Page 2 - Agms

Jawahar Goel quits as Dish TV director, will step down at Sept 26 AGM

Yes Bank, which holds 25% in Dish TV, has been pushing for a board revamp, including removal of Goel, Narang and others

Payment aggregator licence may open avenues beyond rail-ticketing for IRCTC

Recently secured shareholder approval to approval RBI; has database of 100 mn users

J-K Bank shareholders reject ESOP plan, Wani's reappointment as director

Jammu & Kashmir Bank's proposal to raise capital by issuing shares to staff members under the employee stock option plan was rejected by the shareholders in the annual general meeting held in late August. In a regulatory filing on Thursday, the bank released the minutes of the 84th annual general meeting (AGM) held on August 24, 2022. The bank had proposed to issue 2 crore shares of face value of Re 1 each under J&K Bank under the J&K Bank Employee Stock Option Scheme2022 (JKB ESOS 2022) and had sought shareholders' approval at the AGM last month. The proposal sent as special resolution garnered only 0.92 per cent votes from shareholders who participated in the voting, showed the minutes of the meeting. Of the total 6,65,883,603 cast, only 6,062,264 were in favour of the proposal. Shareholders also rejected the proposal to re-appoint Dr Mohmad Ishaq Wani, to retire by rotation, as the director of the bank. Only 1.71 per cent (11,404,451 votes) of the shareholders were in ..

After Patanjali, Reliance Retail could be the next big disruptor in FMCG

Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.

Dish TV Chairman Jawahar Goel to vacate office at ensuing AGM in Sept

Direct-to-Home operator Dish TV on Tuesday said its Chairman Jawahar Lal Goel will vacate his position at the company's upcoming AGM on September 26, 2022. Goel, whose proposal for reappointment as Managing Director was rejected by the shareholders in an extraordinary meeting (EGM) held in June this year, has not reapplied for continuation as Chairman. In a regulatory filing Dish TV said:" Jawahar Lal Goel, Chairman and Non-Executive Director, shall vacate his office at the ensuing AGM on account of having expressed his unwillingness to offer himself for reappointment as a Director." The board of Dish TV, in a meeting held on Tuesday, also approved the convening of 34th AGM of the company on September 26, 2022 virtually through video conferencing and Other Audio Visual Means. The board also noted that the term of its Independent Director Bhagwan Das Narang shall expire on the date of the ensuing Annual General Meeting, "... upon completion of his second term and accordingly, Naran

Mukesh Ambani makes succession clear to shareholders at Reliance AGM

Tycoon's three children, Akash, Isha and Anant, to lead separate business

Minority investors may seek higher dividend as Tata Sons posts huge profit

Firm reports Rs 19,638 crore liability towards AGR dues of Tata Teleservices, makes provisions of Rs 1,148 crore for AGR and is expected to make additional provisions in the years ahead

NDTV defers AGM by a week to on Sep 27 amid Adani group's open offer

NDTV has deferred its Annual General Meeting (AGM) by a week to September 27 in view of the open offer from the Adani group to acquire a 26 per cent stake in the media company, according to a regulatory filing. The New Delhi Television Limited (NDTV)'s AGM was originally scheduled to be held on September 20. Last week, the Adani group announced to indirectly acquire 29.18 per cent shareholding in NDTV, and launch an open offer to buy an additional 26 per cent stake. "The 34th AGM of NDTV is being moved from September 20, 2022, to September 27, 2022 as a result of the processes required after the Notice and Public Announcement of the Open Offer made by VCPL (an indirect subsidiary of Adani Enterprises Ltd) to our public shareholders for acquiring up to 26 per cent of the Voting Share Capital of the Company," said Saturday late night filing. The AGM shall now be held on September 27, 2022 through Video Conference in accordance with the circulars issued by the Ministry of Corporate .

Vote against reappointment of Harsh Mariwala: SES to Marico's shareholders

Seeks approval for revision in remuneration payable to Marico's cost auditors

Battered by three decades of controversy, TMB looks back to the future

The storied bank hopes to put its troubles behind it with its impending IPO

Vedanta seeks shareholder nod for related-party deals worth Rs 8,661 cr

Three resolutions have been listed on the agenda of the company's annual general meeting (AGM), to be held on August 10, involving subsidiaries

Tata Motors targets five-fold rise in electric vehicle sales by FY24

Will look to sell 100K units by next year, said Tata Motors chairman N Chandrasekaran

LIC to hold first AGM on Sept 27 via video-conference, other AV means

LIC Board sets August 26 as record date for dividend payment, approves investment in proposed rights issue of LIC (Nepal) Ltd

Asian Paints sees scope to reinvent amid continuing global uncertainties

Chairman Deepak Satwalekar tells investors at AGM that the firm's network penetration and brand strength saw its decorative business deliver 31% growth by volume and 36% by value in FY22

We'll stay the course in our strong expansion of Tata Steel: Chandrasekaran

Tells investors at AGM that Indian steel industry is globally competitive and companies should be able to expand capacity in value-added products for both, Make in India and Make for The World

Hindustan Unilever to take further price hikes despite volumes taking a hit

Country going through probably the most difficult economic situation, says chairman

Reliance AGM may see more focus on green energy, consumer business

Experts expect the firm to make further announcements in green energy

Sebi asks Dish TV to disclose December AGM results within 24 hours

Capital markets regulator Sebi on Monday directed Dish TV India Ltd to immediately disclose the results of its annual general meeting (AGM) held on December 30, 2021 to the exchanges

Sebi  asks Dish TV to make Dec AGM results public: What legal experts say

The AGM outcome has not been declared nearly six weeks after its conclusion, when according to Sebi rules, AGM results need to be declared within two days of the event

YES Bank moves Allahabad High Court on dispute over Dish TV stake

YES Bank had sought to appoint its nominees in the Annual General Meeting of shareholders scheduled for September 27th which was postponed to November 30th