The company sold, eiht lak, 20 thousand motor cycles, just five thousand. Since then, growth has been rather unspectacular. The board finally decided to reappoint mister sidarta with a pay hike from from 19 point two one crows per annum to 21 point one three crows per year. This past week, shareholders simply voted against the resolution and he will probably have to bide his time on the side lines.
In today's episode for 23rd August 2021, we talk about Eicher Motors and see why the company's shareholders decided to vote against reinstating Mr. Siddhartha Lal as the Managing Director for another year