Asian Star Company531847AGM

All 4 resolutions passed at 32nd AGM, including Rs.1.50 dividend

At the 32nd AGM held on September 28, 2026, shareholders passed all 4 ordinary resolutions with 99.99% votes in favour.

Wed 30 Sep 2026

90.98%Outstanding shares polled

Outstanding shares polled: 90.98%.

Dividend Per Share: Rs. 1.50 per equity share (face value Rs. 10)
Votes Polled: 14564135 of 16006800 shares (90.98%)
Votes In Favour: 14563983 (99.99% of votes polled)
Votes Against: 152 (00.01% of votes polled)
Resolutions Passed: All 4 ordinary resolutions

What happened

Shareholders of the company voted on 4 ordinary resolutions at the 32nd Annual General Meeting held on Monday, September 28, 2026 through Video Conferencing / Other Audio-Visual Means. All 4 were passed.

The meeting started at 2.00 P.M. and ended at 2.15 P.M. Voting was by remote e-voting from September 25, 2026 to September 27, 2026 and e-voting during the meeting.

The resolutions

Adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, with the Board's and Auditor's reports.
Declaration of a dividend of Rs. 1.50/- per equity share of face value Rs. 10/- each for the year ended March 31, 2026.
Re-appointment of Mr. Priyanshu A. Shah as director liable to retire by rotation.
Re-appointment of Mr. Dharmesh D. Shah as director liable to retire by rotation.

Voting pattern (same on all four items)

Total shares: 16006800; votes polled 14564135, i.e. 90.98% of outstanding shares.
Votes in favour: 14563983 (99.99% of votes polled).
Votes against: 152 (00.01%).
Promoter and Promoter Group polled 11950000 shares, 100.00% in favour.
Public non-institutions polled 2614135 of 3382161 shares (77.29%), with 99.99% in favour.
Public institutions holding 674639 shares did not vote.

Participation

Total shareholders on the record date of September 21, 2026 were 1179. 20 shareholders attended through video conferencing — 5 from the Promoter and Promoter Group and 15 from the public. No invalid votes were recorded.

What it means for investors

This is the routine reporting of AGM outcomes. The main item of direct financial relevance is the approved dividend of Rs. 1.50 per share. The near-unanimous support and the absence of institutional voting are the notable features of the voting pattern. The scrutinizer for the process was Yogesh D. Dabholkar, Practicing Company Secretary.

1,60,06,800Total shares outstanding

Promoter and Promoter Group shares voted1,19,50,000

Public non-institutions shares held33,82,161

Public institutions shares held6,74,639

Total shares outstanding 1,60,06,800: Promoter and Promoter Group shares voted 1,19,50,000, Public non-institutions shares held 33,82,161, Public institutions shares held 6,74,639.

More numbers

Dividend per equity shareRs.1.50 per Equity Shares
Face value per shareRs. 10/- each
Total shares outstanding16006800
Total votes polled14564135
% of outstanding shares polled90.98
Votes in favour14563983
Votes against152
% votes in favour99.99
Promoter and Promoter Group shares voted11950000
Public non-institutions shares held3382161
Public institutions shares held674639
Shareholders on record date1179

Source: BSE · 30 Sep 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.