Jindal Drilling dispatches annual report link for 42nd AGM on Sept 15

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Key Highlights

Jindal Drilling & Industries dispatched its Annual Report 2025-26 and 42nd AGM notice web-link to shareholders without registered email IDs on August 24, 2026. The 42nd AGM is scheduled for September 15, 2026 at 3:00 pm via video conferencing. Remote e-voting window runs from September 11, 2026 at 9:00 am to September 14, 2026 at 5:00 pm. Cut-off date for voting eligibility is September 8, 2026. September 1, 2026 is fixed as the record date for FY26 dividend eligibility.

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Jindal Drilling & Industries has dispatched its Annual Report 2025-26 and the 42nd AGM notice to shareholders who have not registered email IDs, providing a web-link to access the documents ahead of the September 15, 2026 meeting.

Annual report access for unregistered members

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company sent a letter dated August 24, 2026 to members without registered email addresses, providing the web-link and exact path to download the Annual Report 2025-26, including the Notice of the 42nd AGM. Members with registered email IDs received the documents electronically through the Company, Registrar and Share Transfer Agent, or Depository Participants.

Meeting logistics

The 42nd Annual General Meeting is scheduled for Tuesday, September 15, 2026 at 3:00 pm, to be conducted through video conferencing or other audio-visual means in compliance with Ministry of Corporate Affairs and SEBI circulars. Shareholders participating via video conferencing will be counted toward the quorum under Section 103 of the Companies Act, 2013.

E-voting details

The company has enabled remote e-voting through National Securities Depository Limited. Details on e-voting procedure, AGM participation, speaker registration, and dividend are contained in the AGM notice.

Parameter Detail
Voting start September 11, 2026, 9:00 am
Voting end September 14, 2026, 5:00 pm
Cut-off date September 8, 2026
AGM date September 15, 2026, 3:00 pm

Only members appearing in the register as of the cut-off date of September 8, 2026 are eligible to vote. Those who cast their votes remotely cannot vote again during the meeting.

Dividend record date

The company fixed September 1, 2026 as the record date for determining shareholders eligible for dividends for FY26, pursuant to Section 91 of the Companies Act, 2013.

Document access and contact

Electronic copies of the notice and annual report were dispatched on August 24, 2026. Physical copies may be requested by contacting the company secretary at secretarial@jindaldrilling.in with folio or DP details. The intimation to stock exchanges was filed on August 25, 2026 by Company Secretary and Compliance Officer Binaya Kumar Dash.

Historical Stock Returns for Jindal Drilling & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+5.48%+2.19%+32.99%-0.38%+398.27%

What specific financial performance metrics and strategic initiatives are highlighted in the Jindal Drilling & Industries Annual Report 2025-26?

How might the proposed dividend payout for FY26 impact shareholder returns and market sentiment compared to previous years?

Are there any significant corporate governance changes or executive appointments expected to be discussed at the upcoming 42nd AGM?

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Jindal Drilling files FY26 sustainability report with safety and ESG metrics

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Key Highlights

Jindal Drilling & Industries filed its FY26 Business Responsibility and Sustainability Report. Permanent employee turnover dropped to 9.32% from 19.49% in FY23-24. Zero lost-time injuries reported for FY26, improving on one worker injury in FY25. Total energy consumption rose to 25,21,19,806 MJ amid expanded rig operations. Water withdrawal increased to 61,212 KL while total waste generated fell to 314.92 tonnes.

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Jindal Drilling & Industries submitted its Business Responsibility and Sustainability Report for FY26 to stock exchanges on August 24, 2026. The filing covers the period from April 1, 2025 to March 31, 2026.

The report discloses operational scale, workforce demographics, and environmental impact metrics. It highlights a zero lost-time injury frequency rate for the year.

Operational and Workforce Data

The company operates 22 plants and six offices nationally, alongside one international unit. Its customer base includes major oil and gas producers and public sector undertakings. Exports contributed nil percentage to total turnover.

As of March 31, 2026, the entity employed 624 permanent employees and 120 permanent workers. Female representation among permanent employees stood at 2.4%, with no female workers reported. Board-level female participation was 16.67% (one of six directors). Key Management Personnel included no women.

What the Numbers Show

The turnover rate for permanent employees declined significantly to 9.32% in FY26, down from 19.49% in FY23-24. This sharp reduction suggests improved retention stability compared to two years prior, although the rate remains higher than the 1.31% recorded for permanent workers.

Safety and Environmental Metrics

Safety performance remained strong with a Lost Time Injury Frequency Rate (LTIFR) of nil for both employees and workers in FY26. There were no fatalities or high-consequence injuries reported. In contrast, one recordable work-related injury occurred among workers in FY25.

Environmental disclosures reveal increased resource usage. Total energy consumption rose to 25,21,19,806 MJ in FY26, up from 23,72,49,896 MJ in FY25. This increase coincided with four rigs operating for the full year and one rig operating for seven months.

Water withdrawal surged to 61,212 KL in FY26, compared to 38,579.26 KL in FY25. Seawater and desalinated water accounted for the majority of this volume (55,728 KL). Total waste generated fell to 314.92 metric tonnes in FY26, down from 533.32 metric tonnes in FY25. Hazardous waste, specifically oil-mixed water, constituted 167.95 metric tonnes of the total.

Governance and Compliance

The company maintains ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. It does not have a dedicated Board-level sustainability committee; oversight rests with the CSR Committee and Risk Management Committee. No fines, penalties, or regulatory actions were reported for FY26. One shareholder complaint was filed and resolved during the year.

Historical Stock Returns for Jindal Drilling & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.00%+5.48%+2.19%+32.99%-0.38%+398.27%

How will the significant surge in water withdrawal and energy consumption impact Jindal Drilling's operational costs and carbon footprint targets in FY27?

Given the nil export contribution, what strategic initiatives is the company pursuing to diversify its revenue streams beyond domestic oil and gas producers?

Will the company establish a dedicated Board-level sustainability committee to align with global ESG governance standards, or will oversight remain with existing committees?

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