Jindal Stainless Shareholders Approve Re-appointment of Independent Director Dr. Rajeev Uberoi

Jindal Stainless Limited has successfully concluded its postal ballot process with shareholders approving the re-appointment of Dr. Rajeev Uberoi as an independent director for a second consecutive three-year term. The company declared the results on January 9, 2026, following the completion of the e-voting process that ran from December 10, 2025, to January 8, 2026.

Postal Ballot Results Overview

The special resolution for Dr. Rajeev Uberoi's re-appointment received strong shareholder support across all categories. The voting process was conducted entirely through electronic means, with no physical postal ballot forms received during the designated period.

Parameter:	Details
Total Shareholders on Record Date:	227,464
Cut-off Date:	November 28, 2025
E-voting Period:	December 10, 2025 (9:00 AM) to January 8, 2026 (5:00 PM)
Results Declaration Date:	January 9, 2026

Detailed Voting Results

The resolution garnered overwhelming support from shareholders, with 93.86% of valid votes cast in favour of Dr. Uberoi's re-appointment. A total of 890 shareholders participated in the electronic voting process.

Voting Category:	Votes in Favour	Votes Against	Total Valid Votes	Approval Rate
Promoter and Promoter Group:	50,47,44,045	0	50,47,44,045	100.00%
Public Institutions:	15,60,65,387	4,32,59,227	19,93,24,614	78.30%
Public Non-Institutions:	1,70,002	8,154	1,78,156	95.42%
Total:	66,09,79,434	4,32,67,381	70,42,46,815	93.86%

Shareholder Participation Analysis

The voting process demonstrated strong participation from the promoter group, which held 50,47,81,566 shares and achieved a 99.99% polling rate with unanimous support for the resolution. Public institutional investors showed significant engagement with an 84.53% polling rate, though with some dissenting votes primarily from this category.

Shareholder Category:	Shares Held	Votes Polled	Polling Rate
Promoter and Promoter Group:	50,47,81,566	50,47,44,045	99.99%
Public Institutions:	23,58,09,759	19,93,24,614	84.53%
Public Non-Institutions:	8,38,28,263	1,78,156	0.21%

Scrutinizer Report and Process

Advocate Sandeep Garg served as the appointed scrutinizer for the postal ballot process, overseeing the e-voting facility provided by MUFG Intime India Pvt. Ltd. The scrutinizer's report confirmed that 37,190 votes were classified as invalid or abstained, and no physical postal ballot forms were received during the voting period.

About the Resolution

The special resolution pertained to the re-appointment of Dr. Rajeev Uberoi (DIN: 01731829) as an independent director for a second term of three consecutive years. The appointment was conducted in accordance with Section 110 of the Companies Act, 2013, and the postal ballot notice was dispatched to shareholders on November 28, 2025.

The successful approval of this resolution ensures continuity in the company's board composition and reflects strong shareholder confidence in Dr. Uberoi's contribution to the company's governance structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.18%	-9.56%	+0.69%	+12.84%	+19.63%	+771.99%

Jindal Stainless Limited has received an updated ESG rating of 71 for Financial Year 2024-25, the company announced in a regulatory filing to stock exchanges on January 8, 2026. The latest rating was assigned by NSE Sustainability Ratings & Analytics, a registered ESG rating provider, replacing the earlier rating of 68.3 that was assigned by SES ESG Research Private Limited.

Updated ESG Rating Details

The revised ESG assessment was conducted by NSE Sustainability Ratings & Analytics, which operates as a registered ESG Rating Provider. This represents an improvement from the company's previous ESG rating of 68.3 that was disclosed in December 2025.

Parameter:	Current Rating	Previous Rating
ESG Rating:	71	68.3
Rating Period:	Financial Year 2024-25	Financial Year 2024-25
Current Rating Agency:	NSE Sustainability Ratings & Analytics	SES ESG Research Private Limited
Status:	Registered ESG Rating Provider	SEBI Category II ESG Rating Provider

Regulatory Compliance and Disclosure

The latest disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's announcement follows the SEBI circular bearing reference number SEBI/HO/CFD/CFD-PoD2/CIR/P/0155 dated November 11, 2024, which mandates such disclosures for listed companies.

Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer, signed the regulatory filing that was submitted to both BSE Limited and National Stock Exchange of India Limited. The communication was digitally signed on January 8, 2026, ensuring transparency and keeping stakeholders informed about the company's updated ESG performance metrics.

ESG Performance Enhancement

The updated rating of 71 represents an improvement in the company's ESG performance assessment for the same financial year. ESG ratings provide stakeholders with insights into environmental sustainability, social responsibility, and governance practices. The enhanced rating reflects the company's strengthened performance across these three critical dimensions during Financial Year 2024-25.

The formal intimation to stock exchanges demonstrates Jindal Stainless Limited's commitment to regulatory compliance and transparent disclosure practices. The company requested both exchanges to take the updated ESG rating information on record as part of their ongoing compliance obligations.