Yes, in my view SEBI norms require every listed firm to maintain a minimum public shareholding of 25 per cent. To maintain the said ratio/percentage promoter(s) of a listed company can now sell shares up to 2 per cent held by the promoters/promoter group in the open market.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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