Please find enclosed Scrutiniser's Report and the Voting Result of the Postal Ballot
ASKAUTOLTD · price
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Awaiting price reaction for this filing.
ASK Automotive conducted a postal ballot (e-voting from Feb 4 to Mar 5, 2026) to seek shareholder approval for re-appointing four Non-Executive Independent Directors for a second consecutive 3-year term: Deepti Sehgal, Kumaresh Chandra Misra, Vinay Kumar Piparsania, and Yogesh Kapur. Total votes polled were about 179.07 million shares, representing 90.83% of the total 197.14 million outstanding shares, on a record date of Jan 30, 2026 with 84,242 shareholders eligible to vote. All four special resolutions were passed, with the first three directors getting near-unanimous support of over 99.98% in favour. However, the re-appointment of Yogesh Kapur drew noticeably more dissent at 5.99% against (94.01% in favour), driven mainly by public institutional investors, 34.28% of whom voted against him.
The re-appointments maintain board continuity but the visible institutional dissent against Yogesh Kapur's re-appointment (34% of institutional votes against, versus near-zero dissent for the other three) may be a minor governance flag for investors to monitor. Overall stock-price impact is likely limited since all resolutions passed comfortably.