ASHIMASYNNSEAshima Limited· Textile ProductsLowNeutral
Announced Sat, 21 Mar · 14:43 IST

Ashima Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

ASHIMASYN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-8.7%1-day move
₹14.40
prior close
₹13.52
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.6+0.9+1.1-8.7-12.1-11.9-19.4-9.1-6.3+2.1+12.6+9.2+8.7
Up moveDown movePending
AI summary

Ashima Limited has submitted the voting results and scrutinizer's report for a postal ballot conducted via remote e-voting between 18th February 2026 and 19th March 2026. The single ordinary resolution was related to approving a related party transaction between Saumya Construction Private Limited and Ashima Capital Management Limited, a wholly owned subsidiary of the company. Since promoters and promoter group were interested in the transaction, their 14.08 crore shares were excluded from voting. Out of 5,21,964 valid votes polled (just 0.27% of outstanding shares), 99.72% voted in favour and only 0.28% voted against. The resolution was passed with the required majority. Scrutinizer Tapan Shah (Membership No. F4476) certified the results.

Likely market impact

The related party transaction has been cleared by public shareholders with overwhelming support (99.72% in favour), which is procedurally necessary since promoters were barred from voting. This is a routine compliance filing with no material surprise, though the very low voting turnout (0.27%) is worth noting. Short-term stock impact is likely neutral.