GULSHAN POLYOLS LTD.

Gulshan Polyols Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year ended March 31, 2026. The report, filed as per SEBI regulations, provides comprehensive disclosures on the company's corporate identity, business activities, operations, and employee data. Key business activities include manufacturing Ethanol, Country Liquor, Sorbitol, Fructose, and Animal feed, contributing 100% to turnover. Sorbitol and Ethanol are major revenue drivers. The company operates 9 plants and 2 offices nationally, serving over 40 countries internationally with exports accounting for 5.049% of turnover. The report also details employee demographics, highlighting a significant female representation on the Board of Directors (40%) and among Key Management Personnel (50%).

Gulshan Polyols Ltd has announced its 26th Annual General Meeting (AGM) will be held on September 11, 2026, at 1:00 PM IST in Muzaffarnagar, Uttar Pradesh. The notice, sent via email to registered members and by physical letter to others, details the agenda. Key items include adopting the FY26 financial statements, declaring a final dividend of ₹1.50 per equity share, appointing directors, and ratifying the remuneration of cost auditors for FY27. The company also seeks approval for the re-appointment of Mr. Vardhman Doogar as an Independent Director.

Gulshan Polyols Ltd has announced its 26th Annual General Meeting (AGM) to be held on September 11, 2026, at 1:00 PM IST at The Solitaire INN Hotel in Muzaffarnagar, Uttar Pradesh. The notice for the AGM, along with the Annual Report for FY 2025-26, was sent via email to members on August 18, 2026. Key agenda items include adopting the audited financial statements for FY 2025-26, declaring a final dividend of ₹1.50 per equity share, appointing directors, and ratifying the remuneration of cost auditors for FY 2026-27. The re-appointment of Mr. Vardhman Doogar as a Non-Executive Independent Director is also on the agenda.

Gulshan Polyols Limited has announced its 26th Annual General Meeting (AGM) scheduled for September 11, 2026, at 1:00 PM IST in Muzaffarnagar, Uttar Pradesh. The company has enclosed its Annual Report for the Financial Year ended March 31, 2026, along with the AGM notice. Both documents were dispatched via email on August 18, 2026, to registered members, with physical copies and weblinks provided to others. The Register of Members and Share Transfer Books will be closed from September 5 to September 11, 2026, for dividend payment. The company is also offering remote e-voting facility through NSDL from September 8 to September 10, 2026, for members holding shares as of the cut-off date, September 4, 2026.

Gulshan Polyols Limited (GPL) has received an additional allocation of 20,740 Kiloliters of Ethanol for supply to Oil Marketing Companies (OMCs). This allocation is for Q4 of Ethanol Supply Year (ESY) 2025-26 and covers the states of Assam and Madhya Pradesh. The estimated order value for this allocation is ₹146,65,60,600 (approximately ₹146.66 Crores). This development is expected to bolster the company's revenue streams in the upcoming fiscal quarter.

Gulshan Polyols Limited has announced that its 26th Annual General Meeting (AGM) will be held on Friday, September 11, 2026, at 01:00 P.M. (IST). The meeting will take place at The Solitaire INN Hotel, Muzaffarnagar, Uttar Pradesh. This announcement is in compliance with the Companies Act, 2013, and SEBI Listing Regulations. The notice for the AGM will also be available on the company's website, www.gulshanindia.com.

Gulshan Polyols Ltd has announced the record date and book closure for determining shareholder entitlement to the final dividend for FY 2025-26. The record date is set for Friday, August 28, 2026, with book closure from Saturday, September 05, 2026, to Friday, September 11, 2026. The proposed final dividend is ₹1.50 per equity share, subject to member approval at the 26th Annual General Meeting. If approved, the dividend will be paid by October 09, 2026, to eligible shareholders.

Gulshan Polyols Ltd announced the re-appointment of Mr. Vardhman Doogar as a Non-Executive Independent Director. The decision, recommended by the Nomination, Remuneration and Compensation Committee, was approved by the Board of Directors on August 6, 2026. Mr. Doogar will serve a second term of five years, commencing October 1, 2026, and concluding on September 30, 2031. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Doogar brings over a decade of experience in auditing, management consultancy, and merchant banking.

Gulshan Polyols Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved a proposal to raise funds up to ₹250 Crores through Qualified Institutions Placement (QIP) or other permissible capital raising methods. The results were reviewed by M/s Shahid & Associates, Statutory Auditors.

Gulshan Polyols' standalone PAT for Q1 FY27 came in at ₹53.51 Cr, up 307% year-on-year from ₹13.14 Cr and 42.5% sequentially from ₹37.54 Cr, while revenue grew a more modest 7.9% YoY to ₹639.87 Cr (+16.2% QoQ). No exceptional items sit in either the current or year-ago quarter, so the growth is not a one-off comparison artefact — it is a genuine margin story: net profit margin rose to 8.36% from 2.21% a year ago, and operating margin (segment results/revenue) expanded to 12.5% from 6.17%, now above the top end of management's 10-12% FY27 EBITDA-margin guidance and its 5-6% PAT-margin band. The margin bridge sits mainly in the P&L's 'changes in inventories' line, which added just ₹4.91 Cr of cost this quarter versus ₹58.60 Cr in Q1 FY26 — a large swing that flattered gross profitability even as cost of materials consumed grew 7.7% YoY in line with revenue. By segment, Ethanol/Distillery — the largest business — nearly tripled its segment profit to ₹75.02 Cr from ₹26.35 Cr on revenue up 10.7% YoY to ₹446.15 Cr; annualising this quarter's run-rate (~₹1,785 Cr) sits just shy of the ₹1,800-1,900 Cr FY27 guidance for the segment. Grain Processing turned around to a ₹3.96 Cr segment profit from a ₹4.30 Cr loss, though its ₹169.55 Cr revenue annualises to ~₹678 Cr, trailing the ₹800 Cr FY27 target. Mineral Processing was broadly flat at ₹24.17 Cr revenue and ₹4.19 Cr segment profit, tracking close to its ₹100 Cr annual guidance. Total company revenue annualises to roughly ₹2,560 Cr, just below the low end of the ₹2,600-2,800 Cr FY27 revenue guidance given at the Q4 FY26 call — one quarter into a seasonal agri/ethanol business, this is not yet a signal either way. There is no independent analyst/street estimate available for this print — Gulshan Polyols does not carry visible formal sell-side coverage, so vsStreet is unknown; the only external data point found was the year-ago Q1 FY26 actual itself, not a forward estimate. Management's own framing at the last concall (May 2026) was confident and optimistic about FY27 margin build-out; this quarter's 8.36% PAT margin already running above the guided 5-6% band supports that confidence, even as topline growth remains gradual. Alongside results, the board approved a fundraise of up to ₹250 Cr via QIP or equivalent private placement — consistent with the FY28 growth-phase capex (₹500 Cr Madhya Pradesh project) flagged in the prior guidance — and the quarter also saw a ₹5 Cr government incentive and a fresh MP country-liquor supply order, both modest relative to the P&L but consistent with the ethanol-ecosystem narrative management has pushed in recent media appearances.