Individuals and Hindu Undivided Family (HUFs), who are equity shareholders of promoter Tata Motors as on the date of the filing of the Red Herring Prospectus with the Registrar of Companies (RoC), will be considered eligible for the initial public offering (IPO), Tata Technologies said in an addendum to its draft red herring prospectus (DRHP) filed with Sebi.
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Technically speaking, DVR shares are restricted only with voting rights. Further detailed explanations can be given by experts on the subject.
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