Question
Which of the following is true about SR Equity Shares (Superior Voting rights) that can be listed on stock exchange at IFSC (i) Superior voting right shares, offer a higher dividend than ordinary shares (ii) They do not subscribe to the rule of one share-one vote (iii) It’s a very old concept in India (iv) One of the reasons for introduction of SR shares was to encourage such promoters/founders who have an executive position in the company to retain a certain amount of control for a limited period
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