The Securities and Exchange Board of India (Sebi) has started a review of what constitutes a free float and whether it should continue to be minimum public shareholding or only be the shares that are ...
The proportion of a quoted companys shares not held by those closest (eg. directors, founding families) to the company who may be unlikely to sell their shares.
The stockmarket regulator yesterday formed a committee to set the definition of “free float”, as a new index to be introduced on the bourses would be based on free float or tradable shares of listed ...