Corporate Action
This Section Contains :
How to do e-voting?
As a shareholder, an investor can participate in key decisions of a company. E-voting is voting through an electronic system on resolutions of a company requiring members'/shareholders' consent. The need for e-voting arises when a company wishes to pass a resolution through a postal ballot, an annual general meeting, or an extraordinary general meeting.
The e-voting facility is available for resident single-holder accounts. Follow the below steps:
In the 'Products' page, find 'Corporate Actions.'
Once you click on 'Corporate Actions,' you will be provided with two options: buyback and e-voting.
Tap on E-Voting.
Select a DP account to vote from.
Click on 'Proceed to E-Voting.'
You will be redirected to the depository's page.
Complete the process.
How do I participate in Buyback ?
A buyback is a corporate action wherein a company repurchases a portion of its shares from the public (investors), usually at a price higher than the prevailing market rate (at a premium).
Follow the below steps to participate in the buyback:
In the 'Products' page, find 'Corporate Actions.'
Once you click on 'Corporate Actions,' you will be provided with two options: buyback and e-voting.
Tap on 'Buyback.'
If there's any such corporate action applicable to your account, it will be displayed under the 'Buyback' tab.
You can view the BuyBack Status by clicking on the 'Applied' button right next to the 'Buyback' button.
Last updated