Silence of the lions: Did Ambuja Cements’ star independent directors speak up for its shareholders?

Image credit: @AmbujaCementsLimited.Official via Facebook

Synopsis

The lack of information on review of decisions taken by management and failure to ask the right questions irk proxy advisors. In its AGM tomorrow, will Ambuja’s shareholders, including LIC, seek answers from the company’s independent directors on the seven-year-old restructuring that didn’t deliver the promised results?

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Apr 8, 2021, 12:00 AM ISTGIFT ARTICLEFONT SIZE

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