After introducing Public Offers in the first part and discussing some regulatory changes in primary markets in the second post, the third post will focus on the pros and cons of the recently proposed 25% listing norms.
On 4th June 2010, the Ministry of Finance amended the Securities and Contract (Regulation) Rules, 1957 to set a limit of a minimum 25% public shareholding for initial public offers (listings) by companies on Indian stock exchanges as well as for continued listing.
