https://www.taxtmi.com/notifications?id=145207 The amendment reforms public shareholding norms by imposing a tiered, post-issue capital-based framework for minimum public offers of each class of equity shares or convertible debentures, with staged timelines for issuers to increase public shareholding after listing. It requires simultaneous listing of superior voting shares when ordinary shares are offered to the public, provides an exception for IFSC listings with modified application of the tiered minimums, and authorises recognised stock exchanges to penalise prior non-compliance. The rules take effect on Gazette publication. en-us Fri, 13 Mar 2026 00:00:00 +0530 Wed, 18 Mar 2026 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=145207 The amendment reforms public shareholding norms by imposing a tiered, post-issue capital-based framework for minimum public offers of each class of equity shares or convertible debentures, with staged timelines for issuers to increase public shareholding after listing. It requires simultaneous listing of superior voting shares when ordinary shares are offered to the public, provides an exception for IFSC listings with modified application of the tiered minimums, and authorises recognised stock exchanges to penalise prior non-compliance. The rules take effect on Gazette publication. Notifications SEBI Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145207