Business Responsibility and Sustainability Report of the Company for the FY 2025-26.

BANCO PRODUCTS (INDIA) LIMITED CIN : L51100GJ1961 PLCOOI 039 Cert. 1 NA oT .F :2 1 06 09 04 09 2: 92 50 1 16 ATF16 Post Box No. 2562, Vadodara - 390 005. Gujarat1 India Phone : (0265) 2680220/21/22/23 E'mail : mail@bancoindia.com, Website : www.bancoindia.com 27th August 2026 To To BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, lst Floor, New Trading Ring, Rotunda Exchange Plaza", C/1, Block G Building, P. J. Towers, DalaI Street, Fort, Bandra Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Scrip Code (BSE) - 500039 Trading Symbol (NSE) - BANCOINDIA Dear Sir / Madam, Sub: Submission of Business Responsibility & Sustainability Report of the Company for the Financial Year ended 31st March 2026 Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a copy of the Business Responsibility & Sustainability Report of the Company for the Financial Year ended 31st March 2026. We request you to kindly take the same on records. Thanking you, Yours faithfully, For Banco Products (India) Limited Sachin Dalwadi Company Secretary & Compliance Officer Encl: A/a GOVERNMENT RECOGNISED EXPORT HOUSE Regd. Office & Factory : Bil, Near Bhaili Railway Station, Padra Road, Dist. Vadodara - 391 410. Gujarat1 India. 65th ANNUAL REPORT 2025-2026 Annexure II BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORTING FORMAT SECTION A : GENERAL DISCLOSURES 1. Details of the listed entity 1. Corporate Identity Number (CIN) of the Liste d Entity- L51100GJ1961PLC001039 2. Name of the Listed Entity- BANCO PRODUCTS (INDIA) LIMITED 3. Year of incorporation-16.03.1961 4. Registered office address-Bil, Near Bhaili Railway Station, Padra Road, Dist. Baroda GJ 391410 IN 5. Corporate address- Bil, Near Bhaili Railway Station, Padra Road, Dist. Baroda GJ 391410 IN 6. E-mail- sec@bancoindia.com 7. Telephone- 0265-2318226 8. Website- www.bancoindia.com 9. Financial year for which reporting is being done- 2025-26 10. Name of the Stock Exchange(s) where shares are listed - BSE Limited National Stock Exchange of India Limited 11. Paid-up Capital - Rs. 28.60 Crores 12. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR - Mr. Sharan M. Patel (Whole-time Director) 0265- 2318226 sec@bancoindia.com 13. Reporting boundary - Are the disclosures under this report made on a standalone basis (i.e. only for 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) - Standalone Basis 14. Name of assurance provider - Not Applicable 15. Type of assurance obtained - Not Applicable 2. Products/services 16. Details of business activities (accounting for 90% of the turnover): S. Description of Description of Business Activity % of Turnover No. Main Activity of the entity 1 Manufacturing Manufacturing of radiators, radiator assembly, oil coolers and 100% other related products 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 Radiator core and Radiator Assembly 29301 93.45% 3. 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 4 4 8 International 0 0 0 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) 27 * International (No. of Countries) 39 *Including 8 Union Territories BANCO PRODUCTS (INDIA) LIMITED b. What is the contribution of exports as a percentage of the total turnover of the entity? : 28% c. A brief on types of customers: We serve various OEMs and Aftermarket services. The Company caters to automobile industries in various two/four-wheeler and earth moving equipment, farm sectors and cooling towers in overseas and domestic markets. 4. Employees 20. Details as at the end of the Financial Year: a. Employees and workers (including differently abled): S. Particulars Total (A) Male Female No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1. Permanent (D) 447 423 95% 24 5% 2. Other than Permanent (E) 5 5 100% 0 0% 3. Total employees (D + E) 452 428 95% 24 5% WORKERS 4. Permanent (F) 275 275 100% 0 0% 5. Other than Permanent (G) 2877 2688 93% 189 7% 6. Total workers (F + G) 3152 2963 94% 189 6% b. Differently abled Employees and workers: S. Particulars Total (A) Male Female No. (B) % (B / A) No. (C) % (C / A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 1 1 100% 0 0% 2. Other than Permanent (E) 0 0 0% 0 0% 3. Total differently abled (D + E) 1 1 100% 0 0% employees DIFFERENTLY ABLED WORKERS 4. Permanent (F) 2 2 100% 0 0% 5. Other than permanent (G) 2 2 100% 0 0% 6. Total differently abled work- 4 4 100% 0 0% ers (F + G) 21. Participation/Inclusion/Representation of women Category Total (A) No. and percentage of Females No. (B) % (B / A) Board of Directors 08 02 25.00% Key Management Personnel 03 02 66.66% 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 Employees 0.92% 0.06% 0.97% 1.41% 0.09% 1.50% 1.10% 0.10% 1.20% Permanent Workers 0.22% 0% 0.22% 0.34% 0% 0.34% 0.5% 0% 0.5% 65th ANNUAL REPORT 2025-2026 5. Holding, Subsidiary and Associate Companies (including joint ventures) 23. (a) Names of holding / subsidiary / associate companies / joint ventures S. Name of the holding / Subsidiary / Indicate % of Does the entity No. associate companies / joint ventures (A) whether shares indicated at column holding/ held by A, participate Subsidiary/ listed in the Business Associate/ entity Responsibility Joint initiatives of the listed Venture entity? (Yes/No) 1. NRF Holding B.V. Subsidiary 100% No* 2. Banco Gaskets (India) Limited Subsidiary 100% No* 3. Banco New Energy Cooling Systems Limited Subsidiary 100% No* *Business Responsibility initiatives disclosed are pertaining to Banco Products (India) Limited on Standalone basis and does not include the information/initiatives undertaken, if any, by the Companies indicated in Column A. 6. CSR Details 24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in Rs.) (2025-26): Rs. 1226 Crores (iii) Net worth (in Rs.) (2025-26): Rs. 1053 Crores 7. Transparency and Disclosures Compliances 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder Grievance FY 2025-26 Current Financial Year FY 2024-25 Previous Financial Year group from Redressal Number Number of Remark Number Number of Remark whom complaint Mechanism of Com- complaints of complaints is received in Place plain ts pending complain pending (Yes/No) Filed resolution ts filed resolution at (If Yes, then during at close of during close of the provide the Year the year the year year web-link for grievance redress policy) Communities Yes - - - - - - Investors Yes - - - - - - (other than shareholders) Shareholders Yes; Contact 0 0 - 0 0 - details of designated officials for assisting and handling Investor’s grievances are placed on the website of the Company BANCO PRODUCTS (INDIA) LIMITED Employees and Yes - - - - - - workers Customers Yes - - - - - - Value Chain Yes - - - - - - Partners Other (please NA specify) The Vigil Mechanism/Whistle-Blower Policy of the Company provides a robust framework for dealing with concerns and grievances. The same is available at https://www.bancoindia.com/investor-relations/#14972617 00893-eb0e6e05-b833 26. 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 risk or an opportunity to your business, rat [Showing first 8,000 characters — download PDF for full document]