Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they required at least three times more votes in favour than against to pass, which was not achieved.
Eternals’ FII cap signals stronger push into quick commerce with inventory-led strategy: Karan Taurani
Elara Securities’ Karan Taurani views Eternals’ move to cap FII ownership positively, paving the way for inventory-led quick commerce growth. This shift allows better control