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May 12, 2021 SEBI says the nature of ownership of firms is changing   -  portishead1× With PEs and institutions in control, difficult to identify promoter group In a move with implications for many corporate houses, market regulator SEBI proposes to shift focus from promoters to controlling shareholders in a company. SEBI said the nature of ownership of companies is changing with private equity and institutional investors picking substantial stakes in companies. This could lead to a situation where persons with no controlling right and minority shareholding continue to be classified as promoters. The concept of promoter is used in a number of regulations of SEBI and other regulatory authorities. Further, the identification of promoters is also relevant from an enforcement perspective.

Shriram subramanianAmit tandonCyril amarchand mangaldasYash asharCyril amarchandஸ்ரீராம் சுப்ரமணியன்அமித் டான்டன்சிரில் அமர்சந்த் மங்கல்தாஸ்யஷ் ஆஷர்சிரில் அமர்சந்த்