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J. Kumar Infraprojects shareholders have approved a significant special resolution through a postal ballot. This allows the company to provide guarantees and/or security for loans taken by J. Kumar-NCC Private Limited, a related party. The total amount for this financial support will not exceed Rs. 3,000 crore, to be used for J. Kumar-NCC's principal business activities. The resolution passed with strong majority support from shareholders, enabling the company to proceed with this material related party transaction. This move supports its joint venture and business interests.