Govt exempts state-run firms from meeting public shareholding norms for 2 years, document shows
NEW DELHI – India has exempted all state-run firms from meeting public shareholding norms for two years until August 2026, according to a document seen by Reuters.
All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator’s rules.
Market regulator Securities and Exchange Board of India (SEBI) will have to bring the change into effect, the document showed.
