Jindal Steel to host investor meet at Anand Rathi summit

Jindal Steel Limited will participate in the Anand Rathi G-200 Summit on September 22, 2026. The steel major will engage with analysts and institutional investors through one-on-one and group meetings in Mumbai.

The intimation was issued pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed the schedule on September 15, 2026.

Meeting Details

The engagement is scheduled for Tuesday, September 22, 2026. It will be conducted in person at the Anand Rathi G-200 Summit 2026 venue in Mumbai.

Date	Event	Mode	Location	Type
September 22, 2026	Anand Rathi G-200 Summit 2026	In-person	Mumbai	One-on-One and group meetings

The schedule remains subject to change due to exigencies on the part of the analysts, investors, or the company. This information is also available on the company website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.84%	-0.96%	-4.17%	-0.12%	+8.30%	+195.42%

Jindal Steel shareholders passed all nine resolutions at its 47th annual general meeting held on August 28, 2026. The meeting, conducted via video conference, saw strong support for key governance and leadership appointments.

The company reported a total of 282,484 shareholders on the record date of August 21, 2026. Voting participation was significant, with 922,846,204 votes polled out of 1,020,088,097 shares held, representing a 90.47% turnout.

Key Resolutions Passed

The board proposed several ordinary and special resolutions covering financial statements, auditor appointments, and directorships. All proposals received the requisite majority.

Resolution Type	Description	Votes In Favour (%)
Ordinary	Adoption of FY26 financial statements	99.98%
Ordinary	Declaration of final dividend for FY26	100.00%
Ordinary	Reappointment of Naveen Jindal as Director	98.85%
Ordinary	Appointment of S S Kothari Mehta & Co. as Statutory Auditors	100.00%
Ordinary	Ratification of cost auditor remuneration	99.90%
Ordinary	Appointment of V.R. Sharma as Director	99.87%
Ordinary	Appointment of V.R. Sharma as Managing Director	99.67%
Special	Appointment of Aabha Bakaya as Independent Director	99.85%
Special	Appointment of Vikas Sehgal as Independent Director	99.94%

Leadership Changes

A primary focus of the meeting was the appointment of Mr. Vidya Rattan Sharma as both Director and Managing Director. The resolution to appoint him as Managing Director received 99.67% affirmative votes. The promoter group voted unanimously in favour, while public institutional investors showed slight dissent with 1.14% voting against.

Mr. Naveen Jindal was reappointed as a Director by rotation. This resolution secured 98.85% support. Notably, public institutional investors cast 3.92% of their votes against this proposal, although the promoter group supported it fully.

Auditor Appointments

Shareholders approved the appointment of M/s S S Kothari Mehta & Co. LLP as Statutory Auditors. They will hold office from the conclusion of the 47th AGM until the conclusion of the 52nd AGM. The remuneration for Cost Auditors M/s Shome & Banerjee for the financial year ending March 31, 2027, was also ratified with 99.90% support.

What the Numbers Show

The voting data reveals a distinct divergence between promoter and institutional shareholder preferences regarding leadership continuity. While the promoter group voted unanimously (100%) in favour of every resolution, including the reappointment of Naveen Jindal and the appointment of V.R. Sharma, public institutional investors registered measurable dissent. Specifically, institutions voted against Naveen Jindal’s reappointment at a rate of 3.92% and against V.R. Sharma’s MD appointment at 1.14%. This suggests that while the promoter block remains unified, a segment of the institutional base is exercising caution or opposition regarding specific boardroom transitions, even though the overall outcome remained firmly in favour of management proposals.