Sunday 19th August 2018

Out of 89 only 52 PSUs complied with Sebi’s public float norm

Aug 12th, 2018 5:03 pm | By | Category: LATEST NEWS

psu
(THE NEWSMAN OF INDIA.COM)
As per the report 37 listed PSUs still have not complied with markets regulator Sebi’s 25 per cent minimum public shareholding norms. According to the norms of Sebi, PSUs were mandated to achieve the minimum 25 per cent public shareholding by 2017, which was later extended by a year. But Out of the total 89 listed PSUs, 52 are compliant with the minimum public shareholding requirement of 25 per cent and remaining 37 are yet to comply with the rule.

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