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SEBI proposes norms for issuance of Differential Voting Rights shares

June 28, 2019
The Market Regulator, SEBI has proposed framework for issuance of Differential Voting Rights along with amendments to the relevant SEBI Regulations to give effect to the framework. The new framework has discussed various provisions related to eligibility, listing and lock-in, Rights of shares, enhance corporate governance, coat-tail provisions, sunset clauses and fractional right shares.
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