Vidhi Specialty Food Ingredients filed its Business Responsibility and Sustainability Report (BRSR) for FY26 on August 31, 2026. The filing details the company's environmental, social, and governance performance alongside key operational metrics.

The company reported a turnover of ₹3,800.3 crore and a net worth of ₹3,191.2 crore for the financial year ended March 31, 2026. Exports contributed significantly to the top line, accounting for 79% of the total turnover. The business operates primarily through manufacturing, which generated 90% of the turnover, with wholesale trading making up the remaining 10%.

What the Numbers Show

The data reveals a high degree of reliance on international markets combined with a concentrated domestic distribution network. While 79% of the turnover comes from exports to 80 countries, the remaining domestic sales are heavily channelled through dealers and distributors, who accounted for 96% of total sales in FY26. This contrasts with the previous year, where dealer sales stood at 95%. Furthermore, the concentration among top distributors decreased, with the top 10 dealers contributing 42.81% of sales to this segment in FY26, down from 59.24% in FY25.

Operational Footprint

Vidhi Specialty Food Ingredients operates two manufacturing plants and four offices in India. The workforce consists of 104 permanent employees and 95 workers. The employee turnover rate for permanent staff was 8.00% in FY26, a decline from 20.98% in FY25 and 14.60% in FY24. No differently abled employees were recorded, though two differently abled workers were employed.

Environmental Performance

Total energy consumption rose to 207,753 GJ in FY26 from 199,202 GJ in FY25, driven by the commencement of production at the Dahej plant. Non-renewable sources accounted for the majority of this usage at 195,884 GJ, while renewable electricity consumption was 11,868 GJ. Greenhouse gas emissions (Scope 1 and Scope 2) totaled 21,697 metric tonnes of CO2 equivalent, with Scope 1 emissions at 16,091 tonnes and Scope 2 at 5,606 tonnes.

Water withdrawal increased significantly to 2,25,952 kilolitres from 163,323 kilolitres in the prior year. The company discharged 1,69,464 kilolitres of treated water, primarily to seawater and third-party treatment facilities. Hazardous waste generation, specifically ETP sludge, rose to 810 metric tonnes from 290.14 metric tonnes in FY25.

Governance and Social Metrics

The Board of Directors comprises eight members, including four women (50% representation). The company reported zero fatalities, zero lost-time injuries, and zero recordable work-related injuries for both employees and workers in FY26. Customer complaints filed during the year numbered 20, all of which were resolved by year-end, compared to 15 complaints in FY25. No fines or penalties were paid to regulators.

Vidhi Specialty Food Ingredients has scheduled its 33rd Annual General Meeting for Thursday, September 24, 2026, at 3:30 pm via video conferencing. The meeting will address ordinary business, including the adoption of FY26 financial statements, and special business regarding board appointments.

The company filed its annual report for the financial year ending March 31, 2026, with the Bombay Stock Exchange and the National Stock Exchange on August 31, 2026. Anupam J Vyas, Company Secretary and Compliance Officer, signed the disclosure.

Board Appointments

Shareholders will vote on the re-appointment of Mrs. Pravina Bipin Manek (DIN 00416533), who retires by rotation. Additionally, the meeting will consider the appointment of Mr. Chetan Prabhudas Bavishi (DIN 01978410) as a Non-Executive Independent Director for a term of five years, commencing from August 11, 2026.

Mr. Bavishi brings over 30 years of experience across heavy industry, luxury goods, and non-profits. He holds 87,426 equity shares in the company, with his spouse holding an additional 1,16,595 shares. The Nomination and Remuneration Committee recommended his appointment based on his expertise in corporate governance and risk management.

Meeting Logistics

The AGM will be held through Video Conferencing or Other Audio-Visual Means, as permitted by Ministry of Corporate Affairs circulars. Members holding shares as on September 17, 2026, are eligible to vote. Remote e-voting will commence on Monday, September 21, 2026, at 9:00 am and end on Wednesday, September 23, 2026, at 5:00 pm.

Regulatory Compliance

The submission adheres to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The annual report is distributed electronically to members with registered email addresses. Shareholders without registered emails received a letter with a web link to access the report.

Dividend Claims

The notice reminds members that unclaimed dividends from FY2019-20 will be transferred to the Investor Education and Protection Fund (IEPF) during the current financial year. Details of unpaid dividends are available on the company’s website.