Escorts Under Scrutiny

Proxy advisory firms IiAS & InGovern have raised an alarm regarding Escorts‘ restructuring proposal that involves the merger of 3 subsidiaries and allows Escorts promoters to enhance voting power considerably.

May 08, 2012 / 12:46 IST

Proxy advisory firms IiAS & InGovern have raised an alarm regarding Escorts' restructuring proposal that involves the merger of 3 subsidiaries and allows Escorts promoters to enhance voting power considerably.

Both IiAS & InGovern have recommended shareholders vote against the Special Resolution. For more please read their reports.

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first published: May 8, 2012 12:43 pm

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