What are DVR Shares

DVR shares means differential voting rights shares, these shares carry lesser voting rights as compared to normal equity shares and that is the reason why these DVR trades at lower price than normal share price of stock. DVR shareholders are entitled for dividends from the company and companies issue these DVR because they want to give option to those investors who only want economic benefit in terms of dividend and do not want any voting rights. Different companies will have different conditions attached to DVR in terms of voting rights and dividend. Examples of DVR in Indian companies are that of Tata motors DVR, Gujarat NRE coke DVR, Jain Irrigation DVR etc…

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