PSU NEWS
Listed PSUs sell shares worth Rs 2,500 cr to meet SEBI norms
New Delhi,Listed public sector companies have sold shares worth over Rs 2,500 crore to comply with minimum public shareholding norms for which the deadline ended last week, a report said today.
Capital market regulator SEBI norms required all state-run companies to have at least 10 per cent public shareholding by August 8.
Till June 30, as many as 16 public sector companies were required to meet SEBI’s minimum public shareholding norms.
Among these NMDC, Rashtriya Chemicals & Fertilisers, State Bank of Mysore had complied with the guidelines. The Tribune.
News Must Read
- REC Ltd received NOC to set up wholly owned subsidiary in Gift City, Gujarat
- Atanu Chakraborty Reappointed as part-time Chairman of HDFC Bank
- MRPL Q4 Results: Net profit slips 40%, Annual Gains Strong
- DMRC Celebrates 30th Foundation Day at Bharat Mandapam
- Sushil Sharma assumes additional charge of CMD, and Director (Personnel) of SJVN Limited
- Coal India Limited Board recommends final dividend, here to know
- Dr. Subhransu Sekhar Acharya assumes charge of NSIC CMD
- CIL reports mixed bag of results for Q4 of FY23-24
- NMDC's Promising Start to FY25, Targets 50 Million Tonnes
- RITES to take assessment for Vande Bharat Trains