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Why IDFC Investors Are Unhappy With The Board And Management
Why is IDFC's board dragging out the process of a reverse merger with IDFC First Bank? Shareholders want answers.
15 Sep 2021, 01:34 PM IST
An "informal" investor call organised by IDFC Ltd. on Tuesday morning was intended to inform shareholders of the company's value-unlocking plans. The call, hosted by Vinod Rai, non-executive non-independent, chairman of the firm; and Sunil Kakkar, managing director & chief executive officer, went downhill almost as soon as it started.For over an hour, investors questioned the board and management on issues ranging from delays in valu...
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