Finance · Financial Markets
As per the SEBI (SAST) Regulations, 2011, which of the following best defines the term 'control'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ownership of convertible securities that can change the management structure
- 2The right to attend and vote at all general meetings of the company
- 3The right to appoint majority of the directors or to control the management or policy decisions, directly or indirectly✓
- 4Ownership of more than 10% of the equity share capital
Correct answer
The right to appoint majority of the directors or to control the management or policy decisions, directly or indirectly
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