Eicher Motors’ minority shareholders oppose appointment of Siddhartha Lal as MD
- The resolution was rejected on the grounds of proposed increase in remuneration at a time when sales of the company’s products and overall operational performance have remained subdued
New Delhi: Institutional shareholders of Eicher Motors Ltd on Thursday rejected a special resolution to reappoint Siddhartha Lal as the managing director at the annual general meeting of the company.
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