Pursuant to Regulation 44(3) of SEBI LODR Regulations, please find attached e-voting results of the Postal Ballot and Scrutinizer''s Report for the same.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shriram Asset Management Company has submitted the voting results and Scrutinizer's Report for a Postal Ballot concluded on March 17, 2026. Two ordinary resolutions were put to shareholders: (1) approval of remuneration for Ms. Vinita Kapoor, Company Secretary and Compliance Officer, and (2) approval of remuneration for Mr. Hitesh Savanth, Principal Officer – PMS. Both were deemed to be material related party transactions under Regulation 23(2)(e) of SEBI LODR. E-voting ran from February 16 to March 17, 2026. The promoter group (holding 12,031,469 shares) was barred from voting under SEBI rules. Of the public non-institutional shares, only 17,277 votes were polled (0.10% of total outstanding), and both resolutions passed with 99.36% in favour (17,166 votes) versus 0.64% against (111 votes).
These are routine governance approvals for paying remuneration to the Company Secretary and a Senior Management Personnel. Both passed comfortably, so there is no negative impact on shareholders; the low public turnout is typical when promoters are restricted from voting on related-party items.