5 flouting PSBs laid out action plan to meet minimum public shareholding requirement: Official

Mar 14, 2024

Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior...

Centre grants one-time exemption to LIC to achieve 25% minimum public shareholding

Dec 22, 2023

The central government has granted a one-time exemption to Life Insurance Corporation of India (LIC) to achieve 25 per cent Minimum Public Shareholding (MPS)...

Patanjali Foods' promoters say shareholding freeze won't impact company's financial position

Mar 16, 2023

Earlier the stock exchanges had put a freeze on the shares owned by the promoters for not meeting the minimum public shareholding (MPS) requirements...

Adani Enterprises to exit Adani Wilmar JV, to raise USD 2 billion

Dec 30, 2024

Adani Enterprises on Monday informed stock exchanges that it will sell 13 per cent of Adani Wilmar to achieve minimum public shareholding requirements and...

SEBI grants LIC three more years to achieve 10% public shareholding

May 15, 2024

The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC)...

MoF launches digital public consultation on implementation of Global Minimum Tax in UAE

Mar 15, 2024

The digital public consultation reflects the Ministry's belief in the importance of consulting with all stakeholders including the multinational groups operating in the UAE,...