Jindal Steel to meet SBI MF in Gurgaon on June 25

0 min read Updated on 23 Jun 2026, 04:26 PM

Reviewed by

Jubin VScanX News Team

AI Summary

Jindal Steel Limited is scheduled to hold a one-on-one meeting with SBI Mutual Fund on June 25, 2026, in Gurgaon. The meeting, held under SEBI regulations, aims to update the institutional investor on the company's operations and performance.

*this image is generated using AI for illustrative purposes only.

Jindal Steel Limited will engage with SBI Mutual Fund in a one-on-one meeting scheduled for June 25, 2026, in Gurgaon. The interaction aims to provide updates to the institutional investor regarding the company's operations and performance.

The meeting is being conducted pursuant to Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has notified the exchanges that its representatives will attend the session to address queries from the fund house.

Day and Date	Name of the Analyst / Institutional Investor(s)	Mode / Venue	Type of Meeting
Thursday June 25, 2026	SBI MF	Gurgaon	One-on-One Meeting

The company noted that the schedule is subject to change due to exigencies on the part of the analysts, investors, or the company. Further information and updates will be available on the official website of Jindal Steel Limited.

Historical Stock Returns for Jindal Steel

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.66%	-4.40%	-9.93%	+7.61%	+19.66%	+182.89%

What key operational updates is Jindal Steel likely to present to SBI MF during the meeting?

How might this interaction influence SBI MF's investment stance on Jindal Steel?

Could this meeting signal upcoming strategic initiatives or partnerships for Jindal Steel?

Read Next Article

Jindal Steel approves director appointments via postal ballot

1 min read Updated on 20 Jun 2026, 12:41 AM

Reviewed by

Anirudha BScanX News Team

Add as a preferred
source on Google

AI Summary

Jindal Steel Limited secured shareholder approval for the appointment of Mr. Debojyoti Roy as Director and Wholetime Director, and the re-appointment of Mr. Damodar Mittal as Wholetime Director through a remote e-voting process. The resolutions passed with a strong majority, though Public-Institutions showed significant opposition to Mr. Mittal's re-appointment. The process complied with SEBI and Companies Act regulations.

*this image is generated using AI for illustrative purposes only.

Jindal Steel Limited shareholders have approved the appointment of Mr. Debojyoti Roy as Director and Wholetime Director, alongside the re-appointment of Mr. Damodar Mittal as Wholetime Director, via a remote e-voting process. The resolutions were passed with the requisite majority following the conclusion of the postal ballot on June 18, 2026.

The postal ballot was conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 and 110 of the Companies Act, 2013. The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL), with the scrutinizer, CS Navneet Arora, submitting the report on June 19, 2026.

Voting Results Summary

The scrutinizer's report detailed the voting patterns for the three ordinary resolutions. A total of 2,82,242 shareholders were eligible to vote as on the record date of May 15, 2026.

Resolution	Votes For	Votes Against	% For	% Against
Appointment of Mr. Debojyoti Roy as Director	91,31,93,518	15,95,723	99.83%	0.17%
Appointment of Mr. Debojyoti Roy as Wholetime Director	91,40,34,077	7,52,114	99.92%	0.08%
Re-appointment of Mr. Damodar Mittal as Wholetime Director	84,78,37,157	6,69,52,059	92.68%	7.32%

Breakdown by Shareholder Category

The voting results revealed distinct patterns across different shareholder categories. For the re-appointment of Mr. Damodar Mittal, Public-Institutions cast 25.45% of their votes against the resolution, while Promoter and Promoter Group votes were entirely in favour.

Category	Votes For (Mr. Mittal)	Votes Against (Mr. Mittal)	% For (Category)	% Against (Category)
Promoter and Promoter Group	63,95,29,664	0	100.00%	0.00%
Public-Institutions	19,61,15,378	6,69,43,513	74.55%	25.45%
Public-Non Institutions	1,21,92,115	8,546	99.93%	0.07%

The notice for the postal ballot was dispatched to shareholders on May 19, 2026. The scrutinizer confirmed that all three ordinary resolutions were passed with the required majority and that the relevant records would be handed over to Mr. Rahul Arora, Company Secretary, for safekeeping.

Historical Stock Returns for Jindal Steel

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.66%	-4.40%	-9.93%	+7.61%	+19.66%	+182.89%

What strategic priorities will Mr. Debojyoti Roy likely focus on following his unanimous appointment as Wholetime Director?

How will the significant opposition from Public-Institutions regarding Mr. Damodar Mittal's re-appointment influence the company's future governance policies?

What impact will these leadership changes have on Jindal Steel's operational performance and expansion plans in the coming fiscal year?