Latest Securities Contracts (Regulation) Amendment Rules News & Updates

Government Amends Rules for Minimum Public Shareholding in Large Companies

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New Delhi, March 14 (IANS) The government has amended rules governing minimum public shareholding for large companies by introducing a tiered structure that allows large firms to offer a smaller portion of shares to the public during IPO, and do staged increases to the 25 per cent level.The amendment links minimum public offers to a company’s post‑issue capital at the IPO price. Companies with post‑issue capital above Rs 1,600 crore but up to Rs 4,000 crore must offer shares worth at least…