Question

What is the maximum limit to issue of DVR shares by an

Q: Answer-What is the maximum limit to issue of DVR shares by an eligible company, as per revised SEBI regulat...

As per the revised rules i.e. Companies Share Capital Debentures Rules, 2014 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

eligible company, as per revised SEBI regulations?

A 26% of total paid-up capital

B 74% of total paid up capital

C 26% of total voting power

D 74% of total voting power

E No such limit

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What is the maximum limit to issue of DVR shares by an

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