Proxy advisors towards Anant Ambani, Meswani appointment as RIL whole-time administrators

Institutional Investor Advisory Providers India Ltd (IiAS) and Stakeholder Empowerment Providers (SES) have issued suggestions towards the resolutions, citing points round compensation and, in a single case, a battle of curiosity. Ambani, 30, the youngest son of Reliance chairperson Mukesh Ambani, has lower than a decade of expertise within the related work, the proxy advisor … Read more

Proxy adviser seeks update on ₹480 cr ESOP clawback from Rashmi Saluja

Mumbai: Five months after Dabur India Ltd chairman Mohit Burman took control of Religare Enterprises Ltd, a proxy advisory firm has sought an update on the issue of recovering shares of a subsidiary worth ₹480 Crore from Former Religare Chair Rashmi Saluja. On Sunday, InGovern Research Services issued a note asking that Religare and its … Read more