ASHIMASYNNSEAshima Limited· Textile ProductsLowNeutral
Announced Mon, 29 Jun · 13:37 IST

Ashima Limited Postal Ballot Results: Two Resolutions Passed

Board & Shareholder Meetings View source PDF

ASHIMASYN · price

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▲ 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
-2.4%1-day move
₹15.11
prior close
₹14.81
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-2.4-1.5-1.6-4.3-5.0-0.6+14.0
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AI summary

Ashima Limited held a Postal Ballot via remote e-voting from May 29 to June 27, 2026. Two resolutions passed: (1) Special resolution to appoint Mr. Malay Jayendra Dalal as Independent Director passed with 99.94 percent votes in favour (about 14.17 crore votes) versus 0.06 percent against. (2) Ordinary resolution for related party transaction between Saumya Construction and Ashima Capital Management (wholly owned subsidiary) passed with 99.31 percent in favour. Promoter and promoter group votes were excluded from resolution 2 as related parties.

Likely market impact

Strong shareholder backing for new Independent Director and subsidiary related party transaction. Near unanimous support signals confidence in board decisions.