https://www.taxtmi.com/acts?id=37302 SR equity shares are treated at par with ordinary equity shares except for voting; total voting rights of SR shareholders together with ordinary shares upon listing shall not exceed seventy four per cent, and SR shares assume ordinary voting parity (one vote per share) in specified circumstances such as appointment/removal of independent directors or auditor, transfer of promoter control, related party transactions involving an SR shareholder, voluntary winding up, certain constitutional changes, insolvency resolution initiation, misuse of funds, material substantial value transactions, delisting or buy back special resolutions, and other Board specified situations. en-us Wed, 31 Jul 2019 11:54:19 +0530 Tue, 13 Aug 2024 15:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37302 SR equity shares are treated at par with ordinary equity shares except for voting; total voting rights of SR shareholders together with ordinary shares upon listing shall not exceed seventy four per cent, and SR shares assume ordinary voting parity (one vote per share) in specified circumstances such as appointment/removal of independent directors or auditor, transfer of promoter control, related party transactions involving an SR shareholder, voluntary winding up, certain constitutional changes, insolvency resolution initiation, misuse of funds, material substantial value transactions, delisting or buy back special resolutions, and other Board specified situations. Act-Rules SEBI Wed, 31 Jul 2019 11:54:19 +0530 https://www.taxtmi.com/acts?id=37302