SEBI Circular No. CIR/P/43/2018 on dt. 22nd February, 2018 has superseded the Circular No. CIR/CFD/CMD/14/2015 dated November 30, 2015. This Circular has been issued with a view to further facilitate listed entities the following additional methods to comply with the minimum public shareholding requirements: a) Open market sale and b) Qualified Institutions Placement.
Pursuant to the above, a compilation of all methods allowed for achieving compliance with the minimum public shareholding requirements is placed at Annexure to this Circular for reference.
The said circular of SEBI can be accessed from the following link:SEBICircular_22.02.2018_Manner of achieving Min. Public Sh. Holding