Owning a company bu promoter

[vaibhavi_Shah]

In general to own a company we must need more than 50% stake of that company

But in many companies promoters are have less than 50 % of shareholding how cum they can be called owner.

Eg in RIL promoters shareholding is around 47% how cum they are owners or decision makers???

[chandru.vks]

@vaibhavi_Shah

But in many companies promoters are have less than 50 % of shareholding how cum they can be called owner.

Because they still hold the majority of stake single handedly.

[vaibhavi_Shah]

yes now i got to know