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IIAS: Vote Against Special Rights

In this report, proxy advisory firm IIAS has recommended shareholders vote against Manappuram’s resolution to accord special rights to a select group of investors.

July 26, 2012 / 09:34 IST
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In this report, proxy advisory firm IIAS has recommended shareholders vote against Manappuram’s resolution to accord special rights to a select group of investors.

IIAS says ‘in a listed entity, giving one set of shareholders certain preferential rights, is inimical to the interest of the other (public) investors’. Disclaimer: The information/opinions expressed in this report/newsletter are those of the author. This website has not verified the accuracy of the claims made in the report/newsletter, nor does it agree or disagree with or endorse any information/opinions contained in this report/newsletter. For more please read the attached report.  
first published: Jul 26, 2012 09:28 am

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