Kedia posted on X: “Whereas I condemn the phrases, the essence is obvious: shareholder cash have to be revered. Incompetent administration with fats salaries and perks should not neglect—occasions have modified. India’s 13 crore traders have their very own means of expressing themselves. It’s excessive time… Ek chutki share ki keemat jaan lo, babu…”
His comment referred to a viral video from the microcap ophthalmic tools maker’s digital AGM, the place shareholder Abhishek Kalra — who holds only one share — launched a blistering assault on the corporate’s administration.
Kalra accused Managing Director Krishna Gopal Gupta of presiding over many years of losses regardless of his trade expertise, declaring bluntly that “not even ten shareholders will stroll behind your funeral procession.” He ended his speech by demanding Gupta’s resignation inside ten days, stating, “You have to resign in 10 days since you can not run the present.”
The clip went viral after an organization official clarified that Kalra owned just one share, including to the drama and driving the phrase “ek chutki share” throughout investor circles on-line.
GKB Ophthalmics, which manufactures lenses and different optical tools, has been struggling on the bourses. The inventory is down 32.27% over the previous 12 months and 18.38% year-to-date. Over two years, it has shed almost 13%. The corporate has seen a gentle restoration up to now three months, with a ten.5% rise.The AGM outburst has turn into a bigger image of small shareholders demanding accountability from administration. Kedia’s intervention amplified that message, suggesting boards can now not shrug off minority voices—even when they symbolize only a single share.(Disclaimer: Suggestions, solutions, views and opinions given by the consultants are their very own. These don’t symbolize the views of the Financial Occasions)
