Ashima Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
ASHIMASYN · price
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Ashima Limited completed a Postal Ballot via remote e-voting from February 18 to March 19, 2026, to seek shareholder approval on a single ordinary resolution. The resolution was for a related party transaction between Saumya Construction Private Limited and Ashima Capital Management Limited, a wholly owned subsidiary of Ashima Limited. The resolution was passed with overwhelming support, receiving 99.72% of valid votes in favor (5,20,485 votes) and just 0.28% against (1,479 votes). Promoter and promoter group shares (14,08,42,835) were treated as invalid votes because they qualify as related parties to the transaction. The Scrutinizer, Tapan Shah (Company Secretary, Membership No. F4476), issued the report on March 19, 2026, confirming the resolution's passage with the requisite majority.
This is a routine compliance filing confirming shareholder approval for a related party transaction, with no material impact expected on the stock price. The strong 'in favor' vote signals that minority shareholders did not raise concerns about the related party deal.