Everybody follows share markets with or without the KNOWLEDGE so there is always a learning opportunity.... I came across some very special class of shares a few days ago while going through the listings on share market transactions, and was suprised why I did not see them earlier.
These shares are called DIFFERENTIAL VOTING RIGHTS SHARES, these are special class of shares where the voting rights for the shares are low, but all other conditions remain same as normal shares,
However the price of these shares is very low compared to the normal shares.there are 3 such shares available right now in indian shares market.
Pantaloon.
Gujrat NRE Coke,
Tata Motors
These shares are available @ significant discount to the normal share price & so the Dividend to be received is very good in terms of %
These shares are called DIFFERENTIAL VOTING RIGHTS SHARES, these are special class of shares where the voting rights for the shares are low, but all other conditions remain same as normal shares,
However the price of these shares is very low compared to the normal shares.there are 3 such shares available right now in indian shares market.
Pantaloon.
Gujrat NRE Coke,
Tata Motors
These shares are available @ significant discount to the normal share price & so the Dividend to be received is very good in terms of %
| Shares | Market Price | Market price to DVR Difference | Dividend | Dividend Yield |
| Pantaloon -Normal | 152 | 0.9 | 0.6% | |
| Pantaloon-DVR | 112 | 26% | 0.9 | 0.8% |
| Tata Motor-Normal | 293.5 | 4 | 1.4% | |
| Tata Motor-DVR | 154 | 48% | 4.2 | 2.7% |
| GUJ NRE COKE-Normal | 17.15 | 1 | 5.8% | |
| GUJ NRE COKE-DVR | 12.05 | 30% | 1 | 8.3% |
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