Shareholders meeting

Asahtsongwon Ref: ASCL/SEC/2026-27 /27 June 30, 2026 1. To, 2. To, The General Manager The General Manager (Listing) Department of Corporate Services National Stock Exchange of India Ltd BSE Limited Floor, Exchange Plaza 1st Floor, New Trading Ring Plot No. C/ 1, G Block Rotunda Building, P. J. Tower Bandra - Kurla Complex Dalal Street, Fort Bandra (East) Mumbai- 400 001 Mumbai- 400 051 BSE Scrip Code: 532853 NSE Trading Symbol: ASAHISONG SUB: DISCLOSURE OF VOTING RESULTS OF POSTAL BALLOT PROCESS REF: REGULATION 44 (3) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Dear Sir/ Madam, With reference to the captioned subject and in continuation of our letter dated May 27, 2026 pertaining to the Notice of Postal Ballot dated March 31, 2026, and pursuant to Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a voting results in the prescribed format along with the Scrutinizers Report. This is for your information and records. Thanking you, Yours faithfully, For, ASAHI SONGWON COLORS LIMITED Joseph Saji Varghese Company Secretary & Compliance Officer Encl: As above Asahi Songwon Colors Ltd. CIN: L24222GJ1990PLC014789 Regd. Office: "Asahi House", 20, Times Corporate Park, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059, Gujarat, India. 1S014001:2015 OMS 004 Registered A MEMBER Tele : 91-79 48239999, 29617815 •Fax: 91-79 6832 5099 • Web Site: www.asahisongwon.com IMS·QE/JAS-COQ611040J OF IAF KLA General information about company Scrip code 532853 NSE Symbol ASAHISONG MSEI Symbol NOTLISTED ISIN INE228I01012 Name of the company ASAHI SONGWON COLORS LIMITED Type of meeting Postal Ballot Date of the meeting / last day of receipt of postal ballot forms (in case of 28-06-2026 Postal Ballot) Start time of the meeting End time of the meeting Scrutinizer Details Name of the Scrutinizer NAVEEN KUMAR MANDOVARA Firms Name S. SHARDA & ASSOCIATES Qualification CA Membership Number FCA117422 Date of Board Meeting in which appointed 31-03-2026 Date of Issuance of Report to the company 29-06-2026 Voting results Record date 22-05-2026 Total number of shareholders on record date 9744 No. of shareholders present in the meeting either in person or through proxy a) Promoters and Promoter group b) Public No. of shareholders attended the meeting through video conferencing a) Promoters and Promoter group b) Public No. of resolution passed in the meeting 1 Disclosure of notes on voting results AddNotes Resolution (1) Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are interested in the agenda/resolution? Appointment of Mr. Rupesh Chandrakant Shah (DIN: 00277687) as Description of resolution considered an Independent Director of the Company % of Votes No. of No. of No. of No. of % of votes in % of Votes Mode of polled on votes – Category shares votes votes – favour on votes against on voting outstandin in held polled against polled votes polled g shares favour (3)=[(2)/(1 (7)=[(5)/(2)] (1) (2) (4) (5) (6)=[(4)/(2)]*100 )]*100 *100 E-Voting 7887333 99.8781 7887333 0 100.0000 0.0000 Promoter Poll and Postal 7896960 Promoter Ballot (if Group applicable) Total 7896960 7887333 99.8781 7887333 0 100.0000 0.0000 E-Voting 0 0.0000 0 0 0.0000 0.0000 Poll Public- Postal 3237 Institutio Ballot (if applicable) Total 3237 0 0.0000 0 0 0.0000 0.0000 E-Voting 62852 1.617 62188 664 98.9435 1.0565 Public- Poll Non Postal 3887065 Institutio Ballot (if ns applicable) Total 3887065 62852 1.617 62188 644 98.9435 1.0565 Total Total 11787262 7950185 67.4473 7949521 644 99.9916 0.0084 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Add Notes Form No. MGT -13 Report of Scrutinizer [Pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014] The Chairperson, Asahi Songwon Colors Limited, “Asahi House”, 20, Times Corporate Park, Thaltej – Shilaj Road, Thaltej, Ahmedabad – 3800059. Gujarat. Sub: Report on the E-voting conducted through Postal Ballot. Dear