Disclosure of Voting result and scrutinizer report on the postal ballot
ASTAR · price
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Asian Star Company Limited announced the results of a postal ballot conducted via remote e-voting from May 7 to June 5, 2025. Shareholders approved a special resolution to appoint Mrs. Trapti Jinesh Mehta (DIN: 06441209) as Non-Executive Independent Director. Out of 16,006,800 total shares, 14,563,930 shares (about 91% of outstanding shares) were voted, and all votes were cast in favour with zero dissent. Promoters (11,950,000 shares) voted 100% in favour, while public shareholders turned out 77.4% of their holdings, also fully in support. The scrutinizer confirmed the resolution passed with the requisite majority on June 6, 2025.
This is a routine corporate governance update with unanimous shareholder support. The appointment strengthens the board's independent oversight and is unlikely to materially affect the stock price, as no business or financial decisions are involved.