JSW Cement Limited has announced the resignation of Mr. Sudhir Maheshwari from his position as Non-Executive Non-Independent Director, effective from the close of business hours on April 14, 2026. The company informed stock exchanges about this development in compliance with regulatory requirements under SEBI Listing Regulations.

Director Resignation Details

Mr. Sudhir Maheshwari, holding Director Identification Number (DIN) 02376365, tendered his resignation from the Board of Directors citing personal reasons. The resignation will result in his cessation from all Board Committee memberships within the company as well.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was sent to both BSE Limited and National Stock Exchange of India Limited, where JSW Cement shares are listed under scrip code 544480 and symbol JSWCEMENT respectively.

Company Secretary and Compliance Officer Sneha Bindra signed the regulatory filing on behalf of JSW Cement Limited. The disclosure includes all required details as per SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Formal Resignation Process

In his resignation letter addressed to the Board of Directors, Maheshwari expressed appreciation for the cooperation and support extended by Board members during his tenure. He requested the Board to complete all necessary compliances with statutory and regulatory authorities, including filing requisite e-forms with the Registrar of Companies and making appropriate disclosures to stock exchanges.

The resignation follows proper corporate governance procedures, with the company ensuring timely disclosure to maintain transparency with stakeholders and regulatory compliance.

JSW Cement Limited has announced the successful completion of its postal ballot voting process, with shareholders approving the re-appointment of two key directors through special resolutions. The remote e-voting concluded on March 29, 2026, at 5:00 p.m. (IST), marking a significant milestone in the company's corporate governance process.

Approved Resolutions

Shareholders voted on two critical special resolutions through the postal ballot process:

Voting Process Details

The postal ballot process was conducted entirely through electronic means, with the remote e-voting period spanning from February 28, 2026, at 9:00 a.m. (IST) to March 29, 2026, at 5:00 p.m. (IST). The company engaged National Securities Depository Limited (NSDL) to facilitate the e-voting process, ensuring transparency and accessibility for all eligible shareholders.

Voting Results for Managing Director Re-appointment

The resolution for Mr. Parth Jindal's re-appointment as Managing Director received overwhelming support across all shareholder categories:

Voting Results for Independent Director Re-appointment

The resolution for Mr. Pankaj Kulkarni's re-appointment as Independent Director also secured the requisite majority:

Scrutinizer's Report and Compliance

Ms. Meghana Mhatre of Meghana Mhatre & Associates Company Secretaries served as the appointed Scrutinizer for the postal ballot process. The scrutinizer's report, dated March 30, 2026, confirmed that both resolutions were passed with the requisite majority under the provisions of the Companies Act, 2013.

The voting process was conducted in compliance with:

• Sections 108 and 110 of the Companies Act, 2013
• Companies (Management and Administration) Rules, 2014
• Regulation 44 of SEBI Listing Regulations
• Secretarial Standard on General Meetings (SS-2)

Corporate Governance and Transparency

The company ensured transparency by making the postal ballot notice available on multiple platforms, including the company website at www.jswcement.in , NSDL's e-voting portal, and stock exchange websites. Additionally, the company published advertisements in Financial Express (English) and Navshakti (Marathi) on February 27, 2026, to inform shareholders about the voting process.

The successful completion of this postal ballot process demonstrates JSW Cement's commitment to robust corporate governance practices and effective shareholder engagement in critical leadership decisions.