complete online personal finance knowledge book

Self Browse :


A promoter is an individual or a family who controls a company. In a listed company, a promoter may or may not have majority shares. But unlike mutual funds or insurance companies who may hold shares without participating in day-to-day management, a promoter has management control.

A promoter has special place in the law – it protects him to some extent from an outsider taking control of the company by buying sufficient number of shares. In India, many financial institutions are known to usually side with the promoter in the Board – giving him further protection from outside takeover.

List of All Glossaries

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling