Jindal Worldwide Limited — Others, 02-08-2025: Shareholders meeting

Shareholders of Jindal Worldwide Limited have approved the sale of 51% of the equity share capital in its wholly-owned material subsidiary, Goodcore Spintex Private Limited. The resolution was passed via postal ballot with an overwhelming majority. Votes cast in favour totaled 30,95,25,767, representing 99.64% of valid votes, while votes against were 11,11,181, or 0.36%. This shareholder approval allows the company to proceed with a significant strategic divestment, potentially impacting its operational focus and financial structure.