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<h1>Regulation 91I limits institutional placement programme size to ensure public shareholding does not exceed 10% increase.</h1> Regulation 91I of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, limits the size of institutional placement programmes. The total tranches offered by an eligible seller should not increase public shareholding by more than 10% or the percentage needed to meet the minimum public shareholding requirement. In cases of oversubscription, the eligible seller can allot no more than 10% of the offer size. These provisions were introduced through an amendment effective from January 30, 2012.