Centre has eased the minimum public shareholding requirement for companies planning to go public, allowing large firms to offer a smaller portion of shares during their IPOs
Under the revised rules, companies with a post-issue capital of more than ₹5 Lakh Cr will need to offer at least 2.5% of their shares to the public when listing on recognised stock exchanges
SEBI had earlier allowed the changes in minimum shareholding in September last year to facilitate IPOs of large…

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