Jayant Agro Organics Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
JAYAGROGN · price
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Jayant Agro-Organics Limited announced the results of its postal ballot concluded on March 26, 2026, with all five special resolutions passed with overwhelming majority. The key resolutions included: (1) adoption of a new set of Articles of Association, (2) increase in borrowing powers up to ₹1,500 crore under Section 180(1)(c), (3) creation of charge/mortgage on company assets under Section 180(1)(a), (4) increase in limits for investments, loans, guarantees and securities up to ₹1,500 crore under Section 186, and (5) re-appointment of Mr. Sanjay Jaysinh Mariwala (DIN: 01111537) as Independent Director for a second term of 5 years from June 30, 2026 to June 29, 2031. All resolutions received over 99.93% votes in favour, with virtually negligible opposition. The scrutinizer Mr. Dhrumil M. Shah confirmed the e-voting process was conducted in a fair and transparent manner.
Shareholders have approved a significant increase in the company's borrowing and investment capacity (up to ₹1,500 crore each), giving the board greater financial flexibility for expansion, acquisitions, or operational needs. The re-appointment of an independent director ensures continuity on the board. With such overwhelming approval (nearly 100% in favour), the resolutions reflect strong shareholder confidence and are unlikely to cause any negative stock price reaction.