Jindal Worldwide Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-2026 to the National Stock Exchange of India Limited and BSE Limited, pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, signed by Company Secretary and Compliance Officer Mr. Ashish Thaker on 8th August, 2026, covers the period from 1st April, 2025 to 31st March, 2026 and is prepared on a standalone basis.

Company Overview and Operations

Incorporated on 2nd September, 1986, Jindal Worldwide Limited is engaged primarily in the manufacturing and trading of textile and apparel products, with its registered and corporate office located at "Jindal House", Satellite, Ahmedabad – 380015, Gujarat. The company's paid-up capital stands at Rs. 1,00,26,02,000. Its business activities are distributed as follows:

The company's top products by turnover contribution include manufacturing of fabrics (NIC Code: 13121) at 82.86%, wholesale of textile fibres (NIC Code: 46695) at 3.42%, and manufacturing of yarn (NIC Code: 13139) at 2.47%. Jindal Worldwide serves markets across 16 states domestically and 24 countries internationally, with exports contributing 9.93% of total turnover. The company operates 2 national plants, 1 national office, and 2 international offices.

Workforce and Employee Well-Being

As at the end of FY 2025-2026, the company employed a total of 556 permanent employees and 850 permanent workers, with no other-than-permanent employees or workers on record.

The Board of Directors comprises 6 members, of whom 1 (16.7%) is female. All 3 Key Management Personnel are male. Mr. Ashish Thaker was appointed as Company Secretary and Compliance Officer effective April 4, 2025. The permanent employee turnover rate for FY 2025-2026 stood at 30.35% (male: 30.18%, female: 35%), while the permanent worker turnover rate was 71.65%. Health and safety training coverage reached 100% for both employees and workers during the year. The cost incurred on well-being measures as a percentage of total revenue was 0.0027% in FY 2025-2026, compared to 0.0073 in FY 2024-2025.

Subsidiaries, Associates, and CSR

The company holds the following subsidiaries and associate companies:

Notably, Goodcore Spintex Limited (formerly Goodcore Spintex Private Limited) ceased to be an associate company with effect from 06.08.2025, and June Industries Limited (formerly Kashyap Tele-Medicines Limited) ceased to be an associate company with effect from 20.05.2025. CSR is applicable to the company under Section 135 of the Companies Act, 2013, with a reported turnover of Rs. 22,19,91,92,860 and net worth of Rs. 8,41,65,80,704.

Environmental Performance

The company's total energy consumption for FY 2025-2026 was 1,89,648.34 GJ, of which 1,89,070.79 GJ was from non-renewable sources and 577.55 GJ from renewable sources. Key environmental metrics are summarised below:

Air emissions recorded for FY 2025-2026 included NOx at 7.92 ppm/volume, SOx at 82.42 ppm/volume, and Particulate Matter (PM) at 106 microgram/cubic metre. The company has initiated the use of biomass as a sustainable fuel for steam generation, replacing coal, and has expanded solar panel usage to reduce energy consumption. The company plant at Saijpur Gopalpur, Ahmedabad is identified as a designated consumer under the PAT Scheme of the Government of India and is in the process of registration.

Governance, Compliance, and Consumer Redressal

The Vice Chairman and Managing Director, Mr. Amit Yamunadutt Agarwal, is responsible for decision-making on sustainability-related issues and for the implementation and oversight of Business Responsibility policies. All nine NGRBC principles are covered by Board-approved policies, which have been translated into procedures. Performance against policies is reviewed annually, while statutory compliance is reviewed quarterly.

During FY 2025-2026, a monetary penalty of ₹ 11900 was paid to SEBI (NSE & BSE) under Principle 1, with no appeal preferred. No disciplinary actions for bribery or corruption were recorded against any directors, KMPs, employees, or workers. The number of days of accounts payable stood at 26 in FY 2025-2026, compared to 30 in FY 2024-2025.

On the consumer front, 767 customer complaints were filed during FY 2025-2026, with 13 pending resolution at year-end, compared to 267 filed and 20 pending in FY 2024-2025. No complaints were recorded in categories such as data privacy, advertising, cyber-security, or unfair trade practices. There were zero product recalls on account of safety issues, and zero data breaches were reported during the year. The company's grievance redressal mechanism and all relevant policies are accessible on its website at https://www.jindaltextiles.com/investor.php .

Jindal Worldwide Limited has filed its Annual Report for FY 2025-26 and issued a notice convening its 40th Annual General Meeting (AGM) on Tuesday, 1 September 2026 at 3:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The filing was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report is available on the company's website at www.jindaltextiles.com .

Financial Performance: FY 2025-26 vs FY 2024-25

The company reported the following financial results for FY 2025-26. The table below presents a comparison of consolidated and standalone performance:

On a consolidated basis, total income increased by 0.18% to ₹2,29,500.52 Lakhs in FY 2025-26 compared to ₹2,29,077.54 Lakhs in FY 2024-25. Consolidated EBITDA declined 27.31% to ₹14,380.22 Lakhs from ₹19,781.98 Lakhs, while consolidated PAT decreased 12.84% to ₹6,517.44 Lakhs from ₹7,477.52 Lakhs.

