NFRA penalises auditor for lapses in Sobha audit case
The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs 5 lakh on Supreet Sachdev, an auditor who works at BSR & Co. LLP.
Shareholders reject proposals Sobha shareholders vote against resolution for increased remuneration to Ravi Menon
The shareholders of Sobha Ltd have turned down two special resolutions proposed by the company. These resolutions aimed to increase the remuneration of non-executive directors and the chairman, Ravi PNC Menon. To be approved, each resolution needed at least 75% of votes in favour. However, less than
