Pursuant to Rerulation 44 (3) of the SEBI (LODR) Regulations, 2015 please find enclosed herewith the Result of remote e-voting of Postal Ballot along the Scrutinizer''s Report for the Resolutions ....
JPPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jaiprakash Power Ventures announced the results of its Postal Ballot conducted via remote e-voting from March 29 to April 27, 2025. All three resolutions were approved by shareholders with overwhelming majority: (1) Re-appointment of Shri Sunil Kumar Sharma as Whole-Time Director designated as Vice Chairman received 99.19% votes in favour (2) Special Resolution for payment of remuneration to Shri Sunil Kumar Sharma received 99.94% votes in favour and (3) Appointment of Prof. Suresh Chandra Saxena as Independent Director received 99.41% votes in favour. The Scrutinizer, Mr. Amit Agrawal (along with Alternate Scrutinizer Mrs. Pragnya Parimita Pradhan), certified that the voting process was conducted in a fair and transparent manner. The results were submitted to BSE and NSE on April 28, 2025.
This is a routine corporate governance filing confirming shareholder approval for director appointments and remuneration. The very high approval percentages (above 99% for all resolutions) suggest strong shareholder support with no meaningful dissent, and is unlikely to have any material impact on the stock price.