TGV Sraac Ltd

Solar capacity update

• Adds 5.00 MWp solar capacity, increasing total from 70.40 MWp to 75.40 MWp.
• Intimation filed with BSE under SEBI LODR Regulation 30 on Sept 30, 2026.

Capacity update

• 00 MWp solar capacity addition, increasing total from 65.40 MWp to 70.40 MWp.

TGV Sraac Ltd Trading Window Close Period Commences Oct 1, 2026 for the quarter and half-year ended 30 September 2026; ends 48 hours after unaudited results become generally available.

AGM Details

• AGM held on 26 September 2026 at 11:00 AM via VC/OAVM.
• Record date for voting: 18 September 2026.
• Remote e-voting opened 21 Sep 2026 and closed 25 Sep 2026.

Key Resolutions

• Adopt financial statements and reports; passed.
• Reappoint Ramaiah Elluru as Director; passed.
• Reappoint Raghavendra Reddy Patil as Director; passed.
• Alter MOA Object Clause; passed.
• Increase borrowing powers; passed.
• Reappoint Karunakar Rao Kamisetty as Executive Director for 3 years; remuneration fixed.
• Reappointment of Cost Auditor for 2026-27; remuneration approved.
• Related party transactions approved; promoters not eligible to vote.
• Creation of security for bank consortium; passed.
• Board to convert loans into equity; passed.

Dividend

• Final dividend of Rs 1 per equity share approved.

Director Changes

• Ramaiah Elluru reappointed as Director.
• Raghavendra Reddy Patil reappointed as Director.
• Karunakar Rao Kamisetty reappointed as Executive Director for 3 years; remuneration fixed.

Auditor Appointments

• Cost Auditor remuneration: Rs 2,00,000 per annum plus GST for 2026-27.

Material Related Party Transactions

• Approval of material RPTs; promoters excluded from voting.

AGM Details

• AGM held on 26 September 2026 at 11:00 AM via VC/OAVM.

Key Resolutions

• Adopt the financial statements for the year ended March 31, 2026.
• Reappoint Ramaiah Elluru as director (retiring by rotation).
• Reappoint Raghavendra Reddy Patil as director (retiring by rotation).
• Declare final dividend of Rs 1 per equity share.
• Alter Memorandum of Association object clause.
• Increase in the company's borrowing powers.
• Reappoint Karunakar Rao Kamisetty as Executive Director for 3 years; fix remuneration.
• Ratify Cost Auditor remuneration for 2026-27.
• Ratify/approve creation of security in favour of bank consortium for borrowings.
• Authorize board to convert loans into equity on default or specified conditions.

Voting Results

• All resolutions passed with requisite majority.

Dividend

• Final dividend of Rs 1 per equity share (face value Rs 10).

Director Changes

• Ramaiah Elluru reappointed as director (retiring by rotation).
• Raghavendra Reddy Patil reappointed as director (retiring by rotation).
• Karunakar Rao Kamisetty reappointed Executive Director (Fin. & Comml.) for 3 years; remuneration fixed.

Auditors & Remuneration

• Cost Auditor remuneration ratified for the financial year 2026-27.

Related Party Transactions

• No material related party transactions disclosed or approved.

Other Material Approvals

• Alter MOA object clause approved.
• Borrowing powers increased.
• Security creation for bank borrowings ratified.
• Board authorized to convert loans into equity on default.

Solar capacity addition

• Subject: addition of 2.5 MWp solar capacity at TGV SRAAC Limited.
• Total solar capacity rises from 62.90 MWp to 65.40 MWp.
• Intimation dated September 23, 2026.
• Regulatory reference: SEBI LODR Regulation 30.
• No investment cost or financial amount disclosed.

Overview

• Standalone BRSR for FY2025-26 by TGVSRAAC Ltd, a leading South India chemical producer.
• Main activities: Chlor-Alkali products; Castor derivatives; Fatty acids.
• FY2025-26 turnover about ₹2,245 crore; chemicals ~98% of revenue.
• Reporting boundary: disclosures on a standalone basis.
• Certifications: ISO 9001, ISO 14001, ISO 45001; BIS for Caustic.

