Flair Writing Industries Limited has received an Environmental, Social, and Governance (ESG) score of 63.9 for 2025 from SES ESG Research Private Limited. The company informed the stock exchanges about this development through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Score Details

The ESG rating was assigned based on data pertaining to FY2024-25 and other publicly available information about the company. SES ESG Research Private Limited provided the report to Flair Writing Industries on January 9, 2026.

Independent Assessment

Flair Writing Industries clarified that it did not engage SES ESG Research Private Limited for ESG rating services. The rating agency independently prepared the report using publicly available information and company data from the financial year 2024-25.

The company has explicitly stated that it has not verified the contents of the ESG report. Flair Writing Industries has disclaimed any responsibility for the accuracy or completeness of the information, analysis, or conclusions contained in the report, emphasizing that these are solely the views of SES ESG Research Private Limited.

Regulatory Compliance

The intimation was made in compliance with SEBI regulations, specifically under Regulation 30 read with Para A of Part A of Schedule III to the SEBI Listing Regulations. The disclosure also references SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

The company secretary and compliance officer, Mr. Vishal Kishor Chanda, signed the regulatory filing on January 10, 2026. Flair Writing Industries operates multiple manufacturing units across Maharashtra, Gujarat, and Uttarakhand, and holds ISO 9001:2015, ISO 14001:2015, and SA 8000:2014 certifications.

Flair Writing Industries Limited has announced that CGST proceedings under Section 74 for FY 2018-19 have been dropped by tax authorities, providing significant relief to the stationery manufacturer. The company received the favorable order on December 31, 2025, from the Office of the Superintendent Range-II, Division-X CGST & C.Ex., Mumbai East Commissionerate.

Background of CGST Proceedings

The company had initially received a show cause notice under Section 74 of the CGST Act, 2017, on June 30, 2025. The notice pertained to disallowed Input Tax Credit (ITC) for FY 2018-19, creating a potential financial liability for the company.

Resolution and Current Status

Following the receipt of the show cause notice, Flair Writing Industries submitted comprehensive documentation and a detailed reply to address the concerns raised by the tax authorities. The company's proactive response and supporting evidence proved effective in resolving the matter.

The dropping of proceedings represents a complete resolution of the CGST matter for FY 2018-19, eliminating the potential financial burden that the company was facing. This development demonstrates the company's ability to effectively manage regulatory compliance issues through proper documentation and timely responses.

Financial Impact Assessment

According to the company's disclosure, the dropping of CGST proceedings will have no material impact on its financial position, operations, or other business activities. This outcome allows the company to move forward without the uncertainty and potential financial liability that had been hanging over the FY 2018-19 tax matter.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows SEBI circulars and demonstrates the company's commitment to maintaining transparency with stakeholders regarding material developments.

This positive resolution of the CGST proceedings removes a potential overhang for Flair Writing Industries and allows the company to focus on its core business operations in the printing and stationery sector without the distraction of pending tax disputes.