On a standalone basis, total income increased marginally by 0.16% to ₹2,23,084.04 Lakhs. Standalone EBITDA declined 17.69% to ₹13,416.79 Lakhs, and standalone PAT decreased 13.83% to ₹6,257.32 Lakhs.

Revenue Breakdown and Key Metrics

The company's revenue mix reflects its integrated textile operations with a growing electric mobility segment. Key performance indicators for FY 2025-26 are presented below:

Foreign exchange earned in terms of actual inflows stood at ₹21,433.01 Lakhs, while foreign exchange outgo in terms of actual outflows was ₹2,100.99 Lakhs for the year ended 31 March 2026.

Manufacturing Capacity and Business Overview

Jindal Worldwide operates as an integrated textile manufacturer headquartered in Ahmedabad, Gujarat, with a legacy dating to 1986. The company's manufacturing capabilities span spinning, weaving, processing, dyeing, finishing, and packing. Key capacity metrics are as follows:

The company has an international footprint across 24 countries and serves customers across domestic and global markets through dealers, garment manufacturers, buying houses, and retail brands. Its consumer-facing brands include RICCORA and LINEN GRAZIA. Through its subsidiary Jindal Mobilitric Private Limited, the company is also present in the electric two-wheeler mobility segment.

Dividend and Capital Allocation

The Board of Directors, at its meeting held on 25 May 2026, decided not to recommend any dividend for FY 2025-26, citing conservation of profits for future plans and maintaining financial prudence. No amount was transferred to General Reserves during the year. The company's CSR obligation for FY 2025-26 was ₹229.41 Lakhs, against which ₹230.15 Lakhs was spent, resulting in an excess spend of ₹0.74 Lakhs.

40th AGM: Key Agenda Items

The 40th AGM will be held on 1 September 2026 via VC/OAVM. The e-voting period runs from Saturday, 29 August 2026 at 9:00 AM to Monday, 31 August 2026 at 5:00 PM, with a record date of Tuesday, 25 August 2026. The Register of Members and Share Transfer Books will remain closed from Wednesday, 26 August 2026 to Tuesday, 1 September 2026 (both days inclusive). Key agenda items include:

• Ordinary Business: Adoption of audited standalone and consolidated financial statements for FY 2025-26; re-appointment of Mr. Vikram Pushpak Oza (DIN: 01192552) as Non-Executive Non-Independent Director, liable to retire by rotation.
• Special Business – Agenda 3: Ratification of remuneration of ₹1,00,000/- (excluding applicable taxes and out-of-pocket expenses) payable to M/s. K.V.M & Co., Cost Accountants (FRN: 000458), Ahmedabad, as Cost Auditors for FY 2026-27.
• Special Business – Agenda 4: Re-appointment of Mr. Amit Yamunadutt Agarwal (DIN: 00169061) as Vice-Chairman & Managing Director for a period of 3 years with effect from 3 September 2026 to 2 September 2029, at a remuneration of ₹25 Lakhs per month / ₹3.00 Crores per annum.
• Special Business – Agenda 5: Increase in authorised share capital from ₹101,00,00,000 (Rupees One Hundred and One Crore only) to ₹146,00,00,000 (Rupees One Hundred and Forty-Six Crore only), divided into 146,00,00,000 equity shares of ₹1/- each, and consequent alteration of Clause V of the Memorandum of Association. This increase is proposed to facilitate a rights issue of equity shares up to an aggregate amount of ₹650 Crore (Rupees Six Hundred Fifty Crore Only), as approved by the Board on 7 August 2026.

Subsidiary and Associate Structure

As at 31 March 2026, the company's subsidiary and associate structure is as follows:

During the year, Goodcore Spintex Limited (formerly Goodcore Spintex Private Limited) ceased to be a wholly-owned subsidiary with effect from 6 August 2025 and continues as an associate. June Industries Limited (formerly Kashyap Tele-Medicines Limited) ceased to be an associate with effect from 20 May 2025 following the sale of the company's entire stake.

Auditor Observations and Governance

The statutory audit for FY 2025-26 was conducted by M/s. R. Choudhary & Associates, Chartered Accountants (FRN: 101928W), Ahmedabad. The Independent Auditor's Report on both standalone and consolidated financial statements carries no audit qualifications, reservations, adverse remarks, or disclaimers. The Secretarial Audit Report by M/s. SPANJ & Associates also carries no qualifications. During the year, the company received a fine of ₹11,900 (including GST) from BSE and NSE for a one-day delay in filing Related Party Transaction disclosures under Regulation 23(9) of SEBI LODR, attributable to a technical error during the XBRL upload process. The market capitalisation as at 31 March 2026 stood at ₹1,814.71 Crores on both BSE and NSE.