Shree Cement Limited shareholders have unanimously approved the appointment of Mr. Chandra Kumar Dhanuka as Non-Executive Independent Director through a postal ballot voting process that concluded on December 12, 2025. The company officially declared the results on December 15, 2025, pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Results Overview

The special resolution for Mr. Dhanuka's appointment received overwhelming shareholder support, demonstrating strong confidence in the proposed leadership addition. The voting process was conducted entirely through electronic means, reflecting modern corporate governance practices.

Director Appointment Details

Mr. Chandra Kumar Dhanuka (DIN: 00005684) has been appointed as Non-Executive Independent Director for a term of five consecutive years, commencing from October 28, 2025. The appointment follows regulatory requirements and strengthens the company's board composition with independent oversight.

Comprehensive Voting Results

The postal ballot demonstrated exceptional shareholder consensus with 98.80% of valid votes cast in favor of the resolution. The promoter and promoter group showed complete support, while public shareholders also voted overwhelmingly in favor.

Remote E-Voting Process

The company utilized MUFG Intime India Private Limited's services for the remote e-voting facility. The process was overseen by Mr. Akshit Kumar Jangid, Practicing Company Secretary (FCS 11285), who served as the scrutinizer to ensure fair and transparent voting. The scrutinizer report was completed on December 13, 2025.

The resolution is deemed to have been passed on December 12, 2025, the last date of remote e-voting, as per regulatory requirements. The company secretary S.S. Khandelwal formally communicated the results to stock exchanges, confirming the successful completion of the postal ballot process.

Shree Cement Limited has received an ESG (Environmental, Social, and Governance) score of 66 from NSE Sustainability Ratings Analytics Limited for FY2025. The company communicated this development to stock exchanges on December 11, 2025, in compliance with regulatory disclosure requirements.

ESG Rating Details

The ESG evaluation has placed Shree Cement in the 'Aspiring ESG rating' category based on the score of 66. This rating assessment was conducted by NSE Sustainability Ratings Analytics Limited as part of their sustainability evaluation framework.

Independent Assessment Process

The company has clarified that it did not engage NSE Sustainability Ratings Analytics Limited for the evaluation or issuance of this ESG rating. The assessment was conducted independently by the rating agency, utilizing data available in the public domain. This approach ensures an objective evaluation of the company's ESG performance without any direct involvement from Shree Cement.

Regulatory Compliance

Shree Cement informed both the National Stock Exchange of India Limited and BSE Limited about the ESG rating assignment pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency and keeps stakeholders informed about material developments affecting the company.

The ESG rating reflects the company's performance across environmental, social, and governance parameters, providing investors and stakeholders with insights into the company's sustainability practices and corporate responsibility initiatives.