Escorts Under Scrutiny
Published on Tue, May 08,2012 | 12:43, Updated at Tue, May 08 at 12:46Source : Moneycontrol.com
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.
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