JSW Infrastructure Limited , a prominent player in the infrastructure sector, has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Rajive Kumar as a Non-executive, Independent Director. This move underscores the company's commitment to strengthening its board with experienced professionals.

Key Details of the Appointment

• Appointment Period: The Board has proposed a three-year term for Mr. Rajive Kumar, from July 22, 2025, to July 21, 2028.
• Voting Process: Shareholders can cast their votes through remote e-voting from July 26 to August 24, 2025.
• Resolution Type: The appointment requires approval by special resolution.

About Rajive Kumar

Mr. Rajive Kumar brings a wealth of experience to JSW Infrastructure:

• Age: 67 years
• Background: Former Indian Administrative Service (IAS) officer of the 1981 batch
• Previous Roles:
  • Retired as Chief Secretary of Uttar Pradesh in 2018
  • Served as Chairperson of Uttar Pradesh Real Estate Regulatory Authority from 2018 to 2023
  • Held key positions in the Government of India, including Shipping Secretary and Additional Secretary in the Ministry of Petroleum and Natural Gas

Professional Expertise

Mr. Kumar's areas of expertise include:

• Industrial Development and Financing
• Infrastructure Development and Regulation
• Human Resource Development

His extensive experience in government and regulatory roles is expected to bring valuable insights to JSW Infrastructure's board.

Current Engagements

Mr. Kumar currently serves as an Independent Director on the board of ICICI Lombard General Insurance Company Limited and is a member of its Audit Committee.

Voting Details

JSW Infrastructure has emphasized that Mr. Kumar meets the criteria for independence as per the Companies Act, 2013, and SEBI Listing Regulations. The company believes his appointment would be in its best interest, considering his skills, knowledge, and expertise.

Shareholders are encouraged to participate in the e-voting process to voice their decision on this significant board appointment. The outcome of this postal ballot will be crucial in shaping the future leadership of JSW Infrastructure Limited.

JSW Infrastructure Limited, India's second-largest private commercial port operator, has reported robust financial results for the first quarter, demonstrating significant growth across key metrics.

Financial Highlights

The company's revenue from operations surged by 21% year-on-year to ₹1,224.00 crore, up from ₹1,010.00 crore in the same period last year. This impressive growth was primarily driven by increased cargo volumes and strong performance in both port and logistics operations.

JSW Infrastructure's profitability also saw a substantial improvement:

• Operating EBITDA rose by 13% to ₹581.00 crore, compared to ₹515.00 crore in the previous year.
• Profit After Tax (PAT) jumped 31% to ₹390.00 crore, up from ₹297.00 crore in the corresponding quarter of the previous year.

Operational Performance

The company handled a total cargo volume of 29.4 million tonnes during the quarter, representing a 5% increase year-on-year. Notably, third-party cargo volumes grew by 8%, with their share in overall volumes rising to 52% from 50% a year ago.

Key factors contributing to this growth include:

1. Strong performance in coal handling operations at Ennore, PNP, and Paradip ports.
2. Robust performance at South West Port and Dharamtar Port.
3. Interim operations at the Tuticorin terminal and the JNPA Liquid Terminal.

Strategic Developments

JSW Infrastructure continues to make significant strides in expanding its operations and diversifying its portfolio:

1. The company secured a contract from Syama Prasad Mookerjee Port Authority to redevelop and mechanize container berths at Kolkata's Netaji Subhas Dock, which will boost its container handling capacity.

2. A binding Memorandum of Understanding was signed with Konkan Railway Corporation Limited for the development of the Bhoke Railway Siding in Ratnagiri district, enhancing connectivity to Jaigarh Port.

3. The company's resolution plan for NCR Rail Infrastructure Limited under the corporate insolvency resolution process has been approved by the Committee of Creditors.

Sustainability and Recognition

JSW Infrastructure's commitment to sustainability and operational excellence has been recognized:

• The company received a Leadership Grade (A-) in CDP's Supplier Engagement Assessment.
• Dharamtar Port won the "Global Environment & Sustainability Award" in the Port sector by the Greentech Foundation.

Future Outlook

With a strong balance sheet and cash reserves of ₹4,360.00 crore, JSW Infrastructure is well-positioned to pursue its ambitious growth plans. The company aims to increase its cargo handling capacity to 400 million tonnes per annum by FY2030, supported by a comprehensive capital expenditure plan of ₹30,000.00 crore.

Additionally, JSW Infrastructure has earmarked ₹9,000.00 crore for expanding its logistics segment, targeting a top line of ₹8,000.00 crore with a 25% EBITDA margin in this sector.

As JSW Infrastructure continues to leverage its strategic assets and pursue expansion opportunities, the company appears poised for sustained growth in the coming years, cementing its position as a key player in India's port and logistics infrastructure sector.