Asutosh Enterprises Limited has officially disclosed the voting results of its postal ballot process for the re-appointment of Independent Director Mr. S.K. Roychowdhury, with the company filing the results under Regulation 44(3) of SEBI (LODR) Regulations, 2015.

Official Disclosure and Compliance

The company submitted its voting results disclosure to BSE Limited on 2nd April, 2026, signed by Company Secretary & Compliance Officer Narayan Baheti. The disclosure was made pursuant to regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Breakdown

The special resolution for re-appointing Mr. S.K. Roychowdhury (DIN: 09116850) as Independent Director received unanimous approval from participating shareholders. The voting was conducted exclusively through e-voting platform with no postal ballot forms submitted.

Resolution Outcome

The resolution has been declared passed by requisite majority, with 16,79,500 votes cast entirely in favor and zero votes against the proposal. The voting process demonstrated complete promoter group participation, with 100% of their shareholding participating in the e-voting process.

Corporate Governance Framework

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Rule 22 of the Companies (Management and Administration) Rules, 2014. The company maintained transparency by appointing an independent scrutinizer and ensuring proper documentation of the entire voting process.

The successful re-appointment reflects stakeholder confidence in the board composition and governance structure, with the resolution receiving complete approval from all participating shareholders across the voting process.

Asutosh Enterprises Limited has issued a postal ballot notice dated February 26, 2026, seeking shareholder approval for the re-appointment of Mr. S.K. Roychowdhury as an Independent Director. The company's Board of Directors had previously approved this re-appointment during their meeting held on February 26, 2026.

Postal Ballot Details

The postal ballot process will commence on March 3, 2026, at 9:00 a.m. (IST) and conclude on April 1, 2026, at 5:00 p.m. (IST). Only members registered as of February 27, 2026 (cut-off date) are entitled to vote on the resolution.

Director Re-appointment Information

Mr. S.K. Roychowdhury's current term as Independent Director is scheduled to expire on April 1, 2026. The Board has recommended his re-appointment for a second consecutive term based on his significant contributions and extensive industry experience.

Voting Process and Compliance

The postal ballot notice has been issued in compliance with Sections 108 and 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. Members can exercise their voting rights through both e-voting and physical postal ballot forms.

The company has appointed Ms. Vidhya Baid, Practicing Company Secretary (Membership No: FCS-8882), as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner. The notice was signed by Narayan Baheti, Company Secretary & Compliance Officer.

Regulatory Requirements

As Mr. Roychowdhury has attained the age of 75 years, Regulation 17(1A) of the SEBI (LODR) Regulations, 2015 requires approval by Special Resolution for his continuation as Non-Executive Director. The Board believes his continued association would benefit the company considering his extensive industry experience and valuable guidance.

The results of the postal ballot will be declared on April 2, 2026, at the company's registered office and will be communicated to stock exchanges and published on the company's website at www.asutosh.co.in .