Institutional Investor Advisory Services<\/a> (IiAS) recommended voting against the ESOP-related resolutions, stating that such plans should benefit a broad base of employees rather than disproportionately favoring senior management.<\/p>\n\u201cWe believe ESOPs should motivate and reward a wider pool of employees, not just a small group at the top. Therefore, we do not support these resolutions,\u201d IiAS noted.
Regarding the proposed increase in limits for loans, investments, and guarantees, IiAS advised the company to disclose granular details, including recipient companies, the size and nature of their operations, and terms of support, to enable shareholders to make informed decisions.<\/div>\n\n","protected":false},"excerpt":{"rendered":"
Shareholders of Gokaldas Exports voted against four special resolutions related to the company\u2019s employee stock ownership plans (ESOPs), including a proposal to grant ESOPs exceeding 1% of equity to its managing director and vice chairperson, Sivaramakrishnan Ganapathi. Although 63% of participating shareholders supported the resolutions, 37% voted against them. As these were special resolutions, they […]<\/p>\n","protected":false},"author":1,"featured_media":34192,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50],"tags":[29594,29597,29599,2674,29603,23782,29600,29595,4125,29601,10793,29602,29598,3080,29596],"class_list":["post-34191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","tag-employee-stock-ownership-plans","tag-equity-compensation","tag-esop","tag-exports","tag-gokaldas","tag-gokaldas-exports","tag-gokuldas-exports-esop","tag-institutional-investor-advisory-services","tag-key","tag-mumbai-advisory-firm","tag-reject","tag-resolutions","tag-shareholder-voting","tag-shareholders","tag-sivaramakrishnan-ganapathi"],"_links":{"self":[{"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/posts\/34191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/comments?post=34191"}],"version-history":[{"count":0,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/posts\/34191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/media\/34192"}],"wp:attachment":[{"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/media?parent=34191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/categories?post=34191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lsd.hu\/wp-json\/wp\/v2\/tags?post=34191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}