Under Section 47 Companies Act 2013, an equity shareholder's voting rights are normally:

1. Section 47(1) Companies Act 2013: 'Subject to the provisions of section 43 and sub-section (2) of section 50, every member of a company limited by shares and holding any equity share capital therein, shall have a right to vote on every resolution placed before the company; and his voting right on a poll shall be in proportion to his share in the paid-up equity share capital of the company.' 2. Hence the principle is ONE VOTE PER SHARE (on poll) — voting is wealth-weighted, not headcount-weighted. 3. On a show of hands, each member has ONE vote (Section 47(1) proviso). 4. Preference shareholders have voting rights only on certain matters under Section 47(2). 5. Hence option A is correct. _Source: Companies Act 2013 (Act 18 of 2013), Govt. of India MCA — Companies Act 2013, Section 47(1)_