Ashoka Metcast Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
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Ashoka Metcast Limited has announced the results of its postal ballot concluded on 4th March 2026 via remote e-voting. Two special resolutions were passed: (1) Regularization of appointment of Mr. Kunjan Nathabhai Rathod (DIN: 10964701) as a Non-Executive Independent Director, approved with 99.32% votes in favor (1.35 crore shares); and (2) Addition to the Object Clause of the Memorandum of Association, approved with virtually 100% votes in favor (1.35 crore shares). Promoters (holding 1.34 crore shares) voted 100% in favor of both resolutions. The scrutinizer was Mr. Chintan K. Patel, Practicing Company Secretary. Total shareholders on record date were 17,936.
A new independent director joins the board, strengthening governance oversight, while the MOA object clause change signals an expansion of permitted business activities. Promoters were unanimous in support, but about 66% of public non-institutional votes were against the director's appointment, suggesting some retail shareholder dissent worth monitoring.