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Resolution for reappointment of Mr. Sanjay Dalmia as a Director of GHCL Limited not approved by its Shareholders equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Stocks To Watch on 3 July, 2023: HDFC, HDFC Bank, Adani Transmission, Vedanta, Reliance Industries, Coal India, GHCL, NTPC financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
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. ....
“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.” ....