While Twitter has claimed that Musk is inventing reasons to get out of buying the company, Musk's lawyers say that Twitter is the one holding back the deal by dragging its feet.
According to the scrutinizer report, 99.67 per cent of votes were in favour of Sharma's re-appointment while only 0. 33 per cent voted against the resolution.
Earlier Tuesday, attorneys for Musk accused Twitter of slow-walking document production in advance of the trial to decide whether the Tesla CEO should be forced to complete the deal.
Apart from layoffs, BYJU’S is yet to file its financial results. Earlier, the company delayed payments to shareholders of tuition chain Aakash Educational Services which it acquired for $1 billion.
Chauhan will succeed Vikram Limaye, who demitted office on Saturday, subject to NSE shareholder approval. Limaye did not seek a re-appointment.
As the 5G spectrum auction is around the corner, the company is making fresh efforts to raise funds for the bid.
The shares of foodtech platform Zomato fell 6.40% on Monday following its announcement to acquire quick commerce delivery firm Blinkit Rs 4,447.48 crore in a share swap deal.
LIC declared a dividend of Rs 1.50 per equity share with a face value of Rs 10 each, which is below Street expectations.
The suit alleges the billionaire Tesla boss tweeted and made statements intended to create doubt about the deal, which has roiled the social media platform for weeks.
Also proposed for the board is Akihiro Watanabe, an executive at Houlihan Lockey, a US investment bank. Tokyo-based Toshiba has been trying to win over shareholders to a restructuring plan.
The Wall Street Journal reported Wednesday that U.S. securities regulators are investigating Musk's tardy disclosure that he had bought more than 5% of Twitter shares.
As reported by the Wall Street Journal, discussions between the two camps ongoing and Twitter is taking a fresh look at the offer.
The stock jumped 16.83 per cent to settle at Rs 299.15 on BSE. On NSE, it rallied 16.89 per cent to close at Rs 299.30.
The issue of additional payout to the ex-minority shareholders came up after criticism rose that the promoters enriched themselves too much with the delisting.