Meeting Details
- Type of Meeting: 39th Annual General Meeting (AGM)
- Meeting Date: Wednesday, August 26, 2026
- Meeting Time: 12:30 PM to 01:15 PM (IST)
- Mode: Conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM)
- Record Date/Cut-off Date: Wednesday, August 19, 2026
- Total Shareholders on Record Date: 39,139
Voting Process and Scrutinizer Appointment
- Scrutinizer: Sunita Mathur, Practicing Company Secretary (CP No. 741, FCS 1743)
- Appointment Date: May 19, 2026 (via Board Meeting)
- E-voting Provider: Kfin Technologies Limited
- Remote e-voting Period: August 23, 2026 (09:00 AM IST) to August 25, 2026 (05:00 PM IST)
- E-voting during AGM: Available for members who had not voted remotely
- Votes unblocked and downloaded: August 26, 2026 at 1:28 PM IST in presence of two independent witnesses
Quantitative Voting Results
Total Paid-up Equity Share Capital: 108,250,000 shares
Total Votes Polled: 84,009,572 shares (77.607% of outstanding shares)
Resolution-wise Results:
1. Item No. 1: Adoption of Financial Statements
- Votes in Favor: 84,005,472 (99.9951%)
- Votes Against: 4,100 (0.0049%)
- Invalid/Rejected: 0
- Resolution: Ordinary - PASSED
2. Item No. 2: Declaration of Final Dividend @35% (₹0.70 per equity share)
- Votes in Favor: 84,005,472 (99.9951%)
- Votes Against: 4,100 (0.0049%)
- Invalid/Rejected: 0
- Resolution: Ordinary - PASSED
3. Item No. 3: Re-appointment of Mr. Anand Swaroop (DIN: 00004816)
- Votes in Favor: 83,995,472 (99.9951%)
- Votes Against: 4,100 (0.0049%)
- Invalid/Rejected: 0
- Resolution: Ordinary - PASSED
4. Item No. 4: Payment of Commission to Mr. S. K. Arya (DIN: 00004626)
- Votes in Favor: 69,120,707 (99.8857%)
- Votes Against: 79,115 (0.1143%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
5. Item No. 5: Re-appointment of Mr. Madhusudan Prasad (DIN: 02665954)
- Votes in Favor: 83,930,457 (99.9058%)
- Votes Against: 79,115 (0.0942%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
6. Item No. 6: Material Related Party Transactions with Maruti Suzuki India Limited
- Votes in Favor: 19,752,077 (99.9792%)
- Votes Against: 4,100 (0.0208%)
- Invalid/Rejected: 0 (Related parties abstained as per Regulation 23 of Listing Regulations)
- Resolution: Ordinary - PASSED
7. Item No. 7: Material Related Party Transactions with Neel Metal Products Limited
- Votes in Favor: 19,748,077 (99.9792%)
- Votes Against: 4,100 (0.0208%)
- Invalid/Rejected: 0 (Related parties abstained as per Regulation 23 of Listing Regulations)
- Resolution: Ordinary - PASSED
8. Item No. 8: Issue of Securities under Sections 23, 42, 62 and 71 of Companies Act, 2013
- Votes in Favor: 83,926,457 (99.9011%)
- Votes Against: 83,115 (0.0989%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
9. Item No. 9: Appointment of Mr. Krishan Kumar Jalan (DIN: 01767702) as Independent Director
- Votes in Favor: 84,001,472 (99.9904%)
- Votes Against: 8,100 (0.0096%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
10. Item No. 10: Creation of Charge/Mortgage on Assets
- Votes in Favor: 84,001,472 (99.9904%)
- Votes Against: 8,100 (0.0096%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
11. Item No. 11: Borrowing in excess of paid-up capital + free reserves + securities premium
- Votes in Favor: 84,001,472 (99.9904%)
- Votes Against: 8,100 (0.0096%)
- Invalid/Rejected: 0
- Resolution: Special - PASSED
Attendance Details
- Promoters attending meeting: 11 members (appearing as 12 due to one member logging in with 2 folios)
- Public shareholders attending: 89 members
- Total attendees: 100 members
Document Submission and Availability
- Submitted to: BSE Limited and National Stock Exchange of India Ltd.
- Also available on: Company website (www.jbmgroup.com) and KFin Technologies website (https://evoting.kfintech.com)
Financial Impact
Dividend declaration of ₹0.70 per equity share @35% for financial year 2025-26 approved. Other resolutions have capital structure and operational implications but specific financial impact not quantified in this disclosure.