Styrenix Performance Materials Limited submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the Bombay Stock Exchange and National Stock Exchange on August 5, 2026. The filing, mandated under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides a standalone assessment of the engineering polymer manufacturer’s environmental, social, and governance (ESG) performance. The report highlights a turnover of ₹2640.27 crore and a net worth of ₹990.41 crore, underscoring the scale of operations against which sustainability metrics are measured.

The disclosure covers Styrenix’s entire value chain, including its wholly owned subsidiaries Styrenix Performance Materials FZE in Dubai and Styrenix Performance Materials (Thailand) Limited. Notably, the report confirms that Styrenix Polymers (Thailand) Co., Ltd. merged into Styrenix Performance Materials (Thailand) Limited on June 26, 2025, streamlining the group’s international structure. The company operates four plants and six offices across India, serving customers in 20 states and union territories, with exports contributing only 0.01% of total turnover.

Safety and Employee Welfare

Styrenix reported a Lost Time Injury Frequency Rate (LTIFR) of 0 for employees in FY26, a significant improvement from 1.80 in FY25. While total recordable work-related injuries for employees decreased to 1 from 2, worker injuries rose to 4 from 0. The company maintains an ISO 45001:2018 certified occupational health and safety management system. As of March 31, 2026, the workforce comprised 271 permanent employees and 908 permanent workers, with 100% coverage under health and accident insurance for permanent staff. Training initiatives reached 62.36% of employees and 15.53% of workers on health and safety measures.

Environmental Performance

The company disclosed total Scope 1 greenhouse gas emissions of 7560.512 metric tonnes of CO2 equivalent, down from 7847.39 in FY25. However, Scope 2 emissions rose sharply to 72379.37 metric tonnes from 51664.23, driven by purchased electricity and steam. Total energy consumption stood at 439465.5 Giga Joules, entirely from non-renewable sources. Air emissions showed mixed trends: NOx dropped to 1.80 tonne from 5.81, while SOx increased to 0.43 tonne from 0.18. Particulate matter emissions fell to 4.80 tonne from 5.93.

Water withdrawal decreased to 406008 kilolitres from 455499, with consumption dropping to 263672 kilolitres. The company reused treated effluent for gardening at Katol, Dahej, and Moxi sites. Waste generation increased to 3335.24684 metric tonnes from 2531.47428, largely due to hazardous waste rising to 2132.089 metric tonnes. Recycling efforts recovered 932.629 metric tonnes of waste.

Governance and Stakeholder Engagement

Styrenix received 237 customer complaints in FY26, all resolved by year-end, compared to 213 in FY25 with two pending. No complaints were filed regarding data privacy, advertising, or cyber-security. The company adheres to a Code of Conduct prohibiting bribery and corruption, with no disciplinary actions taken against directors or key managerial personnel for such charges. Related party transactions accounted for 7.56% of purchases and 1.78% of sales. Corporate Social Responsibility initiatives benefited over 2,500 individuals through education, healthcare, and infrastructure projects, including notebook distribution and Aanganwadi renovations.

Styrenix Performance Materials will convene its 53rd Annual General Meeting (AGM) on Thursday, August 27, 2026, at 11:30 a.m. (IST). The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), with the deemed venue located at the company’s registered office in Vadodara. This virtual format aligns with Ministry of Corporate Affairs (MCA) circulars permitting remote meetings until September 30, 2026.

The primary agenda includes ordinary business items such as the adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026. Additionally, shareholders will consider the reappointment of Mr. Vishal Rakesh Agrawal (DIN: 00056800) as a director liable to retire by rotation. Under special business, the Board seeks ratification for the remuneration of cost auditors for the upcoming fiscal year.

Key Resolutions and Dates

Shareholders holding shares as on the cut-off date of August 20, 2026, are eligible to vote. The remote e-voting window opens on August 24, 2026, at 9:00 a.m. (IST) and closes on August 26, 2026, at 5:00 p.m. (IST). National Securities Depository Limited (NSDL) serves as the authorized agency for facilitating electronic voting.

Cost Auditor Appointment

The Board of Directors, acting on the recommendation of the Audit Committee, appointed M/s. Kailash Sankhlecha and Associates, Cost Accountants (Firm’s Registration No. 100221), as cost auditors for the financial year ending March 31, 2027. The proposed remuneration is ₹4,25,000 per annum plus applicable taxes. No directors or key managerial personnel have any financial interest in this resolution.

Director Profile

Mr. Vishal Rakesh Agrawal brings 26 years of experience in business management, strategic planning, and chemical manufacturing. He holds a Bachelor’s degree in Chemical Engineering and a Master’s degree in Information Management from Stevens Institute of Technology. Currently, he serves on the Corporate Social Responsibility Committees of Shiva Pharmachem Limited and SES Engineering Limited. He does not hold any equity shares in Styrenix Performance Materials.

Shareholder Instructions

Physical attendance is dispensed with; therefore, proxy appointments are not available. Institutional shareholders must submit scanned board resolutions authorizing their representatives to vote via email to secshare@styrenix.com and evoting@nsdl.co.in . Members wishing to ask questions during the AGM must pre-register by sending a request from their registered email address by 5:00 p.m. (IST) on August 20, 2026.

What the Numbers Show

The reappointment of Mr. Agrawal signals continuity in leadership, leveraging his extensive background in chemical manufacturing and strategic planning. The ratification of cost auditor fees at ₹4,25,000 reflects standard compliance costs for the sector, ensuring regulatory adherence for FY27 without significant deviation from typical industry benchmarks for similar audits.