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of <h1>New Rules Set Minimum Public Shareholding for Companies Based on Post-Issue Capital; Details in 2014 Amendment.</h1> The Securities Contracts (Regulation) Third Amendment Rules, 2014, issued by the Central Government under the Securities Contracts (Regulation) Act, 1956, amends the 1957 rules. The amendments specify the minimum public shareholding requirements for companies based on their post-issue capital. Companies with post-issue capital up to Rs. 1,600 crore must have at least 25% public shareholding; those with capital between Rs. 1,600 crore and Rs. 4,000 crore must have shares worth Rs. 400 crore publicly held; and companies with capital over Rs. 4,000 crore must have at least 10% public shareholding, increasing to 25% within three years. Certain exceptions apply for companies with pending draft offer documents.
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