Gujarat Fluorochemicals Ltd

Gujarat Fluorochemicals Ltd trading window closed from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the quarter and half year ended 30 September 2026

Director appointments at AGM

• Effective 3 November 2026, Dr. Bir Kapoor re-appointed as Deputy Managing Director for three years; remuneration approved.
• Effective 11 November 2026, Niraj Kishore Agnihotri re-appointed as Whole-time Director for one year; remuneration approved.
• Effective 12 August 2026, Jignesh Kantilal Parmar appointed as Director and Whole-time Director for one year; remuneration approved.
• All three directors are not debarred from holding office by SEBI or authorities.

AGM Details

• Date and time: 24 September 2026 at 11:30 AM; mode: VC/OAVM.
• Record date: 17 September 2026; on-record shareholders: 70,211.
• Total resolutions: 7; meeting conducted via VC/OAVM.

Resolutions & Voting Outcomes

• Resolution 1: Adoption of financial statements; passed with 99.96% in favour.
• Resolution 2: Final dividend on equity shares; passed with near-unanimous support.
• Resolution 3: Re-appoint Niraj Kishore Agnihotri as Director; 99.57% in favour.
• Resolution 4: Re-appoint Dr. Bir Kapoor as Deputy MD; remuneration approved; 99.42% in favour.
• Resolution 5: Re-appoint Niraj Kishore Agnihotri as Whole-time Director; 99.57% in favour.
• Resolution 6: Appoint Jignesh Kantilal Parmar as Director/Whole-time Director; 99.73% in favour.
• Resolution 7: Ratify remuneration to Cost Auditor; 99.99998% in favour.

AGM Details

• Date and time: 24 September 2026, 11:30 AM to 12:01 PM, via VC/OVAM.
• Remote e-voting window: 21–23 September 2026, 9:00 AM to 5:00 PM.

Ordinary Business

• Adoption of audited standalone and consolidated financial statements for year ended 31 March 2026.
• Final dividend of Rs 3 per equity share declared.
• Re-appointment of Niraj Kishore Agnihotri by rotation as Director.

Special Business

• Re-appointment of Dr. Bir Kapoor as Deputy Managing Director with remuneration.
• Re-appointment of Niraj Kishore Agnihotri as Whole-time Director with remuneration.
• Appointment of Jignesh Kantilal Parmar as Director and Whole-time Director with remuneration.
• Ratification of remuneration to the Cost Auditor for FY ended 31 March 2026.

Voting and Results Note

• E-voting results to be displayed on websites within two working days of AGM.

Overview

• Standalone BRSR for FY2025-26; main activity: fluorochemicals, polymers, and related chemicals.
• Main activity accounts for 100% of turnover.
• Exports comprise about 56.9% of turnover; markets span 50 countries and 14 Indian states.
• Reporting boundary: standalone; BRSR core indicators assured by Intertek.
• Markets served: 50 countries; 14 states; three domestic plants and five offices.

Key ESG Risks & Opportunities

• Climate change risk from regulations; Net Zero by 2050; Net Zero Scope 1+2 by 2040; renewables adoption.
• Water risk includes Zero Liquid Discharge at Ranjit Nagar and 45 KLD MEE; water recycling planned.
• Occupational health and safety risk mitigated via OH&S system, HIRA/HAZOP/JSA, PTW and CAPA.
• Resource use and circularity opportunities via recycling, solvent recovery and by-product utilization.
• Governance/ethics emphasis through ABAC policy, whistleblower mechanisms, and board oversight.

Governance & Policy Highlights

• Corporate Sustainability Committee (CSC) oversees strategy, targets and ESG performance; multiple specialized committees exist.
• Policies include ABAC, Code of Conduct, Whistleblower, Health & Safety, Environmental and Energy Management.
• Policies translated into procedures; extend to value chain partners; board-approved and web-linked.
• Major compliance event: ₹49 lakh interim environment damage compensation after Ranjitnagar incident.
• Independent assurance by Intertek on BRSR core disclosures; multiple ISO-related verifications.

Social Responsibility & Workforce

• Total employees 1,835; permanent 1,788; workers 4,477; board female representation 11%.
• Turnover: permanent employees 26%; permanent workers 18%; LTIFR 1.22 (employees) and 0.63 (workers).
• Fatalities: 2 employees and 1 worker in FY2025-26; maternity/paternity benefits and welfare provided.
• Well-being spend: 0.18% of revenue; 100% coverage for PF and gratuity; POSH and grievance mechanisms.
• No permanent employee union; extensive grievance channels and yearly training on safety and compliance.

