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Minority shareholders News

12 Sep 2016

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.

Maruti Suzuki India

27 Jan 2015

Minority 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.

United Spirits Ltd

10 Jan 2015

USL 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.

07 Dec 2014

Maruti 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.

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