Non-public shareholding in listed company
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30-Mar-2023 05:13 AM /
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How is the maximum permissible non-public shareholding in a listed company defined?
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As per SEBI regulations, the maximum permissible non-public shareholding in a listed company is defined as the maximum percentage of total shareholding that can be held by all the shareholders, other than public shareholders. In other words, the maximum permissible non-public shareholding is the total shareholding of all the shareholders, including promoters, promoter group, and other non-public shareholders, minus the shareholding of public shareholders, expressed as a percentage of the total share capital of the company. The maximum permissible non-public shareholding in a listed company is currently set at 75% of the total share capital of the company.