InGovern seeks exit route for minority shareholders of Sterling and Wilson

Shareholder proxy advisory firm InGovern has sought an open-offer exit for minority shareholders of Sterling and Wilson Solar Ltd (SWSL) for the failure of the promoters to keep the promise they made in the IPO documents. InGovern said that this non-fulfilment of obligation by the promoters, as promised in the offer document, tantamounts to change of the objects and that an exit opportunity should be provided to the minority shareholders.

https://www.thehindubusinessline.com/companies/ingovern-seeks-exit-route-for-minority-shareholders-of-sterling-and-wilson/article30526574.ece