Voting Results of the 41st Annual General Meeting of the company along with the Scrutinizer''s Report.
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Asia Capital Ltd held its 41st Annual General Meeting on August 25, 2025, at its registered office in Vile Parle, Mumbai. All 9 resolutions put to vote were passed with 100% approval, with 25,28,990 votes (81.79% of the 30,92,000 outstanding shares) cast in favour and zero votes against. Promoters holding 23,18,990 shares voted entirely in favour, while public non-institutional shareholders polled 27.17% of their holdings (2,10,000 votes), all in favour. Key business resolutions included approval to borrow up to INR 100 crore, re-appointment of M/s Shankarlal Jain & Associates LLP as statutory auditor, and appointment of M/s Saloni Goyal & Associates as secretarial auditor for 5 years. Mr. Santosh Suresh Choudhary was re-appointed as Managing Director for another 5 years effective November 29, 2025, and Mrs. Dipti Singh was re-appointed as Independent Director for a second term ending October 8, 2030.
All resolutions passing unanimously reflects strong promoter control and no shareholder dissent on key matters including a INR 100 crore borrowing limit and senior management continuity. The near-unanimous approval removes governance uncertainty but the low public shareholder participation (only 27.17% polled) means limited minority engagement on these decisions.