Proxy advisory firms urge regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing significant increases in payouts to promoters and conflicts of interest. A study shows that many resolutions benefiting promoters would be rejected under stricter voting rules, highlighting inequities in compensation.
Barflex Polyfilms IPO allotment expected today. Here’s how you can check status
Barflex Polyfilms IPO was subscribed nearly 141 times at close due to bidding largely driven by non-institutional investors. The company, which offered a mere 47