OYO’s 'Bonus CCPS' postal ballot draws scrutiny
OYO’s 'Bonus CCPS' postal ballot has drawn scrutiny for allegedly favouring insiders over retail investors. It reportedly offered two options: a default Class A giving 1 share per 6,000 held and a Class B requiring complex paperwork within 3 days, rewarding 1,109 shares per 6,000. Critics say the design benefited promoters like Ritesh Agarwal and SoftBank.