Public shareholding compliance requires monitoring, prior approvals and freezing measures to enforce ownership limits for listed exchanges. Prescribes mechanisms to maintain public shareholding and enforce ownership limits for listed stock exchanges: continuous category-wise disclosure, depository systems to capture and monitor demat holdings of trading members and related parties, daily monitoring and alerting on threshold breaches, prior approval requirements for acquisitions approaching limits, and freezing of voting rights and corporate benefits until divestment through a special exchange window.
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.
Public shareholding compliance requires monitoring, prior approvals and freezing measures to enforce ownership limits for listed exchanges.
Prescribes mechanisms to maintain public shareholding and enforce ownership limits for listed stock exchanges: continuous category-wise disclosure, depository systems to capture and monitor demat holdings of trading members and related parties, daily monitoring and alerting on threshold breaches, prior approval requirements for acquisitions approaching limits, and freezing of voting rights and corporate benefits until divestment through a special exchange window.
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