‘Your funeral will not have 10 followers’: Investors have 1 Share Stuns Microcap AGM

A virtual annual general meeting of GKB ophthalmic, a microca company in the medical equipment segment, has become viral on social media after a shareholder who reportedly has only one share has launched a strongly formulated attack on the company’s management.

The video, widely spread by various X users in their messages, shows investor Absishek Kalra with which the leadership of the company is confronted with regard to performance and management issues.

According to the video, Kalra started recognizing the company’s officials to give an opportunity to speak, but quickly shifted to expressing frustration because he was only assigned for one minute to awaken his worries.

His comments then became more powerful when he addressed the board and focused specifically on the director of the company, Krishna Gopal Gupta.

Kalra called on a religious reference during his speech, which stated that those who do not return the money from investors and act with bad intentions have to do with repercussions in future lives. He then doubted directly in doubt about the faith letters of Gupta, despite his claim of more than 40 years in the ophthalmic industry.

“You claim to have dozens of years of experience and have also set up business authorities abroad, but they never made a profit,” said Kalra, before he ended with a stabbing comment: “When your funeral procession passes, even ten shareholders will follow behind you.”

The shareholder ended his statement by demanding that Gupta will decrease and declare within 10 days: “You have to resign in 10 days because you cannot perform the show.”

Towards the end of the video, Gupta, visibly annoyed, is told that business officials are being asked about the importance of Kalra. A female voice replied that Kalra had only one share in the company and added an unexpected turn to the exchange that fed the circulation of the clip on social media.

GKB Ophtalmics in the History Inserted Prize

The viral episode comes at a time when the shares of the company have achieved a weak return in the medium and long term. In the past year, shares of GKB ophthalmic 32.27%have fallen, while performance on an annual basis has been a negative 18.38%. The six -month trend also reflects a decrease of 2.44%. For a two -year horizon, the share has registered a loss of 12.86%.

However, there has been some recovery in the short term, with an increase of 10.51% in the past three months.

Also read: Rekha Jhunjhunwala solder Nazara for gaming ban but Nikhil Kamath, Madhusudan Kela Help op

((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)