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      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
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      TCS is here to make a difference through technology.

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      Find the latest news about TCS in our Newsroom

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      Discover more
    • Press releases

      Recent Press releases

      15 May 2025 TCS Recognized as One of the World’s Top 50 Brands by Kantar BrandZ; Brand Value Soars 28% YoY to $57.3Bn
      14 May 2025 TCS Partners with Khan Bank to Future-Proof its Operations, Enhance Customer Experience and Propel Innovation leveraging AI and ML
      12 May 2025 TCS Partners with Dhofar Insurance Company to Transform its Core Insurance Platform
      View all
    • News alerts

      Recent News

      02 May 2025 TCS Ranked Denmark’s #1 IT Service Provider for Customer Satisfaction in 2025
      11 Apr 2025 TCS Partners with Google Cloud to Accelerate AI-led Transformation in the Retail Sector
      01 Apr 2025 TCS Unveils the TCS Digital Twindex Report for Future-Ready Manufacturing
      View all
    • Analyst recognition

      Recent recognitions

      22 Apr 2025 TCS Ranked #6 Amongst Banking Technology Providers and Recognized as a Regional Leader across all Geographies by Everest Group
      17 Apr 2025 TCS BaNCS Named a Leader Among Wealth Management Products by Everest Group
      01 Apr 2025 TCS Positioned as a Leader in Worldwide Discrete Manufacturing Product Lifecycle Management Strategic Consulting Services and Systems Integration by IDC MarketScape
      View all
    • Events

      Upcoming events

      11 Jun 2025 TCS and PTC Present the North America Leadership Forum 2025
      04 Jun 2025 Veeva R&D and Quality Summit: Developing Better Health Outcomes
      02 Jun 2025 Siemens Realize LIVE: Discussing Technology and Digital Transformation
      View all
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      Tata Consultancy Services Limited
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    • Quartz™ - The Smart Ledgers™
    • Solutions

    Quartz for General Meeting Services

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    Solution

    Quartz™ - The Smart Ledgers™ This will open an overlay

    Quartz™: Creating collaborative ecosystems using resilient technology

    Discover the transformative power of TCS' Quartz™ Smart Solutions that empower clients to build blockchain-based solutions and see tangible, real-world results.
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    20 Dec 2024

    Highlights

    • Legacy infrastructure, processes, and the reliance on in-person presence make AGMs and voting events time consuming and tend to result in low shareholder turnout and the lack of visibility and control in corporate compliance.
    • Quartz for General Meeting Services provides a real-time digital view of such events to shareholders across geographies while automating the operational processes end-to-end.
    • The meeting results are cryptographically stored on the blockchain ensuring that it is tamperproof thereby enabling transparency and immutability, boosting investor confidence, and meeting regulatory requirements.

    Quartz for General Meeting Services

    Boost shareholder turnout with fully automated, accessible, and auditable annual general meetings.

    Abstract

    The pandemic magnified the critical need for a robust digital infrastructure for shareholder meetings, and the adoption to online meetings is an opportunity to create a paradigm shift in this space.

    A Distributed Ledger Technology (DLT)-powered solution also enables transparency and immutability, boosting investor confidence and meeting regulatory requirements. The resolutions proposed and the voting results are cryptographically stored on the distributed ledger ensuring that they are tamper-proof. The ecosystem supports investors participating across geographies, eliminating the logistical challenges, and reducing the efforts in collecting votes. Computation of voting results can be conducted immediately, and the results can be announced within a shorter timeframe.

    Challenge

    The traditional world of general meetings (AGMs) has for long been challenged with ensuring sufficient investor participation and transparency. There are significant manual interventions leading to delayed and costly processes. The physical ballot voting process leads to delayed result announcements.

    Solution

    Quartz Smart Solution for General Meeting Services is a cloud-ready, DLT-powered virtual meeting solution. The solution streamlines AGMs by introducing automation right from the setup to collection and consolidation of votes to real-time computation and dissemination of voting results upon closure.

    Benefits

    • The solution enhances investor participation across geographies by eliminating logistical challenges.
    • Real-time view of voting status, results, and resolution data for the participants ensures greater transparency.
    • The tamperproof ledger ensures sanctity of votes cast, and audit trail for end-to-end tracking of changes to voting and resolution data.
    • Data confidentiality as each node/firm has access to clauses/sections relevant for them which is essential in meeting service events.
    • Administration and monitoring of the ecosystem through the Command Center.
    • Voting computation through Smart Contracts helps with timely result announcements.

    Related reading

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    Transformation starts here

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