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TMI BlogAmendment to the Equity Listing Agreement - Platform for E-Voting by Shareholders of Listed EntitiesX X X X Extracts X X X X X X X X Extracts X X X X ..... ough postal ballot apart from those businesses which are to be transacted mandatorily through postal ballot. Further, SEBI (Buy Back of Securities) Regulations, 1998, SEBI (Delisting of Equity Shares) Regulations, 2009, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 require listed companies to pass certain additional businesses through postal ballot. 2. As per section 192A, a postal ballot also includes voting by electronic mode. It had been the endeavor of the Central Government to provide wider participation of shareholders in decisions of the companies through electronic voting process. Hon ble Finance Minister in his budget speech for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as per the Annexure. 5. In order to effectively implement the process of e- voting, : (a) the concerned listed companies shall choose any one of the agencies, which is currently providing e-voting platform for this purpose; (b) agencies providing such e-voting platform shall ensure that the process for e-voting is explained in the e-voting platform along with necessary FAQs and shall also ensure that the draft resolutions, explanatory statement and other annexures, if any, sent to the shareholders are displayed prominently in the concerned page of the e- voting platform. 6. The amendment as specified in Annexure shall be applicable for the shareholders meetings, for which notices are issued on or after October 01, 2012. Howe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Postal Ballot) Rules, 2001 for shareholders to send their assent or dissent. (ii) Issuer shall continue to enable those shareholders, who do not have access to e-voting facility, to send their assent or dissent in writing on a postal ballot pursuant to the provisions of the Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 or amendments made thereto. (iii) Issuer shall utilize the service of any one of the agencies providing e-voting platform, which is in compliance with conditions specified by the Ministry of Corporate Affairs, Government of India, from time to time. (iv) Issuer shall mention the Internet link of such e-voting platform in the notice to their shareholders ***************** - Circular - Tra ..... X X X X Extracts X X X X X X X X Extracts X X X X
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