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Promoter Opportunism Vs Minority Protection
Two recent corporate actions have added fuel to the decades-old fire simmering between Indian promoters and minority shareholders.
05 Jun 2020, 04:50 PM IST
Two recent corporate actions have added fuel to the decades-old fire simmering between Indian promoters and minority shareholders.At a time when stock prices are at or near long-term lows, one promoter has proposed to delist his company, and the other has opted for a cheaper route of capital infusion. In both cases, governance advisory firms have cried...promoter opportunism. Hoping the regulator will intervene.Meanwhile, others have...
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