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Cos. having equity Shares with superior voting rights have to list its shares in recognized stock exchange

March 20, 2020
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The Ministry of Finance has notified rule as Securities Contracts (Regulations) (Amendment) Rules, 2020 whereby new proviso has been inserted which stated that the applicant company, who has issued equity shares having superior voting rights to its promoters or founders shall mandatorily list its equity shares at recognized stock exchange along with the ordinary shares being offered to public.
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