Key ESG Risks & Opportunities

• Material risk: international market volatility affecting demand and pricing.
• Chlorine demand fluctuations pose risk; mitigated by product diversification.
• Climate-change risk to raw materials; mitigated via supplier diversification.
• ESG compliance costs may impact near-term finances but improve efficiency and reputation.
• Opportunity: expand solar energy to reduce costs and emissions.
• Opportunity: circular economy via reclaiming salts and acids as inputs.
• R&D capex targets process improvements to boost environmental and social outcomes.

Governance & Policy Highlights

• Board oversight; policies approved and overseen by a Sustainability Committee.
• Anti-bribery, anti-corruption, whistleblower, human rights, and Vigil Mechanism policies.
• Policies extend to value chain partners and suppliers.
• Certifications: ISO 9001/ISO 14001/ISO 45001; BIS for Caustic.
• Internal and external reviews; Unilever-based audit of policy framework.
• GHG accounting: Scope 1/2 completed; Scope 3 in progress with external consultant.
• No penalties or material non-compliances reported.

Social Responsibility & Workforce

• Total workforce: 797 permanent and 1,043 workers; 1,840 total.
• Board gender representation: 50% women.
• 100% permanent employees insured; 100% covered under benefit schemes.
• 100% permanent employees paid above minimum wage.
• Safety trainings: 24 safety, 2 ESG, 18 management sessions; 159 trainings overall.
• Zero accidents reported; safety systems include PTW, HIRA, Hazop.
• Local employment share ~90% from Kurnool region.
• CSR focuses on clean drinking water and health camps.
• DGRC resolves grievances within 45 days; on-site hospital provides subsidized care.
• No trade unions; workforce culture emphasizes safety and well-being.

Environmental Performance

• Total energy consumption rose; solar capacity up to 57.9 MW; plan to reach 100 MW.
• Water withdrawal ~18.2–18.63 million kl; water intensity ~0.000083 per turnover.
• Zero Liquid Discharge; 1250 KLD effluent treated and reused.
• Air emissions: NOx 13–131 mg/Nm3; SOx 18.2–221; PM 39.6–42.4; HCl 0.13–0.19.
• GHG Scope 1/2 completed; Scope 3 assessment in progress; external consulting engaged.
• Waste management: total waste declined; 955.9 MT recycled; sulphate recovery reduces solid waste.
• On-site effluent treatment and brine sludge management; brine sludge disposed in secure landfill.

Stakeholder Engagement & Complaints

• Key stakeholders: government/regulators, customers, investors, community; engagement is regular.
• Channels include meetings, emails, site visits; Sustainability Committee reports to Board.
• Grievance mechanisms exist for communities, investors, employees, customers, and value-chain partners.
• Public policy engagement includes AMA advocacy; quarterly board reviews of policy positions.
• Affiliations: Alkali Manufacturers Association of India (Executive Committee member).
• No material unresolved complaints reported in the filing.

Other Notable Metrics

• MSME supplier share: 26.89% in FY2025-26; 31.30% in FY2024-25.
• Sales concentration: 60.4% to dealers; 740 dealers; top 10 dealers account for 25.17%.
• Related-party transactions: purchases 5%; sales 4.27%; investments 27%.
• R&D expenditure 100% in FY2025-26; ₹25.85 Lakh; focus on process purification for pharma-grade specs.
• Capex: solar expansion to 57.9 MW; 20 MW added; plan to reach 100 MW.
• Public policy: delisting of HCL as effluent issue; AMA advocacy; quarterly reviews.
• Materiality Analysis Report available online; data privacy: no data breaches; confidentiality policy in place.

AGM and Annual Report distribution

• AGM 44th scheduled for 26 September 2026 at 11:00 AM IST via VC/OAVM.
• Annual Report FY2025-2026 circulated by email to shareholders with registered addresses.
• Shareholders without registered emails will receive a web-link to access the report.
• A physical copy will be provided on written request.

KYC updation for physical shareholders

• Physical shareholders must update KYC using specified forms ISR-1, ISR-2, SH-13, ISR-3, and SH-14.
• Forms available on company site and RTA website; submission via Aarthi Consultants.
• RTA address provided: Aarthi Consultants Private Limited, Hyderabad.

Re-lodgement of physical share transfers (Aug 2026)

• No re-lodgement requests were received, processed, approved, or rejected in August 2026.
• The report from Registrar and Transfer Agent is enclosed.