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of <h1>New Rule 19A: Listed Companies Must Restore Public Shareholding to 25% Within 3 Years Post-Insolvency Plan.</h1> The Securities Contracts (Regulation) (Amendment) Rules, 2018, issued by the Ministry of Finance, amends the Securities Contracts (Regulation) Rules, 1957. Effective upon publication, the amendment introduces a new sub-rule to Rule 19A. It mandates that if a listed company's public shareholding drops below 25% due to a resolution plan under the Insolvency and Bankruptcy Code, 2016, the company must restore it to 25% within three years. If the shareholding falls below 10%, it must be increased to at least 10% within eighteen months, as per guidelines by the Securities and Exchange Board of India.
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