Regulation 8 - Shareholding and transferability restrictions
Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006 Chapter III SHARE HOLDING RESTRICTIONS
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Shareholding restrictions limit resident and foreign ownership in recognised stock exchanges and constrain transfers and board participation. Regulation 8 imposes shareholding limits and transfer constraints in recognised stock exchanges: residents face a cap on equity holdings, with specified institutional exceptions and a transitional reduction requirement; foreign holdings are subject to an aggregate cap with sub limits for direct investment and FIIs, restrictions on acquisition routes, prohibition of FII Board representation, and individual holding ceilings for foreign investors; transfers by shareholders with trading rights are restricted until confirmation under the prior regulation and must comply with Chapter II procedures.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Shareholding restrictions limit resident and foreign ownership in recognised stock exchanges and constrain transfers and board participation.
Regulation 8 imposes shareholding limits and transfer constraints in recognised stock exchanges: residents face a cap on equity holdings, with specified institutional exceptions and a transitional reduction requirement; foreign holdings are subject to an aggregate cap with sub limits for direct investment and FIIs, restrictions on acquisition routes, prohibition of FII Board representation, and individual holding ceilings for foreign investors; transfers by shareholders with trading rights are restricted until confirmation under the prior regulation and must comply with Chapter II procedures.
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