Vashishtha Luxury Fashion Limited has submitted voting results for its postal ballot conducted through electronic means pursuant to Regulation 44(3) of SEBI LODR Regulations, 2015. The postal ballot was conducted for business contained in the notice dated May 11, 2025.

Voting Process Details

The e-voting period remained open for 30 days from Saturday, May 16, 2026 at 9:00 AM (IST) until Sunday, June 14, 2026 at 5:00 PM. The company appointed National Securities Depository Limited (NSDL) as the agency for providing the remote e-voting platform. The record date for determining eligible shareholders was Friday, May 8, 2026, with 150 total shareholders on record.

Scrutinizer Appointment

Riddhishree Tanna of R.B. Tanna & Associates (Membership Number: 35873) was appointed as scrutinizer by the Board of Directors on May 11, 2026. The scrutinizer report was issued to the company on June 15, 2026.

Resolution Results

All four ordinary resolutions were passed with requisite majority:

Resolution 1: Material Related Party Transactions with Vashishtha Embroideries Private Limited

  • Total votes polled: 153,600 shares (6.5174% of outstanding shares)
  • Votes in favor: 153,600 shares (100%)
  • Votes against: 0 shares (0%)
  • Promoter group held 1,557,558 shares but did not vote due to interest in the resolution

Resolution 2: Material Related Party Transactions with Anas Embroideries

  • Total votes polled: 153,600 shares (6.5174% of outstanding shares)
  • Votes in favor: 153,600 shares (100%)
  • Votes against: 0 shares (0%)
  • Promoter group held 1,557,558 shares but did not vote due to interest in the resolution

Resolution 3: Revision in Terms of Remuneration payable to Mr. Ravindra Dilip Dhareshivkar, Managing Director (DIN: 08202758)

  • Total votes polled: 1,711,106 shares (72.6042% of outstanding shares)
  • Votes in favor: 1,697,906 shares (99.2286%)
  • Votes against: 13,200 shares (0.7714%)
  • Promoter group voted 1,557,506 shares in favor (100% of their votes)
  • Public non-institutions voted 153,600 shares with 140,400 in favor (91.4063%) and 13,200 against (8.5938%)

Resolution 4: Revision in Terms of Remuneration payable to Mr. Mustak Odhiya, Executive Director (DIN: 08202757)

  • Total votes polled: 1,711,106 shares (72.6042% of outstanding shares)
  • Votes in favor: 1,697,906 shares (99.2286%)
  • Votes against: 13,200 shares (0.7714%)
  • Promoter group voted 1,557,506 shares in favor (100% of their votes)
  • Public non-institutions voted 153,600 shares with 140,400 in favor (91.4063%) and 13,200 against (8.5938%)

Shareholding Structure

  • Total outstanding shares: 2,356,758
  • Promoter and Promoter Group: 1,557,558 shares (66.09%)
  • Public Institutions: 0 shares
  • Public Non-Institutions: 799,200 shares (33.91%)

Disclosure Compliance

The company has uploaded the voting results and scrutinizer report on its website www.vashishthaluxuryfashion.com as required by SEBI regulations. The disclosure is made pursuant to Regulation 44(3) of SEBI LODR Regulations, 2015 and Sections 108 & 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014.