Voting Result - Pursunat to regulation 44(3) of 31st AGM
ASTAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Asian Star Company Limited held its 31st AGM on September 29, 2025, via video conferencing, which concluded in just 16 minutes (2:00 PM to 2:16 PM). Out of 1,108 shareholders on record, only 20 attended through VC (5 from promoter group and 15 from public). All 8 resolutions were passed with overwhelming approval of 99.99%, with only 4 votes cast against each resolution. Key items approved include adoption of audited financial statements for FY25, declaration of a dividend of Rs. 1.50 per equity share for FY 2024-25, re-appointment of two retiring directors (Priyanshu A. Shah and Dharmesh D. Shah), appointment of Yogesh D. Dabholkar & Co. as Secretarial Auditors, and re-appointment of three promoter-family executive directors (Vipul P. Shah as CEO & MD for 5 years, and Arvind T. Shah and Rahil V. Shah as Whole-time Directors for the period January 1, 2026 to December 31, 2030). Total votes polled represented 90.99% of the 16,006,800 outstanding shares.
Shareholders can expect a dividend of Rs. 1.50 per share for FY 2024-25. The near-unanimous approval (99.99%) and continued management control by the Shah family signal strong promoter confidence and governance stability, with no shareholder dissent on any agenda item.