Kokuyo Camlin Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-2026, disclosing key environmental, social, and governance metrics alongside significant regulatory proceedings. The filing reveals that the company faces substantial tax demands, including a ₹162.97 crore notice from the Income Tax Department and an ₹8.13 crore penalty from the GST authorities, both of which are under appeal. Despite these challenges, the company reported zero lost time injuries and maintained full compliance with environmental laws during the reporting period.

The report highlights the company's operational footprint, with three manufacturing plants and three offices located nationally. Kokuyo Camlin reported a total workforce of 1,164 individuals, comprising 1,064 employees and 100 workers. Women accounted for 6% of the total workforce and held 20% of the seats on the Board of Directors. The company spent 0.14% of its total revenue on well-being measures for its staff, covering 100% of permanent employees and workers under health and accident insurance schemes.

Regulatory Proceedings and Financial Impact

The company disclosed material legal proceedings in its BRSR filing. The Income Tax Department issued an assessment order on March 20, 2026, for Assessment Year 2018–19, raising a demand of ₹162.97 crore. Following a rectification application, this demand was significantly reduced to ₹34.05 crore. Additionally, the Office of the Commissioner of GST & Central Excise imposed a penalty of ₹8,13,02,629 regarding the disallowance of GST credit. The company has filed appeals against both orders and disputes remain under adjudication.

Environmental Performance

Kokuyo Camlin's environmental data indicates a rise in energy consumption and greenhouse gas emissions compared to the previous year. Total energy consumed increased to 29,796.32 GJ in FY 2025-26 from 24,005.49 GJ in FY 2024-25. Consequently, the total Scope 1 and Scope 2 emissions rose to 4,277.82 metric tonnes of CO2 equivalent. The company generated 684.49 metric tonnes of waste, of which 53.7 metric tonnes were reused. Water withdrawal totaled 130,774 kilolitres, with an intensity of 1.62 kilolitres per ₹ lakh of turnover.

Governance and Stakeholder Engagement

The company confirmed that it has policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). It holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. During the year, the company received 100 customer complaints, of which one remained pending at the end of the year, while no complaints were reported from shareholders or employees regarding conflict of interest or sexual harassment. The Managing Director, Mr. Satish Veerappa, is responsible for the implementation and oversight of the company's Business Responsibility policies.

Rahul Soni has withdrawn from his appointment as Company Secretary and Compliance Officer at Kokuyo Camlin Limited due to personal reasons before assuming charge. The withdrawal means the scheduled effective date of July 27, 2026, for the position has been cancelled, leaving the company to initiate a new search for a suitable candidate.

The company had previously issued an offer of appointment to Mr. Soni, which he had accepted. Following this acceptance, Kokuyo Camlin Limited had initiated the necessary onboarding and formalities. However, Mr. Soni communicated his decision to decline the employment offer prior to joining.

This disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation serves as a continuation to the earlier communication regarding the outcome of the board meeting held on May 15, 2026.

Kokuyo Camlin Limited confirmed that it is currently in the process of identifying a replacement. The company stated that it will inform the stock exchanges of the new appointment in due course. The information has also been made available on the company's website.