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of <h1>Clarification of Key Definitions in Securities Contracts (Regulation) Rules, 1957: Public, Public Shareholding, Government Company, and More.</h1> The Securities Contracts (Regulation) Rules, 1957, provide definitions for terms used within the rules. 'Form' refers to forms attached to the rules, and 'the Act' denotes the Securities Contracts (Regulation) Act, 1956. A 'Government company' aligns with the definition in the Companies Act, 2013. 'International Financial Services Centre' and its Authority are defined under the International Financial Services Centres Authority Act, 2019. 'Public' excludes promoters, promoter groups, and subsidiaries. A 'public sector company' is a corporate body established by legislation, including government companies. 'Public shareholding' includes equity shares held by the public, excluding those held by employee benefit scheme trusts.
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