Sharda Motor submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the BSE and NSE on September 1, 2026. The filing, signed by Assistant Company Secretary Iti Goyal, discloses standalone ESG metrics covering environmental impact, employee welfare, and governance practices.

Environmental Metrics

The company reported a total energy consumption of 56,358.85 GJ for FY26, an increase from 50,139.20 GJ in FY25. Renewable energy sources accounted for 21,743.08 GJ, while non-renewable sources contributed 34,615.77 GJ. Energy intensity per rupee of turnover decreased to 0.0000017 from 0.0000018 in the prior year.

Water withdrawal rose to 72,374.83 KL from 56,305.00 KL in FY25. Total water consumption stood at 62,643.63 KL. The entity discharged 11,774.56 KL of water, with most treated effluent reused on-site or sent to third parties.

Greenhouse gas emissions showed mixed trends. Scope 1 emissions increased to 457.53 metric tonnes of CO2 equivalent from 309.58 in FY25. Conversely, Scope 2 emissions fell to 5,749.17 metric tonnes from 6,213.73. For the first time, the company quantified Scope 3 emissions at 166,540.37 metric tonnes.

Waste Management

Total waste generated surged to 4,361.79 metric tonnes from 1,003.52 metric tonnes in FY25. This increase was driven by non-hazardous waste, which rose to 4,354.32 metric tonnes from 998.47 metric tonnes. The company recovered 4,360.89 metric tonnes through other recovery operations, disposing of only 0.89 metric tonnes via other disposal methods.

Employee Welfare & Safety

Sharda Motor employed 1,156 permanent employees and engaged 3,387 workers as of March 31, 2026. Female representation among permanent employees was 4.37%, while it stood at 5.2% among workers. The company reported a Lost Time Injury Frequency Rate (LTIFR) of 0.10 for employees and 0.41 for workers in FY26, compared to 0.82 for workers in FY25.

Spending on employee well-being measures accounted for 0.30% of total revenue, down from 0.49% in the previous year. The firm maintains ISO 45001:2018 certification for occupational health and safety across all facilities.

Governance & CSR

The board comprises six directors, including one woman (16.67%). Key Management Personnel includes one female representative (20.00%). No fines or penalties were imposed by regulators during the period. The company reported zero complaints related to sexual harassment, discrimination, or child labor.

Under its CSR initiatives, Sharda Motor benefited approximately 9,382 individuals through projects including medical clinics, ambulance services, and educational support. Procurement from MSME suppliers accounted for 15.05% of total inputs by value.

Sharda Motor Industries has scheduled its 41st Annual General Meeting for September 24, 2026, to approve a final dividend of ₹20 per equity share for FY26.

The meeting will be held via Video Conferencing or Other Audio-Visual Means at 12:00 noon. Shareholders on record as of September 18, 2026, are eligible to receive the payout and cast votes.

Key Agenda Items

The Board has placed several ordinary and special resolutions before shareholders:

• Adoption of standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of a final dividend of ₹20 per equity share (face value ₹2), representing a 1,000% payout on face value.
• Reappointment of Kishan N Parikh as a Director retiring by rotation.

Executive Leadership Renewal

Shareholders will vote on the reappointment of Ajay Relan as Whole-Time Director, designated as Executive Chairperson, for a five-year term commencing September 1, 2026.

The remuneration package includes a basic salary of ₹35 lakh per month, within a range of ₹25 lakh to ₹40 lakh. Additional components include performance-linked incentives and standard perquisites such as medical insurance and car usage. A separate special resolution seeks approval for remuneration exceeding ₹5 crore or 2.5% of net profits, whichever is higher, in compliance with SEBI Listing Regulations.

Other Resolutions

The AGM notice also includes proposals for:

• Payment of performance incentive commission up to ₹20 lakh to Non-Executive Independent Director Navin Paul for FY27.
• Ratification of remuneration of ₹1 lakh to Gurdeep Singh & Associates as Cost Auditors for FY27.

Voting Timeline

Remote e-voting is open from September 21 to September 23, 2026. The book closure period runs from September 19 to September 24, 2026. Dividend payments will be processed electronically only.