LIC rallies 5% to 52-week high after minimum shareholding rule tweak lifts overhang

Earlier this year, the government had amended the regulation so that listed state-run companies, including banks, will not need to comply with the rule requiring an MPS of 25 percent even after their privatisation, if the government decides so “in public interest”

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​ Earlier this year, the government had amended the regulation so that listed state-run companies, including banks, will not need to comply with the rule requiring an MPS of 25 percent even after their privatisation, if the government decides so “in public interest” Earlier this year, the government had amended the regulation so that listed state-run companies, including banks, will not need to comply with the rule requiring an MPS of 25 percent even after their privatisation, if the government decides so “in public interest”  Moneycontrol Latest News Read More