Proxy advisory firms offer disparate recommendations to Finolex Cables shareholders on re-appointment of ChairmanInGovern Research has suggested that FCL shareholders seek a postponement of the resolution, citing concerns over the adequacy of the notic...
23 Sep, 2023, 05.28 PM IST
Max Financial shareholders reject Rs 3 cr pay for Analjit SinghCompanies must take shareholder approval through a special resolution if the annual remuneration payable to a single non-executive director...
29 Mar, 2023, 06.41 AM IST
Shareholders reject special incentives for PVR chief, joint MDAbout 52% of the institutional investors and 25% of the non-institutional public investors voted against proposals of special incentives fo...
25 Jul, 2022, 01.30 AM IST
Wipro shareholders approve reappointment of Patrick Ennis, Patrick Dupuis as independent directorsThe special resolutions for the reappointment of Patrick Ennis and Patrick Dupuis to Wipro’s board received more than 99% votes in favour f...
06 Jun, 2021, 05.21 PM IST
Proxy advisory firms give thumps up to Motherson Sumi restructuringMSSL is seeking shareholders’ approval for the proposed related party transactions and e-Voting has been scheduled between 26 and 28 of Apr...
26 Apr, 2021, 10.32 AM IST
IiAS supports Airtel-Telenor mergerThe merger, it said, was beneficial to Bharti as it adds crucial spectrum and subscribers to Airtel.
19 Sep, 2017, 01.01 AM IST
USL defends appointment of PwC as auditorsThe advisory firm had questioned the proposal of USL to appoint PwC as its auditors.
14 Jul, 2016, 11.11 PM IST
Zee Learn, Tree House deal under Sebi scannerZee Learning shares fell by 31%, while Tree House crashed by 76%. Tree House promoters off-loaded over 32% stake in the company prior to th...
02 Jul, 2016, 01.30 AM IST
Stakeholders Empowerment Service opposes Sterlite Technologies’ plan to demerge power businessHowever, while denying the allegations, company said that the proposed demerger initiated by the company has been done with the intent to u...
15 Dec, 2015, 02.58 AM IST
Advisory firm SES asks Infosys investors to vote against merger of Finacle and EdgeVerve SystemsSES (Shareholder Empowerment Services) cited the lack of clear information on valuation for the merger as the reason for the recommendation.
26 May, 2015, 05.47 AM IST
Merck's attempt to re-appoint board may face resistance from shareholdersMerck is holding an AGM on April 8 and is seeking to re-appoint directors on its board but has nowhere mentioned in its notice to sharehold...
26 Mar, 2015, 10.49 AM IST
Minority shareholders increasingly having a say in key decisions of companiesIn the past few months, public shareholders have managed to push companies to alter or reconsider their proposals that were not in their be...
26 Feb, 2015, 10.15 AM IST
Mystery shareholder had sought removal of Indiabulls promoters Rajiv Rattan and Saurabh MittalThe identity of the shareholder(s) who sent notice is not known, according to a report by proxy advisory firm Stakeholders Empowerment Serv...
11 Aug, 2014, 03.32 PM IST
Indiabulls to wind up 6 AGMs in just over an hour"Reason for convening AGMs with short intervals is to provide comfort to shareholders and save them cost and time," Indiabulls said.
23 Sep, 2013, 10.32 AM IST
HCC is in red but seeks an annual pay package of over Rs 10 crore for its chief Ajit GulabchandFor three consecutive years, HCC in its annual report has stated that Gulabchand's remuneration exceeded the limits set by Companies Act.
19 Jun, 2013, 11.37 AM IST
- Vedanta draws flak over key Cairn India appointments
SES has recommended that shareholders vote against some of the key resolutions such as the appointment of auditors and the appointment of k...
17 Aug, 2012, 06.28 AM IST
- Heard on the Street: Proxy advisory firms
Institutional proxy advisory firms are in vogue. The latest to hop on to the bandwagon is the former executive director of Sebi, JN Gupta, ...
18 Jul, 2012, 05.52 AM IST