SEBI Suggests Raising Floating Stocks in PSU'S to 25% by Disinvesting Government Stakes

摘要

Securities and Exchange Board of India's (Sebi) has advised the finance ministry to raise floating stocks in PSU's to 25% of the total market capitalisation by divesting government stakes. This would bring the PSU's at par with private listed companies. It also gave listed companies a three-year period to achieve the dilution target.