JSW Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
JSWINFRA · price
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JSW Infrastructure announced the results of its Postal Ballot concluded on June 22, 2025, with all four resolutions passed by shareholders. The resolutions covered the re-appointment of Mr. Amitabh Kumar Sharma as Independent Director (98.19% in favor) and the appointment of Ms. Anita Belani as Independent Director (99.47% in favor). Two ordinary resolutions approving material related-party transactions between JSW Jaigarh Port and JSW Dharamtar Port (both wholly owned subsidiaries) with JSW Steel for FY 2025-26 were also passed with around 97.79% support. Of 437,204 total shareholders, about 92.84% of outstanding shares participated in the remote e-voting. Promoter group did not vote on the two RPT resolutions, as they were deemed interested parties, while public institutional investors showed some dissent (about 24.6% voted against the re-appointment of Mr. Sharma).
The outcomes maintain board continuity and clear the way for the company to continue material related-party transactions with JSW Steel during FY 2025-26, supporting ongoing operational ties between the port subsidiaries and JSW Steel. The modest institutional dissent on the director re-appointment is not material enough to affect the stock price.