Swiggy says failed shareholder resolution aimed at governance, not founder controlIn an exchange filing, the company said the proposed amendments were designed to create a governance structure suited to a company without ...
27 May, 2026, 05.33 PM IST
Proxy companies bat for ‘new’ vote on promoter payProxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing signi...
16 Jan, 2025, 05.54 AM IST
Textile company Trident's payout to chairman Rajendra Gupta under fire"Unless the company could explain the rationale behind paying ₹57.6 crore as commission to Rajinder Gupta, SES is raising concern regarding...
14 Jul, 2022, 09.37 AM IST
Sun TV's institutional investors vote against fresh terms for Maran, wifeAn overwhelming majority of institutional shareholders of the Sun TV Network voted against proposals to approve the reappointment of Kalani...
08 Feb, 2022, 06.43 AM IST
JSPL investors okay pay hike for chief Naveen JindalAround 25% of the institutional shareholders voted against the resolution on giving a hike in remuneration for the company's chairman Navee...
02 Oct, 2021, 07.55 AM IST
Promoters face stiff resistance to remuneration hikesHigh promoter stakes (average promoter holding in listed companies in India is 45 per cent) have allowed these resolutions to go through, b...
05 Sep, 2021, 08.52 AM IST
Most institutional investors oppose Balkrishna CMD’s term extensionInstitutions owning 3.43 crore votes were against the proposal to extend the term of Poddar. Institutional votes representing two crore sha...
03 Jul, 2021, 09.41 AM IST
MCA permits remuneration to independent directors in case of loss made by companiesAmending schedule V of the Act, the MCA also prescribed limits on such remuneration based on the effective capital of the firm, which could...
19 Mar, 2021, 04.59 PM IST
At Rs 58.8 cr, Murali of Divi's Lab highest paid Indian pharma executiveThe percentage increase in the median remuneration for the staff of the firm for FY19 was 3.96 per cent.
11 Aug, 2019, 02.43 PM IST
How promoters are taking lion's share of companies' wage billCompanies like Apollo, Divi’s, Amara, Balkrishna and Indo Count Industries, where CXOs from promoter families take home more than 10% wage ...
19 Aug, 2015, 04.00 AM IST
Proxy advisory firms question promoters' disproportionately high salaries in companiesProxy advisory firms that provide advisory services to institutional shareholders on using their votes in companies, are questioning dispro...
27 Jul, 2015, 03.03 AM IST
Shareholder activism stalls promoter movesSeamec, which offers vessel management and vessel-based diving services, had to take back its proposal on fixing a minimum remuneration for...
05 Jul, 2014, 11.34 AM IST
- Key executive remuneration trends in India's largest listed companies
Public scrutiny and criticism of high executive remuneration is getting sharper globally. India has also seen some isolated cases of discon...
20 May, 2013, 09.14 AM IST
Promoter-run companies like Divis Laboratoris pay highest salaries: StudyThe highest salary paying companies are not necessarily the most profitable or the largest in terms of market capitalization.
09 May, 2013, 05.31 AM IST
JSPL shareholders advised to reject proposal to empower Naveen Jindal to set own salaryAccording to Stakeholders Empowerment Services, Jindal decides his own remuneration & gets 92% of payments made to the entire board.
25 Sep, 2012, 01.45 PM IST
- Directors’ selection under SEBI scrutiny
SEBI is likely to review the practice of nominating independent directors on a company board by the promoters, as this affects directors’ i...
16 Jan, 2009, 12.47 AM IST
- DCA tightens pay rules for family directors
Listed companies will have to disclose the proportion of their total annual turnover being paid as remuneration to their promoter families.
05 Jul, 2002, 05.24 AM IST