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Minimum public shareholding compliance: listed entities must use specified methods to attain and maintain required public float. Listed entities must achieve prescribed minimum public shareholding by adopting specified methods including issuance to public, offer for sale by promoters, secondary market sale by promoters, Institutional Placement Programme, rights issues and bonus issues with promoters forgoing entitlements, or other SEBI approved methods on a case by case basis; stock exchanges must notify listed entities and publish the circular, and SEBI will consider alternate proposals and communicate decisions within thirty days.
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.
Minimum public shareholding compliance: listed entities must use specified methods to attain and maintain required public float.
Listed entities must achieve prescribed minimum public shareholding by adopting specified methods including issuance to public, offer for sale by promoters, secondary market sale by promoters, Institutional Placement Programme, rights issues and bonus issues with promoters forgoing entitlements, or other SEBI approved methods on a case by case basis; stock exchanges must notify listed entities and publish the circular, and SEBI will consider alternate proposals and communicate decisions within thirty days.
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