JSW Dulux Limited has informed the Exchange regarding Proceedings of Postal Ballot
JSWDULUX · price
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JSW Dulux Limited has informed the exchanges about the conclusion of its postal ballot e-voting process. The e-voting closed on 26th April 2026 at 5:00 PM IST. Shareholders voted on 8 resolutions including: (1) appointment of Mr. Kaustubh Sudhakar Kulkarni as Non-Executive Non-Independent Director, (2) appointment of Ms. Sutapa Banerjee as Independent Director, (3) amendment in Articles of Association, and (4-8) approval of the new 'JSW Dulux Limited – Employee Stock Option Scheme 2026' including options for subsidiary and holding company employees, implementation through Trust route, and provision of funds for share purchase by the Trust. The Scrutinizer's report is pending, and actual voting results will be announced separately.
This filing marks the completion of the voting phase for significant corporate changes including board appointments and a new ESOP scheme. Shareholders should await the official results announcement for confirmation on whether resolutions passed. Director appointments and ESOP approvals are typically positive signals for company governance and employee retention.