Overview
- Video from the meeting shows investor Abhishek Kalra castigating managing director Krishna Gopal Gupta with curses and mythological references after being given a one‑minute speaking slot.
- Kalra accuses management of destroying value, diverting resources to loss‑making ventures in the UAE and US, and favoring family‑linked interests.
- Company officials repeatedly asked him to maintain decorum, checked his shareholding during the exchange, and then dismissed him from the session.
- Reports diverge on his stake: Mint and Hindustan Times cite a single share worth about ₹80, while India Today reports he said he owns one percent, and no clarification has been issued.
- The flare‑up follows weak returns at the lens maker, with the stock down about 32% over one year and 18% year‑to‑date, at a company long run by the Gupta family since its 1981 incorporation.