Question 02 Star Painter Limited (SPL), a listed company with paid up share capital of 100 million shares of Rs. 10/ each is planning to purchase heavy equipment from a supplier by issuing 25 million shares to the supplier at a premium of Rs.2- per share. The Board intends to issue non-voting ordinary shares to the supplier In the light of provisions contained in the Companies' Share Capital (Variation Rights in and Privileges) Rules, 2000 answer the following: Required: i) Advise Board of Directors about the requirements which SPL needs to comply with for issuing non-voting ordinary shares. ii) Specify the variation in Rights and Privileges associated with different classes of shares