Public Shareholders

Public shareholding in the top 10 Nifty 500 stocks has risen over 10x since the start of the pandemic.

Sebi comes out with new format for disclosure of shareholding patterns

In the disclosure of public shareholding, names of the shareholders holding one per cent or above of shares of the listed entity is to be disclosed.

IOB capital infusion: Sebi exempts govt from making open offer

As part of capital infusion into the public sector lender, the government's stake in IOB would increase by more than five percent.

Open offers by listed firms fall 32% in FY16

Open offers made by listed companies to buy shares from public shareholders dropped about 32 percent to Rs 11,766 crore in the last fiscal ended March 31, shows latest data published by market regulator SEBI

Pipavav deal: Reliance Infra makes Rs 1,263cr open offer

The open offer made by Reliance Defence Systems and Reliance Infrastructure, for purchase of over 19.14 crore shares, has been made at a price of Rs 66 each, as per the offer documents filed with the markets regulator Sebi. Pipavav shares on Tuesday closed nearly 4 percent down at Rs 61.3 at the BSE.

May re-look at new delisting norms: Sebi's UK Sinha

The Sebi norms issued last month, which mandate participation of at least 25 percent public shareholders in the delisting process, has also drawn criticism from market participants.

Kotak-ING Vysya: Cos will need more shareholder support

Voting cap means both Kotak and ING need more public support than they would have for this deal to go through. The deal is done under the Banking Regulation Act and not the Companies Act.

Naresh Goyal to buy 1.11% stake in Jet from Tail Winds

Goyal currently holds 5,69,73,296 shares or 65.99 percent stake in Jet, which would rise to 67.1 percent after the proposed share purchase. On the other hand, Tail Winds holds 77,76,212 equity shares or 9.01 per cent stake in Jet, which would decline to 7.89 percent stake or 6,815,843 shares after the proposed transactions.

Public float defaulters to face fresh penal actions: Sebi

The deadline for private sector listed companies to achieve minimum 25 per cent public shareholding expired on June 3, following which Sebi had taken interim actions against 105 companies that failed to comply with the norms.

Sebi seeks clarification on Diageo offer for United Spirits

Market-regulator Sebi has sought additional details from global liquor giant Diageo with regard to its Rs 5,441-crore open offer for acquiring 26-percent stake in UB Group firm United Spirits Ltd.

Cinemax promoters sell stake to PVR for Rs 395 crore

Kanakia family, the promoters of multiplex operator Cinemax India have entered into a definitive agreement to sell their 69.27 percent stake to rival PVR for about Rs 395 crore, the two companies said on Thursday.

Open offers hit 4-year high in 2011-12

Public shareholders in listed firms got open offers worth Rs 19,305 crore in the last fiscal, the highest in past four years, and largely dominated by offers made for change of management control at the companies.

UTV gets shareholders' approval to delist from bourses

Media and entertainment company UTV Software Communications today said its public shareholders have approved the proposal to delist the company's shares from Indian bourses.

M&M launches open offer to acquire 20% stake in EPC Inds

Diversified firm Mahindra & Mahindra today launched an open offer as per a revised plan to acquire 20% additional stake in EPC Industries from public shareholders as per a revised schedule.

Reliance Infra's Rs 1,000cr share buyback opens April 5

Asserting that its shares are undervalued at current levels, Anil Ambani-led Reliance Infrastructure today announced a Rs 1,000 crore share buy-back offer to buy 8.34% shares from public shareholders.