Page 4 - Shareholding

Covid-19 turbulence: FPIs turn risk averse, prune holdings in Indian firms

The trend comes on the back of a Rs 55,000-crore FPI sell-off during the March quarter

Kotak Mahindra Bank promoters get RBI nod to cap voting rights, pare stake

Promoters' voting rights would stand curtailed to 20% until March, and reduce further to 15% from April

Takeover norms for unlisted firms may change playing field for shareholders

The provision should benefit minority shareholders as long as there is no compulsory acquisition of shares of the minority, say legal experts

Dividend payout ratio 75% for foreign-owned insurance intermediaries

In case the profit for the relevant period includes any extra-ordinary profits or income, the payout ratio shall be computed after excluding such extra-ordinary items

Firms with over 75% promoter shareholding number over 70

The Securities and Exchange Board of India requires listed companies to maintain no more than 75 per cent public shareholding

Regulators working on tighter norms for promoter pledged share funds

RBI, Sebi, Irdai and PFRDA to work closely on new framework

Minimum shareholding norm may see slew of discussions among insurers

Presently, foreign direct investment of up to 49% is permitted in the insurance sector