Business | Edited by Prashun Talukdar | Wednesday September 22, 2021
IDFC shareholders have decided to reject the reappointment of Vinod Rai as Non-Independent and Non-Executive Director to the Board. In a notification to the exchanges on Wednesday, IDFC stated that the resolution "has not got the requisite majority and hence is not passed." The decision comes after the 24th Annual General Meeting (AGM) of the firm.
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