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Decoding the proposed amendments to securities regulations: Here is everything you need to know

Updated : July 17, 2019 01:21 PM IST

SDVRs shall be converted into ordinary shares within 5 years of listing, which can be extended for an additional 5 years.
Given the increasing instances of founders insisting on higher control, despite economic dilution due to multiple funding rounds, Sebi’s approval is a welcome step.
Decoding the proposed amendments to securities regulations: Here is everything you need to know
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