Page 2 - Shareholding

Shareholding of FPIs in listed companies at five-year high, shows data

The increase comes on the back of Rs 1.42 trillion foreign capital flows into domestic stocks during the October-December 2020 period

Tata Elxsi jumps 7% as FPIs hike stake in Q3; stock surges 177% in 6 months

In the past two quarters, FPIs have increased their stake in the company by 2.08 percentage points

GAIL gains 4%, hits 52-week high as board set to mull buyback on Jan 15

The government, which holds 52.1 per cent of GAIL, is likely to participate in the GAIL buyback

Sebi's timely move

Lower public shareholding norms should help large IPOs

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

The shareholding pattern disclosed by the Tata group automaker showed Rakesh Jhunjhunwala holding 40 million shares

Promoter pledging hits three-year high in August at 1.86% of market cap

Value of pledged shares soared 56% to Rs 2.77 trillion in August from Rs 1.78 trillion at the end of July

Sebi may relax minimum public shareholding norms for firms under insolvency

The market regulator has proposed relaxing norms pertaining to 25 per cent minimum public shareholding for companies that undergo corporate insolvency resolution and seek relisting afterwards

Sebi relaxes 25% minimum public shareholding norms, deadline postponed

Experts said Sebi's relaxation would also benefit companies where promoter holding had increased beyond 75 per cent because of open offers or other acquisitions.

Covid-19 turbulence: FPIs turn risk averse, prune holdings in Indian firms

The trend comes on the back of a Rs 55,000-crore FPI sell-off during the March quarter

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April

Takeover norms for unlisted firms may change playing field for shareholders

The provision should benefit minority shareholders as long as there is no compulsory acquisition of shares of the minority, say legal experts

Dividend payout ratio 75% for foreign-owned insurance intermediaries

In case the profit for the relevant period includes any extra-ordinary profits or income, the payout ratio shall be computed after excluding such extra-ordinary items

Firms with over 75% promoter shareholding number over 70

The Securities and Exchange Board of India requires listed companies to maintain no more than 75 per cent public shareholding

Regulators working on tighter norms for promoter pledged share funds

RBI, Sebi, Irdai and PFRDA to work closely on new framework

Minimum shareholding norm may see slew of discussions among insurers

Presently, foreign direct investment of up to 49% is permitted in the insurance sector