The dispute between the Gafisa (GFSA3) and the Esh Capital got another development this weekend. A CVM (Securities Commission) decided that the call for an extraordinary general meeting (AGE) made by Esh is irregular, shows a statement sent to the market yesterday (16) by Gafisa.
The meeting, which would take place this Monday (18), would deliberate the proposal for a liability action against part of the board of directors and the board of directors of the developer.
What happened was that Gafisa had already set a date for the meeting — April 26th — and thus stated that it did not recognize the call made by Esh. The situation reached the CVM through the Stockholm and Ravello funds, shareholders of the company.
According to the statement released on Saturday night (16), the CVM board decided, unanimously, “not to interrupt the period in advance for calling the EGM scheduled for 03/18/2024 [realizada pelo acionista Esh Theta Fundo de Investimento Multimercado]immediately recognizing the irregularity in its summons (…)”.
Source: Moneytimes
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