EGM held: preferential issue and independent woman director appointment put to vote as special resolutions

ASM Technologies held its Extra Ordinary General Meeting on Sunday, 4th October 2026 through video conferencing, from 10:00 a.m. to 10.54 a.m.

Sun 4 Oct 2026

EGM date

Sunday, 4th October 2026

EGM timing

from 10:00 a.m. to 10.54 a.m.

Members present

37 members were present through video conferencing

Resolutions put to vote

Two items of business, both requiring a Special Resolution

Director appointment resolution

Appointment of Ms. Amrita Verma Chowdhury (DIN: 02178520) as the Non-Executive, Independent Woman Director

An Extra Ordinary General Meeting, or EGM, is a shareholders' meeting called outside the annual general meeting cycle when a company needs members' approval for specific matters.

What the update reports

• The EGM was held on Sunday, 4th October 2026 through video conferencing.
• It commenced at 10:00 a.m. and concluded at 10.54 a.m.
• Mr. M R Vikram, Chairman, chaired the meeting and welcomed members, Directors, Auditors and KMP.
• The Chairman reviewed with the Company Secretary on the quorum; on confirmation, the meeting was declared validly convened, as the requisite quorum was present.
• 37 members were present through video conferencing.
• Members could join through VC/OAVM and view the meeting on a live webcast on the platform of KFin Technologies.
• Mr. Pramod S.M. (FCS Membership No. 7834 and Certificate of Practice No. 13784), Partner, BMP & Co. LLP, Practicing Company Secretary, was appointed as Scrutinizer to scrutinize the e-voting process as well as voting at the EGM in a fair and transparent manner.

What was put to members

Two items of business set out in the Notice convening the EGM were recommended for members' consideration and approval. Both required a Special Resolution.

• Offer, issue and allot securities of the Company on a preferential basis.
• Appointment of Ms. Amrita Verma Chowdhury (DIN: 02178520) as the Non-Executive, Independent Woman Director of the Company and fixing of remuneration.

How the voting worked

• Members had the facility to cast their vote electronically on all resolutions set out in the Notice.
• Members who were present at the EGM and had not cast their votes electronically were provided an opportunity to cast their votes at the end of the meeting.
• The Scrutinizer was requested to compile the results of remote e-voting as well as e-voting at the EGM and submit the consolidated Scrutinizer's Report within the stipulated time.
• The Company Secretary announced that the registers referred to in the EGM notice were open for inspection for members, who could send a request for inspection.
• The results of the items of business would be shared on receipt of the report from the Scrutinizer within the stipulated time.
• Details of the voting results on all the resolutions, along with the Scrutinizer's Report, will be disseminated to BSE Ltd. and placed on the Company's website in due course.
• The meeting concluded with a vote of thanks to the shareholders, members of the Board, Auditors and the Management team.
• The update states that the above should not be construed to be the minutes of the EGM of the Company.

What the two resolutions concern

• The first resolution covers offering, issuing and allotting securities of the Company on a preferential basis. A preferential issue involves allotment of securities to selected allottees on the terms set out in the Notice convening the meeting, and it goes to the composition of the share capital.
• The second resolution covers the appointment of Ms. Amrita Verma Chowdhury (DIN: 02178520) as the Non-Executive, Independent Woman Director of the Company, together with the fixing of her remuneration. It relates to board composition and director remuneration.

What a member can track next

• The pass or fail outcome of each resolution, once the consolidated Scrutinizer's Report is shared and the voting results are disseminated to the exchanges and put on the Company's website.

This is a record of the proceedings of the meeting as shared by the Company, and not a view on the Company or its shares.

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.