Search Forum
Blog Entry# 4710337
Posted: Sep 09 2020 (10:29)
11 Responses
Last Response: Sep 10 2020 (08:57)
11 Responses
Last Response: Sep 10 2020 (08:57)
IR Affairs
sachinature~ 1669 news posts
9 Public Posts - Wed Sep 09, 2020
These are all false notions. The main reason for this decision is not lazy/inefficient govt/PSU employees or extra efficient private sector or any such common misgivings but the SEBI's 25% norms.
If its not obeyed by govt, SEBI may penalize the government and cap its listings in the stock market.
The 25 per cent MPS norms were introduced in 2013, whereby no listed company was permitted to have more than 75 per cent promoter stake. The rules were aimed at improving liquidity and better stock price discovery by making higher float available...
more...
If its not obeyed by govt, SEBI may penalize the government and cap its listings in the stock market.
The 25 per cent MPS norms were introduced in 2013, whereby no listed company was permitted to have more than 75 per cent promoter stake. The rules were aimed at improving liquidity and better stock price discovery by making higher float available...
more...
1 Public Posts - Thu Sep 10, 2020