JSW Dulux Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Dulux Limited has announced the results of its postal ballot conducted via remote e-voting, with all 8 resolutions approved by shareholders as of April 26, 2026. The voting participation was strong at 84.9% of total shares (38.66 million out of 45.54 million). Key resolutions included appointment of Mr. Kaustubh Kulkarni as Non-Executive Director (99.72% in favour) and Ms. Sutapa Banerjee as Independent Director (86.22% in favour, notable 13.78% dissent from public institutions). The company also received approval for the new 'JSW Dulux Limited - Employee Stock Option Scheme 2026' and related resolutions for stock option grants to employees of subsidiary and holding companies, all passing with 96-99% approval. The Articles of Association amendment was approved with overwhelming 99.99% support.
All resolutions passing strengthens the company's governance and employee retention framework through the ESOS scheme. The significant dissent on Ms. Banerjee's appointment (13.78% against) may attract attention from institutional investors. Overall shareholder approval signals confidence in company management.