Meeting Details

The 40th Annual General Meeting of John Cockerill India Limited was held on Thursday, June 25, 2026, at 2:30 PM at Navi Mumbai Marriott Hotel, D-264, Thane-Belapur Road, TTC Estate, Turbhe MIDC, Navi Mumbai, Maharashtra – 400705.

Voting Process

The company provided remote e-voting facility to shareholders as of the cut-off date of June 19, 2026. Remote e-voting commenced on June 22, 2026 (9:00 AM) and ended on June 24, 2026 (5:00 PM). Physical voting by ballot paper was also available at the AGM venue for members who had not cast votes through remote e-voting.

The company received the scrutinizer's report from I. Qureshi & Associates Chartered Accountants dated June 25, 2026, confirming the voting details through both remote e-voting and physical ballot.

Shareholder Participation

  • Total number of shareholders on record date: 14,422
  • Number of shareholders present at meeting (in person or through proxy): 47
  • Promoters and promoter group present: 0
  • Public shareholders present: 47
  • Video conference attendance: Not arranged

Voting Results Summary

All 13 resolutions proposed at the AGM were passed with requisite majority. The resolutions included:

Resolution 1: Adoption of Standalone Financial Statements

  • Ordinary Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,700 (100.00% of votes polled)
  • Votes against: 5 (0.00% of votes polled)

Resolution 2: Declaration of Dividend for FY2025

  • Ordinary Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,700 (100.00% of votes polled)
  • Votes against: 5 (0.00% of votes polled)

Resolution 3: Re-appointment of Mr. Frederic Lemaitre (DIN: 10475793)

  • Ordinary Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,700 (100.00% of votes polled)
  • Votes against: 5 (0.00% of votes polled)

Resolutions 4-10: Material Related Party Transactions

Seven resolutions approving material related party transactions with various group entities were passed. All related parties abstained from voting on these resolutions as required by SEBI LODR Regulations:

  • Resolution 4: Transaction with John Cockerill SA, Belgium (Parent Company)
  • Resolution 5: Transaction with John Cockerill Industry North America Inc. (Fellow Subsidiary)
  • Resolution 6: Transaction with John Cockerill Industry Technologies (Beijing) Company Limited (Step-down Subsidiary)
  • Resolution 7: Transaction between John Cockerill Metals International SA, Belgium and John Cockerill Industry Technologies (Beijing) Company Limited
  • Resolution 8: Transaction between John Cockerill Metals International SA, Belgium and John Cockerill Industry North America Inc.
  • Resolution 9: Approval for receipt of Parent Company Guarantee of CNY 75 million by John Cockerill Industry Technologies (Beijing) Company Limited from John Cockerill SA, Belgium
  • Resolution 10: Amendment to Share Purchase Agreement with John Cockerill SA for acquisition of John Cockerill Metals International SA, Belgium shares

All related party transaction resolutions received nearly unanimous approval from non-interested shareholders, with only 4-5 votes against each resolution.

Resolution 11: Issuance of Non-Cumulative Compulsory Convertible Preference Shares

  • Special Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,700 (100.00% of votes polled)
  • Votes against: 5 (0.00% of votes polled)

Resolution 12: Approval of Limits under Section 186 of Companies Act, 2013

  • Special Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,272 (99.99% of votes polled)
  • Votes against: 433 (0.01% of votes polled)

Resolution 13: Ratification of Cost Auditor Remuneration

  • Ordinary Resolution passed
  • Total votes polled: 3,764,705 shares (76.24% of outstanding shares)
  • Votes in favor: 3,764,700 (100.00% of votes polled)
  • Votes against: 5 (0.00% of votes polled)

Scrutinizer Details

The scrutinizer, Imtiaz Iqbal Qureshi of I. Qureshi & Associates Chartered Accountants (Firm Registration No. 121463W), confirmed the voting process was conducted fairly and transparently. The scrutinizer's report included detailed breakdown of votes by category (Promoter & Promoter Group, Public - Institutions, Public - Non Institutions) and voting mode (E-Voting, Poll, Postal Ballot).

Share Capital Structure

Total outstanding shares: 4,937,813 shares

  • Promoter & Promoter Group: 3,478,200 shares (70.44%)
  • Public - Institutions: 25,963 shares (0.53%)
  • Public - Non Institutions: 1,433,650 shares (29.03%)

Effective Date

All resolutions are deemed to be passed on the date of the AGM, i.e., June 25, 2026.