JK Lakshmi Cement Limited held its 86th Annual General Meeting (AGM) on 30th July 2026 at 2:30 PM IST through Video Conference/Other Audio Visual Means (VC/OAVM). The meeting was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Voting Process and Participation
The cut-off date for determining voting eligibility was 23rd July 2026, with 169,400 shareholders on record. The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL) and was available from 25th July 2026 (10:00 AM) to 29th July 2026 (5:00 PM).
Total shareholder participation was 79.77% of outstanding shares, with 99024073 votes polled out of 124144426 total shares.
Resolution-wise Voting Results
Resolution 1: Adoption of Financial Statements
- Ordinary resolution for receiving and adopting audited standalone and consolidated financial statements for FY ended 31st March 2026
- Total votes: 98,978,613 (100% of votes polled)
- Votes in favor: 98,978,308 (100.00%)
- Votes against: 305 (0.00%)
- 565 members voted
Resolution 2: Declaration of Dividend
- Ordinary resolution for declaration of dividend @ ₹6.50 per equity share (130%) for FY ended 31st March 2026
- Total votes: 99,023,587 (100% of votes polled)
- Votes in favor: 99,023,476 (100.00%)
- Votes against: 111 (0.00%)
- 565 members voted
- Promoter group not interested in this resolution
Resolution 3: Reappointment of Director
- Ordinary resolution for reappointment of Dr. Arun Kumar Shukla (DIN: 09604989) who retired by rotation
- Total votes: 99,024,073 (100% of votes polled)
- Votes in favor: 93,176,576 (94.09%)
- Votes against: 5,847,497 (5.91%)
- 569 members voted
- Promoter group not interested in this resolution
- Institutional investors showed significant opposition with 14.38% voting against
Resolution 4: Ratification of Cost Auditor Remuneration
- Ordinary resolution for ratification of remuneration of M/s. R.J. Goel & Co., Cost Accountants for FY 2026-27
- Total votes: 99,024,073 (100% of votes polled)
- Votes in favor: 99,021,805 (100.00%)
- Votes against: 2,268 (0.00%)
- 566 members voted
Resolution 5: Reappointment of Chairperson & Managing Director
- Special resolution for reappointment of Smt. Vinita Singhania (DIN: 00042983) as Chairperson & Managing Director for 5 years effective 1st August 2026
- Total votes: 99,024,073 (100% of votes polled)
- Votes in favor: 77,528,964 (78.29%)
- Votes against: 21,495,109 (21.71%)
- 571 members voted
- Promoter group interested in this resolution
- Significant institutional opposition with 52.89% voting against
Scrutinizer Report
The voting process was scrutinized by Dr. CS Ronak Jhuthawat (Certificate of Practice no. 12094) of M/s. Ronak Jhuthawat & Co., Company Secretary in Practice. The scrutinizer confirmed that all resolutions were passed with requisite majority and the process was conducted fairly and transparently.
Enclosures
The filing includes Annexure-I (Voting Results) and Annexure-II (Consolidated Scrutinizer's Report) as required under Regulation 44 of SEBI LODR Regulations.