The Hindu Business Line : Greenpeace activists turn shareholders

Given an opportunity to speak, the non-government organisation members raised their apprehensions over the setting up of the Dhamra Port, a joint venture between L&T and Tata Steel, alleging that the livelihood of the fisherfolk in the area were at peril.

After about three such shareholders put forward their concern, specifically of the fishermen community, Mr Tata said “Provide us with evidence. When we undertook environmental study your group considered it biased.”

With other shareholders opposing the activists being given the stage, Mr Tata told them that they could meet Mr Muthuraman, Managing Director, at Bombay House on September 10.

Mr Tata, however, informed them that the Tatas were not developing the port and even if it moved out the port would be there, while adding “we assume they are here with one share each,” which an activist acknowledged.

More Stories on : Shipping/Ports | Shareholder Activism | Environment

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