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SEBI tweaks public shareholding norms for listed companies undergoing insolvency resolution

Updated : December 16, 2020 18:10:54 IST

Market regulator SEBI, in its last board meet before the Union budget today (December 16), has tweaked the minimum public shareholding norms for listed companies undergoing corporate insolvency.

CNBC-TV18's Yash Jain reports that as per new norms, companies that want to be relisted after the resolution plan need to have at least 5 percent minimum public shareholding when trading restarts on the stock exchanges and 25 percent minimum public shareholding in 3 years.

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