ASIANTILESBSEAsian Granito India LtdMediumNeutral
Announced Fri, 22 May · 18:55 IST

Please find Scrutiniser Report for Postal Ballot.

Management Changes View source PDF

ASIANTILES · 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
-0.1%1-day move
₹62.39
prior close
₹62.33
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.2+1.9+1.9-0.1-0.7-0.9-2.2-1.4-3.5-4.0-13.0-14.9
Up moveDown movePending
AI summary

Asian Granito India Ltd conducted a postal ballot (April-May 2026) to seek shareholder approval for the re-appointment of two independent directors: Mr. Maganlal Prajapati and Mr. Kandarp Gajendra Trivedi. Both resolutions were passed as Special Resolutions with overwhelming shareholder approval — over 99.9% votes in favour across all categories (promoter, institutional, and non-institutional shareholders). The voting participation was approximately 39.8% of total outstanding shares. Mr. Rajesh Parekh of M/s. Rajesh Parekh & Co. served as the Scrutinizer, and the results were declared by Chairman Mr. Kamleshkumar Patel on 22 May 2026.

Likely market impact

Both independent directors have been reappointed, indicating continuity in board composition and no governance concerns from this filing. The near-unanimous approval signals shareholder confidence in the current board.