Kedia posted on X: “While I condemn the words, the essence is clear: shareholder money must be respected. Incompetent management with fat salaries and perks must not forget—times have changed. India’s 13 crore investors have their own way of expressing themselves. It’s high time… Ek chutki share ki keemat jaan lo, babu…”
His remark referred to a viral video from the microcap ophthalmic equipment maker’s virtual AGM, where shareholder Abhishek Kalra — who holds just one share — launched a blistering attack on the company’s management.
Kalra accused Managing Director Krishna Gopal Gupta of presiding over decades of losses despite his industry experience, declaring bluntly that “not even ten shareholders will walk behind your funeral procession.” He ended his speech by demanding Gupta’s resignation within ten days, stating, “You must resign in 10 days because you cannot run the show.”
The clip went viral after a company official clarified that Kalra owned only one share, adding to the drama and driving the phrase “ek chutki share” across investor circles online.
GKB Ophthalmics, which manufactures lenses and other optical equipment, has been struggling on the bourses. The stock is down 32.27% over the past year and 18.38% year-to-date. Over two years, it has shed nearly 13%. The company has seen a mild recovery in the past three months, with a 10.5% rise.The AGM outburst has become a larger symbol of small shareholders demanding accountability from management. Kedia’s intervention amplified that message, suggesting boards can no longer shrug off minority voices—even if they represent just a single share.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)