Gujarat Ambuja Exports Ltd

Shareholder communications

• Letters to Members without registered emails include link to Integrated Annual Report 2025-26 and 35th AGM notice.
• A copy of the letter dispatched is enclosed with the filing.

Overview

• Standalone BRSR FY2025-26; GAEL manufactures starch derivatives, feed ingredients, edible oil and yarn.
• Exports contribute 31.56% of turnover; manufacturing 84.45%, trading 15.55%.
• 10 plants in India; serves 27 states and 66 international markets.
• Boundary: standalone; independent assurance on BRSR Core matrices.

Key ESG Risks & Opportunities

• Climate Change risk: supply disruption and cost volatility; mitigated by diversified sourcing and energy efficiency.
• Water risk: scarcity; mitigated by conservation, groundwater recharge, and government water-source pipeline.
• Energy & Emissions: rising costs; mitigated by efficiency, renewables and cleaner fuels.
• Waste Management: by-products enable value addition and potential revenue.
• Legal & Regulatory: penalties risk; mitigated by ongoing regulatory monitoring and audits.
• Sustainable Sourcing: risk of material shortages; mitigated by diversified procurement and direct farmer sourcing.
• Product Quality: risk of quality issues; mitigated by robust QA, testing and ongoing training.

Governance & Policy Highlights

• Board oversight: MD and Whole-Time Director; ABAC, Whistleblower, RPT and related policies.
• Independent assurance: BRSR Core matrices assured by Sustainability Actions Private Limited.
• Policies: Code of Conduct, ABAC, Whistle Blower, RPT, materiality and board evaluation.
• Compliance: Nil fines or penalties reported; ESG governance oversight by dedicated committees.

Social Responsibility & Workforce

• Total employees 1,299; permanent 1,185; workers 1,252; gender balance skewed toward male.
• Board female representation: 2 of 10 directors (20%); workforce female share 2% (employees) and 11.5% (workers).
• LTIFR: employees 5.05; workers 9.49; fatalities: none; high-consequence injury: 1 employee.
• Wages: female share of total wages 3.97%; median remuneration: BoD ₹3,00,000; KMP ₹42,94,244; employees ₹3,30,354; workers ₹1,96,944.
• Parental leave: no availed; training: Board 1 session, KMP 1, employees 140, workers 140.
• Accessibility: premises accessible to differently-abled; POSH and harassment prevention policies in place.
• CSR focus: education, healthcare, livelihood; aspirational district projects in Narmada (Gujarat) and Udham Nagar (Uttarakhand).

Environmental Performance

• GHG emissions: Scope 1 9,27,256.83 MT; Scope 2 30,709.51 MT; biogenic 2,491.57 MT CO2e.
• Scope 1+2 intensity: 167.23 MT/Cr turnover; PPP-adjusted intensity: 3,401.36 MT/Cr turnover.
• Scope 3 emissions: 29,084.89 MT; intensity 5.08 MT/Cr turnover.
• Total energy: 1,27,31,633.94 GJ; renewable energy share through wind/solar/biogas; capacity expansions planned.
• Energy intensity: 2,222.47 GJ/Cr turnover; 0.71 MT/MT produced.
• Water: withdrawal 2,559,000 KL; consumption 1,264,000 KL; discharge 1,295,000 KL; water intensity 220.65 KL/Cr turnover.
• Zero Liquid Discharge implemented; certifications: FSSC 22000, ISO 9001, GMP, BRC, ISO 14001, Excipact; Halal/Kosher/Non-GMO.

Stakeholder Engagement & Complaints

• Key stakeholder groups: employees, customers, suppliers, local communities, CSR beneficiaries; engagement channels include email, website, meetings.
• Shareholders filed 22 complaints in FY2025-26; 0 pending at year-end; investors also monitored via policy link.
• Investors (non-shareholders) complaints: 0; Customers/Employees/Value chain partners have grievance mechanisms.
• Stakeholder inputs used to shape policies; climate disclosures expanded to include Scope 3 emissions.

Other Notable Metrics

• Inputs from MSMEs: 74% of inputs; 96% sourced from within India.
• Cybersecurity: policy in place; 0 data breaches; data privacy framework and response procedures.
• Product recalls: none; no material penalties by regulators for product safety in FY2025-26.
• CSR in designated districts: Gujarat Narmada ₹3,70,073; Uttarakhand Udham Nagar ₹19,39,819.
• Waste management: plastic waste 680 MT; other non-hazardous waste 7,150 MT; total 7,833 MT; recycled 750 MT; reused 1,750 MT.

AGM Details

• 35th AGM on 05 Sep 2026 at 11:00 IST via VC/OAVM.
• Cut-off date for voting eligibility: 29 Aug 2026.
• Record Date for dividend entitlement: 28 Aug 2026.
• Dividend, if declared, payable on/after 10 Sep 2026.
• Proxies not available; meeting via VC/OAVM.
• Integrated Annual Report and Notice on company website.

Dividend Proposal

• Final dividend of Rs 0.30 per equity share proposed.

Resolutions Put to Vote

• Adopt Audited Financial Statements for FY ended 31 Mar 2026.
• Declare Final Dividend of Rs 0.30 per share.
• Re-appointment of Manish Gupta, retiring by rotation.
• Ratification of Cost Auditor remuneration for FY 2026-27.

Director Changes

• Re-appointment of Manish Gupta to be considered; retires by rotation.
• Long-serving Chairman & MD; first appointed 1991.
• Shareholding: 240,342,112 shares.
• Remuneration last drawn disclosed in Corporate Governance Report.
• Related to Whole-time Director Shreyaan Gupta (father).

Auditor Remuneration

• Cost Auditor remuneration for FY 2026-27: ₹2,20,000 plus out-of-pocket expenses.

Material Related Party Transactions

• No material RPTs disclosed in this notice.

E-Voting & Governance Details

• Remote e-voting from 2 Sep to 4 Sep 2026; cut-off 29 Aug 2026.
• VC/OAVM attendance; e-voting during AGM available for non-voters.
• Green initiative: electronic communications; register email address.

Financial Highlights

• Revenue from operations: 5,728.60 Cr; up 24% YoY.
• PAT: 304.99 Cr.
• EBITDA: 574.02 Cr.

Dividend & Capital Allocation

• Final dividend: 0.30 per share; payout ~13.76 Cr.

Debt & Liquidity

• Total borrowings: 433.58 Cr.
• Net debt: 428.58 Cr.

Fermentation & Capex

• Fermentation milestones: Hubli Gluconate 30,000 TPA; Maltodextrin 23,000 TPA.
• Capacity roadmap: 120,000 TPA by 2028.
• Routine capex: 29.18 Cr.
• New projects capex: 238.28 Cr.