"To the wrongs that need resistance, to the rights that need assistance, to the future in the distance, give yourselves." 365 If Carrie Catt was a shareholder in 2019 Instead of a woman in the 19th century, this quote would still make perfect sense and that says a lot about the state of shareholder rights and activism in India. Much like Universal Adult Franchise, Corporate Franchise has been traditionally reserved for those in power, but not anymore. As the State legislates more transparency rules, SEBI enforces more Corporate Governance mechanisms and as the Investors themselves become more informed, Corporate Suffrage becomes more and more prominent in India Inc. Gone are the days when Companies could get away with tactics such as choosing remote locations for AGMs to discourage Investor Participation366, India is on its way to fight concentration of Corporate power socially, legally and academically. But with the creation of a new right, come a ton of ways to misuse it. Misuse so grave that its evils sometimes exceed the right's benevolence. Is shareholder activism taking us down the same path? Are we forgetting that the concept of Separate Entity means the Company's best interests must be forwarded, which include but are not limited to shareholder interests? What about employee rights or corporate social responsibility that is negatively affected by short termism of activists? This part of the paper focusses on the ground reality of shareholder activism in India by discussing case studies and statistical data while analysing the same to determine the effect of activism on Market Operations.