Hyundai Motor India made a splash with its Rs 27,870-crore initial public offer (IPO) Stakeholders Empowerment Services (SES) and Institutional Investor Advisory Services (IiAS) have given two different views on related-party transactions (RPTs) proposed by Hyundai Motor India. While SES has asked shareholders to vote against six of the seven proposals, IiAS has okayed all. The one proposal that SES said voters can vote for involves Hyundai Motor Company (HMC), the Seoul, South Korea-based parent company. The voting deadline is March 13, with SES advising against four of the proposals, and HMIL saying it is aware of the SES recommendations and supports the one they have said voters should vote for. It is not clear whether HMIL will go ahead with the one proposal it has said voters are allowed to vote for, or if they will have to wait until after the March 13 deadline to make a decision.