JSW Infrastructure Limited has successfully concluded its postal ballot process with all six special resolutions receiving overwhelming shareholder approval. The remote e-voting process concluded on 27th February, 2026 at 5:00 p.m. (IST), with the scrutinizer subsequently submitting the comprehensive voting results report.

Postal Ballot Overview

The postal ballot notice dated 16th January, 2026 was sent to shareholders seeking approval for six critical resolutions. The voting process was conducted entirely through remote e-voting, with 466,956 shareholders on the record date of 23rd January, 2026 eligible to participate.

Resolution Details and Voting Results

All six special resolutions were approved with requisite majority, covering essential corporate governance and strategic matters:

Financial and Borrowing Resolutions

The first two resolutions addressed the company's borrowing framework. Resolution 1, approving increased borrowing limits under Section 180(1)(c) of the Companies Act, 2013, received 99.9993% votes in favour with 1,943,493,822 votes supporting the proposal. Resolution 2, concerning creation of charges on movable and immovable properties for borrowings, achieved 99.9994% approval with 1,943,494,441 votes in favour.

Employee Stock Ownership Plan Restructuring

Resolutions 3 and 4 focused on restructuring existing employee stock ownership plans. Resolution 3, approving transfer of unutilized equity shares from the 2016 plan to the new 'Shri O.P. Jindal Employee Stock Ownership Plan (JSWIL) - 2026', secured 99.3226% approval with 1,930,322,401 votes in favour. Resolution 4, covering amendments to the 2021 plan and transfer of unallocated shares, received similar support with 99.3226% approval and 1,930,321,136 votes in favour.

New Employee Stock Ownership Framework

The final two resolutions established the new employee stock ownership framework. Resolution 5, approving the 'Shri O.P. Jindal Employee Stock Ownership Plan (JSWIL) – 2026', received 98.5751% approval with 1,915,796,279 votes in favour. Resolution 6, enabling grant of employee stock options to eligible employees of present and future unlisted subsidiary companies, achieved 98.5752% approval with 1,915,796,965 votes supporting the initiative.

Voting Participation Analysis

Scrutinizer's Confirmation

Sunil Agarwal of Sunil Agarwal & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that all resolutions were passed with requisite majority and that the electronic voting process was conducted in a fair and transparent manner. The voting results were unblocked on 27th February, 2026 at 5:02 p.m. in the presence of two independent witnesses.

Regulatory Compliance

The postal ballot process was conducted in full compliance with Regulation 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the voting results and scrutinizer's report to BSE Limited, National Stock Exchange of India Limited, and India International Exchange (IFSC) Limited, fulfilling all regulatory disclosure requirements.

JSW Infrastructure has achieved a significant operational milestone with its subsidiary JSW JNPT receiving the project completion certificate for liquid cargo berths at Jawaharlal Nehru Port Authority (JNPA). The company formally announced this development through a regulatory filing under Regulation 30 of SEBI Listing Regulations, marking the successful completion of critical port infrastructure that enhances cargo handling capabilities.

Official Project Completion and Regulatory Compliance

JSW JNPT Liquid Terminal Private Limited, a wholly owned subsidiary of JSW Infrastructure, received the Project Completion Certificate from RITES Limited, serving as the Independent Engineer for the project. The certificate was received via email at approximately 2:00 p.m., confirming formal approval for commercial operations at the expanded facility.

Capacity Enhancement and Operational Impact

With this development, JSW Infrastructure's total operational capacity has increased from 177 MTPA to 181.4 MTPA, representing a strategic expansion in liquid cargo handling capabilities. The project involves equipping, operation, maintenance and transfer of additional liquid cargo berths LB3 and LB4 at JNPA through the Public Private Partnership mode.

Strategic Infrastructure Development Timeline

The project completion represents the culmination of a structured development process that began with JSW JNPT receiving the Letter of Intent from JNPA and subsequently signing the Concession Agreement. The company had previously informed stakeholders about these developments through regulatory filings, demonstrating consistent progress in project execution.

Growth Project Execution

This milestone underscores JSW Infrastructure's continued focus on timely execution of growth projects and expansion commitments. The commissioning of liquid cargo berths at JNPA strengthens the company's presence in India's port infrastructure sector and positions it to capitalize on growing demand for specialized cargo handling services. The successful completion demonstrates the company's capability to deliver complex infrastructure projects within the Public Private Partnership framework.