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Bharti Airtel obtains shareholder nod on all seven AGM resolutions

Sunil Mittal's reappointment gets 10% against votes

Bharti Airtel
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Bharti Airtel

Samie Modak Mumbai
Telecom major Bharti Airtel obtained an overwhelming majority on all the resolutions floated at its annual general meeting (AGM). Public disclosure made by the company on Wednesday showed it obtained between 89.6 per cent and 100 per cent ‘for’ votes on the seven resolutions.

Interestingly, the resolution that got the highest number of ‘against’ votes was on re-appointment of Sunil Bharti Mittal as the chairman of the company (10.43 per cent dissenting votes). Two other resolutions on appointment of Nisaba Godrej as an independent director and payment of commission to non-executive directors got 6.7 per cent and 4.4 per cent