Definition
E-Voting
E-voting is the electronic casting of votes by shareholders on company resolutions, before or during a general meeting.
SEBI and the Companies Act require listed companies to provide remote e-voting facilities so shareholders can vote on AGM, EGM and postal-ballot resolutions through approved platforms. This has dramatically increased participation, especially by retail and institutional investors who cannot attend in person.
Results are tallied by a scrutiniser and disclosed to the exchanges. E-voting has empowered proxy advisory firms and institutions to exercise their votes systematically, strengthening shareholder oversight.
Related terms
- Proxy Advisory FirmA proxy advisory firm analyses resolutions at shareholder meetings and recommends how institutional investors should vote.
- Annual General Meeting (AGM)An AGM is the yearly meeting at which a company's shareholders vote on key matters such as accounts, dividends and director appointments.
- Postal BallotA postal ballot lets shareholders vote on resolutions remotely, without attending a physical meeting.
Plain-English explainer from The Dispatch Investors Encyclopedia. General information, not financial advice.