Key Resolutions and Voting Results

Special Resolution 1: Re-appointment of Mr. Manoj Kumar Rustagi (DIN: 07742914) as Whole-time Director and CEO

  • Result: Passed with requisite majority
  • Total votes polled: 631,379 shares (0.214% of outstanding shares)
  • Votes in favor: 576,892 shares (91.37% of votes polled)
  • Votes against: 54,487 shares (8.63% of votes polled)
  • Number of members voted: 144
  • Promoter and promoter group (196,175,708 shares) did not participate in voting

Ordinary Resolution 2: Approval for Material Related Party Transactions with JSW Cement Limited for FY 2026-27

  • Result: Passed with requisite majority
  • Total votes polled: 631,379 shares (0.214% of outstanding shares)
  • Votes in favor: 617,308 shares (97.77% of votes polled)
  • Votes against: 14,071 shares (2.23% of votes polled)
  • Number of members voted: 144

Ordinary Resolution 3: Approval for Material Related Party Transactions with JSW JFE Steel Limited for FY 2026-27

  • Result: Passed with requisite majority
  • Total votes polled: 631,379 shares (0.214% of outstanding shares)
  • Votes in favor: 616,758 shares (97.68% of votes polled)
  • Votes against: 14,621 shares (2.32% of votes polled)
  • Number of members voted: 144

Ordinary Resolution 4: Approval for Material Related Party Transactions with Bhushan Steel and Power Limited for FY 2026-27

  • Result: Passed with requisite majority
  • Total votes polled: 631,379 shares (0.214% of outstanding shares)
  • Votes in favor: 616,758 shares (97.68% of votes polled)
  • Votes against: 14,621 shares (2.32% of votes polled)
  • Number of members voted: 144

Ordinary Resolution 5: Approval for Material Related Party Transactions with JSW International Tradecorp PTE Limited for FY 2026-27

  • Result: Passed with requisite majority
  • Total votes polled: 631,379 shares (0.214% of outstanding shares)
  • Votes in favor: 616,758 shares (97.68% of votes polled)
  • Votes against: 14,621 shares (2.32% of votes polled)
  • Number of members voted: 144

Voting Process Details

  • Remote e-voting period: 15th May 2026 (09:00 AM IST) to 13th June 2026 (05:00 PM IST)
  • Cut-off date: 8th May 2026
  • Total shareholders on record date: 56,386
  • Scrutinizer: Meghana Mhatre of Meghana Mhatre & Associates, appointed via board resolution dated 23rd March 2026
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Votes unblocked: 15th June 2026 at 11:45 AM in presence of two witnesses

Shareholding Pattern

  • Total outstanding shares: 295,000,000
  • Promoter and promoter group holding: 196,175,708 shares (66.50%)
  • Public institutions holding: 543,627 shares (0.18%)
  • Public non-institutions holding: 98,280,665 shares (33.32%)

Financial Impact

Financial impact of related party transactions not quantified in the disclosure.