https://www.taxtmi.com/news?id=21891 Amendments expand the framework for issuance of shares with Differential Voting Rights by substantially raising the cap on voting power allocable to DVR shares and removing the former three-year distributable profits prerequisite, thereby broadening eligibility to issue DVRs. The rules also extend the permissible period for startups recognized by the DPIIT to grant Employee Stock Options to promoters or directors with significant equity from the prior five-year limit to a longer ten-year window from incorporation. en-us Fri, 16 Aug 2019 18:13:58 +0530 Fri, 16 Aug 2019 18:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21891 Amendments expand the framework for issuance of shares with Differential Voting Rights by substantially raising the cap on voting power allocable to DVR shares and removing the former three-year distributable profits prerequisite, thereby broadening eligibility to issue DVRs. The rules also extend the permissible period for startups recognized by the DPIIT to grant Employee Stock Options to promoters or directors with significant equity from the prior five-year limit to a longer ten-year window from incorporation. News - Fri, 16 Aug 2019 18:13:58 +0530 https://www.taxtmi.com/news?id=21891