JSL proposes this restructuring to develop focused business verticals. The resolution seeks "Approval of the composite Scheme of Arrangement among Jindal Stainless Ltd. (Transferor Company) and Jindal Stainless (Hisar) Ltd. (Resulting Company/Transferee Company 1), and Jindal United Steel Ltd. (Transferee Company 2), and Jindal Coke Ltd (Transferee Company 3), and their respective shareholders and creditors," through a postal ballot. The ballot closes today.