JSW Infrastructure Limited has informed the Exchange regarding Notice of Postal Ballot
JSWINFRA · price
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Awaiting price reaction for this filing.
JSW Infrastructure has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Rajive Kumar (DIN: 06620110) as a Non-executive, Independent Director for a term of three years, from 22nd July 2025 to 21st July 2028. The appointment, already approved by the Board on 22nd July 2025, will be confirmed through a Special Resolution. Remote e-voting will be open from 9:00 a.m. on 26th July 2025 to 5:00 p.m. on 24th August 2025, with results expected on or before 26th August 2025. Mr. Kumar is a retired 1981-batch IAS officer who served as Chief Secretary of Uttar Pradesh and as the first Chairperson of UPRERA, and currently serves on the board of ICICI Lombard General Insurance. He holds no shares in JSW Infrastructure and is not related to any existing Director or KMP.
This is a routine corporate governance action and is unlikely to move the stock price. The addition of a senior former civil servant with infrastructure and regulatory expertise may be viewed positively by long-term investors focused on board strength.