Voting Results Summary

The 40th AGM of Ashirwad Steels & Industries Limited was held on Thursday, 23rd July, 2026 at 12:30 PM through Video Conferencing/Other Audio Visual Means, concluding at 01:18 PM. Two ordinary resolutions were considered and passed with requisite majority.

Resolution Details

Resolution 1: Adoption of Financial Statements

  • Description: To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, together with the Auditor's report and Annual Report of the Board of Directors
  • Type: Ordinary Resolution
  • Total Votes: 10,091,350 votes (80.73% of outstanding shares)
  • Votes in Favor: 10,021,258 votes (99.31% of valid votes cast)
  • Votes Against: 70,092 votes (0.69% of valid votes cast)
  • Invalid Votes: Nil
  • Result: Passed with requisite majority

Resolution 2: Re-appointment of Director

  • Description: To re-appoint Mr. Vishesh Chhibbar (DIN: 03553892) as Whole-time Director who retires by rotation
  • Type: Ordinary Resolution
  • Total Votes: 10,091,350 votes (80.73% of outstanding shares)
  • Votes in Favor: 10,021,258 votes (99.31% of valid votes cast)
  • Votes Against: 70,092 votes (0.69% of valid votes cast)
  • Invalid Votes: Nil
  • Result: Passed with requisite majority

Voting Process Details

  • Remote E-voting Period: Monday, 20th July, 2026 (9:00 AM) to Wednesday, 22nd July, 2026 (5:00 PM) via CDSL platform
  • AGM E-voting: Conducted during the AGM on Thursday, 23rd July, 2026
  • Scrutinizer: Mr. Arvind Kumar Saraf, FCA (Membership No. 056138) of A K Saraf & Associates (FRN:322316E)
  • Scrutinizer Appointment Date: 22nd May, 2026 by Board of Directors
  • Record Date: 16th July, 2026 (voting eligibility cut-off date)
  • Total Shareholders: 8,185 shareholders on record date

Shareholder Participation

  • Promoters & Promoter Group: 3 shareholders attended through video conferencing
  • Public Shareholders: 99 shareholders attended through video conferencing
  • Total Shareholders Present: 102 shareholders

Voting Breakdown by Category

Resolution 1 - Category-wise Voting:

  • Promoter & Promoter Group: 8,835,409 shares held; 8,585,309 votes polled (97.22%); 100% in favor
  • Public Institutions: 8,700 shares held; 0 votes polled
  • Public Non-Institutions: 3,660,891 shares held; 1,506,041 votes polled (41.14%); 95.35% in favor, 4.65% against

Resolution 2 - Category-wise Voting:

  • Promoter & Promoter Group: 8,835,409 shares held; 8,585,309 votes polled (97.22%); 100% in favor
  • Public Institutions: 8,700 shares held; 0 votes polled
  • Public Non-Institutions: 3,660,891 shares held; 1,506,041 votes polled (41.14%); 95.35% in favor, 4.65% against

Scrutinization Process

The electronic votes were unblocked after the conclusion of the AGM on 23rd July, 2026 in the presence of two independent witnesses:

  • Navin Agarwal, 891233, Bangur Park, Rishra, Hooghly, 13th Lane, Pin - 712248
  • Ranjit Mallick, 2 Govt. Colony, Uttarpara, Hooghly, Pin - 712258

The voting results were downloaded from CDSL's e-voting website (www.evotingindia.com) and diligently scrutinized.

Document Submission

Submitted to BSE Limited by Sonal Agarwal, Company Secretary, from Kolkata on 23rd July, 2026. The voting results and scrutinizer's report are available on the company website (www.ashirwadsteels.com) and CDSL's e-voting portal.