Question
What is the maximum limit to issue of DVR shares by an
eligible company, as per revised SEBI regulations?Solution
As per the revised rules (i.e. Companies (Share Capital & Debentures) Rules, 2014)Â Â issued by SEBI in 2019 with respect to the issue of DVRs, SEBI allowed the issue of DVRs with superior voting rights (SRs) subject to certain conditions. The limit of issue has been fixed as - the voting power of DVRs with SRs shall not exceed 74% of total voting power. Note - this limit was changed from earlier limit of 26% of the total post-issue paid up equity share capital including DVR equity shares
What is the main focus of the Digital General Crop Estimation Survey (DGCES) discussed in the national conference?
India recently unveiled the ‘Zorawar’ light tank to bolster military capabilities in high-altitude environments. This tank was developed jointly by ...
What is the base year for the Quick Estimates of IIP (Index of Industrial Production)?
Which historic achievement is celebrated by the Government of India with the declaration of August 23rd as "National Space Day"?
With reference to the Banking Laws (Amendment) Act, 2025, consider the following statements:
1. The Act redefines the threshold for ‘substantia...
Which center recently collaborated with IIT-Roorkee and IIT Mandi to develop 'Cell-Free' 6G Access Points?
What is the significance of the Carbon Credit Trading Scheme (CCTS) mentioned in the Economic Survey 2023-24?
Which mutual fund industry body was directed by SEBI to conduct industrywide stress tests?
In July 2024, which entity approved a combined loan and grant totaling USD 215.6 million for the Small Industries Development Bank of India's (SIDBI) pr...
With reference to the recent initiatives of BSE Asia Index, consider the following statements:
1. Asia Index, now a wholly-owned subsidiary of BS...
