HDFC investors voted against me over directorships: Parekh
Mortgage lender HDFC's chairman Deepak Parekh has said US proxy advisory firm ISS advised investors to vote against his reappointment due to his directorship in many listed companies. Parekh, who received 22.64% negative votes, said ISS had made similar recommendations in the past as well. Parekh will remain on HDFC board as he received over 75% votes in his favour. 