INDIA PROXY SEASON 2016
Bangalore, India – November 30, 2016, 1200 hrs IST: InGovern Research Services announces the release of a report India Proxy Season 2016.
The report contains:
Analysis of shareholder meetings in the proxy season 2016 starting January 2016 to September 2016. A total of 9664 proposals have been collated by InGovern.
Analysis of proposals that went through investor scrutiny and a few that were voted out by investors.
Types of shareholder proposals that are usually placed for voting.
Special resolutions that require super-majority voting of 75% positive votes.
Mr. Shriram Subramanian, Founder and MD of InGovern comments: “Shareholder meetings have assumed greater importance considering recent shareholder disputes. It is heartening to see that institutional investors are increasingly participating in shareholder meetings and voting aggressively. Some proposals by leading companies very voted out, and many others came close to being voted out, showing that companies can no longer afford to take investors for granted.”