The New Year has brought 3 new mechanisms- 2 that help companies and their promoters to meet the minimum 25% public shareholding limit and the third helps the majority shareholder have more shares accepted in a buyback.
I’ve spent the last two days, this week, in the Securities Appellate Tribunal listening in to closing arguments in the Sahara- SEBI case. Fascinating case this is - one that will surely be precedent setting.