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of <h1>Equity Rules: Public Must Hold 51% in Stock Exchanges; Individual Limit 5%, Certain Entities 15%, Foreign Holding 49% Max.</h1> The public must hold at least 51% of the equity in a recognized stock exchange. Individuals in India, alone or with others, cannot hold more than 5% equity, except for certain entities like stock exchanges, depositories, banks, insurance companies, and public financial institutions, which can hold up to 15%. Foreign individuals and entities have similar restrictions, with certain foreign entities allowed up to 15%. The total foreign holding cannot exceed 49%. Clearing corporations are prohibited from holding any interest in recognized stock exchanges.
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