Shareholders meeting

LIMITED 17th September, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited 25th Floor, P. J. Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Dalal Street, Complex, Bandra (E), Mumbai -400 001 Mumbai - 400 051 Security Code: 540923 Security Symbol: ASHOKAMET Dear Sir/Madam, Sub: Scrutinizer Report Please find enclosed herewith Scrutinizer Report on voting results of the businesses transacted at the 17th Annual General Meeting of the Company held on 17th September, 2026 from 3: 3o P.'t1. IST to 3: 3::}- f'.'M IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM). Please take the same on your records. Thanking You. Yours faithfully, For Ashoka Metcast Limited Ashok Shah Managing Director DIN: 02467830 Encl: As above Ashoka Metcast Limited Reg. Ok Corporate House-2, Anarn-2, lscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad-380058, Gujarat, India Website: www.ashokametcast.in CIN: L46620GJ2009PLC051642 Phone: 6358028106 Email: info@ashokametcast.in Chintan K. Patel Company Secretaries Scrutinizer's Report [Pursuant to section 109 of the Companies Act, 2013 and Rule 21(2) of the Companies (Management and Administration) Rules, 2014] The Chairman, Ashoka Metcast Limited Corporate House-2, Anam-2, lscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad - 380 058, Gujarat, India Dear Sir, Sub: Scrutinizer's Report on e-voting conducted at the Annual General Meeting held on 17th Day of September, 2026 in pursuant to the provisions of Section 108 of Companies Act, 2013 ("the Act") read with Rules 20 of the Companies (Management and Administration) Rules, 2014 as amended by of the Companies Management and Administration) Amendment Rules 2015 to the extent applicable. I, Chintan K. Patel, Practicing Company Secretary appointed as Scrutinizer by the Board of Directors, have been appointed as the Scrutinizer by the Board of the Directors of Ashoka Metcast Limited ("the Company") for the ("the company") pursuant to the provisions of section 108 and other applicable provisions, if any, of the Companies Act, 2013 ("the Act"), read with Rule 20 of the Companies (Management and Administration) Rules, 2014 ("the Rules"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") including any statutory modification(s) or re enactment(s) thereof for the time being in force, and in acc9rdance with the guidelines prescribed by the Ministry of Corporate Affairs for conducting e-voting vide General Circular No. 14/2020 dated April 8, 2020, General Circular No. 17/ 2020 dated April 13, 2020, General Circular No. 22/2020 dated June 15, 2020, General Circular No. 33/2020 dated September 28, 2020, General Circular No. 39/2020 dated December 31, 2020, General Circular No. 10/2021 dated June 23, 2021, General Circular No. 20/2021 dated December 08, 2021, General Circular No. 03/2022 dated May 05, 2022, General Circular No. 11/2022 dated December 28, 2022, General Circular No. 09/2023 dated September 25, 2023 and General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs ("MCA") (hereinafter collectively referred to as "MCA Circulars"), Regulation 44 of the SEBI (Listing Obligations ard Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), Secretarial Standard-2 ("SS- 2") issued by the Institute of Company Secretaries of India and other applicable laws rind regulations, if any, by way of the business set out hereunder through remote e-votin5 to conduct and to scrutinize voting through electronic voting in respect of the below mentioned resolutions to be passed, through E-voting by the Equity Shareholders at the Annual General Meeting of the Equity Shareholders of Ashoka Metcast Limited, held on 17th Day of September, Chintan K. Patel Company Secretaries 2026 at 3:30 p.m. held at the Registered Office at Corporate House-2, Anam-2, lscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad 380 058, Gujarat, India through Video Conferencing (VC)/other Audio-Visual Means (OAVM) referred to in the Notice dated 12th August, 2026 namely: 1. To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026. 2. To reappoint Mr. Shalin Ashok Shah (DIN: 002974447), Non-Executive Director of the Company, who is liable to retire by rotation and being eligible, offers himself for re appointment. 3. Regularization of appointment of Mrs. Jhanvi Vikas Sethi (DIN: 08593000) as a Non Executive Independent Director of the Company. 4. Approval for enhancement of limit for availing financial assistance from Promoter and Promoter Group and conversion of loan into equity shares. 5. Entering into Material Related Party Transactions with Rhetan TMT Limited. 6. Entering into Material Related Party Transactions with Ashnisha Industries Limited. 7. Entering into Material Related Party Transactions with Lesha Industries Limited. 8. Entering into Material Related Party Transactions with Gujarat Natural Resources Limited. 9. Entering into Material Related Party Transactions with Lesha Ventures Private Limited. The Company's Management is responsible to ensure the compliance with the requirements of the Act read with the Rules, MCA and SEBI Circular/s relating to voting by electronic means, (Remote E-Voting), on all the Resolutions contained in the Notice dated 12th August, 2026. Our responsibility as a Scrutiniser for the Voting by electronic Means, (Remote E-Voting), process is restricted to make a Scrutiniser's Report of the Votes cast "in favour" or "against" and "invalid, abstain or by interested parties" all The Resolutions, based on the Report/s generated from the E-voting system or platform provided by Central Depository Services (India) Limited ("CDSL"), the authorised agency to provide the Remote E-Voting engaged by the company. We submit our report as under: 1. The Company had on 26'h August, 2026 completed the dispatch of the notice as per Section 108 of the Companies Act, 2013 to the Members of the Company whose names appeared on the Register of Member/List of Beneficiaries as on 2l5t August, 2026, being the cut-off date. 16, Aarasuri Society, Nr. Vyasvadi, Opp. Bhavsar Hostel, Nava Vadaj, Ahmedabad - 380013. M: 09824141067 email: cschintanpatel@gmail.com ~ Chintan K. Patel Company Secretaries 2. On account of the relaxations granted by the Ministry of Corporate Affairs ("MCA") and Securities and Exchange Board of India ("SEBI"), the Notices were sent only by email to all its members who have registered their email addresses with the Company / Company's Registrar and Share Transfer Agent (RTA) or Depository I Depository Participants and the communication of assent/dissent of the members took place through e-voting system provided by CDSL, the agency engaged by the company to provide the Members with the facility of E-Voting. 3. The Company had appointed Central Depository Services (India) Limited (hereinafter referred to as "CDSL/Service Provider) as the service provider for the purpose of extending the facility of e-voting to the Shareholders of the Company. Bigshare Services Private Limited is the Registrar and Share Transfer Agent (hereinafter referred to as "RTA") of the Company. 4. The Company published an advertisement in "Free Press Gujarat" (English newspaper) and "Lok Mitra"(Gujarati newspaper) on 25th August, 2026 informing about the dispatch of Notice through email for seeking consent of members of the Company by way of Special & Ordinary Resolution for the Ordinary and Special Business mentioned in the Notice. 5. The remote E-Voting period commenced on, Monday, 14th September, 2026 at 9:00 A.M. and ends on Wednesday, 15th September, 2026 at 5:00 P.M. The Remote E-Voting was disabled thereafter. 6. Subsequently, the votes cast through electronic means were unblocked on 17th September, 2026 by using t [Showing first 8,000 characters — download PDF for full document]