India exempts state-run firms from meeting public shareholding norms for 2 years, document shows

All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25 per cent as per the market regulator’s rules.

Credit: Reuters File Photo

New Delhi: India has exempted all state-run firms from meeting public shareholding norms for two years until August 2026, according to a document seen by Reuters.

All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25 per cent as per the market regulator’s rules.

 

Source: https://www.deccanherald.com/business/markets/india-exempts-state-run-firms-from-meeting-public-shareholding-norms-for-2-years-document-shows-3131908

Exit mobile version