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CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at www.cvlindia.com; www.cdslindia.comwww.cvlindia.comwww.cdslindia.com.

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Presentation on theme: "CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at www.cvlindia.com; www.cdslindia.comwww.cvlindia.comwww.cdslindia.com."— Presentation transcript:

1 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 1 e-Voting for Corporates

2 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 2 What is e-Voting Internet Based Facility Enables investors to cast their votes any time any where Automated system which records votes and gives results instantaneously Cost efficient model as compared to physical postal ballot

3 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 3 Why e-voting ? Big boost to Corporate Governance Enhance Shareholder Participation Ease of Administration

4 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 4 Legal Existing Provisions - The Companies (Passing of the Resolution by Postal Ballot) Rules, 2001 Rule 2(b):“Postal Ballot” includes voting by share holders by postal or electronic mode instead of voting personally by presenting for transacting businesses in a general meeting of the company However, notices have to be sent in physical form Additional Provisions in The Proposed Companies Bill 2009 Sending of notices of the general meeting by electronic mode. Voting by a shareholder in a general meeting by electronic mode.

5 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 5 Scope Postal Ballot AGM EGM Other Meetings

6 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 6 The Process Setting up of e-voting Upload of Register of Members Issue of Password by CVL Voting commencement Secure login for Scrutinizer Counting of votes resolution wise Declaration of results Data storage

7 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 7 Who can vote ? All Shareholders can vote: All Demat Shareholders Physical security-holders

8 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 8 Modes of voting Internet Postal Ballot Terminals at Venue Phase II  Telephone (IVR)  Mobile

9 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 9 Controls Secured Site BCP & DRS Compliant Secured Access to investors using  Key information known to the investor  Password No Modification of votes Blocking of votes Unblocking of votes Integrity of Data/Audit Trail Maintained

10 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 10 Benefits to Company Cost saved Time saved Compilation of voting data Scrutinizing votes Erroneous compilation eliminated

11 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 11 Demonstration

12 CDSL Ventures Limited A Wholly Owned Subsidiary of Central Depository Services (I) Limited Visit us at 12 Thank You


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