Public Float Norms

Action after co fails to meet 25% public float

Shares held by non-promoters are called public float or public shareholding

The move is to ensure fairness and prevent arbitrary use of latest dispensation provided by the government

Why are free float shares important? What is the free float requirement for newly listed companies? How and who will the Sebi move benefit? In this podcast, we explained Sebi's new free float norms

Sebi proposal follows surge in Ruchi Soya stockprice; higher disclosure norms on the cards

As of June, there were 18 PSUs with government holding of more than 75%