Nahar Poly Films has filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the stock exchanges. The filing, dated August 29, 2026, discloses the company's adherence to environmental, social, and governance principles for the financial year ended March 31, 2026.

The report highlights the company's operational footprint, which includes two plants and four offices across India. It serves customers in 28 domestic states and exports to 23 countries, contributing 6.96% to total turnover. The entity operates on a standalone basis for these disclosures.

Environmental Performance

Nahar Poly Films reported a reduction in total energy consumption to 254,761,483,440 Joules in FY26, down from 255,766,274,704 Joules in FY25. Energy intensity per rupee of turnover improved to 36.94 from 38.41 in the prior year.

Water withdrawal decreased significantly to 72,346 kiloliters from 82,653 kiloliters in FY25, with all water sourced from groundwater. The company maintains a zero liquid discharge policy, utilizing treated sewage for horticulture. Total waste generated fell to 560.67 metric tonnes from 676.95 metric tonnes in FY25.

Social Metrics

The workforce comprises 174 permanent employees and 286 workers. Turnover rates for permanent employees declined to 1.50% in FY26 from 4.00% in FY25. Similarly, permanent worker turnover dropped to 2.00% from 6.00%.

Safety records show no lost-time injuries for employees or workers in FY26. One recordable work-related injury was reported among workers, consistent with FY25 figures. No fatalities occurred during the period.

Governance and CSR

The company reported 11 customer complaints received during FY26, all resolved by year-end. Seven shareholder complaints were filed, with one pending resolution as of March 31, 2026, subsequently resolved on April 1, 2026. No penalties or fines were paid to regulatory agencies.

Corporate Social Responsibility spending was set off against a surplus balance of ₹44.32 lakhs carried forward from previous years, fulfilling the ₹49.17 lakh obligation for FY26 without new cash outflow.

Nahar Poly Films Limited has approved the re-appointment of four Independent Directors for their second terms, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The Board’s decision, based on the recommendation of the Nomination and Remuneration Committee, ensures continuity in corporate governance as the company navigates operational headwinds in Q1FY26. This procedural update accompanies the company’s recent declaration of a ₹1.50 per share dividend and its Q1FY26 financial results, which showed a 58% year-on-year decline in net profit to ₹6.23 crore.

The re-appointments were disclosed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dr. Anchal Kumar Jain will serve a second term of five consecutive years from May 25, 2027, to May 24, 2032. Dr. Roshan Lal Behl, Dr. Prem Lata Singla, and Dr. Rajan Dhir will serve identical five-year terms commencing on August 24, 2027, and ending on August 23, 2032. All directors have submitted declarations confirming they are not disqualified under Section 164 of the Companies Act, 2013, nor debarred by SEBI or any other authority.

Director Profiles and Tenure

The Board retained experienced professionals with strong academic and industry backgrounds. Dr. Anchal Kumar Jain, aged 67, brings over 40 years of teaching experience, having retired as Professor and Head of Soil and Water Engineering from Punjab Agricultural University. He holds B.Tech, M.Tech, and Ph.D. degrees.

Dr. Roshan Lal Behl, 69, is an M.Com, MBA (Financial Management), and Ph.D. holder with over 39 years of teaching experience. He retired as Principal from Sri Aurobindo College of Commerce and Management in November 2019 and served as Director of Ludhiana Stock Exchange from 2012 to 2014.

Dr. Prem Lata Singla, 70, has 24 years of experience in teaching and research, having served as Principal at Bahi Nagahia Singh Memorials. She holds B.Sc, M.Sc, and Ph.D. degrees. Dr. Rajan Dhir, 68, possesses over 39 years of experience in Business Management and Administration, holding an M.Sc., MBA, and Ph.D. in Management. He has authored various research papers on Corporate Governance.

Financial Context and AGM Details

The governance updates occur against a backdrop of softened demand and higher input costs, which led to a 19% contraction in standalone revenue from operations to ₹159.92 crore in Q1FY26. EBITDA declined to ₹152 million from ₹278 million year-on-year, with margins compressing to 9.48% from 14.00%. Despite this, the Board maintained the dividend payout, signaling confidence in cash flows supported by stable returns from associate companies, particularly Nahar Capital and Financial Services Limited, which contributed ₹5.46 crore to consolidated profits.

Shareholders will vote on these re-appointments during the 38th AGM. Remote e-voting facilities will be available from September 22, 2026, at 9:00 A.M. to September 24, 2026, at 5:00 P.M., with a cut-off date of September 18, 2026. Central Depository Services (India) Limited (CDSL) will facilitate the e-voting process and Video Conference/Other Audio-Visual Means (VC/OAVM) participation. The Register of Members will remain closed from September 5, 2026, to September 9, 2026, for dividend payment purposes.