Ausom Enterprise Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
AUSOMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ausom Enterprise Limited concluded a postal ballot on 30th March 2026, with shareholders approving all four ordinary resolutions put to vote. All four resolutions pertained to material related party transactions (RPTs) with Zaveri and Company Private Limited, Ausil Corporation Private Limited, Swadeshi Distributors LLP, and IGR AUSOM LLP, in which the promoter and promoter group were classified as 'interested'. Promoter group votes (1,00,40,000 shares) were excluded from the approval percentage calculation as per SEBI norms. Public shareholders voted overwhelmingly in favor, with approval ranging from 97.99% to 99.99% across the four resolutions, with very few dissenting votes. Practicing Company Secretary Niraj Trivedi served as scrutinizer and certified the e-voting process as fair and transparent.
The approval removes regulatory hurdles for the company to proceed with these material related party transactions. While the high approval margins indicate shareholder comfort, investors should note that RPTs warrant closer scrutiny as they involve dealings with related entities, and the promoter group had a disclosed interest in all four items.