I have a query regarding the rights of share holder...As we all know that Shareholders represent the ownership of the company and the management is fully committed to provide maximum value to the shareholders.
Now I have Shares of So Many Companies (for e.g. A to Z)...here in these companies I'm getting devidend from the companies end and also getting discount offers on consumer durable items from there end on the products which those companies manufacture.
However there is one company (Maruti Suzuki) and the management/employees are enjoying the benefits/Discount Offer on the products manufacture (consumer durable items )by the company but the company is not ready to share the similar discount offer with there shareholders on the product which company manufacture(consumer durable items ), where as the offer which company is giving to its management/employees (All Employees) are enjoying, But still the Shareholders never fight with the organization or indulge in any illegal activities for e.g. The Manesar Plant Case where the Organization lost the life of some of its Esteemed Officers and infrastructure loss besides fire, strike etc… and MSIL bear the entire loss of the organization/ product manufacturing plant with the money invested by its investors.
As per the company the Shareholder will get the similar offer which they have launched for other customers and rest the shareholder can avail only dividend on the same.
Does the memeber in this forum and investor thinks that this is correct.
As we all know the there is a crunch in market and the sales are droped as compare to the previous months.
Being a shareholder of the company who represents the ownership in the company I can say onething if the company issue a policy in the market where in they mention who so ever invest in there shares/company (Min. Quantity) and stick with the company for atleat 6months then the shareholder is also eligible for the discount offers but the management is not ready to accpect the same.
Please let me know weather is it correct the offers are only for Employees not for shareholders and the same employees are indulge in any illegal activities for e.g. The Manesar Plant Case where the Organization lost the life of some of its Esteemed Officers and infrastructure loss besides fire, strike etc… and MSIL bear the entire loss of the organization/ product manufacturing plant.
If i'm asking something from the company I'm asking this as the shareholder represent the ownership of the organization.
I would request the Forum Members and the Shareholders to share there views on the above mentioned query.
Also I would request the Shareholders if possible please come in the forthcoming AGM and raise the voice on the discrimination which the company/management is doing between its shareholders and Management/Employees on 27-August-2013.
12 July 2013
As regards shareholders rights you are entitled for it as the owner to the extant of your shareholding and you have the right to dividend as and when declared, you have the right to attend AGM, you have right to have the financial statements.
As regards the benefits to the employees you as a shareholder cannot claim your right as if the employees agitate for their rights the company will be closed and the shareholders cannot pressure the company cor closer.
You should be very clear that you are the owner and cannot be kept at par with the employees. Yes if the company gives discount to the customer you are also entitled for the same as the market price is reduced through the offer.
12 July 2013
As regards shareholders rights you are entitled for it as the owner to the extant of your shareholding and you have the right to dividend as and when declared, you have the right to attend AGM, you have right to have the financial statements.
As regards the benefits to the employees you as a shareholder cannot claim your right as if the employees agitate for their rights the company will be closed and the shareholders cannot pressure the company cor closer.
You should be very clear that you are the owner and cannot be kept at par with the employees. Yes if the company gives discount to the customer you are also entitled for the same as the market price is reduced through the offer.
CAclubindia
