JINDALSAWBSEJindal Saw LtdLowNeutral
Announced Fri, 29 May · 14:26 IST

PROCEEDINGS OF 41st AGM of Jindal Saw Limited

Board & Shareholder Meetings View source PDF

JINDALSAW · price

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AI summary

Jindal Saw Ltd held its 41st AGM on May 29, 2026 via video conferencing. The meeting covered ordinary business including adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of dividend, and re-appointment of two directors retiring by rotation. Special business included appointment of Dr. Ashutosh Karnatak as Independent Director, continuation of Shri Prithavi Raj Jindal's directorship post age 75, and approval of material related party transactions with JWIL Infra Limited, JSW Steel Limited, and Jindal Steel Limited. The meeting also approved cost auditor remuneration and issuance of non-convertible debentures on private placement basis. Voting results will be disclosed separately.

Likely market impact

Shareholders approved financial statements, dividend declaration, and key governance matters including related party transactions. The approval of NCD issuance provides flexibility for future fundraising. Final voting outcomes are pending disclosure.