Board resolutions face shareholder pushback2 min read 22 May 2023, 11:20 PM IST
Shareholder activism in India's listed firms has increased, with proxy advisory firm Institutional Investor Advisory Services reporting that multiple voting outcomes over the last week show institutional investors' decisions on dozens of board resolutions.
Public shareholders in listed firms displayed an increasingly active role in the latter’s board decisions over the past week, reflecting an improvement in shareholder activism.
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