मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Yes Bank's board rights to SMBC run into proxy wall
Mint Mumbai
|August 15, 2025
The plan allows the Japanese lender to put its nominee on Yes Bank's key board committees
Yes Bank Ltd's decision to give the Japanese Sumitomo Mitsui Banking Corp (SMBC) the right to place its nominee directors on the lender's key board committees, including the audit and nomination and remuneration panels, has prompted two proxy advisory firms Institutional Investor Advisory Services India Ltd (IIAS) and Stakeholder Empowerment Services (SES) to recommend investors to vote against the proposal.
IIAS recommendations to investors to reject the proposal that gives Yes Bank's two largest investors (including State Bank of India) special rights will test the resolve of shareholders as the voting for the proposal starts on 18 August and ends on 20 August, according to two investors. Yes Bank is expected to declare the results after the Annual General Meeting on 21 August.
यह कहानी Mint Mumbai के August 15, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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