(a) whether the Government is planning to fix minimum public holding not below the 25% in listed companies;
(b) if so, the details in this regard;
(c) the time by which a final decision is likely to be taken
by the Government in this regard?
(a) whether the Government is planning to fix minimum public holding not below the 25% in listed companies;
(b) if so, the details in this regard;
(c) the time by which a final decision is likely to be taken
by the Government in this regard?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)
(a) to (c): A Discussion Paper titled “Requirement of Public Holding
for Listing†has been put up on the Ministry of Finance’s website
seeking public comments by 28th February, 2008. The Discussion
Paper, inter alia, proposes minimum public holding of 25% for
both initial and continuous listing.