BSEOthers2d ago · 18 Aug 2026, 03:39 pm
Find enclosed the Business Responsibility and Sustainability Report for Financial Year ended on March 31, 2026.
Gulshan Polyols Ltd · 532457
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Gulshan Polyols Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per SEBI regulations.
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Gulshan Polyols Ltd - 532457 - Business Responsibility and Sustainability Reporting (BRSR)
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Gulshan Polyols Limited
CIN: L24231UP2000PLC034918
Corporate Office: G-81, Preet Vihar,
Delhi-110092, India
Phone : +91 11 49999200
Fax : +91 11 49999202
E-mail : cs@gulshanindia.com
Website: www.gulshanindia.com
GPL\SEC\47\2026-27
August 18, 2026
BSE Limited National Stock Exchange of India Limited
Department of Corporate Service, Listing Department
Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai Bandra (E), Mumbai
Maharashtra- 400 001 Maharashtra-400 051
Scrip Code: 532457 Symbol: GULPOLY
Subject: Submission of Business Responsibility and Sustainability Report (BRSR) of the
Company for the Financial Year 2025-26.
Dear Sir/Madam,
Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed herewith the Business Responsibility and Sustainability
Report (BRSR) of the Company for the Financial Year ended March 31, 2026.
This is for your information and records.
Thanking You,
Yours faithfully
For GULSHAN POLYOLS LIMITED
Reetika Pant
Company Secretary
Encl.: As below
Regd. Off.: 9th K.M., Jansath Road, Muzaffarnagar, (U.P.) 251001, Ph.: (0131)32958800, Fax: (0131) 2661378
GULSHAN POLYOLS LIMITED
BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING FORMAT
SECTION A: GENERAL DISCLOSURES
I. Details of the listed entity
1. Corporate Identity Number (CIN) of the Listed Entity : L24231UP2000PLC034918
2. Name of the Listed Entity : Gulshan Polyols Limited
3. Year of incorporation : 2000
4. Registered office address : 9th KM Jansath Road, Muzaffarnagar, Uttar Pradesh-251001,
India
5. Corporate address : G -81, Preet Vihar, Delhi- 110092, India
6. E-mail : investorsrelation@gulshanindia.com, cs@gulshanindia.com
7. Telephone : 011-49999200
8. Website : www.gulshanindia.com
9. Financial year for which reporting is being done : FY 2025-26 (April 01, 2025 to March 31, 2026)
10. Name of the Stock Exchange(s) where shares are listed : National Stock Exchange of India Limited (NSE),
BSE Limited (BSE)
11. Paid-up Capital : Rs. 6,23,70,586
12. Name and contact details (telephone, email address) : Name-Ms. Arushi Jain
of the person who may be contacted in case of any DIN - 00764520
queries on the BRSR report Designation - Joint Managing Director
Name- Ms. Aditi Pasari
DIN - 00120753
Designation- Joint Managing Director
Telephone number 011-49999200
e-mail id: cs@gulshanindia.com , investorsrelation@
gulshanindia.com
13. Reporting boundary - Are the disclosures under : Disclosures under this report are made on standalone basis i.e.,
this report made on a standalone basis (i.e. only for Gulshan Polyols Limited
the entity) or on a consolidated basis (i.e. for the
entity and all the entities which form a part of its
consolidated financial statements, taken together)
14. Name of assessment or assurance provider : NA
15. Type of assessment or assurance obtained : NA
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):
S. No. Description of Main Activity Description of Business Activity % of Turnover of the entity
1. Manufacturing Ethanol, Country Liquor, Sorbitol, Fructose and Animal feed 100%
17. Products/Services sold by the entity(accounting for 90% of the entity’s Turnover):
S. No. Product/Service NIC Code % of total Turnover Contributed
1. Sorbitol 10629 14.71%
2. Fructose & Sweetener 10623 4.51%
3. Ethanol 1101 59.13%
4. Liquor / Country Liquor 11012 3.86%
5. Starch 10621 3.13%
6. By Products 10629 11.10%
26th ANNUAL REPORT 2025-26
GULSHAN POLYOLS LIMITED
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 9 2 11
International NIL NIL NIL
19. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) 7
International (No. of Countries) 40+
b. What is the contribution of exports as a percentage of the total turnover of the entity?
