Jindal Saw Ltd has scheduled meetings with investors on Friday, June 19, 2026. The company's officials will engage with investors on a one-to-one basis to discuss business matters. These interactions are intended to provide insights based on publicly available information, with no unpublished price sensitive information (UPSI) slated for discussion.

The meetings will be conducted in both physical and virtual modes. The schedule includes two specific sessions with different investor groups.

The company noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Jindal Saw declared a dividend of ₹2 per equity share for the financial year ended March 31, 2026, during its 41st Annual General Meeting held on May 29, 2026. The company faced significant operational disruptions during the year due to geopolitical tensions in the Middle East and a liquidity crisis affecting public infrastructure projects under the Jal Jeevan Mission. Despite these headwinds, the company maintained its credit rating in the AA category for long-term indebtedness.

Shareholders approved the audited standalone and consolidated financial statements for FY26. The meeting also saw the re-appointment of Ms. Shraddha Prithvi RJ and Shri Neeraj Kumar as Directors liable to retire by rotation. Additionally, Dr. Ashutosh Karnatak was appointed as an Independent Director for a five-year term effective from April 27, 2026.

Key Approvals and Transactions

The AGM granted approval for material related party transactions to be entered during FY 2027-28. The aggregate value of these transactions with three related parties totals ₹14,000 crore.

Shareholders ratified the remuneration for M/s R. J. Goel & Co., Cost Auditors, for the financial year 2026-27, subject to a ceiling of ₹15,00,000 per annum plus out-of-pocket expenses. The company also secured approval to raise funds by issuing secured or unsecured, redeemable, non-convertible debentures aggregating up to ₹1,000 crores on a private placement basis.

Voting Results

All resolutions put to vote were passed. The declaration of dividend and the adoption of financial statements received over 99.99% approval. The resolution for the re-appointment of Ms. Shraddha Prithvi RJ received 87.50% votes in favour, while the continuation of directorship for Shri Prithavi Raj Jindal upon attaining the age of 75 years was approved with 89.10% votes in favour.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE324A01032/2145c4e377f44510.pdf