J&K Bank Submits Postal Ballot Results: Three Special Resolutions Approved
Jammu & Kashmir Bank Limited has successfully concluded its postal ballot process and submitted results to stock exchanges under Regulation 44. The bank conducted the postal ballot with record date February 13, 2026, involving 242,452 shareholders. All three special resolutions were passed with overwhelming support - re-appointment of Ms. Shahla Ayoub as Independent Director (97.07% approval), appointment of Mr. Prafulla Premsukh Chhajed as Independent Director (99.88% approval), and Tier I Capital raising up to Rs. 750 crores (97.12% approval). The process was overseen by scrutinizer Mr. Arshad Hussain Mir and conducted through NSDL's e-voting platform.
