ALPHA TRIBE

Ashoka Metcast LimitedOthers, 26-06-2025: Shareholders meeting

26-06-2025 | 09:18 pm

Ashoka Metcast Limited has announced the approval of two special resolutions via postal ballot and remote e-voting. Shareholders approved the payment of remuneration to Managing Director Mr. Ashok Chinubhai Shah with over 99.5% votes in favor. The appointment of Mr. Umangkumar Hirabhai Patel as a Non-Executive Independent Director was also regularized with a similar majority. The voting turnout was above 54% of total shares, reflecting strong shareholder support for both governance and leadership decisions. This solidifies management continuity and board stability, positively impacting investor confidence.

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