SEBI has proposed easing public shareholding norms exclusively for PSU delisting, aiming to accelerate strategic exits by the government.

SEBI has proposed easing public shareholding norms exclusively for PSU delisting, aiming to accelerate strategic exits by the government.

In the Livemint article, our Founder & MD, Shriram Subramanian, shared his perspectives on this. He said, “The broader question raised by SEBI’s consultation paper is why the proposed delisting carve-out is limited to public sector undertakings (PSUs) and not extended to private sector companies as well.

All companies where the promoter owns more than 90%, are loss-making, and have little or no business to be listed should be considered for delisting. Promoters may opt for delisting if there is certainty of timelines, delisting price, and process. This consultation paper only benefits PSUs but provides minority shareholders a one-time exit.”

Read the full article on Livemint:

🔗 https://www.livemint.com/market/sebi-psu-delisting-proposal-public-shareholding-norms-psu-delisting-rules-public-sector-delisting-rules-11747033770520.html

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