Listed companies get 3 years to meet criteria of minimum 25% public shareholding
Updated : August 01, 2020 07:45 PM IST
The government is providing more time to listed entities to meet the criteria of minimum public shareholding of 25 percent.
The changes have come into force from July 31, the date of their publication in the official gazette, it said.
Once a company is listed, its promoters are required to bring down their shareholding down to 75 percent