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<h1>Govt amends Securities Contracts Rules, 1957: Redefines 'public shareholding' and mandates 25% minimum for listed companies.</h1> The Central Government has amended the Securities Contracts (Regulation) Rules, 1957, effective from their publication in the Official Gazette. Key changes include a revised definition of 'public shareholding,' which now excludes shares held by trusts for employee benefit schemes. A new rule mandates that if a listed company's public shareholding falls below 25% due to the 2015 amendments, it must be raised to at least 25% within three years, following guidelines from the Securities and Exchange Board of India. This applies to changes resulting from the Depository Receipts Scheme, 2014, and SEBI's Share Based Employee Benefits Regulations, 2014.