valid as on 11/04/2021

Regulation 38. Minimum Public Shareholding.
Effective date 01.12.2015

Minimum Public Shareholding.

38.The listed entity shall comply with the requirements specified in Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules,1957 in the manner as specified by the Board from time to time:
Provided that provisions of this regulation shall not apply to entities listed on institutional trading platform without making a public issue.

  1. Refer circular dated 14.05.2020 for relaxation on compliance from MPS due to COVID. To view the circular,Click Here
  2. Refer circular CFD/CMD/CIR/P/2017/115 and SEBI/HO/CFD/CMD/CIR/P/43/2018. To view the circular,Click Here

SEBI Circular CFD/CMD/CIR/P/2017/115 dated 10/10/2017

SEBI Circular dated 14.05.2020 on relaxation from the applicability of SEBI Circular dated 10.10.2017 on non-compliance with the Minimum Public Shareholding requirements

SEBI Circular SEBI/HO/CFD/CMD/CIR/P/43/2018 dated 22/02/2018

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