JSW Infrastructure Limited has reported damage to one of its storage tanks at the Fujairah Liquid Terminal following an incident involving debris from an intercepted drone. The company disclosed this information to stock exchanges on March 3rd, 2026, in compliance with regulatory requirements under SEBI listing obligations.

Incident Details and Immediate Response

The damage occurred when debris from an intercepted drone fell within the Fujairah Liquid Terminal facility, impacting one of the company's fifteen storage tanks at the location. Upon detecting the debris impact, JSW Infrastructure immediately activated all emergency response procedures in accordance with established safety protocols.

Safety Measures and Current Status

Local authorities and the company's onsite safety teams responded swiftly to the incident, ensuring the situation remained fully contained. The company has confirmed that no injuries occurred during the incident, and all personnel at the terminal remain safe. The remaining fourteen storage tanks at the facility have been secured as a precautionary measure.

Insurance Coverage and Assessment Process

JSW Infrastructure has confirmed that adequate insurance coverage for the facility is already in place, which should help mitigate the financial impact of the damage. The company has initiated a thorough technical assessment to evaluate the structural impact of the incident and determine the appropriate restoration plan for the affected storage tank.

Regulatory Compliance and Future Updates

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that any further developments related to this incident will be communicated to stakeholders in due course following prescribed regulatory procedures. The incident highlights the operational risks faced by infrastructure companies operating in geopolitically sensitive regions.

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.