E Voting Introduced by Tata Metaliks - Indian Investors Thrilled

Indian investors are very grateful to the initiative taken by Tata Metaliks which has offered the option of E - Voting ( by logging on the Internet ) along with Postal ballot .

Along with Postal ballots AGM / EGM Resolutions should be available for Internet voting by public share holders. Already Indian companies have registered the email addresses of most of the share holders ( under GREEN INITIATIVE ) . This registration should , now , be used for allowing Internet  Voting.

Tata Metaliks has given the following link for E Voting :-

www.evotingindia.com

The Postal ballot further states :-

" If you wish to provide feedback on the e - voting system , click on Suggestions . In case you have any query regarding e voting please contact

helpdesk.evoting@cdsindia.com

==========================================================================


Purpose of www.evotingindia.com

1. To eliminate paper in the voting process. This involves sending of notices and ballot papers and receiving the said ballot votes.
2. Facilitate electronic voting on resolutions of companies in a fair and transparent manner for all classes of security/stakeholders.
3. Enable security holders to vote at a time and place of their convenience.
4. Eliminate postal and other natural delays which cause a hindrance to postal ballot.
5. Increase shareholder participation in shareholder meetings.

The e-Voting platform aims to improve transparency and Corporate Governance standards and also helps in reducing the administrative cost associated with Postal Ballot while facilitating declaration of results immediately after the close of the voting. Additionally investors are also benefited where they can cast their votes on till last day from the comfort of their home / office, while eliminating the chances of their votes being declared invalid.