Tag: Public Shareholding
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SEBI Provides Major Relief on Minimum Public Shareholding Rules
Introduction The Securities and Exchange Board of India (SEBI) has made a pivotal announcement that will have significant implications for companies planning to go public. On September 12, during a crucial board meeting, SEBI decided to grant a 10-year extension for compliance with the Minimum Public Shareholding (MPS) regulations. This move aims to facilitate a…