Ajmera Realty & Infra India Limited — Others, 24-12-2024: Shareholders meeting

Ajmera Realty & Infra India Limited has shared the results of its recent postal ballot, confirming two key resolutions passed by shareholders. The appointment of CA Shruti Anup Shah as a Non-Executive Independent Director received overwhelming support, with 99.998% approval from voters. Additionally, the resolution to approve a material related party transaction with Ajmera Housing Corporation Bangalore also garnered substantial backing, with 98.43% in favor. This positive outcome is likely to boost investor confidence, reflecting strong governance practices and strategic decisions in management. Overall, the developments present a positive outlook for the company’s governance framework.