If a company has issued equity shares with differential voting rights, can the company demat them ?
if yes, how does the company exercise control over transfer of those demat shares?
thanks
If a company has issued equity shares with differential voting rights, can the company demat them ?
if yes, how does the company exercise control over transfer of those demat shares?
thanks
Hi there
Shares issued with differential voting rights ar for that matter any securtiy (Eqty share , Debenture , Pref shares) Can be de materialised.
A separate ISIN number will be issued by the depositories to those shares as it will be of a different class of Shares.
Control can be easily made as those shares will have different ISIN.
Regards
Jaipal
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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