• IND SEBI reviewed existing methods and introduced two additional methods to facilitate listed entities to achieve minimum public shareholding (MPS) requirements.
• Follows IND SEBI February 2018 issued minimum public shareholdings rules.
• Follows IND SEBI January 2023, modified provisions of existing framework.

Methods

• Listed entities may adopt any of the 10 methods in this circular, to achieve compliance with MPS requirements mandated under the securities contracts (regulation) rules read with the SEBI (listing obligations and disclosure requirements) regulations.
• Stock exchanges shall monitor the methods adopted by listed entities to increase their public holding and comply with MPS requirements in terms of this circular.
• Non-compliance observed by stock exchanges shall be reported to SEBI quarterly.