economictimes.indiatimes.com
Vedanta Resources may face investor ire over bonuses to top three
Edited by : AL CIRCLE
1 min read
Billionaire Anil Agarwal may face problems on July 27 when he addresses shareholders at the annual general meeting of his London-listed mining company Vedanta Resources.
The UK-based pension fund advisory PIRC and Aviva Investors, a shareholder in Vedanta, have urged members to oppose the resolution that seeks approval to award bonuses to three executives of Vedanta, including chairman Anil Agarwal. The mining major has sought shareholders' nod for raising the total remuneration for Agarwal by 26% to £1.7 million.
The UK-based pension fund advisory PIRC and Aviva Investors, a shareholder in Vedanta, have urged members to oppose the resolution that seeks approval to award bonuses to three executives of Vedanta, including chairman Anil Agarwal. The mining major has sought shareholders' nod for raising the total remuneration for Agarwal by 26% to £1.7 million.
Previous article
China 10 nonferrous metal output up by 10pct in H1 2011
Next articleNORSK HYDRO (NOHYP)
Grow with
AL Circle
