AuSom Enterprise Limited has successfully concluded its postal ballot process, with shareholders approving four ordinary resolutions related to material related party transactions on 30th March, 2026. The company announced the voting results through a formal declaration submitted to stock exchanges, marking the completion of a comprehensive e-voting exercise.

Postal Ballot Process Overview

The postal ballot notice was issued on 26th February, 2026, seeking shareholder approval for material related party transactions with four entities. The remote e-voting period commenced on 1st March, 2026 at 9:00 a.m. (IST) and concluded on 30th March, 2026 at 5:00 p.m. (IST). Mr. Niraj Trivedi (FCS No.: 3844, COP: 3123), a Practicing Company Secretary, was appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Resolution Details and Voting Results

All four ordinary resolutions pertained to material related party transactions with different entities. The voting results demonstrated strong support from public shareholders across all resolutions:

Resolution 1: Zaveri and Company Private Limited

Resolution 2: Ausil Corporation Private Limited

The voting pattern for this resolution mirrored Resolution 1, with identical results across all shareholder categories. Public-Non Institutions showed overwhelming support with 737416 votes in favor against only 101 votes against.

Resolution 3: Swadeshi Distributors LLP

This resolution received the highest approval rate among all four resolutions:

Resolution 4: IGR AUSOM LLP

The fourth resolution returned to the voting pattern observed in Resolutions 1 and 2, with 737416 votes in favor and 15129 votes against, resulting in a 97.99% approval rate.

Scrutinizer's Findings

Scrutinizer Niraj Trivedi confirmed that all resolutions were passed with requisite majority. The scrutinizer's report highlighted several key aspects of the voting process:

• No invalid votes were recorded across any resolution
• Promoter and promoter group did not participate in the voting process for any resolution
• The e-voting module was disabled by CDSL after the voting period ended in the presence of two independent witnesses
• All voting data was maintained in accordance with the Companies (Management and Administration) Rules, 2014

Regulatory Compliance

The postal ballot process was conducted in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013. The company submitted the voting results along with the scrutinizer's report to both BSE Limited and National Stock Exchange of India Limited. The results and scrutinizer's report have also been hosted on the company's website at www.ausom.in for public access.

Ausom Enterprise Limited has issued a postal ballot notice to shareholders seeking approval for material related party transactions worth ₹42,000.03 crore for the financial year 2026-27. The company has scheduled the voting period from March 1, 2026, at 9:00 a.m. to March 30, 2026, at 5:00 p.m., with shareholders able to cast their votes exclusively through remote e-voting.

Transaction Overview

The proposed transactions involve four related entities and encompass various business activities including sale and purchase of goods, lending, borrowing, and rental payments. All transactions are proposed to be conducted at arm's length basis and in the ordinary course of business.

Transaction Details by Entity

Zaveri and Company Private Limited

The largest proposed transaction involves Zaveri and Company Private Limited, valued at ₹12,000.03 crore. This entity operates in trading commodities, bullions, gold jewelry, diamonds, derivatives, shares and securities, manufacturing jewelry, refining gold and silver, and power generation through windmills.

Ausil Corporation Private Limited

The second-largest transaction involves Ausil Corporation Private Limited for ₹12,000 crore. This entity engages in trading bullions, gold jewelry, platinum, derivatives, shares and securities, manufacturing jewelry, and real estate development projects.

Joint Venture Transactions

Swadeshi Distributors LLP, which operates a hydro project in Salun, Himachal Pradesh, accounts for ₹6,000 crore in proposed transactions. IGR AUSOM LLP, involved in trading and manufacturing bullions, gold, jewelry, and refining gold and silver, represents ₹12,000 crore in transactions.

Regulatory Compliance

The transactions require shareholder approval under Regulation 23 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. With the company's consolidated turnover of ₹2,393 crore for FY 2024-25, the materiality threshold for related party transactions stands at ₹239.30 crore, making these transactions material due to their substantial value.

Voting Process

Shareholders can participate in the postal ballot exclusively through remote e-voting via CDSL's platform. The cut-off date for determining eligible voters is February 24, 2026. Related parties as defined under SEBI regulations will not be permitted to vote on these resolutions.

Audit Committee Approval

The Audit Committee, comprising independent directors, has reviewed and approved all proposed transactions after examining relevant details including material terms and pricing basis. The committee has confirmed that the transactions will be conducted at arm's length basis and in the ordinary course of business.

The scrutinizer appointed for the postal ballot process is Mr. Niraj Trivedi, Company Secretary in Practice. Results will be declared within two working days from the conclusion of voting, on or before April 1, 2026, and will be available on the company's website and stock exchange platforms.