CA NeWs Beta*: SEBI has amended its rules to allow promoters to use rights and bonus issue of shares

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Thursday, August 30, 2012

SEBI has amended its rules to allow promoters to use rights and bonus issue of shares

SEBI has amended its rules to allow promoters to use rights and bonus issue of shares for dilution of their stake to meet minimum public holding norms, stating it would consider any further relaxation in this matter on case by case basis.

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