Listed Companies may issue equity shares that may provide superior voting rights (SR) to be exercised on every resolution except on such resolutions as provided under regulation 41A. Further, a listed entity having SR equity shares issued to its promoters/ founders, may issue SR equity shares to its SR shareholders only through a bonus, split or rights issue as per SEBI (ICDR) Regulations, 2018.

https://www.bseindia.com/downloads/whtsnew/file/SEBI%20(LODR)%20Fourth%20Amendment%20Regulation%202019-CIR-23.pdf


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