Dec 18 (Reuters) - Diversified manufacturer Ingersoll-Rand Co Ltd said it will seek shareholder approval to amend its by-laws on the election of directors to implement majority voting of nominees for the position. The Hamilton, Bermuda-based company said it will also hold a "say-for-pay consultation plan" with large shareholders in the third quarter of each year on its corporate governance practices, including executive compensation. (Reporting by Aditi Samajpati in Bangalore)
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