{"id":282925,"date":"2019-07-18T05:55:59","date_gmt":"2019-07-18T05:55:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282925"},"modified":"2019-07-18T06:15:30","modified_gmt":"2019-07-18T06:15:30","slug":"indigo-promoters-skipped-most-board-meetings-says-iias-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-promoters-skipped-most-board-meetings-says-iias-report\/","title":{"rendered":"IndiGo promoters skipped most board meetings, says IiAS report"},"content":{"rendered":"<p>IndiGo\u2019s promoters attended less than 40 per cent of the board meetings in FY16 and FY17, according to proxy advisory firm Institutional Investor Advisory Firm (IiAS). <\/p>\n<p>\u201cThe lack of promoter attendance at board meetings and a relatively small board composition can be interpreted in two ways \u2014 that the company was professionally managed and did not need the promoters\u2019 intervention, or that the promoters controlled the business and its operations, and that the board had a limited role. Given the discourse from both sides, it seems more the latter than the former,\u201d IiAs said in its report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo\u2019s promoters attended less than 40 per cent of the board meetings in FY16 and FY17, according to proxy advisory firm Institutional Investor Advisory Firm (IiAS). \u201cThe lack of promoter attendance at board meetings and a relatively small board composition can be interpreted in two ways \u2014 that the company was professionally managed and did not need the promoters\u2019 intervention, or that the promoters controlled the business and its operations, and that the board had a limited role. Given the discourse from both sides, it seems more the latter than the former,\u201d IiAs said in its report.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-282925","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282925"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282925\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}