Regulatory Alerts2026-04-07
Added · Updated
Relaxation from SEBI Master Circular provisions on Minimum Public Shareholding non-compliance
The Securities and Exchange Board of India (SEBI) grants a one-time relaxation from penal provisions under its Master Circular for listed entities failing to meet Minimum Public Shareholding requirements between April 1, 2026, and September 30, 2026. Recognized stock exchanges and depositories are directed to refrain from taking penal actions, such as fines or freezing promoter shareholding, against these entities during this period and to withdraw any such actions initiated from April 1, 2026, until the date of the circular. This directive applies immediately and requires stock exchanges to update their bye-laws and notify affected entities accordingly.
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