Key Resolutions and Voting Results

Resolution 1: Auditor Appointment (Ordinary Resolution)

  • Appointment of M/s. J K V S & Co, Chartered Accountants (Firm Registration Number: 318086E) as Statutory Auditors
  • To fill casual vacancy caused by resignation of M/s. DHC & Co., Chartered Accountants (resigned due to RBI ineligibility criteria)
  • Total votes polled: 17,344,733 shares (38.78% of outstanding shares)
  • Votes in favor: 17,344,724 shares (99.9999%)
  • Votes against: 9 shares (0.0001%)
  • Resolution passed: Yes

Resolution 2: Borrowing Authority (Special Resolution)

  • Authorization for borrowing money under Section 180(1)(C) of Companies Act, 2013
  • Total votes polled: 17,344,733 shares (38.78% of outstanding shares)
  • Votes in favor: 17,344,573 shares (99.9991%)
  • Votes against: 160 shares (0.0009%)
  • Resolution passed: Yes

Resolution 3: Asset Charges (Special Resolution)

  • Creation of pledge/charge/mortgage/hypothecation/assignment on company assets
  • Extending guarantees under Section 180(1)(a) of Companies Act, 2013 and Regulation 24 of SEBI LODR
  • Total votes polled: 17,344,733 shares (38.78% of outstanding shares)
  • Votes in favor: 17,344,573 shares (99.9991%)
  • Votes against: 160 shares (0.0009%)
  • Resolution passed: Yes

Resolution 4: Section 185 Limits (Special Resolution)

  • Approval of limits under Section 185 of Companies Act, 2013 (loans to directors)
  • Promoter/promoter group interested in this resolution
  • Total votes polled: 5,806,077 shares (12.98% of outstanding shares)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)
  • Resolution passed: Yes

Resolution 5: Donations/Contributions (Ordinary Resolution)

  • Approval for donations/contributions under Section 181 of Companies Act, 2013
  • Total votes polled: 17,344,733 shares (38.78% of outstanding shares)
  • Votes in favor: 17,344,573 shares (99.9991%)
  • Votes against: 160 shares (0.0009%)
  • Resolution passed: Yes

Related Party Transaction Resolutions (All Ordinary Resolutions)

Resolution 6: Transaction with Ashika Private Equity Advisors Pvt Ltd (subsidiary)

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,806,067 shares (99.9998%)
  • Votes against: 10 shares (0.0002%)

Resolution 7: Transaction with Promoter group(s)

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 8: Transaction with Promoter directors

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 9: Transaction with FS Ashika Ventures IFSC Private Limited

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 10: Transaction with Ashika Private Equity Trust

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 11: Transaction with Category II/III Alternative Investment Fund Trust

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 12: Transaction between Ashika Stock Services Ltd and related parties

  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

Resolution 13: Transactions between subsidiaries and promoter group/related parties

  • Subsidiaries include: Ashika Business Pvt Ltd, Ashika Investment Managers Pvt Ltd, Ashika Global Family Office Services Pvt Ltd, Ashika Private Equity Advisors Pvt Ltd, Ashika Global Finance Pvt Ltd
  • Total votes polled: 5,806,077 shares (12.98%)
  • Votes in favor: 5,805,917 shares (99.9972%)
  • Votes against: 160 shares (0.0028%)

All related party transaction resolutions (6-13) were passed with requisite majority.

Voting Process Details

  • Record date: 22nd May, 2026
  • Total shareholders on record date: 4,623
  • Remote e-voting period: 31st May, 2026 (9:00 AM IST) to 29th June, 2026 (5:00 PM IST)
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Sneha Khaitan Jalan, Company Secretary in Practice (CP No. 14929)
  • Total members who voted: 119

Shareholding Pattern

  • Total outstanding shares: 44,724,971
  • Promoter and Promoter Group holding: 25,936,596 shares (58.00%)
  • Public Institutions holding: 1,012,717 shares (2.26%)
  • Public Non-Institutions holding: 17,775,658 shares (39.74%)

Additional Information

  • The e-voting results and Scrutinizer's Report are available on company website (www.ashikagroup.com), BSE website (www.bseindia.com), and NSDL website (www.evoting.nsdl.com)
  • Scrutinizer's Report dated 30th June, 2026 confirms fair and transparent voting process
  • No invalid votes were recorded in any resolution category