GULSHAN POLYOLS LIMITED

Material Risks

AI Risk Summary

**GULSHAN POLYOLS LIMITED – FINANCIAL RISK SUMMARY** Gulshan Polyols faces a critical compliance exposure of ₹323–1212 crore, representing up to 0.6% of revenue, driven by missing or unclear Extended Producer Responsibility (EPR) applicability disclosures and incomplete Scope 1/2 emissions reporting under SEBI BRSR Core Expansion mandates. The company's maximum compliance risk score of 10.0/10 creates immediate delisting and enforcement action risk if BRSR P6 environmental disclosures and EPR obligations remain unresolved before the next filing deadline. Water and GHG intensity risks (both 5.0/10) are secondary but material for an ethanol-based business; without disclosed emissions baselines and intensity metrics, the company cannot quantify exposure to India's emerging carbon credit trading scheme (₹600–900/tonne CO2e). Priority remediation: obtain definitive EPR classification, establish Scope 1/2 inventories, and submit compliant BRSR disclosures to avoid regulatory penalties and investor capital constraints.

Source: GULSHAN POLYOLS LIMITED BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.