Environmental Performance

• Total energy 85,87,104 GJ; renewables 13,51,083 GJ; non-renewables 72,36,020 GJ; energy intensity 0.000189 per turnover.
• Scope 1: 610,908 tCO2e; Scope 2: 102,724 tCO2e; Scope 1+2 intensity 0.000016 per turnover.
• Water withdrawal 4,823,581 kl; consumption 3,716,062 kl; discharge to sea 857,992 kl; total discharged 1,107,519 kl.
• ZLD at Ranjitnagar; RLNG reduction 58% due to MEE; 45 KLD MEE; PAT -> Carbon Credit Trading transition.
• Waste generated 106,532 tonnes; recycling 4,661 t; reuse 82,420 t; landfilling 12,043 t; incineration 19.5 t.

Stakeholder Engagement & Complaints

• Stakeholders: employees, shareholders, customers, suppliers, government, communities; engagement is continuous.
• Shareholders: 11 complaints filed; 0 pending; Employees/workers: 40 filed; 5 pending; Customers: 35 filed; 3 pending.
• Communities and value-chain partners: minimal or no unresolved complaints reported; multiple channels exist.
• Grievance policies linked via company portals; POSH, Ethics Line and other confidential mechanisms.
• Engagement informs ESG strategy, climate action, safety, supplier governance and community development.

Other Notable Metrics

• Cybersecurity/Data privacy policy in place; 0 data breaches in FY2025-26; no material cyber penalties.
• Product safety framework; QR code-based traceability for select fluoropolymers; formal customer satisfaction survey conducted.
• Public policy positions: none; active engagement via industry forums and associations; 70% inputs sustainably sourced.
• Assurance: Intertek reasonably assures BRSR core disclosures; PAT/CCTS and carbon management initiatives disclosed.
• Sustainability benchmarking: EcoVadis Bronze; CDP Climate/Water; S&P Global Sustainability Yearbook recognition.

Key Highlights

• Consolidated revenue ₹4,996.03 cr (FY2025-26).
• EBITDA ₹1,290.71 cr (FY2025-26).
• PAT ₹573.76 cr (FY2025-26).
• Basic/diluted EPS ₹52.56 (FY2025-26).
• Final dividend ₹3 per share; total ₹32.96 cr.
• EBITDA margin 26% (FY2025-26).
• Net debt to equity ratio 0.25x (as at 31 Mar 2026).
• Geography revenue mix: India ₹1,978.88 cr; Europe ₹1,300.71 cr; USA ₹899.26 cr; Rest ₹817.18 cr.
• Capex plan for FY2026-27 ₹3,150 cr.

Dividend details

• Final dividend on equity shares for FY 2025-26.
• Record date fixed as 17 September 2026.
• Dividend amount Rs 3.00 per equity share.
• Face value Rs 1 per equity share.
• Dividend 300% of face value.
• Payment subject to deduction of tax at source.

AGM Details

• Date and time: 24 September 2026 at 11:30 IST.
• Mode: VC/OAVM; venue deemed at registered office.
• Remote e-voting: 21 September 2026 to 23 September 2026.
• Record date: 17 September 2026.

Dividend

• Final dividend of ₹3.00 per equity share proposed.
• Dividend payable within 30 days of AGM.

Key Resolutions

• Adopt standalone and consolidated financial statements for FY 2025-26.
• Declare final dividend per equity share; ₹3.00.
• Re-appoint Niraj Kishore Agnihotri as Director.
• Re-appoint Dr. Bir Kapoor as Deputy Managing Director; up to ₹8.00 Cr.
• Re-appoint Niraj Kishore Agnihotri as Whole-time Director; up to ₹3.00 Cr.
• Appoint Jignesh Parmar as Director and Whole-time Director; up to ₹1.10 Cr.
• Ratify cost auditor remuneration ₹5,00,000 for FY 2025-26.

Director changes

• Re-appoint Dr. Bir Kapoor as Deputy Managing Director for three years.
• Re-appoint Niraj Kishore Agnihotri as Whole-time Director for one year.
• Appoint Jignesh Parmar as Director and Whole-time Director for one year.

Auditors

• Ratify remuneration of Cost Auditor ₹5,00,000 for FY ended 31 March 2026.