JITF Infralogistics Limited has announced an Extra-ordinary General Meeting (EGM) scheduled for May 6, 2026, to seek shareholder approval for material related party transactions worth up to ₹5000.00 crore with JWIL Infra Limited. The company communicated the meeting details to BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Meeting Details and Transaction Purpose

The Extra-ordinary General Meeting will be held on Wednesday, May 6, 2026, at 12:00 Noon at the company's facility in Mathura, Uttar Pradesh. The primary agenda involves approving material related party transactions between JITF Infralogistics Limited and its subsidiaries with JWIL Infra Limited, a step-down subsidiary and part of the promoter group.

Material Related Party Transaction Details

The proposed transactions include corporate guarantees and loans between the company's subsidiaries and JWIL Infra Limited. The Board of Directors and Audit Committee approved the proposal on April 6, 2026, following a previous unsuccessful attempt at shareholder approval during an EGM held on March 30, 2026.

Transaction Breakdown

Electronic Voting Facility

JITF Infralogistics Limited will provide electronic voting facility to shareholders holding shares in physical or demat form as on the cutoff date of April 29, 2026. The e-voting system will be managed by NSDL, with Mr. Awanish Kumar Dwivedi of M/s Awanish Dwivedi & Associates appointed as the Scrutinizer.

E-voting Schedule

Business Rationale and Financial Performance

JWIL Infra Limited operates in water management and provides solutions for drinking water, irrigation, and wastewater treatment projects. The company's financial performance shows a standalone turnover of ₹1838.38 crore and net profit of ₹149.87 crore for FY 24-25.

JWIL Financial Highlights

Regulatory Compliance and Approval Process

The proposed transactions comply with Regulation 23(4) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and applicable provisions of the Companies Act, 2013. The Audit Committee has confirmed that the transactions will be conducted at arm's length and in the ordinary course of business, serving the best interests of the company and its public shareholders.

The communication was signed by Alok Kumar, Company Secretary (ACS No. 19819), and submitted through BSE Listing Centre and NEAPS platforms. The company maintains its registered office at A-11 (7), Udya Society, Sector-3, Tatibandh, Dharsiva, Raipur- 492099, Chhattisgarh.

Source: Company/INE863T01013/5df384e2-1440-40b7-ab68-f994ffe05f99.pdf

JITF Infralogistics Limited successfully conducted an Extraordinary General Meeting on 30th March 2026 to address material related party transactions. The meeting was held at the company's facility in Mathura and concluded within 30 minutes, demonstrating efficient corporate governance practices.

Meeting Details and Venue

The Extraordinary General Meeting took place at A-1, UPSIDC Industrial Area, Nandgaon Road, Kosi Kalan, Mathura, 281403. The proceedings commenced at 12:00 Noon and concluded at 12:30 P.M., indicating a focused and streamlined agenda.

Agenda and Business Transacted

The sole agenda item for the meeting was the approval of material related party transactions between JITF Infralogistics Limited and its subsidiaries with JWIL Infra Limited. This transaction required shareholder approval as it falls under the category of material related party transactions as defined by regulatory guidelines.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about the EGM proceedings. The communication was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with mandatory disclosure requirements.

Leadership and Authorization

Amarendra Kumar Sinha, Whole Time Director & CEO, signed the disclosure document on behalf of JITF Infralogistics Limited. The digital signature was applied on 30th March 2026 at 12:58:57 +05'30', shortly after the meeting's conclusion.

Next Steps

The company has indicated that voting results for the business transacted during the EGM will be disclosed in due course of time, maintaining transparency with stakeholders and ensuring continued regulatory compliance.