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of <h1>New Amendment: Companies Must List Superior Voting Rights Shares on Same Exchange as Ordinary Shares.</h1> The Securities Contracts (Regulation) (Amendment) Rules, 2020, issued by the Central Government under section 30 of the Securities Contracts (Regulation) Act, 1956, introduce changes to the 1957 rules. The amendments require companies issuing equity shares with superior voting rights to list these shares on the same recognized stock exchange as their ordinary shares when offering them to the public. Additionally, the minimum offer and allotment requirements do not apply to these superior voting rights shares when the company seeks to list its ordinary shares for public offering. These changes took effect upon publication in the Official Gazette.
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