Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted
Name of the Insurer: Future Generali India Insurance Company Limited
Period of Reporting: April 2023 – June 2023
Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of the proposal | Management Recommendation | Vote | Reason supporting the vote decision |
| (For / Against / Abstain) | |||||||
| 4/28/2023 | RELIANCE INDUSTRIES LIMITED | To approve the proposed Scheme of Arrangement between Reliance Industries Limited and its shareholders and creditors & Reliance Strategic Investments Limited and its shareholders and creditors | For | • We believe that RIL’s demerger of its financial services undertaking into Reliance Strategic Investments Ltd (RSIL) provides the opportunity to potentially attract a different pool of investors and strategic partners. • Additionally, we believe that the reorganization will have no impact on the consolidated financials. • RIL is expected to retain its investment grade international (BBB+/ Baa2), and domestic (AAA) credit ratings. • Our investment will still be in the parent company, Reliance Industries Limited, and all debt servicing (interest and maturity) will be done by RIL. • All debt covenants are complied with | |||
| 4/28/2023 | RELIANCE INDUSTRIES LIMITED | To approve the proposed Scheme of Arrangement between Reliance Industries Limited and its shareholders and creditors & Reliance Strategic Investments Limited and its shareholders and creditors | For | • We believe that RIL’s demerger of its financial services undertaking into Reliance Strategic Investments Ltd (RSIL) provides the opportunity to potentially attract a different pool of investors and strategic partners. • Additionally, we believe that the reorganization will have no impact on the consolidated financials. • RIL is expected to retain its investment grade international (BBB+/ Baa2), and domestic (AAA) credit ratings. • Our investment will still be in the parent company, Reliance Industries Limited, and all debt servicing (interest and maturity) will be done by RIL. • All debt covenants are complied with | |||
Place: Mumbai
Signature of Compliance Officer
Date: 11/08/2023
Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted
Name of Insurer: Future Generali India Insurance Company Limited
Period of Reporting: July 2023 - September 2023
Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of the proposal | Management Recommendation | Vote | Reason supporting the vote decision |
| (For / Against / Abstain) | |||||||
| NIL | |||||||
Place: Mumbai
Signature of Compliance Officer
Date: 15/11/2023
Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted
Name of Insurer: Future Generali India Insurance Company Limited
Period of Reporting: October 2023 - December 2023
Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of the proposal | Management Recommendation | Vote | Reason supporting the vote decision |
| (For / Against / Abstain) | |||||||
| NIL | |||||||
Place: Mumbai
Signature of Compliance Officer
Date: 14/02/2024
Disclosure of voting activities in general meetings of investee companies in which the insurers have actively participated and voted
Name of Insurer: Future Generali India Insurance Company Limited
Period of Reporting: January 2024 - March 2024
Meeting Date | Investee Company Name | Type of Meeting (AGM/EGM) | Proposal of Management/ Shareholders | Description of the proposal | Management Recommendation | Vote | Reason supporting the vote decision |
| (For / Against / Abstain) | |||||||
| NIL | |||||||
Place: Mumbai
Signature of Compliance Officer
Date: 15/05/2024
