Jindal stainless Limited has announced the results of its postal ballot conducted through electronic voting, with all three proposed resolutions for independent director re-appointments receiving overwhelming shareholder approval. The results were declared on March 27, 2026, following the voting period that concluded on March 25, 2026.

Postal Ballot Overview

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized electronic voting facilities provided by MUFG Intime India Pvt. Ltd for the voting process.

Resolution Results

All three agenda items involved the re-appointment of independent directors for second terms of three consecutive years each. The resolutions were classified as special resolutions requiring higher approval thresholds.

Resolution 1: Ms. Shruti Shrivastava Re-appointment

Ms. Shruti Shrivastava (DIN: 08697973) secured re-appointment as an independent director with 97.75% votes in favor out of 712,351,720 total votes polled, representing 86.41% of outstanding shares.

Resolution 2: Dr. Aarti Gupta Re-appointment

Dr. Aarti Gupta (DIN: 01668171) received the highest approval rate at 99.10% for her re-appointment as an independent director for a second term.

Resolution 3: Mr. Ajay Mankotia Re-appointment

Mr. Ajay Mankotia (DIN: 03123827) secured 99.34% approval for his re-appointment as an independent director, receiving strong support across all shareholder categories.

Voting Process Details

The electronic voting process was conducted exclusively through MUFG Intime India Pvt. Ltd's platform, with no physical postal ballot forms received during the voting period. A total of 882 shareholders participated in the electronic voting process across all three resolutions. The scrutinizer's report confirmed that 32,847 votes were classified as invalid or abstained across all resolutions.

Regulatory Compliance

The postal ballot results have been submitted to BSE Limited and National Stock Exchange of India Ltd in compliance with regulatory requirements. The company's Head-Legal, Company Secretary & Compliance Officer, Navneet Raghuvanshi, signed the official communication to the stock exchanges confirming the successful completion of the postal ballot process.

Jindal Stainless , India's leading stainless steel manufacturer, has announced its strategic partnership with Sunrisers Hyderabad (SRH) as the team's Official Stainless Partner. This collaboration marks the company's debut association with the Indian Premier League, reflecting its strategic focus on expanding brand visibility and connecting with youth audiences through one of India's most influential cricket platforms.

Partnership Details and Branding Rights

The association provides Jindal Stainless with exclusive branding rights across key product segments, creating comprehensive market visibility for the company's diverse portfolio.

Leadership Perspectives on the Collaboration

Managing Director Abhyuday Jindal emphasized the strategic importance of the partnership, stating that Sunrisers Hyderabad consistently enthralls audiences with high-octane performance. He highlighted cricket as one of the most powerful cultural forces to drive brand connection forward, noting that the collaboration will help showcase the versatility and effectiveness of stainless steel in everyday applications to a wider audience as the company expands its presence across multiple regions.

Sunrisers Hyderabad CEO K Shanmugam expressed enthusiasm about the partnership, describing it as bringing together two brands driven by performance, resilience, and commitment to excellence. He expressed confidence that the association will help build strong connections across diverse audiences while creating long-lasting value for both brands.

Strategic Marketing and Engagement Initiatives

Director of Corporate Affairs Vijay Sharma outlined the partnership's comprehensive approach, emphasizing that the association is designed to go beyond visibility and create meaningful engagement across the ecosystem. The collaboration with the high-energy franchise aims to create stronger brand recall through a sharper and more relatable brand narrative.

The partnership encompasses multiple engagement channels and marketing opportunities:

• Premium content opportunities featuring leading SRH sportsmen
• Full team imagery and integrations across platforms
• In-stadium visibility through kiosks and activations on matchdays
• Co-created content initiatives with Sunrisers Hyderabad's official digital channels
• Strategic partner leverage of approved co-branded assets
• Amplified outreach across retail, trade, and local market initiatives

Company Background and Market Position

Jindal Stainless maintains its position as India's leading stainless steel manufacturer with significant operational scale and global presence.

Founded in 1970, the company operates an integrated business model to enhance cost competitiveness and operational efficiency. Its product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. The company demonstrates environmental responsibility by manufacturing stainless steel using scrap in electric arc furnaces, which involves lower greenhouse gas emissions and enables recyclability with no reduction in quality.