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of <h1>New Rules for Public Shareholding in Large Companies: Minimum 5% to 25% Over Five Years.</h1> The Securities Contracts (Regulation) (Amendment) Rules, 2021, issued by the Central Government, amend the Securities Contracts (Regulation) Rules, 1957. These amendments specify that for companies with post-issue capital above one lakh crore rupees, at least five percent of each class of equity shares or convertible debentures must be publicly held, increasing to ten percent within two years and twenty-five percent within five years. Additionally, the amendment mandates that listed companies maintain a minimum public shareholding of five percent following an approved resolution plan under the Insolvency and Bankruptcy Code, 2016. These rules take effect upon publication in the Official Gazette.
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