Companies may need minority shareholders' nod on special rights to PEs
Markets regulator Sebi is considering asking companies to seek minority shareholders' approval before granting special powers relating to operations of the firms to non-promoters such as private equity investors.
Sep 12, 2016, 16:03 PM ISTMinority shareholders voting on Gujarat plant in 6 months: Maruti
Maruti Suzuki India expects to obtain minority shareholders approval on its plans to let parent Suzuki Motor Corporation own and invest in its upcoming plant in Gujarat in the next six months.
Jan 27, 2015, 18:52 PM ISTUSL gets minority shareholders nod for Diageo licensing deal
The company said 76.33 percent of the minority shareholders approved its proposal, a tad over the 75 percent requirement.
Jan 10, 2015, 21:04 PM ISTMaruti defers seeking shareholders' nod for Gujarat plant
Having run into troubles with institutional investors over its Gujarat plant transfer to parent Suzuki, car maker Maruti now wants to seek approval of minority shareholders after a proposed relaxation comes into effect in the Companies Act.
Dec 07, 2014, 12:47 PM IST