Sell of shares of promoter group
Posted By :
Rishu /
Published on :
14-Jun-2022 08:54 AM /
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541 /
Comment :
1
How can a person who is in promoter group of a public listed company (also related to promoter) sell his shares? Is there any compliance under any law, or any disclosure required???
Read more on : group promoter shares sell
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You can reclassify the promoter group to public category pursuant to Reg 31A of SEBI Listing Regulations, if all the conditions are fulfilled or else opt for Inter-se transfer pursuant to Reg 10 of SEBI Takeover Regulations.