Page 4 - Shareholders

Dish TV shareholders vote against annual accounts, director appointment

77.63% of votes cast against adoption of annual audited financial statements

Future Enterprises to hold meetings with shareholders, creditors in April

Move follows NCLT nod to Future Group firms to seek approval of scheme that allows Future Group to sell its retail, logistics and warehousing businesses to RIL

Sebi gives Dish TV 24 hrs to reveal AGM results, directors get show-cause

Dish TV India, in which promoter entities have only 6% stake, did not disclose the AGM results citing a pending case in Bombay HC

LIC 3.0 to be listed, nimble and agile, say M R Kumar & K R Ashok

If there is any capital requirement, we will have to approach not only the government but all shareholders, said Kumar

Large NSE shareholders sell stake amid IPO delay, total holding down by 10%

Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings

Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore

The move is to ensure a much larger shareholder base ahead of IPO

DB Realty seeks shareholders nod to raise up to Rs 563 cr via warrants

The company informed that an extraordinary general meeting (EGM) has been called on February 2 to consider this proposal

At EGM, IndiGo shareholders back resolution to scrap RoFR clause

The removal of clause will now allow the two promoters of the airline to sell or transfer shares to a third party without giving each other notice

IDFC approves Anil Singhvi's appointment as chairman with immediate effect

The board also approved a proposal to seek shareholders' approval, by means of a postal ballot, for the appointment of Anita Belani as an independent director

IFCI gets shareholders' approval to raise up to Rs 1,000 cr via bonds

The fundraise through private placement was passed with requisite majority as over 99 per cent of the votes were cast in favour

Toshiba shareholder objects to break-up, urges board to solicit offers

Hedge fund 3D Investment Partners, which owns more than 7% of Toshiba, laid out its objections in a three-page letter to the company's board

Vedanta business spinoff may not affect parent's credit quality: Moody's

Currently, there is no separate disclosure on free cash flow generation by the different businesses; after spinoff each entity will report separate financials

IRB Infra shareholders pass resolution for Rs 5,347-cr capital inflow

Overall 95% of the votes casted have been in favour of the resolution

Best of BS Opinion: Managing cryptocurrencies, a board for the shareholders

Here are the best of BS Opinion pieces of the day

Sebi cautions Zee Entertainment on delay in EGM notice

In a caution letter to Zee, the Sebi said any such aberration in future would be viewed seriously and appropriate action would be initiated

In relief to Zee Entertainment, HC stops Invesco from calling EGM

Zee cancels Wednesday's board meeting to consider Sept-quarter results

Route Mobile shareholders approve raising Rs 2,000 cr via securities

Enterprise communication service provider Route Mobile has received shareholders approval to raise Rs 2,000 crore through sale of securities, according to the company's regulatory filing.

Companies need more neeti, less niyam

The key lies in training and aligning directors about the behavioural aspects of governance, not only about the laws

Why is India Inc seeing a surge in shareholder activism?

Shareholder activism in India: We often hear of a growing trend in India Inc that could bode well for shareholders but present challenges for companies. But that may not be a nascent phenomenon

Former CAG Vinod Rai fails to get re-elected on IDFC Board

Over 62% IDFC shareholders reject appointment of Vinod Rai as non-independent, non-executive director