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of <h1>Companies Can Issue Shares with Differential Voting Rights: Key Conditions and Shareholder Approvals Required</h1> Companies may issue shares with differential voting rights if certain conditions are met, including having distributable profits for three preceding financial years, no defaults in filing annual accounts, and no failures in repaying deposits or redeeming debentures. The Articles of Association must authorize such issuance, and the company should not have been convicted under specific financial regulations. Shareholder approval is required, and listed public companies must obtain approval through a postal ballot. The notice must detail voting rights, conversion restrictions, and limits on differential voting shares, which cannot exceed 25% of total share capital.
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