Promoter Opportunism Vs Minority Protection

Two recent corporate actions have added fuel to the decades-old fire simmering between Indian promoters and minority shareholders.At a time when stock prices are at or near long-term lows, one promoter has proposed to delist his company, and the other has opted for a cheaper route of capital infusion. In both cases, governance advisory firms have cried...promoter opportunism. Hoping the regulator will intervene.Meanwhile, others have...