Ashiana Housing 40th AGM All Resolutions Passed

Meeting Details

Date: 29th September 2026
Time: Commenced at 11:30 AM and concluded at 12:10 PM
Type: 40th Annual General Meeting
Location: Conducted through Video Conference (not physical presence) pursuant to MCA circulars

Proposed Resolutions and Implications

The AGM considered and approved 11 resolutions:

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements as at 31st March 2026, and Report of Board of Directors and Auditors

2. Declaration of final dividend of INR 1.50 per equity share (i.e. @75%)

3. Confirmation of payment of interim dividend of INR 1 per equity share (i.e. @50%)

4. Re-appointment of Mr. Ankur Gupta (DIN: 00059884) as director retiring by rotation

10. Appointment of Secretarial Auditors

11. Ratification of remuneration of Cost Auditors

Special Business:

5. Increase in remuneration of Mr. Vishal Gupta (DIN: 00097939), Managing Director

6. Increase in remuneration of Mr. Ankur Gupta (DIN: 00059884), Joint Managing Director

7. Increase in remuneration of Mr. Varun Gupta (DIN: 01666653), Whole Time Director

8. Re-appointment of Mr. Krishna Suraj Moraje (DIN: 08594844) as Independent Director and approval of remuneration

9. Provision of security against loan including issue of secured non-convertible debentures/bonds on private placement basis

Voting Process and Methods

Remote e-voting: Conducted through National Depository Services Limited (NSDL)
Remote e-voting period: 25th September 2026 at 09:00 AM to 28th September 2026 at 05:00 PM
E-voting at AGM: Provided for members present who hadn't voted remotely, open until 30 minutes after AGM conclusion
Total shareholders on cut-off date (22nd September 2026): 23,672
Shareholders who voted: 145 (5 Promoters/Promoter Group, 140 Public)

Key Voting Outcomes

Overall Participation:

Total shares outstanding: 100,524,857
Total votes cast: 70,443,511 shares (70.0757% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

Total votes in favor: 70,443,196 shares (99.9996%)
Votes against: 315 shares (0.0004%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,016,410 shares (99.9965% in favor), 315 shares against (0.0035%)

Resolution 2 (Final Dividend ₹1.50 per share):

Total votes in favor: 70,443,196 shares (99.9996%)
Votes against: 315 shares (0.0004%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,016,410 shares (99.9965% in favor), 315 shares against (0.0035%)

Resolution 3 (Interim Dividend Confirmation):

Total votes in favor: 70,443,196 shares (99.9996%)
Votes against: 315 shares (0.0004%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,016,410 shares (99.9965% in favor), 315 shares against (0.0035%)

Resolution 4 (Re-appointment of Ankur Gupta):

Total votes in favor: 69,967,071 shares (99.3237%)
Votes against: 476,440 shares (0.6763%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 8,540,285 shares (94.7160% in favor), 476,440 shares against (5.2840%)

Resolution 5 (Vishal Gupta Remuneration Increase):

Total votes in favor: 69,967,071 shares (99.3237%)
Votes against: 476,440 shares (0.6763%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 8,540,285 shares (94.7160% in favor), 476,440 shares against (5.2840%)

Resolution 6 (Ankur Gupta Remuneration Increase):

Total votes in favor: 69,967,071 shares (99.3237%)
Votes against: 476,440 shares (0.6763%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 8,540,285 shares (94.7160% in favor), 476,440 shares against (5.2840%)

Resolution 7 (Varun Gupta Remuneration Increase):

Total votes in favor: 69,967,071 shares (99.3237%)
Votes against: 476,440 shares (0.6763%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 8,540,285 shares (94.7160% in favor), 476,440 shares against (5.2840%)

Resolution 8 (Krishna Suraj Moraje Re-appointment):

Total votes in favor: 70,441,096 shares (99.9966%)
Votes against: 2,415 shares (0.0034%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,014,310 shares (99.9732% in favor), 2,415 shares against (0.0268%)

Resolution 9 (Security Against Loan):

Total votes in favor: 70,441,096 shares (99.9966%)
Votes against: 2,415 shares (0.0034%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,014,310 shares (99.9732% in favor), 2,415 shares against (0.0268%)

Resolution 10 (Appointment of Secretarial Auditors):

Total votes in favor: 70,443,610 shares (99.9994%)
Votes against: 365 shares (0.0006%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,016,360 shares (99.9960% in favor), 365 shares against (0.0040%)

Resolution 11 (Ratification of Cost Auditors Remuneration):

Total votes in favor: 70,440,996 shares (99.9964%)
Votes against: 2,515 shares (0.0036%)
Promoter votes: 61,426,786 shares (100% in favor)
Public votes: 9,014,210 shares (99.9721% in favor), 2,515 shares against (0.0279%)

Scrutinizer's Role and Findings

Scrutinizer: A.K. Verma & Co, Practicing Company Secretaries (Ashok Kumar Verma, Partner)
Appointment: By Board of Directors in meeting held on 11th August 2026
Scope: Scrutinize remote e-voting and e-voting at AGM pursuant to Regulation 44 of SEBI LODR, 2015 and Section 108 of Companies Act, 2013
Process: Votes scrutinized based on data downloaded from NSDL e-voting system after closure of voting
Conclusion: All resolutions passed by requisite majority of shareholders

Compliance Confirmation

Conducted in compliance with Companies Act, 2013 and SEBI (LODR) Regulations, 2015
Meeting held through Video Conference pursuant to MCA circulars: No. 14/2020 (Apr 8, 2020), 17/2020 (Apr 13, 2020), 20/2020 (May 5, 2020), 02/2021 (Jan 13, 2021), 21/2021 (Dec 14, 2021), 02/2022 (May 5, 2022), 10/2022 (Dec 28, 2022), 09/2023 (Sep 25, 2023), 09/2024 (Sep 19, 2024), and 03/2025 (Sep 22, 2025)
No voting conducted through physical poll

Additional Information

Company CIN: L70109WB1986PLC040864
Corporate Office: 304, Southern Park, Saket District Centre, Saket, New Delhi - 110 017
Scrutinizer Address: 13-B, IInd Floor, Above Central Bank of India, Netaji Subash Marg, Daryaganj, New Delhi-110002