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. Disclaimer: The information/opinions expressed in this newsletter are those of the author. This website has not verified the accuracy of the claims made in the newsletter, nor does it agree or disagree with or endorse any information/opinions contained in this newsletter.
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