News From Press Why Sebi must ask FPIs to be more transparent

Why Sebi must ask FPIs to be more transparent

Source: livemint Sep 26, 2023

A listed company needs to have a minimum public shareholding (MPS) of 25% to ensure sufficient market depth, to avoid market manipulations and to enable meaningful shareholders’ democracy. Let us for instance consider the case of a promoter already holding nearly 75% of shares of a listed company and wants to gain more control over his entity.

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