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<h1>Minimum public shareholding: IPP and secondary market promoter sales recognised; disclosure rules expanded for warrant proceeds.</h1> Clause 40A is revised to permit meeting minimum public shareholding via an Institutional Placement Programme and to provide for sale of promoter-held shares through the secondary market in accordance with a specified circular, with certain provisos and explanations omitted. Clauses 43 and 43A are amended to require that statements on fund utilisation also cover funds raised on conversion or exercise of warrants issued with public or rights issues of specified securities. The amendments must be incorporated into existing Listing Agreements and take immediate effect under the regulator's statutory powers.