https://www.taxtmi.com/notifications?id=128304 These regulations require recognised stock exchanges undergoing corporatisation or demutualisation to ensure a majority of equity capital is held by the public through public issues, offers for sale by trading-rights shareholders, approved placements, private placements to non-trading persons, or combinations thereof, all subject to Companies Act and SEBI disclosure and preferential issue rules; the Board issues confirmation upon compliance and may inspect, audit and direct divestment or other remedial measures for breaches. en-us Mon, 13 Nov 2006 00:00:00 +0530 Fri, 15 Feb 2019 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128304 These regulations require recognised stock exchanges undergoing corporatisation or demutualisation to ensure a majority of equity capital is held by the public through public issues, offers for sale by trading-rights shareholders, approved placements, private placements to non-trading persons, or combinations thereof, all subject to Companies Act and SEBI disclosure and preferential issue rules; the Board issues confirmation upon compliance and may inspect, audit and direct divestment or other remedial measures for breaches. Notifications SEBI Mon, 13 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128304