Asia Capital Limited has submitted detailed e-voting results to BSE Limited following the successful completion of its postal ballot process for increasing authorised share capital. The Mumbai-based non-banking financial company (NBFC) announced the results on March 17, 2026, with the special resolution receiving unanimous shareholder approval.

Regulatory Submission and Compliance

The company submitted comprehensive documentation to BSE Limited under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The submission included detailed voting results and the scrutinizer's report for the special resolution regarding the increase in authorised share capital and consequent alteration to the Capital Clause of the Memorandum of Association.

Detailed Voting Results

The postal ballot process concluded on March 16, 2026, with comprehensive participation across different shareholder categories. The e-voting facility was provided by National Securities Depository Limited (NSDL), with the voting period extending from February 15, 2026, at 9:00 a.m. to March 16, 2026, at 5:00 p.m.

Scrutinizer's Certification

Saloni Goyal & Associates, practicing company secretaries, served as the appointed scrutinizer for the voting process. The scrutinizer's report, dated March 17, 2026, confirmed that all procedural requirements under Section 110 of the Companies Act, 2013, were met during the voting process. The votes were unblocked on March 17, 2026, at 12:50 p.m. in the presence of two independent witnesses - Sanyam Kumar and Ishwar.

Process and Timeline

The postal ballot notice was dated February 12, 2026, with the cut-off date for determining voting rights set as February 6, 2026. The company published mandatory newspaper advertisements in "Active Times" (English) and "Mumbai Lakshadeep" (Marathi) on February 13, 2026, to inform shareholders about the postal ballot process.

The voting results and scrutinizer's report have been made available on the company's website at www.asiacapital.in/postal-ballot.html and on NSDL's e-voting platform at www.evoting.nsdl.com . Company Secretary and Compliance Officer Prateek Sharma (Membership No. A49283) signed the regulatory filings submitted to BSE Limited.

Asia Capital Limited has announced the commencement of a postal ballot process to seek shareholder approval for increasing its authorized share capital. The Mumbai-based NBFC has sent electronic copies of the postal ballot notice to eligible shareholders and established the e-voting framework for this corporate action.

Postal Ballot Process Details

The company has initiated the postal ballot procedure in compliance with Section 108 and Section 110 of the Companies Act, 2013, along with applicable SEBI regulations. The key details of the process are outlined below:

Corporate Action Proposal

The postal ballot seeks shareholder approval for increasing the company's authorized share capital and consequent alteration to the Capital Clause of the Memorandum of Association. The proposal represents a strategic move to enhance the company's capital structure and provide flexibility for future business expansion.

Regulatory Framework and Compliance

Asia Capital has appointed Saloni Goyal & Associates, a Practicing Company Secretary, as the Scrutinizer to oversee the postal ballot process. The company has engaged NSDL as the e-voting service provider to facilitate electronic voting for shareholders.

Shareholder Participation Guidelines

Shareholders who have registered their email addresses with depositories or the company's Registrar and Transfer Agent as of the cut-off date are eligible to participate in the e-voting process. The voting rights will be calculated based on the shareholding as of February 06, 2026.

The postal ballot notice is available on the company's website at www.asiacapital.in/postal-ballot.html , BSE website, and NSDL's e-voting portal. Shareholders who have not received the notice electronically can download it from these platforms.

Recent Financial Performance Context

This corporate action comes following Asia Capital's Q3 FY26 financial results, where the company reported a net profit of ₹536.70 thousand and total income of ₹1,217.37 thousand. The proposed increase in authorized share capital aligns with the company's strategic planning for future growth opportunities in the financial services sector.