JSW Cement Limited has informed the Exchange regarding Outcome of Postal Ballot dated 27th December 2025. Further, the company has submitted the Exchange a copy of Scrutinizers report along with voting results.
JSWCEMENT · price
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JSW Cement Limited conducted a postal ballot that concluded on 27th December 2025 to seek shareholder approval for the appointment of Mr. Sudhir Maheshwari (DIN: 02376365) as a Non-Executive, Non-Independent Director. The resolution was passed with overwhelming support, receiving 98.14% of votes in favour (1,028,097,671 shares) and only 1.86% against (19,510,022 shares). The promoter and promoter group voted 100% in favour, while public institutions and public non-institutions also backed the appointment with 84.24% and 92.63% support respectively. Total valid votes represented 76.84% of outstanding shares, well above the required threshold. The scrutinizer's report was submitted on 30th December 2025, confirming the resolution was duly passed.
This is a routine board composition change with near-unanimous shareholder backing, indicating strong confidence in the new appointee. The appointment is unlikely to have any immediate material impact on the stock price or operations of the company.