E-voting by listed companies urgent
This query is : Resolved
02 August 2014
Mitesh ji, Are you very sure about the provisions. All Companies are complying with the same for their AGM before 1st Oct, 2014.
Please revert back
Please revert back
CS Mitesh Mehta
(Expert)
02 August 2014
Dear Kushboo,
From the sources i found that Revised Listing agreement clause 35B applicable to all listed companies, is already effective.
2 By Companies (Management and Administration) Amendment Rules 2014, dated 23rd June 2014, the e-voting facility has been made mandatory only for a general meeting held on or after 1st January 2015. However, in case of listed companies, SEBI’s amendment by insertion of Clause 35B in the Listing Agreement mandates listed companies to provide e-voting facility immediately.
From the sources i found that Revised Listing agreement clause 35B applicable to all listed companies, is already effective.
2 By Companies (Management and Administration) Amendment Rules 2014, dated 23rd June 2014, the e-voting facility has been made mandatory only for a general meeting held on or after 1st January 2015. However, in case of listed companies, SEBI’s amendment by insertion of Clause 35B in the Listing Agreement mandates listed companies to provide e-voting facility immediately.
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