Mutual Funds have bought close to Ten Lakh shares during the month of February at an average price of about Rs. 800. Why will they support the resolution & incur a loss, more so when they collectively have the power to prevent the resolution from going through. How will they justify voting for the resolution to their investors.
In any case, it makes sense to make the effort to vote & defeat the resolution as it is unfair.
Subscribe To Our Free Newsletter |