ASHOKA INDIA EQUITY INVESTMENT TRUST

AGM Information • Dec 10, 2025

National Storage Mechanism | Additional information

RNS Number : 0511L

Ashoka India Equity Investment Tst

10 December 2025

10 December 2025

Ashoka India Equity Investment Trust plc

LEI: 213800KX5ZS1NGAR2J89

Result of Annual General Meeting

The Board of Ashoka India Equity Investment Trust plc (the "Company") is pleased to announce that all of the resolutions put forward at the AGM today were voted on by way of a poll and were duly passed.

The results were as follows:

Resolution		In Favour/ Discretionary**		Against		Withheld ****
		Votes	%***	Votes	%***	Votes
1	To receive and adopt the Company's Annual Report and Accounts for the year ended 30 June 2025.	66,245,033	99.95%	32,538	0.05%	54,842
2	To approve the directors' Remuneration Report, included in the Annual Report and Accounts, for the year ended 30 June 2025.	66,034,192	99.77%	149,016	0.23%	149,205
3	To approve the Company's Remuneration Policy.	66,023,141	99.76%	156,911	0.24%	152,361
4	To re-elect Andrew Watkins.	65,296,276	98.55%	959,641	1.45%	76,495
5	To re-elect Dr Jerome Booth.	56,739,192	85.64%	9,514,301	14.36%	78,920
6	To re-elect Rita Dhut.	65,440,217	98.78%	810,695	1.22%	81,501
7	To re-elect Jamie Skinner.	65,438,326	98.77%	812,586	1.23%	81,501
8	To re-appoint Ernst & Young LLP as independent auditor to the Company.	66,032,008	99.74%	174,947	0.26%	125,458
9	To authorise the Audit Committee to determine the remuneration of the independent auditor.	66,183,781	99.87%	86,392	0.13%	62,240
10	To approve the Dividend Policy, included in the Annual Report and Accounts, for the year ended 30 June 2025.	66,187,357	99.91%	59,114	0.09%	85,942
11	To approve an increase in the Company's Investment Policy limit from 12% to 15% to invest in gross assets (calculated at the time of investment) in unquoted companies with a Significant Presence in India.	66,122,093	99.84%	104,225	0.16%	106,095
12	To authorise the Company to allot shares for the purposes of section 511 of the Companies Act.	66,117,591	99.81%	128,842	0.19%	85,980
13	To authorise the Company to allot shares on a non-pre-emptive basis pursuant to sections 570 and 573 of the Companies Act 2006.*	65,955,255	99.57%	286,342	0.43%	90,816
14	To authorise the Company to repurchase its shares.*	66,149,984	99.84%	104,181	0.16%	78,248
15	That a general meeting be called on not less than 14 clear days' notice.*	66,047,419	99.68%	213,135	0.32%	71,859

* Special resolutions

** Includes discretionary votes.

*** Rounded to two decimal places.        

**** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" or "against" the relevant Resolution.

Shareholders are entitled to one vote per share.

The Company had 168,942,811 ordinary shares of 1 pence each in issue at the voting record time for the Annual General Meeting. Therefore, the total voting rights in the Company for the purpose of the Annual General Meeting comprised 168,942,811 votes.

The full text of the Resolutions is contained in the Notice of AGM. The Notice of AGM along with copies of all resolutions passed, other than ordinary business, are available for viewing on the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at https://www.ashokaindiaequity.com.

Enquiries:

NSM Funds (UK) Limited
Company Secretary
[email protected]

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