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Below the Comment on SEBI revamping provisions relating to minimum public shareholding under SCRA On SEBI Press statement Point No 1 & 2 by Makarand Joshi Founder Partner MMJC and Associates a corporate compliance firm 

By reducing initial dilution requirements for companies with higher market capitalisations SEBI aims to ease fundraising pressures while retaining the retail quota at 35%. This historic shift will transform India’s primary market by making companies with higher valuation lists with more flexibility to meet dilution requirements considering scenarios which are in the best interest of the company. With the growing size of Indian cos regulators have also considered creating a market for the same. This can be seen with the point that provisions of SCRA have been amended twice in the last 5 years.  With this it is clear that the regulator is matching expectations in making the market competitive to the global market.

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