Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Meeting Details
- Date of Meeting: 13th August, 2026
- Type of Meeting: 20th Annual General Meeting
- Meeting Mode: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
- Cut-off date for voting rights: 6th August, 2026
- Total shareholders on record date: 427,118
Shareholder Participation
- Promoters and Promoter Group attended through VC: 5 members
- Public shareholders attended through VC: 55 members
- Remote e-voting period: 9th August 2026 (9:00 AM) to 12th August 2026 (5:00 PM)
Summary of Resolutions and Voting Outcomes
Resolution 1: Adoption of Financial Statements
- Description: Adoption of Audited Standalone and Consolidated Financial Statements for FY ended 31st March 2026 with Reports of Board of Directors and Statutory Auditor
- Resolution Type: Ordinary
- Total Votes Polled: 2,187,867,876 shares (93.8998% of outstanding shares)
- In Favor: 2,187,824,610 votes (99.9980%)
- Against: 43,266 votes (0.0020%)
- Result: PASSED
Resolution 2: Dividend Declaration
- Description: Declaration of Dividend of ₹0.90 per Equity Share of ₹2/- each
- Resolution Type: Ordinary
- Total Votes Polled: 2,187,867,886 shares (93.8998% of outstanding shares)
- In Favor: 2,187,866,560 votes (99.9999%)
- Against: 1,326 votes (0.0001%)
- Result: PASSED
Resolution 3: Director Re-appointment
- Description: Re-appointment of Mr. Lalit Singhvi (DIN: 05335938) as Director retiring by rotation
- Resolution Type: Ordinary
- Total Votes Polled: 2,187,777,085 shares (93.8959% of outstanding shares)
- In Favor: 2,171,854,963 votes (99.2722%)
- Against: 15,922,122 votes (0.7278%)
- Result: PASSED
Resolution 4: Director Remuneration
- Description: Payment of remuneration to Mr. Lalit Singhvi, Non-Executive Non-Independent Director
- Resolution Type: Special
- Total Votes Polled: 2,187,777,085 shares (93.8959% of outstanding shares)
- In Favor: 2,117,047,207 votes (96.7670%)
- Against: 70,729,878 votes (3.2330%)
- Result: PASSED
Resolution 5: Cost Auditor Remuneration
- Description: Ratification of remuneration of Cost Auditors
- Resolution Type: Ordinary
- Total Votes Polled: 2,187,867,875 shares (93.8998% of outstanding shares)
- In Favor: 2,187,865,352 votes (99.9999%)
- Against: 2,523 votes (0.0001%)
- Result: PASSED
Resolution 6: Related Party Transaction - JSW Jaigarh Port
- Description: Material Related Party Transaction between JSW Jaigarh Port Limited (wholly owned subsidiary) and JSW Steel Limited
- Resolution Type: Ordinary
- **Promoters abstained from voting as required by Regulation 23(7) of Listing Regulations
- Total Votes Polled: 463,590,985 shares (19.8966% of outstanding shares)
- In Favor: 463,588,576 votes (99.9995%)
- Against: 2,409 votes (0.0005%)
- Result: PASSED
Resolution 7: Related Party Transaction - JSW Dharamtar Port
- Description: Material Related Party Transaction between JSW Dharamtar Port Private Limited (wholly owned subsidiary) and JSW Steel Limited
- Resolution Type: Ordinary
- **Promoters abstained from voting as required by Regulation 23(7) of Listing Regulations
- Total Votes Polled: 463,590,985 shares (19.8966% of outstanding shares)
- In Favor: 463,589,081 votes (99.9996%)
- Against: 1,904 votes (0.0004%)
- Result: PASSED
Resolution 8: Related Party Transaction - JSW Port Logistics
- Description: Material Related Party Transaction between JSW Port Logistics Private Limited (wholly owned subsidiary) and JSW Steel Limited
- Resolution Type: Ordinary
- **Promoters abstained from voting as required by Regulation 23(7) of Listing Regulations
- Total Votes Polled: 463,590,985 shares (19.8966% of outstanding shares)
- In Favor: 463,589,106 votes (99.9996%)
- Against: 1,879 votes (0.0004%)
- Result: PASSED
Resolution 9: Related Party Transaction - JSW Rail Infra Logistics
- Description: Material Related Party Transaction between JSW Rail Infra Logistics Private Limited (step-down wholly owned subsidiary) and JSW Steel Limited
- Resolution Type: Ordinary
- **Promoters abstained from voting as required by Regulation 23(7) of Listing Regulations
- Total Votes Polled: 463,590,983 shares (19.8966% of outstanding shares)
- In Favor: 463,589,394 votes (99.9997%)
- Against: 1,589 votes (0.0003%)
- Result: PASSED
Voting Process and Methodology
- Remote e-voting: Conducted through KFin Technologies Limited platform from 9th to 12th August 2026
- E-voting at AGM: Conducted during the meeting on 13th August 2026
- Scrutinizer: Sunil Agarwal of Sunil Agarwal & Co., Company Secretaries
- Witnesses: Mr. Amit Sharma and Ms. Tulsi Gupta (independent witnesses)
- **Votes were unblocked after AGM conclusion in presence of witnesses
Scrutinizer's Findings and Conclusions
Sunil Agarwal certified that:
- The voting process was conducted fairly and transparently
- All resolutions received requisite majority approval
- Related parties properly abstained from voting on related party transaction resolutions as required
- The results may be considered valid and the company may declare the resolutions passed
Compliance Confirmation
The company confirmed compliance with:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Companies Act, 2013 and Rules thereunder
- MCA Circulars and SEBI Circulars regarding e-voting procedures
- Regulation 23(7) for related party transaction voting requirements
Additional Information
The voting results and scrutinizer's report are available on the company's website (www.jswinfrastructure.in) and KFin Technologies website (https://evoting.kfintech.com).