Zuari Industries shareholders approved a material related-party transaction between Simon India Limited and Paradeep Phosphates Limited via postal ballot.
The resolution passed with 70.9963% votes in favor, 29.0037% against, and 2,757,941 invalid votes from promoters.
Remote e-voting occurred from March 6 to April 4, 2026, with results scrutinized by Company Secretary Aditi Gupta.