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Public shareholding News

09 Oct 2014

Govt notifies 25% minimum public holding norms for listed PSUs

Paving way for sale of PSU shares worth an estimated Rs 60,000 crore over three years, the government has notified rules for minimum 25 percent public shareholding in listed state-owned firms.

United Spirits Ltd

22 Sep 2014

United Spirits to offload 11.35% stake in Pioneer Distilleries

United Spirits Ltd will sell 11.35 percent stake in Pioneer Distilleries Ltd to comply with regulatory requirements of having 25 percent public shareholding.

19 Aug 2014

BSE to shift 11 firms to 'T' group; NSE 1 scrip

Leading stock exchange BSE has decided to move stocks of 11 firms to the restricted trading segment from next week for their failure to convert mandatory 50 percent public shareholding into dematerialised format.

19 Jun 2014

PSUs to have 25% minimum public shareholding: SEBI

To bring uniformity in rules, capital market regulator SEBI Thursday cleared a proposal for ensuring at least 25 percent public holding in all the listed state-owned companies within three years.

19 Jun 2014

SEBI unveils reform measures; PSUs need 25% public shareholding

Approving a slew of reform measures, the SEBI board Thursday said that all listed PSUs should achieve a minimum public shareholding of 25 percent within three years.

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