State the relevant provisions in each of the following as per the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Second Amendment) Regulations, 2023 notified as on 14t
CS Professional · Compliance Management, Audit and Due Diligence · PYQS · June 2024
State the relevant provisions in each of the following as per the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Second Amendment) Regulations, 2023 notified as on 14th June, 2023: Special rights to shareholders
Answer & Explanation:
(iii) Special rights to shareholders: As per newly inserted Regulation 31B, any special right granted to the shareholders of a listed entity shall be subject to the approval by the shareholders in a general meeting by way of a special resolution once in every five years starting from the date of grant of such special right.
Topics: SEBI (LODR) Regulations, 2015 (Second Amendment)
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