153 Companies Yet To Comply With 25 Percent Public Float Norm
MUMBAI: Investors on Dalal Street could be richer by about $2 billion if the promoters of 15 multi-national companies in which the current public holding is less than 25% decide to delist these companies from the bourses in India. Seen from the other side, in case the foreign promoters decide to dilute their stakes to below 75%…
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