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.
FIIs remain net buyers in May, infuse Rs 18,082 crore into Indian equities
Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of