https://www.taxtmi.com/notifications?id=145212 Amendment to rule 19(2)(b) of the Securities Contracts (Regulation) Rules replaces the sixty per cent public offering benchmark with a twenty-five per cent threshold, allows a recognised stock exchange to relax that requirement for a Government Company with prior Central Government approval and subject to governmental instructions, and amends the Explanation to state that the identified element "shall not form part of the twenty-five per cent, of the securities to be offered to the public." en-us Mon, 20 Sep 1993 00:00:00 +0530 Mon, 16 Mar 2026 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=145212 Amendment to rule 19(2)(b) of the Securities Contracts (Regulation) Rules replaces the sixty per cent public offering benchmark with a twenty-five per cent threshold, allows a recognised stock exchange to relax that requirement for a Government Company with prior Central Government approval and subject to governmental instructions, and amends the Explanation to state that the identified element "shall not form part of the twenty-five per cent, of the securities to be offered to the public." Notifications SEBI Mon, 20 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/notifications?id=145212