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<h1>New Rules Lower Minimum Public Shareholding to 10% for Companies Listing in International Financial Services Centres.</h1> The Securities Contracts (Regulation) Amendment Rules, 2024, issued by the Central Government, amend the existing Securities Contracts (Regulation) Rules, 1957. These changes include defining 'International Financial Services Centre' and 'International Financial Services Centres Authority' as per the International Financial Services Centres Authority Act, 2019. The amendments modify the listing requirements for companies in these centers, reducing the minimum public shareholding requirement from 25% to 10% for companies seeking to list on recognized stock exchanges within these centers. These rules take effect upon publication in the Official Gazette.