25% public holding: Will It Happen this Time?

Nearly 181 private companies and 16 PSUs would need to sell shares before the August 2013 deadline in order to comply with the 25% shareholding rule. Will corporate India succeed in another deferment of the deadline?

'Not again’, we said, on reading SEBI (Securities and Exchange Board of India) chairman UK Sinha’s announcement that listed companies will have to compulsorily ensure a 25% public...

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