A proposal by InterGlobe Enterprises, the Gurugram-based parent of IndiGo airline, for travel benefits to the two independent directors (IDs) on its board and their family has caught the eye of a proxy advisory firm.
The Stakeholders' Empowerment Services (SES) has objected to the plan and asked shareholders to vote against the move in a postal ballot that is currently open and is slated to close on Tuesday. The company is seeking shareholders' approval for unlimited free tickets, for leisure purposes, to the two IDs- Devadas Mallya Mangalore and Anupam Khanna-- and their ...
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