Whalesbook
The percentage of shareholder resolutions opposed by large institutional investors in Indian companies declined to 13% in the first half of FY25, down from 16% in the same period last year. This trend, observed across Nifty 50 companies as well, is attributed to better regulations, mandatory e-voting, and the growing influence of proxy advisory firms, leading to improved corporate governance. Major areas of disagreement remain board appointments and director remuneration, though promoters continue to pass most resolutions due to significant shareholding.