Jindal Steel & Power shareholders have approved five proposed resolutions in a recent postal ballot.

This includes key related party transactions with entities like Nalwa Steel & Power, Jindal Saw, and Jindal Global Trading DMCC, ensuring continued business dealings.

Importantly, shareholders also gave their approval for the change of the company's name and subsequent alterations to its foundational documents.

However, a separate proposal concerning amendments to the Jindal Steel & Power Employee Benefit Scheme did not secure the necessary votes from shareholders and was therefore not approved.