Search result for 'shareholder rejection'

Sebi rejected Digvijay Gaekwad's competing open offer for Religare Enterprises, citing lack of financial ability and frivolous intent, paving the way for Burman Group's acquisition.

Rashmi Saluja, executive chairperson of Religare Enterprises, has ceased to be a director after shareholders voted against her reappointment. The move comes amid an open offer by the Burman family...

Rashmi Saluja, executive chairman of Religare Enterprises, has ceased to be a director after shareholders did not approve her re-appointment. This comes amid Burmans' open offer to acquire a stake...

Dish TV shareholders have rejected the proposal to appoint two independent directors, Amit Singhal and Parag Agarawal, due to a lack of required votes. The company has now appointed Mayank Talwar...

Zee Entertainment shareholders voted against the reappointment of Punit Goenka as director. Goenka's resolution was defeated at the AGM, with only 49.54% of votes in favor.

Nestle India shareholders have rejected a proposal to increase royalty payments to its parent firm. The move follows a previous hike in 2013. Learn more about the decision and its implications.

Shareholders of Dish TV rejected the appointment of four independent directors in the EGM, leaving only one person on the board. The company immediately appointed two new directors to meet the...

Hikal shareholders have voted against the continuation of Baba Kalyani as a director after he turns 75. The decision comes amid a legal battle between Kalyani and his sister over Hikal's ownership.