scorecardresearchIDBI stake sale: Govt knocks on SEBI’s door for easing of 25% public shareholding rule

IDBI stake sale: Govt knocks on SEBI’s door for easing of 25% public shareholding rule

Updated: 07 Sep 2022, 11:51 AM IST
TL;DR.
Govt reaches out to markets regulator for two-year relaxation to give a strategic investor five years to comply with norms
Under the existing rules, listed firms are meant to have a public shareholding of at least 25 per cent within three years of being listed.

Under the existing rules, listed firms are meant to have a public shareholding of at least 25 per cent within three years of being listed.