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Resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders

Resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders
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Sanjay Dalmia , National Stock , Bombay Stock Exchange , Annual General Meeting ,

GHCL: GHCL director fails to get enough votes to be reappointed

As much as 67.73% of the shareholders at the AGM voted in favour of the special resolution, while 32.27% voted against. "The resolution was defeated as it needed to be supported by 75% of the total voting," the company said in a regulatory filing on Saturday. ....

Sanjay Dalmia , Small Cap Fund , Strategy Fund , Institutional Investor Advisory Services Ii , National Company Law Tribunal , Gujarat High Court , Cap Fund , Eos Multi Strategy Fund , Institutional Investor Advisory Services , Golden Tobacco ,

GHCL: Why reappointment of Sanjay Dalmia to GHCL board was rejected at AGM? Shriram Subramanian explains

“The GHCL shareholders wanted change. The stock price has been range-bound while the market has surged. From that perspective, especially in the last one or two years, shareholders were angry and they wanted change.So it was not unexpected.” ....

Shriram Subramanian , Sanjay Dalmia , Shriram Subramanian Etmarkets ,