What is Dominant Promoter Group (DPG)?
An applicant for membership is required to identify a set of maximum four individuals termed as the “Dominant Promoter Group” who are required to hold minimum 51% equity stake/sharing ratio in directly or indirectly in the member company/partnership firm for a minimum period of at least three years from the date of grant of membership. At the end of three years DPG can be changed with exchange’s prior approval.
