Shareholding limits for information utilities allow specified Indian entities majority ownership temporarily, with residency and director nationality conditions. Amendments prescribe a temporary ownership regime permitting up to 51 percent paid-up equity or voting power by a person acting alone or in concert, and permitting an Indian listed company or a company with dispersed individual holdings to hold up to 100 percent of paid-up equity or voting power, each for up to three years from registration provided the information utility is registered before the stated cut-off. They also require that more than half of an information utility's directors be Indian nationals resident in India.