Company responds to SES proxy advisory report on AGM resolutions

JK Lakshmi Cement submitted a clarification to Stakeholders Empowerment Services (SES), which had recommended voting AGAINST Item 5 of the 86th AGM notice (30 July 2026). The company flagged factual errors such as the remuneration ratio for Vinita Singhania (4.19 versus 4.52 reported). It argued that the proposed remuneration is within Companies Act 2013 limits, that shareholder approval for continuation beyond age 70 was secured in the 2021 AGM, and that combined CMD post and NRC membership raise no governance concern. SES may issue an addendum.