For postponing its Annual General Meeting (AGM), scheduled to be held on September 30, 2013, SKS Microfinance has obtained approval from the Registrar of Companies. The postponement is significant as the company has rejected a nomination of its founder and ex-chairman, Vikram Akula, as the representative of SKS Trusts, the largest shareholder in the company with a stake of 12.6 per cent.
Tag: annual general meeting
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RIL to invest Rs 1.5 trillion in 3 yrs
At its 39th annual general meeting (AGM) in Mumbai, Mukesh Ambani, Chairman of Reliance Industries (RIL) informed that the firm plans to invest Rs 1.5 lakh crore over the next three years. He remarked that the firm is investing the largest capital in India by any enterprise public or private, Indian or foreign and this is an expression of the faith of Relia