Jayaswal Neco Industries Limited held its Extra-Ordinary General Meeting (EGM) on May 21, 2026, through Video Conferencing. The meeting, which commenced at 12:30 P.M. IST, was conducted to seek shareholder approval for key resolutions regarding capital restructuring and corporate governance. The proceedings were deemed to be held at the Corporate Office in Nagpur.

Voting Results Summary

Shareholders voted on two special resolutions during the meeting. The remote e-voting facility was operational from May 18, 2026, to May 20, 2026. A total of 108 members participated in the voting process. The scrutinizer for the meeting was Smt. Rachana Daga of R.A. Daga & Co.

Resolutions Passed

The company sought approval for the amendment to its Articles of Association and the issuance of warrants. Both resolutions were passed with the requisite majority.

Meeting Proceedings

As the Chairman was interested in the resolution regarding the issuance of warrants, the conduct of proceedings for that specific item was entrusted to Shri Manoj Shah, a non-interested Director. The meeting concluded with a vote of thanks at 12:42 P.M. The company has submitted the voting results to the stock exchanges pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Jayaswal Neco Industries Limited has filed a declaration with the National Stock Exchange of India Limited (NSE) and BSE Limited regarding the encumbrance on shares held by its promoters and Persons Acting in Concert (PAC). The disclosure was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

The company confirmed that the promoters, along with other members of the promoter group and PACs, have not created any encumbrance, directly or indirectly, other than those already disclosed during the financial year 2025-26. The declaration was submitted on April 3, 2026, and signed by Arvind Jayaswal on behalf of the promoters and PACs.

Promoters and PACs

The declaration covers a comprehensive list of 30 entities and individuals comprising the promoter group. The list includes key individuals such as Mr. Basant Lall Shaw, Mr. Arvind Jayaswal, and Mr. Ramesh Jayaswal, as well as various private limited companies associated with the group.

The filing was addressed to the Manager (Listing) at both exchanges, requesting them to place the information on their records. Jayaswal Neco Industries Limited is listed on both the BSE and NSE.