Sebi: E-voting mandatory for top 500 firms
The Securities and Exchange Board of India (Sebi) today made it mandatory for top listed firms to provide for electronic voting facilities wherever shareholders are allowed to vote through postal ballot. “To begin with, it would be mandated for top 500 listed companies on the BSE and the NSE based on market capitalisation. Listed companies may choose any one of the agencies which is currently providing the e-voting platform,” Sebi announced after a board meeting on Tuesday.
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