Valuation of Differential Voting Rights (DVR) Shares

DVR

The Securities and Exchange Board of India (SEBI) has taken certain notable decisions at its board meeting on 27 June 2019. Among other decisions, SEBI has approved a framework for issue of differential voting rights (DVR) shares. Differential voting rights have disproportionate rights as compared to their economic ownership, and as such, go against the principle of one vote, one share. Read More

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