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The Birla camp failed to nominate directors on the board of three MP Birla group companies — Vindhya Telelinks, Universal Cables and Birla Cable — as majority of the shareholders voted against the resolutions in the annual general meetings held on Thursday.
According to the voting results available in the stock exchanges, 72 per cent of the valid votes were cast against the Birla camp resolution to appoint chartered accountant Dhanpat Ram Pal Agarwal as a director of Vindhya Telelinks. The resolution to appoint another Birla camp nominee, Shyamal Kanti Chakrabarti, was also rejected by the shareholders. The Birla
According to the voting results available in the stock exchanges, 72 per cent of the valid votes were cast against the Birla camp resolution to appoint chartered accountant Dhanpat Ram Pal Agarwal as a director of Vindhya Telelinks. The resolution to appoint another Birla camp nominee, Shyamal Kanti Chakrabarti, was also rejected by the shareholders. The Birla
