| Management proposals |
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1
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Accept Financial Statements and Statutory Reports
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For
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For
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2
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Reelect Arun Sarin as Director
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For
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For
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3
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Reelect Manoj Kumar Kohli as Director
Vote rationale:
Shareholders should have the right to seek changes to the board when it does not act in their best interest. We will consider whether the board has failed to act on material requests from shareholders, sought to circumvent shareholder proposals or implemented governance changes limiting shareholders’ rights without their approval. When voting on a proposal to discharge the board of responsibilities, we will consider whether any information raises reasonable doubt about the board’s actions. We will also take into considerations unsatisfactory financial and strategic performance, mismanaged risk-taking, unacceptable treatment of stakeholders or undesired environmental or social outcomes from company operations.
Global Voting Guidelines
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For
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Against
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4
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Reelect Shradha Sharma as Director
Vote rationale:
Shareholders should have the right to seek changes to the board when it does not act in their best interest. We will consider whether the board has failed to act on material requests from shareholders, sought to circumvent shareholder proposals or implemented governance changes limiting shareholders’ rights without their approval. When voting on a proposal to discharge the board of responsibilities, we will consider whether any information raises reasonable doubt about the board’s actions. We will also take into considerations unsatisfactory financial and strategic performance, mismanaged risk-taking, unacceptable treatment of stakeholders or undesired environmental or social outcomes from company operations.
Global Voting Guidelines
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For
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Against
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5
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Increase Authorized Share Capital and Amend Clause V of the Memorandum of Association
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For
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For
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6
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Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights
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For
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For
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