News & Media 19th Aug 2025

Listed firms, open offers may gain from Sebi’s relaxed MPS stance

Authors

Geeta DhaniaPartner | Noida

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Our Partner Geeta Dhania shares her views in the article “Listed firms, open offers may gain from Sebi’s relaxed MPS stance” by Khushboo Tiwari in Business Standard.

In this piece, the Securities and Exchange Board of India (SEBI) proposes extending the compliance timeline for the 25% Minimum Public Shareholding (MPS) requirement. Under the existing Securities Contract (Regulations) Rules (SCRR), companies must reach the 25% public holding mark within five years of listing. SEBI’s new proposal would stretch this to up to 10 years—but only for companies with post-issue market capitalization exceeding ₹1 trillion.

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