No e-voting at Dr Reddy’s AGM

There will be no electronic voting facility for the shareholders in the AGM of Dr Reddy’s Laboratories to be held on July 31, 2014. In a notification to the BSE, the company said the shareholders’ resolutions would be carried out by a ‘show of hands’. “The Ministry of Corporate Affairs has clarified that the provisions of Section 108 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 pertaining to the right to vote by electronic means is not mandatory till December 31, 2014,’’ it said.