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SEBI eases IPO shareholding rules, brings relief for large companies

New Delhi, Sep 12 (IANS) The Securities and Exchange Board of India (SEBI) on Friday announced a series of regulatory changes after its board meeting, including a major relaxation in minimum public shareholding (MPS) norms for large companies planning initial public offerings (IPOs). According to SEBI’s release, companies with a market capitalisation of Rs 50,000 […]