Ashapura Minechem Limited (ASHAPURMIN) — Voting Results

📢 Key Event
Ashapura Minechem completed postal ballot for ESOP 2026, executive re-appointment, and independent director regularization.

🔮 What's Next
E-voting results to be announced by April 27, 2026; ESOP 2026 effective if approved; executive director tenure Feb 16, 2026–Feb 15, 2028; independent directors' 5-year terms effective Feb 5, 2026.

💡 Investor Takeaway
Shareholders approved employee equity participation through ESOP 2026 and confirmed key leadership continuity, though actual voting approval percentages were not disclosed in this filing.

Ashapura Minechem Limited conducted a postal ballot from March 29 to April 27, 2026, seeking shareholder approval for five resolutions. Key approvals included adoption of ESOP 2026 authorizing 20 lakh equity shares for eligible employees across group companies, re-appointment of Shri Hemul Shah as Executive Director & CEO for 2 years with salary up to ₹1.01 crore p.a., and regularization of Shri Jagdish Shetty and Shri Wilson Mathais as Independent Directors for 5-year terms. Results were announced by April 27, 2026. The filing does not provide final voting tallies or approval percentages.

📄 View Original Announcement (PDF)

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