Sir/Madam, 1. Appointment as Scrutinizer: I, Naveen Kumar Mandovara, Partner of S. SHARDA & ASSOCIATES, a Chartered Accountant in Whole Time Practice (Membership No. 117422) has been appointed as Scrutinizer by the Board of Directors of Asahi Songwon Colors Limited, to conduct the Postal Ballot through electronic voting process (“remote e-voting”) in respect of the Special Resolution placed before the members for appointment of Mr. Rupesh Chandrakant Shah (DIN: 00277687) as an Independent Director of the Company. Pursuant to Postal Ballot Notice dated 31st March, 2026 issued under the provisions of Section 108, 110 and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with Rule 20 and 21 of the Companies (Management and Administration) Rules, 2014 (“Rules”), General Circular Nos. 14/2020 dated 8th April, 2020, 17/2020 dated 13thApril, 2020, 22/2020 dated 15th June, 2020, 33/2020 dated 28th September, 2020, 39/2020 dated 31st December, 2020, 10/2021 dated 23rd June, 2021, 20/2021 dated 8th December, 2021, 3/2022 dated 5th May, 2022, 11/2022 dated 28th December, 2022, 09/2023 dated 25th September, 2023 and 09/2024 dated 19th September, 2024 issued by Ministry of Corporate Affairs (“collectively the MCA Circulars”), Regulation 44 of the Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015 (“Listing Regulations”) and Secretarial Standard – 2 General Meetings issued by the Institute of Company Secretaries of India including any statutory modifications, amendments or re- enactment(s) thereof for the time being in force, the appended below is proposed to be passed as a Special Resolution (“Resolution”) set out in the Postal Ballot Notice dated 31st March, 2026 (“the Notice”). Our responsibility as Scrutinizer was to ensure that the postal ballot process (through electronic voting) was conducted in a fair and transparent manner and to submit our report on the basis of the electronic data generated from the e-voting system. 2. Voting through Postal Ballot: 2.1 The management of the Company is responsible to ensure the compliance with the requirements of the Companies Act, 2013 and the Rules made thereunder, the circulars issued by the MCA from time to time and the applicable regulations of Listing Regulations relating to voting through postal ballot on the resolution contained in the Notice. 2.2 In compliance with the MCA Circulars, Sections 108 and 110 of the Act and the Rules made thereunder and Regulation 44 of the Listing Regulations, the Company provided remote e-voting facility to seek the approval of members of the Company for the resolutions contained in the Notice through Postal Ballot. 2.3 In terms of the MCA Circulars, no physical ballot forms were dispatched by the Company and the votes were cast using remote e-voting facility only. 3. Cut-off Date: The members of the Company whose names were recorded in the Register of Members or in the Beneficial Owners maintained by the depositories (in case of shares held in dematerialised form) as on Friday, 22nd May, 2026 being the cut-off date for the purpose of deciding the entitlement of members to vote through the postal ballot were entitled to exercise their voting rights through the Remote E-voting facility in respect of Resolution as set out in the Postal Ballot Notice. 4. E-Voting Process: 4.1 The Company appointed National Securities Depository Limited for providing e-voting facility through Postal Ballot. 4.2 The e-voting period commenced at 09:00 A.M. (IST) on Saturday, 30th May, 2026 and ended at 05:00 PM (IST) on Sunday, 28th June, 2026 5. Counting of Votes: 5.1 After the end of e-voting cycle, the votes cast through postal ballot were unblocked by the undersigned. 5.2 I have scrutinized and reviewed the votes cast through remote e-voting based on the data downloaded from the NSDL e-voting system and ha [Showing first 8,000 characters — download PDF for full document]