For Financial year 2025-26, the export contribution was 5.049%.
c. A brief on types of customers
The company has customers from the following industries:
• Dentific, Personal Care
• Food
• Paper
• Pharma
• Footwear
• Plastics
• Printing
• Paint
• Oil marketing companies (OMC)
• Animal feed industry
• Rubber
• Automobile
IV. Employees
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
S. Male Female
Particulars Total (A)
No. No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1. Permanent (D) 368 341 92.66% 27 7.33%
2. Other than Permanent (E) 0 0 0 0 0
3. Total employees (D + E) 368 341 92.66% 27 7.33%
WORKERS
4. Permanent (F) 209 209 100% 0 0
5. Other than Permanent (G) 756 756 100%
6. Total workers (F + G) 965 965 100% 0 0
26th ANNUAL REPORT 2025-26
GULSHAN POLYOLS LIMITED
b. Differently abled Employees and workers:
S. Male Female
Particulars Total (A)
No No. (B) % (B / A) No. (C) % (C / A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent (D) Nil Nil Nil Nil Nil
2. Other than Nil Nil Nil Nil Nil
Permanent (E)
3. Total differently abled employees Nil Nil Nil Nil Nil
(D + E)
DIFFERENTLY ABLED WORKERS
4. Permanent (F) Nil Nil Nil Nil Nil
5. Other than Permanent (G) Nil Nil Nil Nil Nil
6. Total differently abled workers Nil Nil Nil Nil Nil
(F + G)
21. Participation/Inclusion/Representation of women
No. and percentage of Females
Total (A)
No. (B) % (B / A)
Board of Directors 10 4 40.00%
Key Management Personnel* 2 1 50.00%
*Mr. Ashwani Kumar Vats, Whole Time Director & CEO, is considered as part of Board of Directors.
22. Turnover rate for permanent employees and workers
(Disclose trends for the past 3 years)
FY 2025-26 FY 2024-25 FY 2023-24
Male Female Total Male Female Total Male Female Total
Permanent 2.28% 0.21% 2.50% 2.97% 0.37% 3.35% 2.22% 0.48% 2.70%
Employees
Permanent Workers 5.70% 0 5.70% 11% 0 11% 7% 0 7%
V. Holding, Subsidiary and Associate Companies (including joint ventures)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
S. Name of the holding / Indicate whether holding/ % of shares Does the entity indicated at column
No. subsidiary / associate Subsidiary/Associate/Joint held by listed A, participate in the Business
companies / joint ventures Venture entity Responsibility initiatives of the listed
(A) entity? (Yes/No)
Not Applicable*
*Note: During the year the Company has closed its foreign subsidiary, Gulshan Overseas – FZCO, incorporated in Dubai, UAE. The
operations of the subsidiary were discontinued and the entity has been legally dissolved on 17th October 2025.
VI. CSR Details
(i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes
(ii) Turnover (in Rs.) - Rs. 23,12,42,17,684
(iii) Net worth (in Rs.) – Rs. 8,88,09,94,002
26th ANNUAL REPORT 2025-26
GULSHAN POLYOLS LIMITED
VII. Transparency and Disclosures Compliances
24. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business
Conduct:
Grievance
Stakeholder group from
Redressal
whom complaint is FY 2025-26 FY 2024-25
Mechanism in
received
Place (Yes/No)
Number of Number of
(If Yes, then complaints complaints
Number of Number of
provide web-link pending pending
complaints complaints
for grievance resolution at Remarks resolution at Remarks
filed during filed during
redress policy) close of the close of the
the year the year
year year
Communities Yes, the 0 0 - 0 0 -
Investors (other than company has 0 0 - 0 0 -
shareholders) a grievance
redressal
Shareholders 1 0 Resolved 3 0 All
mechanism for
resolved
all Stakeholders.
Employees and workers 0 0 - 0 0 -
Customers Link: * 15 0 Resolved 0 0 -
Value Chain Partners 0 0 - 0 0 -
Other (please specify) 0 0 - 0 0 -
* https://www.gulshanindia.com/contact-information-for-registrar.html
25. Overview of the entity’s material responsible business conduct issues
Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that
present a
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