Stay updated with the latest proxy-firm news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on proxy-firm topics.
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Cri ...Read More >
Mumbai: Zee Entertainment Enterprises Ltd failed to secure shareholder approval for its proposal to issue fully convertible warrants to promoter group entities on a preferential basis at an extraordinary general meeting (EGM) on Thursday. The rejection of the resolution highlights growing shareholder concerns over corporate governance and promoter influence, market watchers said. While 60% participating shareholders voted in favour of the resolution at the EGM, it fell short of the 75% thresho ...Read More >
July 10 (Reuters) - Zee Entertainment Enterprises (ZEE.NS), opens new tab on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster. The setback comes after the company aggressively cut costs and focused on improving performance in its core businesses following a failed merger with Sony Group Corp's (6758.T), opens new tab India assets. Only 59.5% of shareholders who pa ...Read More >
Stock market today: Zee Entertainment Enterprises (ZEEL) share price climbed over 6 per cent to ₹132.15 on Friday, November 29 after shareholders rejected a proposal to reappoint Punit Goenka as a director of the company. The decision was made during the company's 42nd Annual General Meeting (AGM) on November 28, 2024. In a regulatory filing, ZEEL stated that the resolution to reappoint Goenka failed to secure the required majority. "Resolution No. 3 (Goenka's reappointment) failed to get the r ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.