JSW Cement Limited has disclosed the results of a postal ballot conducted through remote e-voting for the re-appointment of two directors. The voting process concluded on 12th July 2026 at 5:00 PM IST.

Resolutions and Voting Results

Resolution 1: Ordinary Resolution for Re-appointment of Mr. Nilesh Narwekar

  • Re-appointment as Whole-time Director and Chief Executive Officer (DIN: 06908109)
  • Total valid votes cast: 1,104,754,346 shares (81.03% of outstanding shares)
  • Votes in favor: 1,077,737,545 shares (97.55% of votes cast)
  • Votes against: 27,016,801 shares (2.45% of votes cast)
  • Resolution PASSED with requisite majority

Resolution 2: Special Resolution for Re-appointment of Mr. Sumit Banerjee

  • Re-appointment as Independent Director (DIN: 00213826)
  • Total valid votes cast: 1,104,752,973 shares (81.03% of outstanding shares)
  • Votes in favor: 1,098,939,692 shares (99.47% of votes cast)
  • Votes against: 5,813,281 shares (0.53% of votes cast)
  • Resolution PASSED with requisite majority

Voting Process Details

  • Record date (cut-off date): 5th June 2026
  • Total shareholders as of record date: 452,119
  • Remote e-voting period: 13th June 2026 (9:00 AM IST) to 12th July 2026 (5:00 PM IST)
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Meghana Mhatre of Meghana Mhatre & Associates, Company Secretaries
  • Votes unblocked on: 13th July 2026 at 8:22 AM IST in presence of witnesses

Shareholder Category-wise Voting Breakdown

For Mr. Nilesh Narwekar's Re-appointment:

  • Promoter & Promoter Group: 100% in favor (923,502,344 shares voted)
  • Public Institutions: 85.05% in favor, 14.95% against (180,467,700 shares voted)
  • Public Non-Institutions: 95.10% in favor, 4.90% against (784,302 shares voted)

For Mr. Sumit Banerjee's Re-appointment:

  • Promoter & Promoter Group: 100% in favor (923,502,344 shares voted)
  • Public Institutions: 96.80% in favor, 3.20% against (180,467,700 shares voted)
  • Public Non-Institutions: 94.71% in favor, 5.29% against (782,929 shares voted)

Additional Information

  • The postal ballot notice was dated 11th June 2026
  • No physical notices were dispatched - only electronic communication to members
  • Advertisement was published in Financial Express (English) and Navshakti (Marathi) on 12th June 2026
  • Detailed results and scrutinizer's report are available on company website (www.jswcement.in) and NSDL website (www.evoting.nsdl.com)
  • The scrutinizer's report was prepared by Meghana Mhatre & Associates, Company Secretaries

Financial Impact

No direct financial impact quantified in the disclosure. The appointments represent routine corporate governance matters.