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SEBI issues norms related to outstanding Special Right Equity Shares

July 31, 2019
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The Market Regulator, SEBI has amended the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 wherein role of independent directors has been increase in listed companies having outstanding special right equity shares. Furthermore, other provision related to outstanding special rights equity shares such as converted to SR equity shares into normal equity shares has been discussed.
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