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<h1>SEBI Amends Buy-Back Regulations: 'Shares' Now Includes Equity Shares with Superior Voting Rights Under Regulation 3.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Buy-Back of Securities Regulations, 2018, effective from the date of publication in the Official Gazette. This amendment introduces an explanation in regulation 3, clarifying that the term 'shares' includes equity shares with superior voting rights. The amendment is enacted under the authority granted by the SEBI Act, 1992, and the Companies Act, 2013.