SES asks Max Financial shareholders to reject Analjit's comp

SES asks Max Financial shareholders to reject Analjit's compensation


SES asks Max Financial shareholders to reject Analjit’s compensation
April 26, 2021
Max Financial proposed a huge commission to Analjit Singh
Proxy advisory firm SES has asked the shareholders of Max Financial Services (MFS) to vote against the company’s proposal of paying a hefty compensation to its non-executive chairman Analjit Singh. However, if the proposal is accepted by the shareholders, Singh could earn windfall gains. SES said that it seems only Singh was contributing to the company since his commission and remuneration has been fixed so high and there were no pre-defined compensation criteria disclosed by the company.
Compensation details

Related Keywords

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