ASKAUTOLTDNSEASK Automotive LimitedLowNeutral
Announced Fri, 1 Aug · 19:35 IST

Please find attached Voting Results and Srutinizer report of 37th Annual General Meeting held on August 01, 2025.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ASK Automotive Limited held its 37th AGM on August 1, 2025 via video conferencing, where all 11 resolutions were passed with the requisite majority. Key items approved include adoption of audited standalone and consolidated financial statements for FY25, declaration of a final dividend of Rs. 1.50 per equity share (on face value of Rs. 2) for FY ended March 31, 2025, and ratification of Cost Auditors' remuneration for FY26. Shareholders also approved the appointment of Secretarial Auditors for FY26-FY30, payment of commission to Non-Executive Directors, and the appointment of Mr. Rajan Wadhera as Independent Director (special resolution). Additionally, Mr. Prashant Rathee and Mr. Aman Rathee were re-designated as Joint Managing Directors (Whole-time), and both were also re-appointed as directors retiring by rotation. Most resolutions received over 97% support, with the highest dissent on the director re-appointments (around 6-6.3% against).

Likely market impact

All 11 resolutions passed comfortably, signalling strong shareholder confidence. The Rs. 1.50 final dividend is a key positive for retail investors, and the promoter-led management re-designations suggest continuity at the top. No major governance red flags given the broad approval margins.