auditors for a second term from the conclusion of this AGM until the conclusion of the 58th AGM in 2031. Remuneration will be mutually agreed upon.
• Cost Auditor Ratification: Ratification of remuneration for Cost Auditors for the financial year ending March 31, 2027. The proposed remuneration is ₹1,75,000 for Cost Audit and ₹9,000 for XBRL document preparation, plus applicable taxes and out-of-pocket expenses on an actual basis, to M/s Manisha & Associates (FRN: 000321).

E-Voting and Record Dates

National Securities Depository Limited (NSDL) has been appointed to facilitate e-voting. Members holding equity shares in physical or dematerialized form as on the cut-off date of September 5, 2026, are eligible to vote electronically.

The remote e-voting facility will be active from 9:00 am on Wednesday, September 9, 2026, until 5:00 pm on Friday, September 11, 2026. Voting will not be allowed after this deadline. Results of the e-voting will be declared within two working days from the conclusion of the AGM and published on the company's website and the NSDL e-voting portal.

Document Distribution and Access

The Annual Report for FY25-26, along with the AGM notice and BRSR, will be sent via email only to members whose names appear in the register of members or depository records as on August 14, 2026, and who have registered email addresses. Shareholders without registered email IDs will receive an intimation containing a web link to access these documents, in accordance with Regulation 36(1)(b) of the SEBI LODR Regulations.

The documents are also publicly available on the company's website and the NSDL e-voting platform. The Register of Members and Share Transfer Books will remain closed from Sunday, September 6, 2026, to Saturday, September 12, 2026.