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Astec LifeSciences Announces Voting Results of 30th AGM

Astec LifeSciences Publishes Voting Results of 30th AGM

Mumbai, India - Astec LifeSciences Limited has announced the voting results of its 30th Annual General Meeting (AGM), held on July 29, 2024, at 4:00 PM IST through video conferencing (VC) and other audio-visual means (OAVM). The meeting covered key resolutions including the adoption of financial statements, the re-appointment of directors, and the ratification of the cost auditor's remuneration.

Key Resolutions and Voting Results

Resolution 1: Adoption of Financial Statements

The shareholders voted overwhelmingly in favor of adopting the financial statements for the financial year ended March 31, 2024.

• Total Votes Polled: 14,887,165
• Votes in Favor: 14,887,054 (99.99%)
• Votes Against: 111 (0.01%)

Resolution 2: Re-appointment of Mr. Ashok V. Hiremath as Director

Mr. Ashok V. Hiremath was re-appointed as a director, liable to retire by rotation.

• Total Votes Polled: 14,887,525
• Votes in Favor: 14,887,504 (100.00%)
• Votes Against: 21 (0.00%)

Resolution 3: Ratification of Remuneration of Cost Auditor

The remuneration of Mr. Paresh Jaysih Sampat, Cost Accountant, Mumbai, was ratified as the Cost Auditor for the financial year ending March 31, 2025.

• Total Votes Polled: 14,887,165
• Votes in Favor: 14,882,371 (99.97%)
• Votes Against: 4,794 (0.03%)

Voting Breakdown

Promoter and Promoter Group

• Votes Polled: 13,089,856
• Votes in Favor: 13,089,856 (100.00%)
• Votes Against: 0 (0.00%)

Public Institutions

• Votes Polled: 1,041,273
• Votes in Favor: 929,285 (89.25%)
• Votes Against: 0 (0.00%)

Public Non-Institutions

• Votes Polled: 5,479,136
• Votes in Favor: 4,879,136 (89.25%)
• Votes Against: 21 (0.00%)

The detailed voting results have been made available on the company's official website www.godrejastec.com.

About Astec LifeSciences Limited

Astec LifeSciences Limited, a part of the Godrej Group, is a leading company in the agrochemical sector. It specializes in the production of high-quality agrochemical active ingredients and intermediates. The company is committed to delivering sustainable and innovative solutions to the agricultural industry.

Contact Information:

• Tejashree Pradhan
  • Company Secretary & Compliance Officer
  • Email: tejashree.pradhan@godrejastec.com

For more information, please visit www.godrejastec.com.