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48 private companies likely to sell shares worth $1.8-bn by June

Last Updated: Tuesday, May 21, 2013, 14:44

As per new norms for listed firms that was implemented in June 2010, all private sector firms have been asked to attain a minimum public holding of 25 percent by June 2013.

Higher holding in promoter firm won't trigger open offer: Sebi

Last Updated: Thursday, August 30, 2012, 18:13

Market regulator Sebi has said an open offer will not be required to be made for public shares of a listed company, merely due to its majority shareholder witnessing a higher holding by its own promoters.

SEBI notifies new takeover norms; open offer trigger at 25%

Last Updated: Friday, September 23, 2011, 19:14

SEBI on Friday notified new takeover rule under which an entity buying 25 percent stake in a listed firm will have to mandatorily make an open offer to buy an additional 26 percent shares from public.