It is up to shareholders to form a group of a 5% or more holding to lodge a s249d notice to call a meeting to change the board.
BHD did this last year and managed to get their vote passed and new directors installed. This is rare though as most companies like this have a register full of insiders and related parties to vote against any such action.
https://www.asx.com.au/asxpdf/20190426/pdf/444kpg8d8vy889.pdf
Dorian’s group for possible legal action Ideas., page-228
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