Exempting select PSUs from minimum free float norm reverses govt stance

Source: Indian Expres Relevance: Changes to minimum public shareholding norms and consequent impact Synopsis: Recently, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). Background Through a recent notification in the government gazette, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). The amendment states… Continue reading Exempting select PSUs from minimum free float norm reverses govt stance