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    <title>SUPERIOR VOTING RIGHTS EQUITY SHARES</title>
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    <description>Introduction of Special Voting Rights Equity Shares creates a regulated class of equity with superior voting power, issuable to executive promoters/founders subject to eligibility, shareholder resolution authorisation, holding and integer voting ratio limits, lock in and pledge prohibitions, transfer restrictions, and eligibility toward minimum promoters&#039; contribution. Listed issuers with outstanding SR shares must disclose SR rights, meet due diligence and prospectus requirements, observe governance enhancements requiring substantial independent director representation across the board and committees, treat SR shares pari passu for dividends, and comply with specified conversion triggers, compulsory conversion events, and an overall cap on SR shareholder voting power.</description>
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    <pubDate>Tue, 03 Sep 2019 15:26:33 +0530</pubDate>
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