Radico Khaitan filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and National Stock Exchange of India Limited. The filing, submitted pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's Environmental, Social, and Governance (ESG) performance. The report covers the period from April 1, 2025, to March 31, 2026, on a standalone basis and has undergone reasonable assurance by Agile ESG Advisors Private Limited.

The company reported that it continues to operate Zero Liquid Discharge (ZLD) systems across all manufacturing facilities, enabling effective water recycling and responsible water management. Radico Khaitan has implemented a Condensate Processing Unit (CPU) across its distillery operations, which has increased biogas generation capacity from approximately 3,000 m³/day to 3,500 m³/day. During FY2026, the company facilitated the recycling of 14,728 MT of plastic waste as part of its Extended Producer Responsibility (EPR) commitments.

Environmental Performance

Radico Khaitan's environmental stewardship initiatives include advanced effluent treatment, water recycling, and rainwater harvesting. The company reported energy intensity per rupee of turnover at 1.83 for FY2026, down from 2.47 in the previous year. Water intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) stood at 0.15, compared to 0.21 in FY2025. The company is fully compliant with all applicable environmental laws, regulations, and guidelines as prescribed under Indian legislation.

Social and Governance Disclosures

The company reported a total workforce of 1,543 permanent employees and workers as of the end of the financial year. The cost incurred on well-being measures as a percentage of total revenue was 0.02% in FY2026, compared to 0.06% in the previous year. Radico Khaitan confirmed that there were no fines, penalties, or settlements requiring disclosure based on materiality as specified in Regulation 30 of the SEBI Listing Regulations. The company also reported zero instances of data breaches during the year.

Radico Khaitan's governance framework includes an ESG Committee responsible for decision-making on sustainability-related issues. The company's policies are approved by the Board of Directors or relevant Board Committees and are periodically reviewed. The report highlights that no non-compliance was observed against any National Guidelines on Responsible Business Conduct (NGRBC) Principles during the reporting period.

Radico Khaitan Limited has fixed Friday, July 24, 2026, as the record date to determine the eligibility of members entitled to receive the final dividend for FY2025-26. The Board of Directors recommended a dividend of ₹9 per equity share of face value ₹2 each (450%) at its meeting held on May 6, 2026, subject to shareholder approval at the ensuing Annual General Meeting. This compares with a dividend of ₹4 per equity share (200%) declared for the previous year, reflecting the company's strong financial performance and its formalised minimum 20% dividend payout policy.

Key AGM and Dividend Details

The following table summarises the key dates and parameters for the 42nd AGM and dividend:

AGM Agenda and Ordinary Business

The 42nd AGM will transact the following ordinary and special business items. The notice of the AGM and the Annual Report for FY2025-26 are being sent electronically to members whose email addresses are registered with the company, KFin Technologies Limited (Registrar and Transfer Agent), or Depository Participants. Members whose email addresses are not registered will receive a letter providing the web-link to access the Annual Report.

E-Voting and Dividend Payment Procedures

The company is providing a remote e-voting facility through KFin Technologies Limited. Members holding shares as on the cut-off date of Friday, July 31, 2026, are eligible to cast their votes electronically. Members attending the AGM who have not cast their vote through remote e-voting shall be eligible to vote at the AGM through ballot paper. The Board of Directors has appointed Mr. Tanuj Vohra, Partner, TVA & Co. LLP (Membership No. FCS 5621, CP No. 5253) as the Scrutinizer for the e-voting process.

Pursuant to applicable SEBI regulations, dividends shall be paid only in electronic mode, including to members holding securities in physical form. Payment through dividend warrants or cheques has been discontinued. Members are requested to update their bank account details with their Depository Participants or with KFin Technologies Limited (RTA) to ensure seamless credit.

Tax on Dividend

Dividend income is taxable in the hands of members under the Income Tax Act, 2025, read with the Income Tax Rules, 2026. The company is required to deduct tax at source at applicable rates. The dividend for FY2025-26, upon declaration at the AGM, will be taxable in the hands of shareholders in FY2026-27 (Assessment Year 2027-2028). Members are requested to submit requisite tax-related documents or declarations, including Form No. 121 wherever applicable, on or before Friday, July 24, 2026, to enable determination of the appropriate TDS rate. Documents may be uploaded on the RTA website or sent to einward.ris@kfintech.com .

FY2026 Financial Highlights

The dividend recommendation reflects a strong financial performance by Radico Khaitan in FY2025-26. The company crossed two key milestones during the year, with net revenue exceeding ₹6,000 Crore and EBITDA crossing ₹1,000 Crore. The following table presents the key financial scorecard:

Total IMFL volumes grew 22.2% Y-o-Y to 38.33 million cases, with the Prestige & Above segment delivering volume growth of 28.5% to 16.70 million cases. The luxury and semi-luxury portfolio achieved sales value of ₹475 Crore, compared to ₹340 Crore in FY2025. Net debt reduced by ₹329 Crore during the year, and the company stated it is on track to become debt-free in H1 FY2027.