Postal Ballot Results: 4 Resolutions Passed Including RPTs & Director Remuneration
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vashishtha Luxury Fashion Ltd concluded a Postal Ballot (last date June 14, 2026) with all 4 ordinary resolutions passed. Resolutions 1 & 2 approved material related party transactions with Vashishtha Embroideries and Anas Embroideries — promoters abstained (interested party), and 1,53,600 public votes were cast 100% in favor. Resolutions 3 & 4 approved revised remuneration for MD Ravindra Dhareshivkar and Executive Director Mustak Odiya, with 17,11,106 votes polled (99.23% in favor, 13,200 against). 150 shareholders on record date; voting conducted via NSDL e-voting platform.
All 4 resolutions approved, enabling the RPTs and revised director pay. Minor public dissent (~8.6%) on remuneration but passed comfortably.