Asian Energy Services Limited disclosed the voting results and scrutinizer's report for a postal ballot conducted pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates and Process

  • Postal Ballot Notice Date: May 19, 2026
  • Cut-off date (Record Date): May 22, 2026
  • Remote e-voting period: May 26, 2026 (9:00 AM IST) to June 24, 2026 (5:00 PM IST)
  • Scrutinizer's Report Date: June 26, 2026
  • Total shareholders on record date: 20,696

Resolution Details and Voting Results

Resolution 1: Special Resolution - Re-appointment of Managing Director

  • Description: To approve the re-appointment and remuneration of Dr. Kapil Garg (DIN: 01360843) as Managing Director
  • Result: PASSED
  • Total votes polled: 30,796,998 shares (69.3916% of outstanding shares)
  • Votes in favor: 30,796,765 shares (99.9992% of votes polled)
  • Votes against: 233 shares (0.0008% of votes polled)
  • Promoter group voted 100% in favor (27,299,857 shares)

Resolution 2: Special Resolution - ESOP Grant to Non-Executive Director

  • Description: To approve grant of stock options to Mr. Parikshit Datta (DIN: 06377749), Non-Executive Non-Independent Director under Asian Energy Services Limited Employee Stock Option Plan 2025 (AESL ESOP 2025) and subsequent remuneration
  • Result: PASSED
  • Total votes polled: 30,796,998 shares (69.3916% of outstanding shares)
  • Votes in favor: 30,796,148 shares (99.9972% of votes polled)
  • Votes against: 850 shares (0.0028% of votes polled)
  • Promoter group voted 100% in favor (27,299,857 shares)

Resolution 3: Ordinary Resolution - Remuneration to Independent Directors

  • Description: To approve payment of remuneration to Independent Directors in accordance with Companies Act, 2013 and SEBI Listing Regulations
  • Result: PASSED
  • Total votes polled: 30,796,998 shares (69.3916% of outstanding shares)
  • Votes in favor: 30,796,763 shares (99.9992% of votes polled)
  • Votes against: 235 shares (0.0008% of votes polled)
  • Promoter group voted 100% in favor (27,299,857 shares)

Shareholding Structure and Participation

  • Total outstanding shares: 44,381,442
  • Promoter and Promoter Group holdings: 27,299,857 shares (61.51%)
  • Public Institutions holdings: 1,482,208 shares (3.34%)
  • Public Non-Institutions holdings: 15,599,377 shares (35.15%)
  • Voting participation rate: 69.3916% of total outstanding shares

Scrutinizer Details

  • Scrutinizer: Hemanshu Kapadia of M/s. Hemanshu Kapadia and Associates, Practicing Company Secretaries
  • Appointment: By Board of Directors on May 19, 2026
  • E-voting platform: National Securities Depository Limited (NSDL)
  • Vote unblocking witnessed by: Ms. Rupali Somani and Ms. Koyal Bajoria on June 24, 2026 at 5:10 PM IST
  • No invalid votes were recorded across all resolutions

Additional Information

  • The voting results and scrutinizer's report are available on the company's website at www.asianenergy.com
  • The Register of Postal Ballot and other records were handed over to Mr. Nayan Mani Borah, Chairman of the Company, for safe custody
  • The disclosure was signed by Shweta Jain, Company Secretary & Compliance Officer (Membership No.: 23368)