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Is it a coincidence that 3.77% of total capital has voted against or are we reading too much? Defeat of three RPTs by shareholders in recently concluded AGM of Tata Sponge Iron Ltd is an eye opener and requires regulator to have a relook at laws...
The Report analyses pledging of shares, by promoters and non-promoter’s shareholders of Indian listed companies, with an objective to draw meaningful conclusions from the available data and correlate the data to support the hypothesis that pledging might lead to Empty Voting.
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