Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26

August 31, 2026 The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Bandra- Phiroze Jeejeebhoy Towers, Kurla Complex, Dalal Street,Mumbai 400001. Bandra (East), Mumbai 400 051. Scrip Code: 500655 Trading Symbol: GRWRHITECH Dear Sir/Madam, Sub: Business Responsibility and Sustainability Report for Financial Year 2025-26 Pursuant to Regulations 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015 (“SEBI Listing Regulations”), we are submitting herewith a copy of the Business Responsibility and Sustainability Report for the Financial Year 2025-26 (“BRSR”). The said BRSR forms an integral part of the Annual Report of the Company for the Financial Year 2025-26, which can also be accessed at link - Annual Report 2025-26 and available on the website of the Company at www.garwarehitechfilms.com You are requested to kindly take the same on record and treat the same is in compliance with the applicable provisions of the Listing Regulations. Thanking you, Yours faithfully, For Garware Hi-Tech Films Limited Awaneesh Srivastava Company Secretary FCS 8513 Encl.: As stated above. GARWARE HI-TECH FILMS LIMITED CORPORATE OFFICE : GARWARE HOUSE, 50-A, SWAMI NITYANAND MARG VILE PARLE (EAST), MUMBAI – 400 057. TEL: 0091-22-6698 8000 (15 LINES) WEBSITE: www.garwarehitechfilms.com CIN: L10889MH1957PLC010889 REGD. OFFICE: NAIGAON, P.O. WALUJ, CHHATRAPATI SAMBHAJI NAGAR – 431 133 (INDIA) Garware Hi-Tech Films Limited Annexure - V BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed L10889MH1957PLC010889 Entity 2. Name of the Listed Entity Garware Hi-Tech Films Limited 3. Year of incorporation 1957 4. Registered office address Naigaon, Post Waluj, Chhatrapati Sambhajinagar, (Aurangabad), Maharashtra- 431133, India 5. Corporate address Garware House, 50-A, Swami Nityanand Marg, Vile Parle (East), Mumbai- 400057, Maharashtra, India 6. E-mail cs@garwarehitech.com 7. Telephone 0240-2554427 8. Website https://www.garwarehitechfilms.com 9. Financial year for which reporting is being done 2025-2026 10. Name of the Stock Exchange(s) where shares are Name of the Exchange Stock Code listed NSE GRWRHITECH BSE 500655 11. Paid-up Capital INR 23,23,23,940 12. Name and contact details (telephone, email Mr. Awaneesh Srivastava address) of the person who may be contacted in President - Company Secretary and Legal case of any queries on the BRSR report Contact: +91 22-66988000 Email id: cs@garwarehitech.com 13. Reporting boundary - Are the disclosures under The disclosures under this report are made on a standalone basis for Garware Hi-Tech this report made on a standalone basis (i.e. only Films Limited. (GHFL) 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). 14. Name of assessment or assurance provider1 Not Applicable as per the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dt. 28th March 2025. 15. Type of assessment or assurance obtained2 Not Applicable as per the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dt. 28th March 2025. Note: Please note that the numbers have been rationalized in this year’s report, wherever required. II. Products/services 16. Details of business activities (accounting for 90% of the turnover): Sr. Description of Main Activity Description of Business Activity % of Turnover of the entity 1. Manufacturing of BOPET films including value added products Comprises Polyester Film manufacturing 100.00 like sun control films for automotive and architectural usage and paint protection films. 1The above disclosure is made as per the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dt. 28th March 2025. 2The above disclosure is made as per the SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dt. 28th March 2025. 68 I Annual Report 2025-26 Garware Hi-Tech Films Limited 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. Lamination Films 22201 45.00 2. PET Films 22201 29.00 3. Paint Protection Films 22201 26.00 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 3 3 6 International 0 2* 2 * US and UK has one office each for GHFL’s subsidiaries. 19. Markets served by the entity: a. Number of locations: Locations Number National (No. of States) 28 International (No. of Countries) 90+ b. What is the contribution of exports as a percentage of the total turnover of the entity? The Company’s contribution of exports as a percentage of the total turnover of the entity is 73%. c. A brief on types of customers. Our product portfolio is organized into two primary segments: the Consumer Product Division (CPD) and the Industrial Product Division (IPD). The CPD serves a wide range of end-use applications, including solar control films, window laminations, architectural films and paint protection films, providing solutions tailored to diverse consumer requirements. While the other segment, the IPD, is focused on delivering high-performance films to converters, who further process them for applications such as shrink labels, heat-sealable packaging, electrical and thermal films and lidding solutions for leading brands in the food, pharmaceutical and personal care sectors. Additionally, these industrial films play a crucial role in insulation applications within electrical and electronic equipment, including transformers and household appliances. IV. Employees 20. Details as at the end of 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) 717 710 99.02 7 0.98 2. Other than Permanent (E) 231 231 100.00 0 0.00 3. Total employees (D + E) 948 941 99.26 7 0.74 WORKERS 4. Permanent (F) 319 319 100.00 0 0.00 5. Other than Permanent (G) 827 827 100.00 0 0.00 6. Total workers (F + G) 1146 1146 100.00 0 0.00 Annual Report 2025-26 I 69 Garware Hi-Tech Films Limited b. Differently abled Employees and workers: Sr. Particulars Total (A) Male Female No. (B) % (B / A) No. (C) % (C / A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) Nil. The Company does not have any disabled employee as defined under The Rights of Persons with Disabilities Act, 2016 predominantly because of nature of 2. Other than Permanent (E) our activities and processes. However, the Company does not discriminate on the 3. Total differently abled employees (D + E) basis of reduced / less mobility, in its recruitment process. DIFFERENTLY ABLED WORKERS 4. Permanent (F) Nil. The Company does not have any disabled worker as defined under The Rights 5. Other than permanent (G) of Persons with Disabilities Act, 2016 predominantly because of nature of our activities and processes. However, the Company does not discriminate on the basis 6. Total differently abled workers of reduced / less mobility, in its recruitment process. (F + G) 21. Participation/Inclusion/Representation of women Total (A)* No. and percentage of Females No. (B) % (B / A) Board of Directors 11 4 36.36 Key Management Personnel* 6 2 33.33 *Board of Directors (BOD) includes Non-Executive Directors, Executive Directors, Non-Executive Non-Independent Directors, Chairman & Managing Director (CMD) and Whole-Time Directors (WTD) and Key Managerial Personnel (KMP) includes Chief Financial Officer (CFO), Company Secretary (CS), Chairman & Managing Director (CMD) and Whole-Time Directors (WTD). ** The Chairman & Managing Director (CMD) and Whole-Time Directors (WTD) are included in both categories (BOD and KMP). 22. Turnover rate for permanent e [Showing first 8,000 characters — download PDF for full document]