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…