Ashapura Minechem Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Ashapura Minechem Limited has announced the results of a postal ballot conducted to seek shareholder approval for the regularization of Shri Dipak Vora (DIN: 00317106) as a Non-Executive Independent Director. The voting was conducted via remote e-voting from 18th March to 16th April 2025, with the cut-off date set at 12th March 2025. Out of 95,526,098 total outstanding shares, 43,521,632 shares (45.56%) were polled, and the resolution was passed with 99.9967% votes in favor and just 0.0033% against. Promoter group voted entirely in favor (41,283,633 shares), public institutions were unanimous in support (975,471 shares), and only 1,422 shares from public non-institutions voted against the resolution.
This is a routine corporate governance compliance filing. The overwhelming shareholder support (over 99.99% in favor) confirms strong endorsement of the independent director's appointment, with no negative implications for shareholders or the stock price.