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    <title>Non-compliance with the Minimum Public Shareholding (MPS) requirements</title>
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    <description>Non-compliance with the Minimum Public Shareholding requirements obliges recognised stock exchanges to issue notices and impose daily monetary penalties, direct depositories to freeze promoters&#039; and promoter group shareholdings, and restrict promoters and directors from accepting new directorships in other listed entities until compliance. Persistent non-compliance escalates penalties and freezing of all securities in promoters&#039; demat accounts; exchanges may also consider compulsory delisting. Upon satisfaction of compliance, exchanges must instruct depositories to unfreeze securities, lift restrictions, and publish compliance status.</description>
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      <description>Non-compliance with the Minimum Public Shareholding requirements obliges recognised stock exchanges to issue notices and impose daily monetary penalties, direct depositories to freeze promoters&#039; and promoter group shareholdings, and restrict promoters and directors from accepting new directorships in other listed entities until compliance. Persistent non-compliance escalates penalties and freezing of all securities in promoters&#039; demat accounts; exchanges may also consider compulsory delisting. Upon satisfaction of compliance, exchanges must instruct depositories to unfreeze securities, lift restrictions, and publish compliance status.</description>
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