Last Updated: Wednesday, April 30, 2014, 14:01
The company has been asked to file a report informing Sebi of the outcome of the delisting process within a period of 15 days thereafter.
Last Updated: Wednesday, January 08, 2014, 22:36
A non-promoter entity can't be asked to reduce stake in a listed company if its purchase of shares, without acquiring control of the firm, leads to non-compliance with the minimum public shareholding norms.
Last Updated: Friday, May 31, 2013, 13:43
Racing to meet Sebi's deadline to achieve minimum 25 percent public shareholding by June, offer for sale (OFS) issues -- worth Rs 75 crore -- of four firms, including Modern India, sailed through Friday.
Last Updated: Sunday, May 26, 2013, 17:44
Nearly 87 actively-traded companies, including 75 private entities and 12 state-run units, are yet to comply with the minimum public shareholding (MPS) norms stipulated by the market regulator Sebi.
Last Updated: Sunday, May 12, 2013, 19:06
The issue of shares via institutional placement programme (IPP) is being done to meet market regulator SEBI's guideline on minimum 25 percent public shareholding by June 30 for private sector listed companies.
Last Updated: Thursday, March 21, 2013, 19:24
A total of 190 companies, including 14 PSUs, are yet to meet Sebi-prescribed minimum public shareholding norms, for which they need to sell shares worth an estimated Rs 30,000 crore.
Last Updated: Thursday, March 07, 2013, 22:50
Realty major DLF Thursday said an extra-ordinary general meeting will be held on April 4 to take shareholders' approval for sale of fresh equity shares so as to meet market regulator Sebi's norms of 25 percent minimum public shareholding in a listed company.
Last Updated: Tuesday, March 05, 2013, 14:02
As per market regulator SEBI norms, private sector firms should have a minimum 25 percent public shareholding by June this year.
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