Vashishtha Luxury Fashion seeks shareholder approval via postal ballot for material related party transactions totaling ₹15 crore with Vashishtha Embroideries and Anas Embroideries.
The company proposes remuneration revisions for Managing Director Ravindra Dhareshivkar and Executive Director Mustak Odiya, capping at ₹40 lakh annually each.
Remote e-voting period runs from May 16 to June 14, 2026, with NSDL facilitating the electronic voting process.
The resolutions require ordinary majority approval and follow SEBI Listing Regulations and Companies Act, 2013 compliance requirements.