What is DVR in stock market?

DVRs (Differential Voting Rights): The only difference between equity shares and DVRs is that they usually come with fewer voting rights. Meaning, an investor of DVR doesn’t get an equal say in the company’s corporate decisions requiring shareholders’ approval. They usually command lower prices and pay higher dividends to compensate for this differential treatment. In most cases, DVRs are issued to keep off hostile takeovers.

DVRs aren’t commonly found in India but a few companies such as Tata Motors and Jain Irrigation have issued them.