UK's Ricardo turns down shareholder Science Group's call to shuffle board
14/03/2025 15:36
March 14 (Reuters) - British consulting firm Ricardo Plc RCDO.L on Friday rejected shareholder Science Group's SAGS.L demand to replace its chair and two other directors, saying the demand was not in the interests of Ricardo's other shareholders. UK's science and technology consultancy firm Science Group, which holds an over 15% stake in Ricardo, has asked the firm to make the board changes or it would call for a general meeting, the latter said. (Reporting by Prerna Bedi in Bengaluru; Editing by Shailesh Kuber) ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))